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$GGP said suite-to-suite spreads were 13% for leases that commenced occupancy during the past 12 months. Total tenant sales, excluding anchors representing over 80% of the portfolio, grew over 2%. Leading categories were home furnishings followed by food and apparel. Sales per tenant occupying space less that 10,000 square feet fell 1.7% in 1Q16.
$BABA seems to be on a roll! But increasing its yearly sales outlook from 48% to 54% seems over-expectation from the company's part, doesn't it?
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?