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03/16/2017 The New CityOn.Zhengzhou Shopping Center Opened to Capacity Crowds Today in Henan Province
Download Photo Developers Taubman Asia and Wangfujing Group bring a modern, exceptional new shopping, dining and entertainment destination to Zhengzhou, China Zhengzhou, China, March 16, 2017 – The new CityOn.Zhengzhou Shopping Center in Zhengzhou, Henan Province, opened today after a ceremonial ribbon cutting featuring Taubman Centers, Inc. (NYSE: TCO) Chairman, President and Chief Executive Officer Robert Taubman, Wangfujing Group Co., Ltd. senior executives, special guests from the community and a large, enthusiastic crowd. Taubman Asia and Wangfujing jointly developed the shopping center to cater to the local community. Anchored by a four-level Wangfujing Department Store, the 94,000 square meter / approximately one million square foot center opened today 100 percent leased and 93 percent occupied. By the end of April 2017, it is expected to be 100 percent occupied with nearly 200 of today’s most in-demand retailers, restaurants and entertainment venues. “We are thrilled to...
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08/14/2017 International Market Place Unveils Statue Honoring Legendary Hawaiian Musician and Entertainer Don Ho
Lifelike sculpture of beloved Waikīkī entertainer recognizes his longtime residency at the iconic island destination During his prolific career in the 1960s, Don Ho was the must-see musician at International Market Place in Waikīkī, drawing record-number audiences of both Hawai‘i residents and international visitors. To commemorate Ho’s tremendous contributions to Hawaiian music and history, the reimagined International Market Place, set to celebrate its one-year anniversary on August 25, unveiled a one-of-a-kind bronze statue of the performer on Sunday, Aug. 13. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170814005650/en/ During his prolific career in the 1960s, Don Ho was the must-see musician at International Market Place in Waikīkī, drawing record-number audiences of both Hawai‘i residents and international visitors. To commemorate Ho’s tremendous contributions to Hawaiian music and history, the reimagined...
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07/27/2017 Taubman Centers, Inc. Issues Second Quarter Results
Net Income and Earnings Per Common Share Lower Due to a Substantial Lump Sum Termination Payment Received in the Second Quarter Last Year Comparable Center Net Operating Income (NOI), Including Lease Cancellation Income, Up 6.5 Percent; Up 2.8 Percent Excluding Lease Cancellation Income Adjusted Funds from Operations Per Share Up 16.5 Percent Fourth Consecutive Quarter of Positive Sales Growth 2017 Guidance Revised Taubman Centers, Inc. (NYSE: TCO) today reported financial results for the second quarter of 2017.   June 30, 2017   June 30, 2016   June 30, 2017   June 30, 2016 Three Months Three Months Six Months Six Months     Ended (1)   Ended (2)   Ended (1)   Ended (2) Net income attributable to common shareowners, diluted (in thousands) $13,505 $34,779 $30,720 $59,460 Growth rate   (61.2)%       (48.3)%     Net income attributable to common shareowners (EPS) per diluted common share $0.22 $0.57 $0.50 $0.98...
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07/26/2017 Taubman Provides Update on Board Refreshment and Declassification Commitments
Taubman Centers, Inc. (NYSE: TCO) (the “Company”) today provided updates on its previously announced commitments to accelerate board refreshment and transition to annual elections for directors: Taubman is advancing with its plans to refresh the Board and intends to announce at least two new independent directors prior to the 2018 Annual Meeting and an additional third new independent director by the 2019 Annual Meeting if not before, along with a like number of director retirements. These changes will be in addition to the two new independent directors, Myron (“Mike”) E. Ullman and Cia Buckley Marakovits, who joined Taubman’s nine member board last year. Taubman is moving expeditiously and is working with a leading, nationally recognized independent director search firm. Taubman’s board refreshment goals take into account input from Taubman’s shareholders and its self-assessment and evaluation process and include bringing additive skillsets to the Board, increasing board diversity...
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TCO 52.42
Change+0.20(+0.38%) Volume: 319,008 August 21, 2017