Want to join the conversation?
Self-administered real estate investment trust $MAC said that 1Q16 FFO was $0.87 vs. $0.79 in 1Q15, which was negatively impacted by $3.5MM of loss on early extinguishment of debt on the prepayment of the Arrowhead Towne Center loan in Jan. Same-center NOI rose by 7.5% for the quarter vs. 1Q15, which also impacted quarterly results.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.