Fourth quarter funds from operations rose for Brookfield Properties Corp. (Nasdaq: BPO) to 49 cents per share from 47 cents per share last year to beat expectations. The real estate investment firm forecast 2009 results ahead of estimates lifting the stock price 90 cents to close at $6.06.
Brookfield's Funds From Operations Rise
February 05, 2009 at 17:08 PM EST
