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Real estate investment company $LXP said that it has closed the previously announced acquisition of an industrial facility in Detroit, Michigan, which was purchased for $29.7MM, with both initial cash and estimated GAAP yields of 7.4%. The company said this property is net leased to FCA US LLC for an initial 20-year lease term.
$SBUX launched its annual “Starbucks for Life” competition in the U.S. and Canada. The winner of the competition will receive a credit of one drink or food item per day for a duration of 30 years.
$T shares rose 1.8%, as a big boost for the S&P 500. The company said its new streaming television service DirectTV has so far exceeded expectations.
$TXMD flying high.. anyone here to catch..?
$CMG crashing. There seems to be nothing good to read about this company.