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Taubman Centers Inc (TCO.N)

TCO.N on New York Stock Exchange

61.94USD
17 Jan 2018
Change (% chg)

$0.89 (+1.46%)
Prev Close
$61.05
Open
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Day's High
$62.29
Day's Low
$61.21
Volume
130,044
Avg. Vol
256,482
52-wk High
$73.14
52-wk Low
$44.80

Latest Key Developments (Source: Significant Developments)

Taubman Centers reports Q3 FFO per share $0.77​
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Taubman Centers Inc :Taubman Centers Inc issues third quarter results.Taubman Centers Inc - ‍company is updating its 2017 eps and ffo guidance​.Taubman Centers Inc - ‍2017 FFO is now expected to be in range of $3.49 to $3.59 per diluted common share​.Taubman Centers Inc - ‍company is reaffirming its previous 2017 adjusted FFO guidance​.Taubman Centers Inc - qtrly ‍funds from operations (ffo) per diluted common share $0.77​.FY2017 FFO per share view $3.72 -- Thomson Reuters I/B/E/S.Q3 FFO per share view $0.89 -- Thomson Reuters I/B/E/S.Taubman Centers Inc - qtrly ‍adjusted funds from operations (adjusted ffo) per diluted common share $0.83​.Taubman Centers Inc - ‍for quarter, comparable center noi was down 1.3 percent​.  Full Article

Taubman announces reopening date for The Mall of San Juan
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Taubman Centers Inc ::Says Mall of San Juan will reopen on October 19; center had been closed since Sept 19 due to impact of Hurricane Maria​.  Full Article

Taubman comments on ISS and Glass Lewis reports
Tuesday, 23 May 2017 

May 23 (Reuters) - Taubman Centers Inc ::Taubman comments on ISS and Glass Lewis reports.Believe ISS, Glass Lewis "have erred" by not recommending shareholders vote for all of Taubman's director nominees.Says Taubman shareholders are urged to use white proxy card to vote "for" all three of company's director nominees.Says "believes simultaneously removing chairman and CEO as well as lead director would be damaging to function of board".  Full Article

Taubman Centers qtrly adjusted FFO per share $0.79
Thursday, 28 Jul 2016 

Taubman Centers Inc : Qtrly earnings per share average rent per square foot for quarter was $62.61, up 5.4 percent from $59.41 in comparable period last year . Qtrly earnings per share leased space in comparable centers was 96.2 percent on June 30, 2016, down 0.8 percent from june 30, 2015 . Qtrly earnings per share 2016 ffo is now expected to be in range of $3.75 to $3.90 per diluted common share . Taubman centers inc says 2016 adjusted ffo is now expected to be in range of $3.50 to $3.65 per diluted common share . Q2 FFO per share view $0.98 -- Thomson Reuters I/B/E/S . Q3 FFO per share view $0.91 -- Thomson Reuters I/B/E/S . Taubman Centers, Inc. Issues second quarter results . Qtrly adjusted FFO per share $0.79 . Qtrly earnings per share ending occupancy in comparable centers was 93.8 percent on June 30, 2016, up 0.8 percent from June 30, 2015 . Qtrly earnings per share 2016 eps is now expected to be in range of $1.73 to $1.93 per diluted common share .Fy2016 FFO per share view $3.80 -- Thomson Reuters I/B/E/S.  Full Article

Taubman Centers, Inc Increases FY 2016 FFO guidance
Monday, 2 May 2016 

Taubman Centers, Inc:Increasing its guidance range for FY 2016 FFO per diluted common share to $3.75 to $3.95, up from the previous range of $3.45 to $3.65.After adjusting for the one-time $21 million payment, the company's guidance range for FY 2016 Adjusted FFO per diluted share is $3.50 to $3.70.Increasing its guidance range for FY 2016 EPS to $1.85 to $2.10, up from a range of $1.55 to $1.80.  Full Article

MEDIA LINK-Mall landlord Taubman sues Saks Fifth Avenue over Puerto Rico store -WSJ

Nov 4 https://www.wsj.com/articles/mall-landlord-taubman-sues-saks-fifth-avenue-over-puerto-rico-store-1509741207