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Escondido, California-based REIT $O said the company increased its 2016 acquisitions guidance to approx. $900MM from $750MM provided earlier. Interest expense in 1Q16 rose by $2.2MM to $60.7MM, driven by a recognition of a non-cash loss of approx. $5.8MM on interest rate swaps during the quarter.
You are such a letdown $FII. I regret not selling you when you were nearing $33. Now I am stuck with you, you are stuck with me!
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!