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After reviewing 1-800 Flowers' FLWS third-quarter results, our fair value estimate remains intact. Total revenue increased 19% to $214 million, boosted by the Fannie May acquisition and strong performances in the core floral business and food and gift basket segments. We continued to see weakness ...
We are keeping our fair value estimate unchanged after reviewing HRPT Properties Trust's HRP first-quarter results. Occupancy levels remain stable--down only slightly from 93.4% to 92.8% quarter over quarter--and rental growth remains positive; rents on new/renewal leases have averaged 1%-9% higher ...