Principal buys New Jersey mall

Principal Real Estate Investors, the fifth-largest manager of real estate in the United States, said it purchased a prominent shopping center in Central New Jersey, betting on continued growth in retail spending in one of …

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Things a bit harder for Microsoft

Dear Mr. Berko:

I own Microsoft Corp.at a split-adjusted price of $57, and it seems stuck in concrete in the mid- to high $20s. With consistently increasing revenues and earnings, why hasn’t this stock moved …

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