One billionaire investor plans to take this long-term focused real estate company and make it the next big conglomerate.

S&P 500, Dow, and Nasdaq aren’t trading but futures were up. Hang Seng, Nikkei, FTSE 100 and DAX were also rising.

Fourth-quarter earnings from 3M, Netflix, United Airlines, Johnson & Johnson, Procter & Gamble, Texas Instruments, American ...