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$MAC and $TCO said they have agreed to purchase Kansas City-based Country Club Plaza from $HIW for $660MM cash. $TCO and $MAC will each have a 50% interest in the plaza, which will be jointly managed by both companies. A long-term, fixed-rate loan for 50-60% of purchase price is expected to be placed on the asset. Sale is expected to close in 1Q16.
$PFE has been slapped with a fine of $107 million by the UK for overcharging its epilepsy drug.
President Trump's tweet suggesting cancellation of Air Force One contract with $BA citing high cost has made the headlines. Will it make any impact in the Street for Boeing since the aircraft is meant for the use of President of US?
For the past few quarters $LULU has had a consistent net revenue increase of around 16%, so expecting the same this time around too. Maybe more!!!