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Colorado-based REIT $UDR said in 2Q16, AFFO growth was 8%, driven by revenue growth of 5.7% and continued leasing strength in the $400MM developments in lease-up. 2Q16 results were at the top end of guidance. Expense growth was 5.5% and NOI growth was 5.7% in the quarter.
$BA won a $22 billion deal from SpiceJet, their largest order from an Indian airline.
$FB stock remained in the green territory after Raymond James upgraded shares to strong buy from outperform, on expectations that overall 4Q16 ad spending was strong.
$ARRY Good day for the stock, jumped 7%. Great gains !
2017 was supposed to be another record year for automotive industry. Still, $F Ford thinks its profit will dip in 2017..!!
$KKR to buy Hitachi’s power tool unit Hitachi Koki for $1.3 billion. Looks like KKR & Co is going strong in Japan! Remember when it bought Calsonic Kansei a while back?