Want to join the conversation?
$AIV 2Q15 Call: Fitch upgraded AIV’s rating to investment grade. Revenues up 4.5% YoverY. Expenses down 10 BP YoverY with NOI at 6.7% for 2Q15. Renewal rents increased 5.1%. Achieved blended lease rates of 5.4%, up 50 BP YoverY. Turnover was 50.6%. YoverY median income of new residents up 20%. Invested total of $158MM in AIV’s portfolio.
$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.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!