Want to join the conversation?
Glendale, California-based REIT $PSA reported 4Q15 net income of $303MM, or $1.74 per diluted share, up 7% from net income of $284MM, or $1.64 per diluted share, in prior year quarter, aided by the growth in self-storage net operating income. For the quarter, FFO was $2.46 per diluted share vs. $2.17 in 4Q14. Revenue grew 8% YoverY to $609.4MM.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.