Today: 4 July 2026
Browse Category

NYSE:SPG 25 January 2026 - 30 June 2026

JCPenney store closings push spotlight onto mall landlords

JCPenney store closings push spotlight onto mall landlords

JCPenney is shutting or set to shut at least six stores this year, according to Fast Company, which cited local news, customer reviews and the chain’s website. Stores are closing in California, Florida, Illinois, Tennessee, Virginia and Pennsylvania. It’s a small list, but could matter more for mall owners. JCPenney is shutting down its Ross Park Mall location near Pittsburgh after 40 years, with the store set to close Sept. 20. The U.S. Sun said Tuesday that closing sales have kicked off, offering 20% off everything, and some items getting marked down as much as 40%. WTAE reported, citing JCPenney, that the company couldn’t keep its lease or find another spot in the area.
30 June 2026
····
Simon Property Group CEO David Simon Dies at 64; Eli Simon Takes Over

Simon Property Group CEO David Simon Dies at 64; Eli Simon Takes Over

Simon Property Group on Monday announced the death of David Simon—chairman, CEO, and president—at age 64. His son, Eli Simon, moves into the CEO and president roles immediately. The board chose Larry Glasscock as non-executive chairman. There’s a shift underway at a major name in the retail landlord space. Simon, a retail REIT, holds stakes in more than 250 properties, totaling over 200 million square feet in North America, Europe, and Asia. The company is publicly listed and focuses on income-producing real estate.
23 March 2026
·
Why U.S. real estate stocks could swing Monday: XLRE, VNQ and the Fed week ahead

Why U.S. real estate stocks could swing Monday: XLRE, VNQ and the Fed week ahead

New York, Jan 25, 2026, 13:45 EST — The market has closed. U.S. real estate shares finished Friday slightly higher, with REIT investors now waiting on a new signal from interest rates as Monday approaches. The Real Estate Select Sector SPDR Fund ticked up 0.3% to $41.25, and the Vanguard Real Estate ETF inched up 0.2%, landing at $90.54.
25 January 2026
·········

Stock Market Today

  • Arm Holdings (ARM) slips 6.6% in thin trade, still valued at 67x sales as AI chip bets hold
    July 4, 2026, 2:49 PM EDT. Arm Holdings (NASDAQ:ARM) dropped 6.6% to $315.28 ahead of the Nasdaq holiday, with volume just 69% of its 65-day average. The stock slid sharply inside a $48.75 range but still trades at about 67 times its fiscal 2026 revenue of $4.92 billion. Investors are betting big on data center and AI chip demand. Most analysts rate ARM a buy, with an average price target of $279.83, which is below where the stock closed. CEO Rene Haas said more than $2 billion in customer demand is lined up for Arm AI data center CPUs, while CFO Jason Child said he's sticking to the company's revenue outlook and plans for supply chain expansion.
Go toTop