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Alexandria Real Estate Equities Inc. (NYSE:ARE) reported that its Q2 Funds From Operations, or FFO,attributable to common stockholders increased to $69.96 million from $65.92 million in the previous year’s Q2. FFO per share for the quarter was about $1.13, which is the same as last year. Shares of Alexandria Real Estate Equities Inc. are trading 0.49% lower today.
Investing Insights: Wall Street Brief: Yahoo’s BIG Turnaround Underway, News Corp MISSES.
Toyota Motor Corporation (NYSE:TM): In July, China’s demand for automobiles slowed from the previous two months due to the slowing economy and weak consumer confidence, according to Reuters. Industry-wide sales, including passenger cars and commercial vehicles, rose 8.2 percent to 1.38 million from last year, according to the China Association of Automobile Manufacturers. This can be compared with gains of 9.9 percent and 16 percent in June and May, respectively. Shares of Toyota Motor Corporation are trading 0.65% higher today.
GMAC LLC (NYSE:GOM) has launched a Web portal, HomeownerConnect.org, which allows struggling borrowers to apply for loan modifications as well as other foreclosure alternatives online. The site is a joint effort with Hope LoanPort, which is a Web-based portal started in 2010 by the HOPE NOW Alliance of loan servicers to streamline a collection of loan modification applications. Both Homeowner Connect and Hope LoanPort are powered by IndiSoft’s RxOffice, which is a Web-based tool able to streamline home retention applications from at-risk borrowers. Shares of GMAC LLC are trading 0.04% lower today.
Apple Inc. (NASDAQ:AAPL): Quickly, the mobile space has become a two-horse race between Google (GOOG, Fortune 500) and Apple, and one of these giants greatly widened its lead during the last quarter. Google’s Android rose to to a huge 68 percent share of the global smartphone market last quarter, four times the 17 percent market share Apple (AAPL, Fortune 500) help, states a Wednesday report from research firm IDC. Shares of Apple Inc. are trading 0.48% higher today.
Facebook, Inc. (NASDAQ:FB) faces pressure in Australia to take down a page insulting Aborigines, and the government is accusing the social networking company of using its U.S. base for the avoidance of Australian anti-discrimination laws. Shares of Facebook, Inc. are trading 1.06% higher today.
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