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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.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.
$FHN shares have dropped after its earnings missed analysts’ expectations. I’m worried whether the stock will slide further.