Kimco Realty reports 1Q results NEW HYDE PARK, N.Y. _ Kimco Realty Corp. on Wednesday reported a key measure of profitability in its first quarter. The average estimate of 12 analysts surveyed by Zacks Investment Research was for funds from operations of 35 cents per share. Kimco Realty expects full-year funds from operations in the range of $1.42 to $1.45 per share.
Source: The Associated Press
EXCLUSIVE-Boeing poised to clinch $3 bln-plus Kuwait F/A-18 order WASHINGTON, May 6- Kuwait is expected to announce in coming weeks an order for 28 Boeing Co F/A-18E/F Super Hornets, a $3 billion- plus deal that will keep the jets' St. Louis production line running well into 2019, according to people familiar with the deal. The expected deal would make Kuwait the second foreign country after Australia to order the new Boeing jets.
| By: Andrea Shalal
TREASURIES-Prices pressured by bond markets sell off, Apple debt deal NEW YORK, May 6- U.S. Treasuries fell on Wednesday, weighed down by a global slide in government bond markets that is pushing yields to 2015 peaks and competing corporate bond sales by Apple Inc and others. Germany's 10- year yield hit a 2015 high just under 0.6 percent.
| By: Michael Connor
China drone maker DJI wins backing from Silicon Valley investor WASHINGTON, May 6- Chinese drone maker SZ DJI Technology Co Ltd has secured one of its largest investments yet from a Silicon Valley venture capital firm that was an early backer of Internet pioneers such as Facebook Inc, Etsy Inc and Dropbox. The Shenzhen- based company, a global leader in selling commercial and recreational drones, said on Wednesday that Palo...
| By: David Morgan
PREVIEW-China April data may show economy steadying but more stimulus still expected *April data likely to show signs of stabilising in economy. *Trade data due May 8; inflation data due May 9. BEIJING, May 6- A deluge of China data over the coming week is likely to show some signs of steadying in the world's second-largest economy, but economists still expect Beijing to roll out more stimulus measures to support growth.