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$MAA said the company has entered into an agreement to buy $PSS, creating a Sunbelt-focused, publicly traded, multifamily REIT. The combined company is expected to have a pro forma equity market capitalization of approx. $12Bil and a total market capitalization of approx. $17Bil. $MAA expects the transaction to close during 4Q16.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.
My bet is that $FR will reach $32 in the short term. It’s time it broke the 52-week high and had its fair share of growth.
$WYNN got bruised up by China after its decision to cut withdrawal limit in Macau ATMs. Wynn Resorts shares went down by more than 11%! Well who could have guessed that right?
$AVGO 4Q results beat analyst’s expectations again this time. Time to make some hay while the sun shines ;)