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Dividend.com: EOG Gushes Profits

Stock quotes in this article: MAC , CHD , EOG , PFG  

Macerich Facing Tough Mall Environment

Macerich(MAC Quote), a mall operator, reported late Monday that its FFO (funds from operations) for the third quarter rose to $102.1 million, or $1.16 per share, from $111 million, or $1.15 per share, a year earlier.

The company said it did see occupancy during the quarter fall to 92.8%, down from 93.5% a year earlier. The average sales per square foot at its malls also rose to $463 from $460. ...

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