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For 2015, $AIV raised its pro forma FFO per share guidance to the range of $2.20-2.24 from $2.16-2.26 previously guided. The new guidance is based on conventional same-store NOI growth of 5.4-5.8% vs. 5-6% guided earlier. For 4Q15, $AIV expects pro forma FFO per share in the range of $0.56-0.60 on a conventional same-store NOI growth of 4-4.5%.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.