What happened Shares of several real estate stocks and mortgage REITs struggled today as mortgage rates soared. Real estate brokerage actions red fin (NASDAQ: RDFN) was trading nearly 7% lower at 11:50 a.m. ET today. Meanwhile, mortgage REIT stocks AGNC Investment (NASDAQ: AGNC) and Annaly Capital Management (NYSE: NLY) tradedRead More →

Capital one announced that it has provided a comprehensive financing package to Foulger-Pratt, a Maryland-based real estate investment and development firm, for the construction of Paxton, a 148-unit affordable housing community being built in the neighborhood of Kingman Park in Washington, DC, NE. The deal was led by Ed Delany,Read More →

Several initiatives undertaken by governments of various countries to support start-up companies are driving the growth of the venture capital investment market. SHERIDAN, WY, USA, September 28, 2022 /EINPresswire.com/ — The latest report published by IMARC Group, titled “Venture Capital Investment Market: Global Industry Trends, Share, Size, Growth, Opportunity andRead More →

LONDON–(BUSINESS WIRE)– FORM 8.3 DISCLOSURE OF OPEN POSITION TO THE PUBLIC / DISCLOSURE OF OPERATIONS BY A PERSON HOLDING AN INTEREST IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of the discloser: Sand Grove Capital Management LLPRead More →

NicolasMcComber Texas Capital Bancshares’ (NASDAQ: TCBI) the recent divestiture of its BankDirect Capital Finance stake marks continued progress in its strategic shift toward building a core commercial lending base in Texas. Strategically, it’s hard to argue against this decision – it creates a better capitalized and more liquid balance sheet,Read More →

Sculptor Capital Management, Inc. (NYSE:SCU – Get Rating) major shareholder Sculptor Capital Management, I sold 64,344 shares of the company in a trade that took place on Wednesday, September 21. The shares were sold at an average price of $3.77, for a total value of $242,576.88. Following the transaction, theRead More →

LONDON–(BUSINESS WIRE)– FORM 8.3 DISCLOSURE OF OPEN POSITION TO THE PUBLIC / DISCLOSURE OF OPERATIONS BY A PERSON HOLDING AN INTEREST IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of the discloser: Kite Lake Capital Management (UK)Read More →

Fennec Pharmaceuticals Inc. (TSE: FRX – Get a rating) – Capital One Financial investment analysts lowered their fiscal 2022 earnings per share estimates for shares of Fennec Pharmaceuticals in a research report published Tuesday, September 20. Capital One Financial analyst N. Quibria now expects the biopharmaceutical company to earn ($0.93)Read More →

Reporting on its Chattanooga Climbs five-year economic goals, the Chattanooga Area Chamber of Commerce said its five-year goal of $1 billion in capital investment was met and exceeded in three years. At the Chattanooga Chamber Annual Meeting, presented by sponsor Chattanooga Gas, Jim Haley, Past Chairman of the ChattanoogaRead More →

ROCKVILLE, Md., Sept. 20, 2022 (GLOBE NEWSWIRE) — Capital Bank, NA, is pleased to announce that Community Lending Branch Manager Lola Pol has earned one of the banking industry’s highest honors : the ABA Foundation’s 2022 George Bailey Distinguished Service Award. Named after the community banker hero of “It’s aRead More →

Apple Hospitality REIT, Inc. (NYSE: APLE – Get a rating) – Capital One Financial investment analysts released their fiscal 2024 earnings per share (EPS) estimates for shares of Apple Hospitality REIT in a note to investors on Thursday, September 15. Capital One Financial analyst N. Malkin expects the real estateRead More →

Host Hotels & Resorts, Inc. (NASDAQ: HST – Get a rating) – Equity researchers at Capital One Financial raised their estimates for third-quarter 2022 earnings per share for shares of Host Hotels & Resorts in a research report released Thursday, September 15. Capital One Financial analyst N. Malkin now expectsRead More →

NAPLES, Florida., September 15, 2022 /CNW/ – Pentwater Capital Management LP (“Penteau”), a major shareholder of Turquoise Hill Resources Ltd. (“Turquoise Hill“), announced that the funds and accounts over which Pentwater and its affiliates exercise control and direction (collectively, the “Pentwater Fund“) today acquired 2,500,000 common shares (“Ordinary actions“) ofRead More →

This investment will bring the car company’s valuation to $6.8 million. LOS ANGELES, Calif./ACCESSWIRE/September 10, 2022/ US holding company IMC Capital Investment is pleased to announce its new share acquisition agreement with APMG Exotics. “The capitalization of APMG was a strategic decision taken by the board of directors of IMC.Read More →

Equities are more volatile than ever as macroeconomic headwinds build. Recent data showing slowing economic activity in China has raised major concerns about a global economic slowdown, as China is the manufacturing hub of the world. Major US benchmarks are currently down more than 13% year-to-date. As the Fed preparesRead More →

The European Investment Bank (EIB) and First Capital Bank (FCB) have signed a €12.5 million (approximately MK13 billion) loan facility to support sustainable agriculture for socio-economic development and poverty reduction in Malawi. The facility, which was provided under the Kulima program, aims to enable the Government of Malawi and theRead More →

One of Stonemont Village’s fabulous kitchen layouts! Residents enjoy spacious living room layouts. JACKSONVILLE, FLORIDA, USA, Sept. 8, 2022 /EINPresswire.com/ — ResProp Management has been selected by Navarino Capital Management to manage Stonemont Village, a garden-style apartment complex located in one of the premier rental markets in the country, theRead More →

Local banking executive and long-time Charlotte business leaderTim Beck serve as a market leader BIRMINGHAM, Alabama., September 7, 2022 /PRNewswire/ — Oakworth Capital Bank (Oakworth) is entering the Central Carolina market with a new office in the Charlotte area. Oakworth offers unique banking, wealth management and advisory services through aRead More →

Electric vehicle (EV) charging company Trojan Energy has secured a £9m capital investment from the Scottish Government’s Scottish National Investment Bank. The deal uses a convertible loan (CN) facility – described by the bank as “a form of debt financing, where investors offer a company a repayable, interest-bearing loan thatRead More →

LONDON–(BUSINESS WIRE)– FORM 8.3 DISCLOSURE OF OPEN POSITION TO THE PUBLIC / DISCLOSURE OF OPERATIONS BY A PERSON HOLDING AN INTEREST IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of the discloser: Westchester Capital Management, LLC/ WestchesterRead More →