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$BXP said that during 1Q16, the company completed 14 deals for about 173,000 sq. ft. Over 100,000 sq. ft. of demand had starting rent over $100 a sq. ft., being all renewals and floor expansions. Looking to the remainder of 2016, same property growth is expected to moderate. Leasing activity is steady and in line with prior projections.
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.