UPDATE: Simon Property Posts 58% Rise In Q2 Profit, Lifts Full-Year Outlook

Simon Property Group (NYSE: SPG ) reported a 58% rise in its second-quarter earnings and lifted its forecast for the year. Simon Property now projects earnings of $3.98 to $4.08 per share and FFO of $8.60 to $8.70 per share. The trust had earlier projected earnings of $3.70 to