Simon Property Group Inc., the largest public real estate group in the U.S., reported a more than 30 percent falloff in third-quarter profits Monday.
For the quarter ended Sept. 30, the Indianapolis-based real estate investment trust posted a 30.1 percent drop in profits to $124.1 million, or 50 cents a diluted share, from $179.2 million, or 74 cents a share, a year ago. The company said the decline in profits in the most recent quarter was partly due to the sale of assets in the U.S. and Poland for a net gain of $82.2 million in the third quarter of 2007. Without the transactions, year-ago EPS would have been 45 cents.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)