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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.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.