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DDR Corp (DDR.N)

DDR.N on New York Stock Exchange

13.87USD
18 Jul 2018
Change (% chg)

$-0.48 (-3.34%)
Prev Close
$14.35
Open
$14.25
Day's High
$14.33
Day's Low
$13.75
Volume
743,091
Avg. Vol
542,067
52-wk High
$21.72
52-wk Low
$13.27

Latest Key Developments (Source: Significant Developments)

DDR Announces Reverse Stock Split,Declares Common Stock Dividend For Q2 2018
Wednesday, 9 May 2018 

May 8 (Reuters) - DDR Corp ::DDR ANNOUNCES REVERSE STOCK SPLIT AND DECLARES COMMON STOCK DIVIDEND FOR SECOND QUARTER 2018.DDR CORP - BOARD OF DIRECTORS HAS UNANIMOUSLY APPROVED A ONE-FOR-TWO REVERSE STOCK SPLIT OF COMPANY'S COMMON SHARES.  Full Article

DDR Corp Q1 Operating Funds From Operations $0.26
Wednesday, 25 Apr 2018 

April 24 (Reuters) - DDR Corp ::DDR REPORTS FIRST QUARTER 2018 OPERATING RESULTS.SEES Q3 2018 FFO PER SHARE AT LEAST $0.15.Q1 OPERATING FUNDS FROM OPERATIONS ATTRIBUTABLE TO COMMON SHAREHOLDERS WAS $0.26 PER DILUTED SHARE.SEES Q3 NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS PER SHARE $0.02 - $0.03.  Full Article

DDR Corp Says Board Unanimously Approved Plan To Spin Off Portfolio Of 50 Assets
Friday, 15 Dec 2017 

Dec 14 (Reuters) - DDR Corp ::DDR CORP - BOARD OF DIRECTORS HAS UNANIMOUSLY APPROVED A PLAN TO SPIN OFF A PORTFOLIO OF 50 ASSETS.DDR CORP - RETAIL VALUE TRUST TO BE SPUN OFF WITH APPROXIMATELY $3 BILLION OF GROSS BOOK VALUE OF ASSETS.DDR - PLANNED SPIN OFF COMPRISES OF 38 CONTINENTAL U.S. ASSETS, PUERTO RICO PORTFOLIO INTO SEPARATE PUBLICLY-TRADED REIT TO BE NAMED RETAIL VALUE TRUST.DDR CORP - RETAIL VALUE TRUST TO BE CAPITALIZED WITH COMMITTED MORTGAGE FINANCING OF $1.35 BILLION EXPECTED TO FUND IN EARLY 2018.DDR CORP - PROCEEDS FROM MORTGAGE FINANCING ARE EXPECTED TO BE USED TO REPAY DEBT AT DDR.DDR CORP - NEW DDR'S DIVIDEND WILL BE ADJUSTED TO REFLECT SMALLER SIZE OF COMPANY.DDR - EXPECT 3 OF CO'S DIRECTORS TO LEAVE CO & JOIN RVT'S BOARD ON DEAL COMPLETION.DDR CORP - TRANSACTION DOES NOT REQUIRE SHAREHOLDER APPROVAL.DDR CORP - RVT'S BOARD EXPECTED TO HAVE MAJORITY OF INDEPENDENT MEMBERS.  Full Article

DDR Q3 loss $0.02 per diluted share​
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - DDR Corp ::DDR reports third quarter 2017 operating results.DDR Corp - ‍ q3 net loss attributable to common shareholders was $7.4 million, or $0.02 per diluted share​.DDR Corp qtrly ‍ operating FFO per share $0.30.Q3 earnings per share view $-0.01 -- Thomson Reuters I/B/E/S.Q3 FFO per share view $0.27 -- Thomson Reuters I/B/E/S.DDR -withdrawing 2017 Puerto Rico same store net operating income guidance on uncertainties around timing of business interruption insurance payments​.DDR - revised expected annual growth in same store net operating income range to down 0.5 pct to up 0.5 pct for continental U.S. portfolio​.  Full Article

BRIEF-DDR Announces Reverse Stock Split,Declares Common Stock Dividend For Q2 2018

* DDR ANNOUNCES REVERSE STOCK SPLIT AND DECLARES COMMON STOCK DIVIDEND FOR SECOND QUARTER 2018