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Benzinga 08/22/2019 13:32
SAN JUAN, Puerto Rico. ,. Aug. 22, 2019. /PRNewswire/ -- A joint venture formed by Taconic Capital Advisors LP and Monarch Alternative Capital LP has announced the formation of the Puerto Rico Industrial Solutions and Management ("PRISM") platform in connection with its acquisition of a 2,200,000 square foot portfolio of industrial and logistics warehouse properties in the. San Juan, Puerto Rico. metropolitan area.
Benzinga 08/22/2019 12:51
MIAMI BEACH, Fla. ,. Aug. 22, 2019. /PRNewswire/ -- "The real estate market in the U.S. has been experiencing a slowdown nationally; however, the demand for the luxury market in. Miami. has increased considerably," says broker for Miami Luxury Real Estate LLC,. Maria Kuzina. . Miami Luxury RE LLC is a boutique real estate. Miami Beach. brokerage specializing in High Net Worth Individuals (HNWIs), primarily foreign nationals from. Russia. , the U.K.,. Brazil. , Canada and other international buyers, but now sees more interest in luxury condos and homes in. Miami. from. New York. and. California. buyers. Based on the recent data obtained from the Miami Association of Realtors, the revenue generated from the sale of houses and condos in. Miami. has increased sign.
Benzinga 08/22/2019 12:45
SAN JOSE, Calif. ,. Aug. 22, 2019. /PRNewswire-PRWeb/ -- , a fintech company providing technology-enabled solutions for the efficient back- and middle-office administration of complex financial transactions, announced today that it has contracted to provide its 40th Opportunity Zone client with a purpose-built . "NES Financial's purpose-built solution for opportunity zone funds allows them to demonstrate the measurable good they were designed to achieve," said. Michael Halloran. , CEO at NES Financial.
Benzinga 08/22/2019 12:42
The freight industry experienced continuously loosened credit standards over the last five years, but the rising concerns of an economic downturn are now causing lenders within the trucking industry to start tightening credit standards. In many ways, this could be a tell-tale sign of things to come, as receding volumes and falling per mile rates signify an economic storm that is due to make landfall over the freight sector. FreightWaves spoke with Robert Misheloff, president at , to understand the warning signals that can be spotted within the freight industry, and how the tightening of credit standards could possibly be the start of a domino effect. "We work with around 25 different sources that fund trucking purchases for owner-operators
Benzinga 08/22/2019 12:33
Gainers. Net Element, Inc. (NASDAQ: ) shares climbed 27% to $4.19 after the company disclosed that its subsidiary, Unified Payments, is entering the $13 billion property management industry through its partnership with VIP Systems. The Cato Corporation (NYSE: ) rose 18.2% to $16.34 after the company reported Q2 EPS results up from last year and better-than-expected sales results. Cemtrex, Inc. (NASDAQ: ) gained 18.1% to $2.15 after the company reported the complete sale of its EMS subsidiary. Pier 1 Imports, Inc. (NYSE: ) gained 17% to $4.55. Citi Trends, Inc. (NASDAQ: ) shares jumped 15% to $17.23 following Q2 results. Tuesday Morning Corporation (NASDAQ: ) gained 14.9% to $1.5850 after the company reported better-than-expected Q4 EPS and s.
Benzinga 08/22/2019 12:20
Overstock.com, Inc. (NASDAQ: ) CEO Patrick Byrne has resigned. Jonathan Johnson will take over as interim CEO and Kamelia Aryafar as a board member and executive vice president of Overstock Retail. Byrne said he came forward last month "to a small set of journalists regarding my involvement in certain government matters.". In a , Byrne wrote, "my presence may affect and complicate ...
Benzinga 08/22/2019 12:16
Midway through trading Thursday, the Dow traded up 0.18% to 26,251.10 while the NASDAQ fell 0.65% to 7967.71. The S&P also fell, dropping 0.31% to 2915.45. Leading and Lagging Sectors. Financial shares rose 0.5% on Thursday. Meanwhile, top gainers in the sector included Federal National Mortgage Association (OTC: ), up 8%, and Sirius International Insurance Group, Ltd. (NASDAQ: ), up 16%. In trading on Thursday, materials shares fell 0.7%. Top Headline. Hormel Foods Corporation (NYSE: ) reported better-than-expected third-quarter EPS and sales results. The company also reaffirmed 2020 EPS and sales guidance above analyst estimates. Hormel Foods reported third-quarter earnings of 37 cents per share, which beat the analyst consensus estimate of.
Benzinga 08/22/2019 12:09
The political chaos in Rome is ongoing, as its two-party coalition has come to an end. About 14 months ago the Lega Nord (Northern League) and the anti-establishment Five Star Movement (M5S) formed a coalition to govern with Giuseppe Conte leading as independent prime minister. Conte resigned Aug. 20 after attacking coalition partner Matteo Salvini, the leader of the League party, who had tabled a no-confidence motion against Conte. Before departing, Conte said Salvini has been "irresponsible" and created a new political crisis for for "personal and party interests,”. What's Next. Sergio Mattarella, Italy’s 12th president, will now hold consultations in Parliament to gauge whether a working majority exists, obviating the need for fresh electi.
Benzinga 08/22/2019 12:05
SEATTLE. ,. Aug. 22, 2019. /PRNewswire/ -- Zillow® Group, Inc., which is transforming how people buy, sell, rent, and finance homes, today released its first Sustainability Report detailing the company's current environmental, social impact, and governance practices and achievements. The report marks Zillow Group's first step in reporting on its sustainability initiatives across four categories: People, Communities, Platform and Footprint.
Benzinga 08/22/2019 12:01
Lowe's Companies Inc (NYSE: ) had a comeback quarter that left analysts optimistic about the rest of the year as the home improvement chain tries to catch up to rival Home Depot Inc . (NYSE: ). Lowe’s by 14 cents and won praise for strong comparable sales figures and better gross margins, and for strong execution under new CEO Marvin Harrison – who once worked for and helped drive improvements at Home Depot. The Analysts. Morgan Stanley’s maintained an Overweight rating on Lowe’s with a $123 price target. Wells Fargo’s reiterated an Outperform rating and raised the target price from $110 to $125. KeyBanc’s reiterated an Overweight rating on Lowe's and raised the target price from $120 to $125. Wedbush analyst remained Neutral on the stock, b.
Benzinga 08/22/2019 12:00
PARMA HEIGHTS, Ohio. ,. Aug. 22, 2019. /PRNewswire-PRWeb/ -- Realeflow, the leading SaaS company serving residential real estate professionals and investors, announces the creation of the Sellability Index, which will provide the real estate industry with an easier, faster, more cost effective tool for predicting which houses have the highest propensity to sell within the next 90 days.

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