Tag Archives: PSA

QUICK BLURBS [AAL, AMZN, GOOG, OAK, PSA]

(2,596 words) [AMZN] Per this PYMNTs article, Amazon Pay, which represents yet another instance of Amazon broadening and then tightening its grip on the e-commerce ecosystem, seems to be gaining rapid adoption.  Amazon Pay – like PayPal, Masterpass, and Visa Checkout – is a button placed on an e-retailer’s checkout page that enables quick and secure […]
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QUICK BLURBS [ARII, CF, H, HD, JCP, MCO, PSA, SAM]

(2,423 words) [JCP: 2/24] Fell short of sales and gross profit goals, but some budding signs of improvement.  4q comps -0.7% (but the 2Y stack +3.4%) with positive lsd comps in during December and January.  Good results from toys (offered toys this holiday season for the first time in years) and appliances (500 showrooms with […]
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QUICK BLURBS [BX, CBG, EXR, PSA, SLG]

(1,072 words) 10/27/2016: PSA (Earnings Call) Revenue growth decelerated from 6% in the year-ago quarter to 5.1% this q w/ all Top 20 markets posting positive y/y growth except Houston.  However, 80% of the co.’s revenue base experience y/y deceleration, even supply constrained markets like LA and SF, indicating that slowing growth is not all […]
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QUICK BLURBS [CUBE, EXR, JLL, LSI, PSA, WD]

(2,369 words) 8/3/2016: WD (Earnings Call) In May 2016, the FHFA increased the combined MF lending cap of Fannie/Freddie from $62bn to $70bn, suggesting that FHFA expects multi-family lending in 2017 to surpass 2016 and wants the GSEs involved and supportive.  MF is now the largest commercial real estate mortgage debt asset class (> $1tn […]
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