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Stock Market & Financial Investment News

News Breaks
December 5, 2012
11:00 EDTSPGSchindler Elevator awarded national service contract with Simon Property
Schindler Elevator has been awarded a multi-million-dollar national service contract with Simon Property Group to maintain over 750 elevators and escalators in 81 shopping malls as well as two office buildings across the United States. The contract includes full maintenance. Under the agreement, Schindler is also a provider for modernization and repair work, including escalator replacements.
News For SPG From The Last 14 Days
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March 6, 2015
12:54 EDTSPGMacerich moves off lows after Simon Property files mixed securities shelf
Note that The Wall Street Journal reported yesterday that Simon Property (SPG) has made takeover approaches to Macerich (MAC) twice since late 2014.
12:52 EDTSPGSimon Property files automatic mixed securities shelf
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March 5, 2015
05:48 EDTSPGSimon Property may look to acquire peer Macerich, WSJ reports
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February 26, 2015
09:06 EDTSPGSimon Property investing $250M in renovating The Galleria in Houston
Simon announced a $30M renovation of Houston Galleria's luxury wing to complement the previously announced construction of a new flagship Saks store, the addition of 110,000 square feet of new retail space and the creation of a 14,000 square foot, architecturally appealing, free standing retail building. In total, Simon is investing $250M at The Galleria.
February 25, 2015
07:04 EDTSPGSimon Property announces strategic partnership with Hudson's Bay Company
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