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$AIV 2Q15 Call: Fitch upgraded AIV’s rating to investment grade. Revenues up 4.5% YoverY. Expenses down 10 BP YoverY with NOI at 6.7% for 2Q15. Renewal rents increased 5.1%. Achieved blended lease rates of 5.4%, up 50 BP YoverY. Turnover was 50.6%. YoverY median income of new residents up 20%. Invested total of $158MM in AIV’s portfolio.
$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 !!