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Stock impact report

Shopping center owner Kimco is trying to help its smaller tenants pay rent, stay in business [MSN Money]

Kimco Realty Corporation (KIM) 
Last kimco realty corporation earnings: 1/30 07:30 am Check Earnings Report
US:NYSE Investor Relations: investors.kimcorealty.com
Company Research Source: MSN Money
"We were nervous about time. We are not on to wait for the governmt. We figured we had to act quickly," Kimco CEO Conor Flynn said.© Provided by CNBCA major shopping cter owner in the U.S. has tak matters into its own hands to try to help small busins owners get accs to funds from the federal governmt and from stat that can help them pay rt.Load ErrorCurrtly, the TAP pilot is in California and Florida. Kimco said it plans to roll out the program to other stat over the next few days.The launchfollows a frzied rushThe governmt's $50 billion loan programsmall busins"We were nervous about time. We are not on to wait for the governmt. We figured we had to act quickly," Kimco CEO Conor Flynn told CNBC in an interview."We recognized early on, that the big national retailers ... they need to pay their rts," Flynn explained, mtioning nam like Target, Home Depot and Costco. "They have the balance sheets and the cash positions to weather this storm.""The small mom-and-pops are the on in the trch Show less Read more
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