Want to join the conversation?
$BXP said that in 2Q16, net absorption was 8.4MM square feet, vacancy improved 10 BP to 13.8%, asking rents rose 6.5% YoverY, & construction levels rose 5%, but remains at 2.2% of total stock which is slightly above long-term averages. As cap rate spreads widen with lower interest rates and risk, the European investment is exacerbated by Brexit.
$NFLX a monster move, going up. Expect making some money on Monday.
$AMD down more than 6% even after posting above consensus third quarter results.
$MCD stock rose more than 2% after it posted better than expected 3Q16 results, driven by global same-store sales growth. Meanwhile, earnings and revenue were lower than last year, hurt by refranchising efforts.