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DDR Corp (DDR.N)

DDR.N on New York Stock Exchange

12.39USD
25 Apr 2017
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Latest Key Developments (Source: Significant Developments)

DDR reports Q1 operating FFO per share $0.30
4:05pm 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

DDR sees 2017 operating FFO/share $1.12 to $1.16
Monday, 13 Feb 2017 04:01pm EST 

DDR Corp : DDR provides 2017 guidance . DDR Corp - Sees 2017 operating FFO/share $1.12 to $1.16 . DDR Corp - Sees 2017 nareit FFO/share $1.10 to $1.14 . DDR Corp sees 2017 same store NOI growth 1.0% to 2.0% . FY2017 FFO per share view $1.16 -- Thomson Reuters I/B/E/S .DDR Corp - No major capital raises expected for 2017.  Full Article

DDR Corp director Otto buys 84,000 shares of co's common stock on Dec 22-23
Tuesday, 27 Dec 2016 01:32pm EST 

: DDR Corp director Alexander Otto reports open market purchase of 84,000 shares of co's common stock on Dec 22 & Dec 23 - SEC filing .DDR Corp director Alexander Otto held 42,687,920 shares of co's common stock at end of the transaction.  Full Article

DDR posts Q3 loss per share $0.18
Wednesday, 26 Oct 2016 05:00pm EDT 

DDR Corp : DDR reports third quarter 2016 operating results . Q3 loss per share $0.18 . Ddr corp - revising its 2016 operating FFO and Nareit defined FFO guidance estimate to a range of $1.26 to $1.28 per diluted share . DDR Corp - also revising its full year disposition guidance estimate to a range of $700 million to $900 million . FY2016 FFO per share view $1.26 -- Thomson Reuters I/B/E/S .DDR - revising FY 2016 disposition guidance estimate to range of $700 million to $900 million at DDR's pro rata share from $600 million to $800 million at DDR's share.  Full Article

DDR Q2 earnings per share $0.10
Tuesday, 26 Jul 2016 05:00pm EDT 

DDR Corp : DDR reports second quarter 2016 operating results . Q2 earnings per share $0.10 . Q2 operating FFO per share $0.33 . Revising its 2016 operating FFO and Nareit defined FFO guidance estimate to a range of $1.23 to $1.26 per diluted share . Full year disposition guidance of between $600 and $800 million at Ddr's pro rata share remains unchanged .Ddr Corp qtrly same store net operating income growth of 3.1% on a pro rata basis.  Full Article

DDR Corp appoints Thomas August CEO
Monday, 11 Jul 2016 07:45am EDT 

DDR Corp : Thomas August named CEO of DDR . Says Christa Vesy appointed interim CFO .Appointment of August follows termination of David Oakes as president & chief executive officer and as interim chief financial officer.  Full Article

DDR Corp announces Luke J. Petherbridge to step down as chief financial officer
Thursday, 28 Apr 2016 05:05pm EDT 

DDR Corp:Says Chief Financial Officer and Treasurer Luke J. Petherbridge will step down from his role effective May 6, 2016.  Full Article

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BRIEF-DDR revises schedule for Q1 2017 earnings conference call

* DDR announces revised schedule for its first quarter 2017 earnings conference call