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Colorado-based REIT $UDR reported a decrease in 1Q16 results. Net income fell to $9.46MM or $0.04 per share in 1Q16 from $72.8MM or $0.28 per share in 1Q15 hurt by higher operating expenses. Total revenues grew to $234.8MM in 1Q16 compared to $219.7MM in 1Q15.
$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.