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Stock Market & Financial Investment News

News Breaks
September 13, 2013
07:17 EDTSKT, SPG, TCO, GGPMall owners see their stocks retreat, Bloomberg reports
Mall owners (SPG, GGP, TCO, (SKT) the best-performing U.S. property stocks for four years, have slid to the worst as sluggish retail sales and limited opportunities to expand drive investors to look elsewhere for earnings growth, reports Bloomberg. Reference Link
News For SPG;GGP;TCO;SKT From The Last 14 Days
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July 30, 2015
16:35 EDTTCOTaubman Centers raises 2015 FFO outlook to $3.28-$3.36 from $3.20-$3.28
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16:35 EDTTCOTaubman Centers reports Q2 FFO 76c, consensus 72c
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July 24, 2015
07:03 EDTSPGSimon Property raises FY15 FFO to $10.02-$10.07 from $9.60-$9.70
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07:02 EDTSPGSimon Property reports US Malls occupancy of 96.1% as of June 30
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07:02 EDTSPGSimon Property reports Q2 FFO $2.63, consensus $2.37
Included in the second quarter 2015 results is $80.2 million, or $0.22 per diluted share, related to a gain upon sale of marketable securities. Reports Q2 revenue $1.35B, consensus $1.24B. Growth in comparable FFO per diluted share for the three months ended June 30, 2015 was 14.2%.
July 23, 2015
16:18 EDTGGPRetail Properties of America appoints Heath R. Fear as CFO
Retail Properties of America (RPAI) has appointed Heath R. Fear to serve as its new CFO and treasurer, effective August 17. Fear has over 20 years of experience in the real estate industry and currently serves as senior VP, head of capital markets of General Growth Properties (GGP) and as a member of GGP's capital and management committees.
15:05 EDTSPGNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's open, with earnings consensus, include AbbVie (ABBV), consensus $1.06... Biogen (BIIB), consensus $4.10... Simon Property Group (SPG), consensus $2.36... State Street (STT), consensus $1.37... V.F. Corp. (VFC), consensus 36c... Johnson Controls (JCI), consensus 91c... American Airlines (AAL), consensus $2.60... Rockwell Collins (COL), consensus $1.30... Cabot Oil & Gas (COG), consensus 4c... Lear (LEA), consensus $2.48... Encana (ECA), consensus (15c).

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