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DDR Corp (DDR.N)

DDR.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Waymo starting trials to ferry shoppers to Walmart stores in Phoenix, Arizona
Thursday, 26 Jul 2018 

July 25 (Reuters) - :ALPHABET INC'S WAYMO SAYS EXPANDING PARTNERSHIPS IN METRO PHOENIX.WAYMO SAYS LAUNCHING TWO PILOTS WITH WALMART AND DDR CORP; EXPANDING ITS EXISTING PARTNERSHIPS WITH AUTONATION AND AVIS BUDGET GROUP.  Full Article

DDR Q2 Operating FFO Per Share $0.49
Wednesday, 25 Jul 2018 

July 25 (Reuters) - DDR Corp ::DDR REPORTS SECOND QUARTER 2018 OPERATING RESULTS.Q2 OPERATING FFO PER SHARE $0.49.SEES Q3 2018 FFO PER SHARE AT LEAST $0.30.Q2 FFO PER SHARE VIEW $0.47 -- THOMSON REUTERS I/B/E/S.Q3 FFO PER SHARE VIEW $0.31 -- THOMSON REUTERS I/B/E/S.  Full Article

DDR Announces Reverse Stock Split,Declares Common Stock Dividend For Q2 2018
Tuesday, 8 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
Tuesday, 24 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
Thursday, 14 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

Waymo self-driving cars to ferry Walmart shoppers in Arizona trial

July 25 Alphabet Inc's Waymo is starting trials to ferry shoppers to Walmart Inc's stores in Phoenix, Arizona, the company said on Wednesday.