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Indiana-based REIT $SPG said FFO increased 9.1% in 2Q16. Malls and premium outlets occupancy was 95.9%. The malls and premium outlets recorded releasing spread of $8.88 per square foot, an increase of 14.8%. Base minimum rent was $50.43 which was up 4.9% compared to last year. Total portfolio net operating income grew 7.4% in 2Q16.
$DB is going to cut off services for about 3,400 clients in equities trading.
$F stock slid more than 2% after the company issued two safety recalls involving more than 650,000 Ford Fusion and Lincoln MKZ model cars.
The new CEO of $SBUX, Kevin Johnson, has some pretty large shoes to fill but there are many who have good faith in his ability to do so.
$TSLA opening a showroom in Michigan. A bold move !!