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$WRI said 75% of its NOI comes from shopping centers with a supermarket component and its grocers average $621 a square foot in sales. 16% of the avg. base rent comes from Houston. Houston properties average $113,000 in household income and 84% service super-zips. At 1Q16-end, Houston same property occupancy rose to 96.9% and rent growth was 36.8%.
$VZ down more than 2% after a disappointing third quarter. A lot of uncertainty on the Yahoo deal too.
Wanna know what $TSLA announced yesterday? Watch the video!! Tesla Self-Driving Car Level 5 Autonomy. This is crazy!!
Construction equipment supplier $URI reported that in U.S., the employment report for September was encouraging. Geographically, the company is experiencing growth in the east and west coast regions. $URI added that in Canada, the economy is challenging. Rental revenue from Canada was down approx. 10% in 3Q16.