Edition:
United States

DDR Corp (DDR.N)

DDR.N on New York Stock Exchange

9.49USD
25 Sep 2017
Change (% chg)

$0.20 (+2.15%)
Prev Close
$9.29
Open
$9.20
Day's High
$9.53
Day's Low
$9.16
Volume
976,549
Avg. Vol
1,255,593
52-wk High
$17.96
52-wk Low
$8.12

Latest Key Developments (Source: Significant Developments)

DDR Corp says ‍assessing damage to its 12 assets from Hurricane Maria​
Friday, 22 Sep 2017 07:59am EDT 

Sept 22 (Reuters) - DDR Corp :DDR provides initial update on impact from Hurricane Maria.DDR Corp - ‍assessing damage to its 12 assets from Hurricane Maria​.  Full Article

DDR reports minimal damage in Puerto Rico from Hurricane Irma
Thursday, 7 Sep 2017 09:55am EDT 

Sept 7 (Reuters) - Ddr Corp ::Reports minimal damage in Puerto Rico from Hurricane Irma.Says ‍company's shopping centers in Puerto Rico have sustained only minor damage as a result of Hurricane Irma​.Says beyond power outages at properties, scope of damage limited to tree,debris removal,minor roof leaks, appears to be no major structural damage ​.  Full Article

DDR Corp - ‍pricing of $350 million of senior unsecured notes in an underwritten public offering​
Monday, 7 Aug 2017 05:37pm EDT 

Aug 7 (Reuters) - Ddr Corp :DDR prices $350 million offering of 3.900 percent senior unsecured notes.DDR Corp - notes are being offered to investors at a price of 99.703 percent with a yield to maturity of 3.949 percent.  Full Article

DDR qtrly earnings per share $0.06
Wednesday, 26 Jul 2017 07:45am EDT 

July 26 (Reuters) - DDR Corp :DDR reports second quarter 2017 operating results.Qtrly earnings per share $0.06.DDR Corp says operating funds from operations attributable to common shareholders was $108.8 million, or $0.30 per diluted share for Q2.DDR Corp sees 2017 expected interest income of $26 million to $29 million.Q2 earnings per share view $0.00 -- Thomson Reuters I/B/E/S.Q2 FFO per share view $0.28 -- Thomson Reuters I/B/E/S.Expected annual growth in same store net operating income range for co's total portfolio is loss of 1.5% to growth of 0.0%.DDR Corp qtrly FFO per share $0.25.DDR Corp - expected annual growth in same store net operating income range in U.S. portfolio loss of 1.0% to growth of 0.5%.  Full Article

DDR, on June 6, co elected to redeem all of outstanding $300 mln aggregate principal amount of 4.75 pct notes due 2018
Tuesday, 6 Jun 2017 06:59am EDT 

June 6 (Reuters) - DDR Corp ::DDR - on june 6, co elected to redeem all of outstanding $300 million aggregate principal amount of 4.75% notes due 2018 - sec filing.DDR Corp - notes will be redeemed on July 8, 2017 at a 'make-whole' redemption price calculated in accordance with terms of indenture.  Full Article

DDR prices $450 million offering of 4.700% senior unsecured notes
Tuesday, 23 May 2017 04:05pm EDT 

May 23 (Reuters) - DDR Corp :Ddr prices $450 million offering of 4.700% senior unsecured notes.Ddr corp - offering consists of $450 million of 4.700% notes due 2027.Ddr corp - notes are being offered to investors at a price of 99.817% with a yield to maturity of 4.723%.Ddr corp - interest on notes will be paid semi-annually on june 1 and december 1, beginning december 1, 2017.  Full Article

DDR reports Q1 operating FFO per share $0.30
Tuesday, 25 Apr 2017 04:05pm EDT 

April 25 (Reuters) - DDR Corp : :DDR reports first quarter 2017 operating results.Q1 operating FFO per share $0.30.DDR Corp says is withdrawing its previous guidance for net income applicable to common shareholders, funds from operations and operating ffo.DDR Corp sees 2017 expected leased rate at year end of 93.0 pct to 93.5 pct, reduced from a 25 to 50 basis point increase previously expected.DDR Corp sees 2017 expected fee income of $30 million to $33 million.DDR - management expects to record additional $5 million charge in Q2 2017 reflecting remaining separation costs associated with restructuring announced on April 3.Q1 FFO per share view $0.29 -- Thomson Reuters I/B/E/S.  Full Article

DDR streamlines organization
Monday, 3 Apr 2017 05:50pm EDT 

DDR Corp : DDR streamlines organization . DDR Corp - changes will result in elimination of 65 existing positions . DDR Corp- changes are expected to generate a stabilized annual reduction to recurring general and administrative expenses of approximately $6 million . DDR Corp - expects that vast majority of its employees will remain based in Beachwood, Ohio headquarters locatio .DDR Corp - G&A expenses exclude one-time charge to earnings of about $7.2 million associated with transition.  Full Article

DDR names David Lukes president and chief executive officer
Friday, 3 Mar 2017 08:00am EST 

DDR Corp : David Lukes named DDR's president and chief executive officer . David Lukes has been named president and chief executive officer of company to replace Tom August, who has stepped down . Matthew Ostrower will serve as executive vice president, chief financial officer of co .Lukes has also been named to DDR board of directors.  Full Article

DDR reports qtrly earnings per share $0.08
Monday, 13 Feb 2017 04:01pm EST 

DDR Corp : DDR reports fourth quarter and year end 2016 operating results . Qtrly earnings per share $0.08 . Qtrly revenues $232.2 million versus $246.5 million . Says Q4 operating ffo $0.30 per diluted share . Qtrly operating FFO per share $0.30 . Generated same store net operating income growth, excluding Puerto Rico, of 2.5% on a pro rata basis in Q4 . Q4 earnings per share view $0.04, revenue view $240.6 million -- Thomson Reuters I/B/E/S .Q4 FFO per share view $0.31 -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-DDR reports minimal damage in southeast from Hurricane Irma

* DDR reports minimal damage in southeast from Hurricane Irma