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Austin Wurschmidt of KeyBanc Capital Markets asks about the guidance for Northern California. $ESS said it is not expecting an acceleration in rent but it expects 4Q16 to be better than last year. The guidance assumes that rents do not fall off as they do seasonally and that $ESS will be able to maintain rents and achieve renewals of 5-6%.
$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.