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$SPG increased both the low and high ends of its previously provided full-year 2015 EPS and FFO per share guidance. Its 2015 EPS outlook was revised upwards to range of $5.50-5.55 from previous forecast of $5.47-5.52. $SPG also raised its FFO per share outlook to range of $10.10-10.15 from previous estimate of $10.02-10.07.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.
Samsung chief Jay Y. Lee arrested under $36 million bribery charges. Stocks are also down. This is going to impact the sale of its Galaxy 8, set for April release. Here’s an opportunity for $AAPL to capitalize on a rival’s fall.