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For 2016, $ESS expects expense growth of 3.8%. The NOI growth is expected to be 8.1% at the midpoint. The projected reduction to same property growth rate is approx. $0.05 per share to the full-year core FFO. The company has raised its full-year core FFO midpoint by $0.06 per share to $10.98. For 2016, $ESS expects core FFO growth of 12%.
$SBUX launched its annual “Starbucks for Life” competition in the U.S. and Canada. The winner of the competition will receive a credit of one drink or food item per day for a duration of 30 years.
$T shares rose 1.8%, as a big boost for the S&P 500. The company said its new streaming television service DirectTV has so far exceeded expectations.
$TXMD flying high.. anyone here to catch..?
$CMG crashing. There seems to be nothing good to read about this company.