Want to join the conversation?
$MAC said it closed on the first of three joint ventures. Macerich contributed interests in Lakewood Center, Los Cerritos Center, South Plains Mall and Washington Square. Cash proceeds to Macerich total $1.5Bil, including $964MM in excess loan proceeds to the company. Investment firm GIC will have a 40% interest in the malls.
Does anyone feel $SBUX CEO Schultz stepping down could prove a disaster for the company?
$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.