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$BXP said that in 2Q16, net absorption was 8.4MM square feet, vacancy improved 10 BP to 13.8%, asking rents rose 6.5% YoverY, & construction levels rose 5%, but remains at 2.2% of total stock which is slightly above long-term averages. As cap rate spreads widen with lower interest rates and risk, the European investment is exacerbated by Brexit.
America becomes great again!! $GM plans to move automobile production from Mexico to US, adding thousands of jobs.
$KMI will report its 4Q results today. Any idea what to expect?
Music enthusiasts get a late Christmas present from $AAPL! GarageBand and Logic Pro X both will get updates and it is big! While it won’t have a huge impact on the stock price, Apple is up a little nevertheless.
$UNH finishes 2016 Strong. Having high hopes for UnitedHealth in 2017.
Denial is the first step to acceptance and $JPM was no exception. Racial discrimination against over 50,000 mortgage borrowers and caught red-handed, but still denying it. But at least the bank said it will pay $55 million as settlement for this issue.