Tencent, JD to Invest $863 Million in Online Retailer Vipshop

Tencent, JD to Invest $863 Million in Online Retailer Vipshop

Tencent, JD to Invest $863 Million in Online Retailer Vipshop. Bloomberg News. December 17, 2017, 5:56 PM PST. Tencent Holdings Ltd. and JD.com Inc. agreed to invest $863 million in online retailer Vipshop Holdings Ltd., setting up an alliance between China's largest social media company and two
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News Live: Govt to seek Parliament nod for PSU bank recap today, says sources

New home prices in China extended another month of steady growth in November, after picking up slightly in October, shrugging off a range of … Authorities have been particularly focused on curbing lending for speculation in the housing market in a broad effort to defuse financial risks from a rapid
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Dozens Dead, Many Missing After Storm Batters Philippines

Villagers wade through a flooded street in Borongan, Philippines on Dec. 16. Photographer: Alren Beronio/AFP via Getty Images. Dozens of people were killed and many more were missing after tropical storm Kai-Tak triggered floods and landslides in the Philippines. At least 23 people died in the
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Indicators and Coming Up for Dec. 18

WEDNESDAY. National Association of Realtors releases existing-home sales for November. THURSDAY. Labor Department releases weekly jobless claims. Commerce Department releases third-quarter gross domestic product. Mortgage company Freddie Mac releases weekly mortgage rates. FRIDAY.
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Fees fading for international banking

Another financial institution to make changes to its international banking is ING, who in November 2017 scrapped all international ATM, credit and debit card charges for active Orange Advantage Account customers, and confirmed they will only apply the wholesale exchange rate when converting
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Heritage Bank gets CBN Sustainable Banking Award

According to him, Heritage Bank has continued to compliment the efforts of the CBN by making funds available to both individuals and corporate organisations in their efforts to increase agricultural output. He explained that the bank had taken the front seat in financing critical agricultural projects in
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Tencent. Retail. Makes Sense

Yonghui operates a chain of supermarkets, Vipshop is an online discount sales company. In the latter deal, Tencent is being joined by JD.com Inc. Tencent will invest $604 million and take its stake to 7 percent; JD.com is dishing out $259 million and ends up with 5.5 percent. They're paying a premium
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Corker Wants Answer About Real-Estate Provision in Tax Bill

Sen. Bob Corker, R-Tenn., wrote a letter to Sen. Orrin Hatch, R-Utah, chairman of the Senate Finance Committee, asking how a certain real estate provision ended up in the final tax-reform bill before Congress, The Hill reported Sunday. The provision could benefit real estate moguls, including Corker,
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Commercial Mortgages: GOP tax plan could impact real estate investors

For instance, both the House and Senate tax bill preserve the deductibility of interest on investment properties and leave depreciation largely intact, although the Senate version has a confusing taxpayer option that allows owners to increase the term of depreciation on their property or reduce their
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ShelterZoom – Real Estate Offer and Acceptance App | NewsWatch Review

So, there's a good chance you've heard the word “blockchain” being tossed around. Especially as the system allowing for the transaction of Bitcoins. But it's application is more far-reaching. ShelterZoom is a real estate offer and acceptance app based on blockchain technology. In other words
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Lloyds Banking Group (LON:LLOY) Given “Buy” Rating at Shore Capital

Lloyds Banking Group logo Lloyds Banking Group (LON:LLOY)'s stock had its “buy” rating reaffirmed by research analysts at Shore Capital in a research note issued to investors on Tuesday, November 28th. A number of other research analysts also recently weighed in on LLOY. Goldman Sachs Group
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Hong Kong's New York Blues

Hong Kong's move to allow dual-class shares should attract a wave of listings by Chinese technology companies. It won't be enough for the city to challenge New York as the global hub for new-economy fundraising. Despite a year of hot flotations that included firms backed by Tencent Holdings Ltd. and
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Banks borrow N671bn from CBN in five days

Fhe Deposit Money Banks in the country borrowed the sum of N671.47bn from the Central Bank of Nigeria in the past five working days, data from the CBN have revealed. The CBN Standing Lending Facility window data revealed that commercial banks borrowed the sum between December 11 and 15,
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Tax Bill a Boon to Commercial Real Estate Owners

The final Republican tax bill coming up for a vote this week promises to hit some high-income New York area taxpayers hard. But commercial real estate owners have reason to cheer. The bill, which includes deep tax cuts for corporations, reduces the tax rate and provides a steep deduction for some
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Anworth Mortgage Asset (NYSE:ANH) Getting Somewhat Favorable News Coverage, Analysis Finds

Anworth Mortgage Asset logo Media coverage about Anworth Mortgage Asset (NYSE:ANH) has trended somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks
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Parallel banking universes

Two announcements last week in the Ulster County banking community brought the latest local developments in the fierce struggle between America's national banks and its community banks. Rondout Savings Bank announced a new CEO and president, Cheryl Bowers, the first woman to hold the
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Bank mortgage man nabbed

A FORMER Seaford loans manager has been charged with deceiving the National Australia Bank of more than $813,000. The Lysterfield man will face Melbourne Magistrates' Court for a committal mention in February over the alleged deceptions in which he is said to have “skimmed” a small
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AGNC Investment (NASDAQ:AGNC) Upgraded to Hold by BidaskClub

AGNC Investment logo AGNC Investment (NASDAQ:AGNC) was upgraded by research analysts at BidaskClub from a “sell” rating to a “hold” rating in a note issued to investors on Wednesday, December 6th. Other research analysts have also issued research reports about the company. Maxim Group
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Barclays' commitment to investment banking paying off in UK

Barclays' unpopular bet on investment banking seems to be paying off in the UK as the bank closes in on the top spot in the UK's annual investment banking league tables for the first time since 2012. Jes Staley, the former JPMorgan banker who took over Barclays with a turnround mandate in 2015, has
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England and Wales house prices rise for first time since March

England and Wales saw the first monthly increase in house prices since March, while annual growth continues to weaken. The latest England & Wales HPI for Your Move shows average house price in England and Wales is £300,859, an increase of 0.3% since the previous month. In November, average
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M&T's next CEO could come from within

M&T's next CEO could come from within

The death of M&T Bank chairman and CEO Robert G. Wilmers on Saturday leaves a leadership gap at a bank that was already coping with the loss of a prominent executive earlier this year. In February, M&T president and chief operating officer Mark J. Czarnecki died after a battle with cancer. Rather
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China's home prices remain stable in November

BEIJING, Dec. 18 (Xinhua) — China's property market remained largely stable in November with home prices edging down in major cities amid tough purchase restrictions and tight liquidity environment, the National Bureau of Statistics (NBS) said Monday. On a monthly basis, new residential housing
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Philanthropist was chair and CEO of M&T Bank

Wilmers has been the chairman and CEO of Buffalo, N.Y.-based M&T Bank since May 1983. In that time, Wilmers turned what was a $2 billion banking operation into a $120 billion regional financial powerhouse. Under his tenure, M&T completed 24 acquisitions, expanded from 51 branches in one state
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News Live: Bitcoin hits bigger stage as exchange giant CME launches futures

China's housing market has been in a boom lasting more than two years, giving the economy a major boost but stirring fears of a property bubble, with … New home prices rose 5.1% year-on-year in November, down from October's 5.4% increase as the pace of growth slowed in the face of government
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'In Pakistan, banking sector most vulnerable to cyber attacks'

Today, everything on the internet is hackable. In this context, the most vulnerable sector in Pakistan, where data security against fraud attempts is as fragile as a cobweb, is banking, a moot on cyber security was told. Pakistan, which stands 67th on the Global Cyber Security Index 2017, faced its latest
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UPDATE 1-Steady China home price growth in November as smaller city gains rise

Authorities have been particularly focused on curbing lending for speculation in the housing market in a broad effort to defuse financial risks from a rapid build-up in debt. Average new home prices in China's 70 major cities rose 0.3 percent in November from the previous month, in line with October's
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Macron Appeals to French Exceptionalism as 40th Birthday Looms

President Emmanuel Macron sought to appeal to the French idea of their country as exceptional and iconoclastic in his second major television interview since taking office, saying that their decision to elect him distinguishes them in a turbulent world. “The role that France has today is a role that French
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Local bank deposits hit record P11.3 trillion — PDIC

The total deposit liabilities of the domestic banking system further rose to a fresh record-high P11.307 trillion at the end of the first nine months, the latest Philippine Deposit Insurance Corp. (PDIC) data showed. The end-September deposits across commercial, thrift and rural banks jumped 15.3 percent
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End of an era: M&T's Robert Wilmers, force in community, dies at 83

Robert G. Wilmers, the longtime chairman and chief executive officer who drove M&T Bank Corp.'s growth from a small local bank into one of the nation's biggest financial institutions, died unexpectedly late Saturday night. Wilmers, 83, died at his home in New York City, said M&T spokesman C. Michael
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AGF Investments Inc. Boosts Stake in Philip Morris International Inc. (NYSE:PM)

AGF Investments Inc. grew its stake in shares of Philip Morris International Inc. (NYSE:PM) by 1.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,700,132 shares of the company's stock after purchasing an additional
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Big Brother is watch-lending you

Deputy Prime Minister Prawit Wongsuwon has been spotted wearing another luxury watch, adding to questions over the government's “big brother” asset scandal. A photo of Gen Prawit wearing another expensive watch was shared online after the Facebook page CSI LA posted the image on its page.
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Can Singapore fill up its empty homes?

According to its Property Market Outlook for next year, the property supply will increase following the revival of the collective sales market in 2017, which has seen around 20 residential projects sold to developers amounting to over $6b. This is the highest figure in a decade and is expected to rise further
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Trez Capital Mortgage Investment Co. (TZZ) Director Zachary R. George Acquires 4200 Shares

Trez Capital Mortgage Investment logo Trez Capital Mortgage Investment Co. (TSE:TZZ) Director Zachary R. George purchased 4,200 shares of the company's stock in a transaction dated Thursday, December 7th. The stock was purchased at an average price of C$4.01 per share, for a total transaction
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Southeast Asia Is Riding a Global Trade Boom

The Philippines and Vietnam will remain the star performers in 2018, with economic growth projected to exceed 6 percent again, according to the median forecasts of economists surveyed by Bloomberg. Most of the region's top six economies are set to sustain 2017 momentum, with growth in Indonesia
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GOP tax bill: How the new tax plan will affect you

How will the tax bill affect homeowners or home buyers? The mortgage interest deduction will stay in place for all homeowners with existing mortgages. If you're about to buy a home, the home mortgage interest deduction will be available for mortgages up to $750,000.
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Steady China Home Price Growth in November as Smaller City Gains Rise

BEIJING (Reuters) – New home prices in China extended another month of steady growth in November, after picking up slightly in October, … China's housing market has been in a boom lasting more than two years, giving the economy a major boost but stirring fears of a property bubble, with the
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FRDI is not the answer to banking woes

There have been apprehensions that the clause as specified in the Bill is against the depositors' interest as in the event of a bank failure, the deposits kept with the banks will be used to “bail in” banks (as opposed to a “bail-out”) to absorb the losses incurred and will not be available to the depositors.
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ANZ in $1.5b share buyback, sells 20pc stake in Shanghai Rural Commercial Bank

ANZ Banking Group will launch a $1.5 billion share buyback after selling its life insurance unit, its wealth business and a 20 per cent stake in Shanghai Rural Commercial Bank. The sale of the bank stake, first announced in January, was completed on Monday. ANZ Bank shares rose in a day of subdued
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Billionaire Pinera Regains Presidency in Chile on Growth Pledge

Sebastian Pinera celebrate his victory with family and supporters in Santiago on Dec. 17. Photographer: Claudio Reyes/AFP via Getty Images. Billionaire Sebastian Pinera swept to victory in the second round of Chile's presidential election, putting him back in charge of Latin America's wealthiest country
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The Mysterious Chinese Company Worrying the World

He was holding it on behalf of the company and its leadership, Bloomberg News reported. HNA reorganized its ownership structure in early 2017 and Guan distributed most of his holdings to five individuals, who then donated the shares to HNA's Cihang foundation. Guan donated his remaining stake,
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Woman struggling to make mortgage payment

Woman struggling to make mortgage payment

While she is working in a retail job again two days a week, she expects to become unemployed again at the end of the year. She is seeking assistance with her December mortgage payment. She is among hundreds of local residents asking for help this season through the Empty Stocking Fund. • • •.
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Swiss Banking Giant Warns Against Buying Bitcoins That Are 'Not Money'

Since the beginning of 2017, the price of Bitcoin has skyrocketed, from $997 on January 1 to nearly $20,000 by mid-December. “In my opinion, bitcoins are not money,” Axel Weber, chairman of Swiss financial giant UBS, said in an interview to Swiss news agency NZZ am Sonntag on Sunday. The official
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Kuwait International Bank wins 'Best Sharia-compliant Bank MENA' award

KUWAIT: In recognition of its commitment to offering outstanding Islamic banking solutions and its exceptional growth over the recent years, Kuwait International Bank (KIB) was awarded “Best Sharia-Compliant Bank MENA 2017” and “Fastest Growing Islamic Bank MENA 2017” by Capital Finance
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Investment banks split on shifting assets ahead of Brexit

The world's biggest investment banks are split on whether they have to move hundreds of billions of clients' assets ahead of Brexit, with some planning to begin “novating” assets to EU entities while other want to leave existing trades where they are even after the UK leaves the EU. “Novation” — the
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Australia's ANZ reveals $1.2 billion buy-back, hints more to come

The move comes as Australia's four biggest lenders focus on pure banking, and sell off non-core assets under pressure from regulatory capital requirements to slim down. TS Lim, a banking analyst at Bell Potter Securities, said ANZ should be in a position to release another A$2 billion to A$2.5 billion in
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Trump, Real Estate Investors Get Last-Minute Perk in Tax Bill

The change, which would allow real estate businesses to take advantage of a new tax break that's planned for partnerships, limited liability companies and other so-called “pass-through” businesses, combined elements of House and Senate legislation in a new way. Its beneficiaries are clear, tax experts
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With -7.4% Earnings Drop Lately, Did MCAN Mortgage Corporation (TSE:MKP) Underperform Its …

When MCAN Mortgage Corporation (TSX:MKP) announced its most recent earnings (30 September 2017), I compared it against two factor: its historical earnings track record, and the performance of its industry peers on average. Being able to interpret how well MCAN Mortgage has done so far requires
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US-based Liberian Journalist, Getahn Ward, Dies at 45

He said he was on top of the city's real estate trends, particularly in the urban core amid Nashville's ongoing boom. “He was looking for the facts and the story underneath the transaction,” Bloom said of Ward's hard-nosed approach. “And like all good reporters, he was wanting to find out about the
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M&T Bank's Robert Wilmers passes away at 83

Robert Wilmers, the longtime chairman and chief executive of Buffalo-based M&T Bank Corp. and one of the region's most influential business and civic leaders, has died. The New York City-born Wilmers, who built a financial industry giant on the premise of conservative community-style banking,
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China property price growth slows to 21-month low

Growth in the cost of new housing in China decelerated for a twelfth straight month in November, according to official figures, marking the slowest rise since early 2016. The average cost of new housing in 70 major cities grew 5.1 per cent in November, according to a weighted average from Reuters
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UBS sees non-banking financial companies lining up for IPOs in 2018

Mumbai: European financial services firm UBS AG expects its Indian investment banking business to become a bigger part of its global franchise due to stronger equity capital markets and merger and acquisition (M&A) activity, senior executives said at a media roundtable on Friday. Earlier this year
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Are Analysts Bullish Blackstone Mortgage Trust, Inc. (NYSE:BXMT) After Last Week?

Investors sentiment decreased to 1.19 in 2017 Q2. Its down 0.04, from 1.23 in 2017Q1. It dived, as 29 investors sold Blackstone Mortgage Trust, Inc. shares while 51 reduced holdings. 18 funds opened positions while 77 raised stakes. 55.96 million shares or 1.14% less from 56.60 million shares in
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ECB: Ireland's Central Bank must enforce tracker mortgage redress

Banks that ripped off tracker mortgage customers could be investigated by the European Central Bank for failing to control financial risks and internal misconduct. Daniele Nouy, chairwoman of the supervisory board of the ECB. The prospect of Irish banks paying out compensation to customers and fines
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Swiss banking giant boss says bitcoins 'not money', urges regulators to act

A waitress shows how to pay a coffee with bitcoins, on December 11, at a bar in Rovereto, northern Italy. AFP Photo. The chairman of Swiss banking giant UBS said in an interview published Sunday that he does not consider the soaring cryptocurrency bitcoin as money and called for regulators to
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Net foreign buying on Bursa crosses RM10bil

“Based on preliminary data from Bursa which excluded off market trades, the amount acquired by international investors was RM495.3mil net, a level not reached for the past seven months … MIDF said foreign buying peaked on Thursday at RM310.4mil net, the largest daily inflow since April 28 this year.
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Tiedemann Wealth Management LLC Acquires 5395 Shares of International Paper Company (IP)

BlackRock Inc. boosted its holdings in shares of International Paper by 4.4% during the 2nd quarter. BlackRock Inc. now owns 38,831,623 shares of the basic materials company's stock worth $2,198,257,000 after buying an additional 1,648,915 shares during the period. Iridian Asset Management LLC
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David Robinson: To WNY, Bob Wilmers was much more than a banker

As chairman and CEO of M&T Bank, Wilmers, 83, was one of the first to see the potential in the Buffalo Niagara region as a back office banking power, where the region's lower wage scale and more affordable cost of living would allow banks like M&T to grow and serve their customers, without taking on
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PRECIOUS-Gold prices edge down amid firmer dollar, equities

Dec 18 (Reuters) – Gold prices inched down early on Monday, pressured by firmer equities and a buoyant dollar after a bill to overhaul the tax system in … DATA/EVENT AHEAD (GMT) 0130 China House prices Nov 1500 U.S. NAHB housing market index Dec (Reporting by Apeksha Nair in Bengaluru;
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Rapid housing price rises could lead to instability, says World Bank

THE rapid increases in real housing prices since 2008 could be a source of future instability, according to the World Bank's latest Malaysia Economic Monitor report. The report said increases in housing prices can relax borrowing constraints and allow existing homeowners to increase consumption,
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Fixed mortgage rates drive market pickup

According to the report, the RBNZ's recent decision to loosen its loan-to-value ratios (LVRs) mortgage lending restrictions will also have a modest short-term impact. Property investors will be able to leverage up a little more, and a few more owner occupiers will be able to borrow more than 80% of a
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Real estate board hands out more than $10K to eight local charities

Real estate board hands out more than $10K to eight local charities

The charities that benefited focus largely on providing shelter-related services to those in need of them. “It is such a perfect fit … to help support these charities since the heart of our industry is helping people find homes,” said Caroline McDonald, interim board president. In the last decade, members'
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Real estate transactions: Dec. 18, 2017

$1,145,000 Macartney Lawson to Silverman Marsha; Lot 103 Bimini Bay Estates; Dec. 6. $1,130,000 Ceshker Sandra, Smith Sandra to Nissen David, Nissen Ingrid V; Longboat Shores; Dec. 5. $1,050,000 N N Pavlovic Family Associates LLC to San Marco 14 LLC; San Marco Plaza Unit 14; Dec. 4.
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Dubai real estate market an 'investment destination'

Girish M. Thakkar, property manager, Arenco Real Estate, said: “Investors are highly interested in Dubai real estate market because of the high return on investment. Dubai will always set itself apart because of its diversified offering and those looking to invest can be confident because of the well placed
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New Seacoast Board of Realtors president emphasizes ethics

Her effort to focus more on ethics in real estate goal is accented by her adoption of a #livethecode hashtag reminder to the real estate professionals who are members of the Seacoast board, which is based at Pease International Tradeport. According to Kulberg, the need to reemphasize the code comes
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Real estate briefly: Buena Vida at Town Center in RSM sells for $35 million

The buyer included several investment firms: Nuevo Perris, a joint venture among Wood Investments, a Laguna Beach-based real estate investment and development company; Joel Farkas, a real estate development company based in Colorado; and SandTree Holdings, an El Segundo-based private
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Vietnam Follows Beijing With South China Sea Upgrades of Its Own

As China continues to transform disputed territory in the South China Sea into features capable of sustaining air and naval bases, Vietnam is also upgrading areas it occupies. Images taken by DigitalGlobe satellites in September show new facilities including a possible dry dock on West London Reef in
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Voting Postponed for New Leader of South Africa's Ruling ANC

South Africa's ruling African National Congress plans to begin voting on Monday for a new leader to replace President Jacob Zuma in a tight race between his former wife and his deputy. The vote at the party's national conference in Johannesburg follows a bitter dispute over a decision to exclude almost
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Prefabricated Housing Market Professional Survey, Industry Growth, Shares, Opportunities and …

Prefabricated Housing Market development trends and marketing channels are analysed. Finally, the feasibility of new investment projects is assessed, and overall research conclusions are offered. In a word, the report provides major statistics on the state of the industry and is a valuable source of
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Military advocates want details on agencies' efforts to stop predatory lenders

The organizations have asked for complaints the agencies have filed in federal court or through administrative proceedings alleging violations of the Military Lending Act. That law, among other things, limits the interest rate to 36 percent on certain loans to service members and their families. The law
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ValuEngine Lowers SodaStream International (NASDAQ:SODA) to Hold

ValuEngine downgraded shares of SodaStream International (NASDAQ:SODA) from a buy rating to a hold rating in a research note published on Friday, December 1st. SODA has been the subject of several other reports. Zacks Investment Research raised SodaStream International from a hold rating to
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Gov't to launch measures to control housing market

The government is planning to launch mortgage- and tax-related measures designed to control the price of Macau housing and promote the healthy development of the real estate market, the Government Information Bureau said in a statement. According to the note, Chief Executive (CE) Chui Sai On
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Japan's Export Recovery Stretches to 12th Month in November

Japan's exports grew for a 12th straight month in November, as external demand fueled the nation's longest stretch of economic growth since the 1990s. A yearlong recovery in exports has kicked Japan into higher gear, fueling record profits and rising capital spending during the longest economic
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Brexit Makes UK `Less Certain' Partner, SLA's Grimstone Says

“There's a lot of waiting and seeing,'' Sir Gerry Grimstone said in a Bloomberg TV interview with Tom Mackenzie on Friday. “I'm confident it will turn out alright in the end, but the transition time — when the thing is still settling down — as you can imagine, this is causing uncertainty not just between China
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Notable deaths in the Washington area

finance company Freddie Mac in 1998 as a principal economist, died Oct. 6 at his home in Fredericksburg, Tex. The cause was coronary artery
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RBS to close 20 NatWest bank branches across Wales

Twenty NatWest bank branches are to close in Wales. The Royal Bank of Scotland (RBS) announced it would shut the branches in May and June next year. The bank said the closures were due to changes in the way people use its services, with customers choosing to bank online or on mobiles instead.
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AGNC Investment Corp. (NASDAQ:AGNC) Holdings Raised by Thompson Siegel & Walmsley LLC

AGNC Investment logo Thompson Siegel & Walmsley LLC increased its position in AGNC Investment Corp. (NASDAQ:AGNC) by 4.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,310,629 shares of the real estate investment
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Is Homeownership Bad for Wealth Accumulation?

House prices have risen significantly from their low point after the Great Recession. Homeowners' equity (HOE)—the market value of U.S. households' residential real estate minus the value of home-secured debt—has increased even more in percentage terms; this is because leverage in the form of
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TY students are banking on success

The AIB 'Build a Bank' challenge, which is now in its 16th year, is an exciting and fun way for Transition Year students to set up and run their own school bank. The competition is of huge benefit to the students involved as it introduces them to the world of business and banking. It teaches them new skills
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Economists Seem to Back Off Economic-Growth Claim for Tax Cuts

A group of conservative economists appear to be backing off their claim, embraced this week by Treasury Secretary Steven Mnuchin, that Congress's proposed corporate tax cut would lead to 3 percent economic growth within a decade. The nine conservative economists, in a letter Thursday to two
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These 9 facts show how confidence improved in Calgary's housing market in November

Home sales surged in Calgary last month, likely a result of new mortgage rules that come into effect in the new year, says the Calgary Real Estate Board (CREB). A total of 1,411 homes changed hands in November, up 15 per cent from a year ago and comparable to long-term averages for the month,
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San Antonio mom warns others after losing $25000 in wire fraud scheme

San Antonio mom warns others after losing $25000 in wire fraud scheme

Some title companies have insurance for this type of fraud. When we inquired with Presidio Title Company founder, Don Walker, he said he hadn't yet filed the claim and didn't know whether this type of fraud would be covered. Walker could not say with certainty whether Presidio Title uses encryption to
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Blackstone pushes into lending space, snaps up Latrobe stake

New York-based Blackstone has agreed to acquire an 80 per cent stake in non-bank lender La Trobe Financial. Street Talk understands the transaction received approval from the Foreign Investment Review Board late last week. An announcement is expected as early as Monday. Under the terms of the
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New York Mortgage Trust, Inc. (NASDAQ:NYMT) to Issue Quarterly Dividend of $0.20

New York Mortgage Trust, Inc is a real estate investment trust (REIT). The Company is engaged in the business of acquiring, investing in, financing and managing primarily mortgage-related assets and financial assets. The Company's investment portfolio includes residential mortgage loans, including
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Power Outage at Atlanta Airport Forces Hundreds of Cancellations

A major power failure at Atlanta's airport — one of the world's busiest — forced Delta Air Lines Inc. and other carriers to cancel hundreds of flights and led to the diversions of many others. The electricity went out sometime after 1 p.m. local time, prompting the Federal Aviation Administration to issue a stop
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Australia's housing market finished 2017 on a weak note

Clearance rates across Australia's capital cities edged higher last week, assisted in part by fewer properties being taken to auction ahead of the Christmas break. According to CoreLogic, a preliminary combined capital city clearance rate of 64.2% was achieved last week, up marginally on the 63.1%
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What's Up, WhatsApp? Google's Beating Plastic

The first click in online shopping is shifting away from search engines like Alphabet Inc.'s Google to e-commerce behemoth Amazon.com Inc. But Google isn't bowing out. Even with more product searches beginning within the Amazon app, Pichai can always help provide the last mile in commerce
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More Americans are carrying mortgages into retirement

According to the U.S. Consumer Financial Protection Bureau, in the decade between 2001 and 2011, the percentage of Americans 65 and older who hold a mortgage increased from 22 to 30 percent. And the rate jumped to more than 21 percent for homeowners 75 and older, up from just 8.4 percent in
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Top Mining Stock Becomes 2017's Worst Loser on China Steel Shift

Profits are forecast to fall more than a third to $1.3 billion in the 12 months to June 30 and continue to decline in the following year, according to the average of 19 analysts' forecasts compiled by Bloomberg. Ratings agencies also insist the producer must continue to slash its debt, cut to $2.6 billion in
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Death of CSX CEO Harrison Renews Debate on Health Disclosures

The death of CSX Corp. Chief Executive Officer E. Hunter Harrison just two days after the railroad announced his medical leave resurrects questions about just how much companies should disclose about the health of their leaders. Harrison, 73, died Saturday of “unexpectedly severe complications from
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South Africa's Rand Reaches 3-Month High as ANC Prepares to Vote

South Africa's rand headed for a three-month high against the dollar as delegates at the ruling African National Congress' conference prepared to elect a new leader. The currency gained 1.4 percent to 12.9227 per dollar by 10:07 p.m. in Johannesburg, the strongest level on a closing basis since Sept.
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Mogul Behind K-Pop Boy Band BTS Considers IPO

By comparison, analysts estimate about $300 million in revenue for market leader SM Entertainment Co., home to boy band EXO, and $90 million for JYP Entertainment Corp., with girl group Twice, this year, according to data compiled by Bloomberg. Read more: K-pop chasing a 'Michael Jackson
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Humana Is Said to Be in Talks to Buy Kindred, WSJ Reports

Humana Inc. is in “advanced talks” with two private-equity firms to acquire Kindred Healthcare Inc. in a deal that would value the medical operator at $4 billion including debt, the Wall Street Journal reported. Humana, TPG, and Welsh, Carson, Anderson & Stowe LP would run Kindred's home and
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Kurz Set to Become Austrian Chancellor, Backed by Nationalists

Sebastian Kurz will become Austria's 14th postwar chancellor on Monday amid protests over his new government to be led by the conservative and nationalists. The formal inauguration by Austrian President Alexander Van der Bellen is set for 11 a.m. in Vienna after Kurz's conservative People's Party
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Let China's Workers Roam Free

Over the past few weeks, people here in Beijing have been riveted by the so-called migrant “clean-out” — the government's attempt to evict tens of thousands of migrant workers from their homes in the poorer parts of the city. What's not being discussed, however, is how the crackdown could threaten one
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Sir Gerry Grimstone on SLA Fund Management

… interests in China's opening financial sector. Sir Gerry Grimstone, Chairman of Standard Life Aberdeen and a leading figure in the Chancellor's delegation, told Bloomberg in an exclusive interview how Western asset management with China will drive growth for the next 10 years. (Source: Bloomberg).
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Billionaire Pinera Sweeps to Victory in Chile Run-Off Election

Chile's former president Sebastian Pinera, presidential candidate for the National Renewal party, speaks during a final campaign event in Santiago, Chile, on Thursday, Dec. 14, 2017. Photographer: Cristobal Olivares/Bloomberg. Billionaire Sebastian Pinera swept to victory in the second round of
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China Should Open Financial Sector More, UK's McGuinness Says

China needs to further liberalize its financial sector as a “huge interest” in domestic market assets is expected to grow, said Catherine McGuinness, the policy chairman of the City of London Corporation. Chinese and British officials talked about potential partnerships on President Xi Jinping's flagship
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Asia Stocks Set to Open Higher on US Tax Plans: Markets Wrap

Asia-Pacific stocks are set to kick off the penultimate week of the year on a positive note after U.S. indexes closed at record highs on Friday in wake of a Republican agreement on the shape of American tax cuts that are aimed to boost economic growth. Futures contracts in Japan and Hong Kong
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This School Is Teaching Thousands of People to Love Chocolate

In a country long renowned for its cocoa beans, it's a little ironic that until recently, Indonesia's inhabitants haven't had much of a taste for chocolate. The average Indonesian eats just 300 grams (0.7 pounds) of chocolate annually, a sliver of the nine pounds or so put away by the average American,
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PEs, NBFCs move to take more control of real estate projects

Bengaluru: As defaults rise and balance sheets of real estate firms weaken, private equity (PE) firms and non-banking financial companies (NBFC) are taking more control in projects, tightening underwriting norms and taking stock of the overall financial health of the developer in transactions.
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Riverpoint Capital Management Boosted Fortune Brands Home & Sec In (FBHS) Stake By …

Riverpoint Capital Management Boosted Fortune Brands Home & Sec In (FBHS) Stake By …

Riverpoint Capital Management Llc increased Fortune Brands Home & Sec In (FBHS) stake by 2.08% reported in 2017Q2 SEC filing. Riverpoint Capital Management Llc acquired 9,015 shares as Fortune Brands Home & Sec In (FBHS)'s stock rose 10.95%. The Riverpoint Capital Management Llc holds
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Johnson Financial Group Trimmed Skyworks Solutions (SWKS) Stake; Fortune Brands Home …

Fortune Brands Home & Security, Inc. provides home and security products for use in residential home repair, remodeling, new construction, and security applications. The company has market cap of $10.21 billion. It operates in four divisions: Cabinets, Plumbing, Doors, and Security. It has a 23.23 P/E
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Bitcoin: North Korea Targets Cryptocurrency Executives

A version of this post originally appeared in the Cyber Saturday edition of Data Sheet, Fortune's daily tech newsletter. It had to happen sooner or later: The two biggest tech stories of 2017—foreign cyber attacks and bitcoin—have come together perfectly in a single story. Namely, it looks like the infamous
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How Kettlebell Kitchen is taking its young boss from the call centre to a £20m fast food fortune

How Kettlebell Kitchen is taking its young boss from the call centre to a £20m fast food fortune. Carley Jones has hit on a winning formula with her gym-themed fast food brand – taking on the might of McDonalds and KFC. Share. By. Lucy Roue. 12:32, 17 DEC 2017. Business
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The Englishman whose home really IS a castle: Property tycoon bought 13th century mansion with …

A property tycoon bought his own castle with 20 bedrooms and a moat for £1.8million at the tender age of 23. Millionaire Robin MacDonald, 35, was in his early 20s when he snapped up Caverswall Castle in Staffordshire, during 2006. The 13th century pile comes complete with a dungeon and towers
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Star Wars: The Last Jedi Blasts Its Way to $220 Million Opening Weekend

“Star Wars: The Last Jedi,'' the latest installment of the epic sci-fi adventure series now owned by Walt Disney Co., met the high expectations set by movie fans and analysts with an opening weekend of $220 million in the U.S. and the Canada. The results, based on estimates released Sunday by
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2017 sees profit accelerate for NZ's vehicle finance lenders

New Zealand's non-bank lenders have again experienced strong growth in 2017 financial year, boosted by the industry's vehicle finance companies. Results from KPMG's annual “Non-Bank Financial Institutions Performance Survey” (FIPS), released on December 15, 2017, show NZ finance companies
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Why Cambodia Real Estate is Asia's Best Value Play

Cambodia, a small nation of just under 16 million people, probably isn't the first place you'd consider buying property in. In fact, thoughts of genocide and the Khmer Rouge might enter your mind first when “Cambodia” is mentioned. That's almost certainly the case if you aren't familiar with the nation or its
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Indicator Focus: Stochastic RSI Showing Bearish Signs For Fortune Mnrl J (FT.TO)

Following the numbers for Fortune Mnrl J (FT.TO), we have seen that the 14 day Stochastic RSI reading is showing a possible bearish divergence. Traders will be monitoring session action closely to see if there is indeed bearish momentum building, or the shares reach oversold status and see a
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Demand For Rental Homes is Finally Easing Across US, Study Says

A new study suggests that nearly a decade of housing shortages and rising rents in the U.S. may be reversing course. Harvard's Joint Center for Housing Studies concludes in its 2017 report that the growth of rental households has slowed, more rental homes are vacant, rents are stabilizing, and fewer
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Firefox Users Cry Foul Over 'Mr. Robot' Ad Installed As Research Program

Firefox users last week started noticing that a mysterious extension called “Looking Glass” had been added to their browsers. The extension's description included the ominous phrase “My Reality is Different Than Yours.” There was some speculation that it was a form of malware, but users quickly
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'Fortune tellers' paradise – Many said to be foreigners, making big money by selling a peek into the …

Over recent weeks, local television has been flooded with persons selling themselves as fortune tellers and offering Jamaicans a look into the future through face and palm readings, birthdates and playing cards, as well as various other means. Many of the ads show persons with Indian accents and
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Lisa Unleashed: Urban Legend Toby Vs Reality Of Trouble

Toby, a small white poodle belonging to Ella Wendel, the last heir of the $100 million family real estate fortune in New York City, was her sole survivor. She died in 1931. Rumors claimed that the dog inherited the fortune and passed it down to his heirs. When I wrote the original piece a few years ago,
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SIU Credit Union promotes Pelzer

SIU Credit Union recently promoted Tiffane Pelzer to assistant vice president of consumer lending. Pelzer has been employed with the Credit Union … “Tiffane is an asset to the Credit Union,” Stacy Callahan, vice president of lending, said in a news release. “She has a wealth of knowledge, and she has
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Small apartments sustain market

Small apartments this year continued to be the mainstream product in the local property market, as relocation and investment needs stalled, leaving first-time home buyers to underpin transactions, a market watcher said on Friday. Apartments with one or two bedrooms have so far this year accounted for
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Top 10 Brooklyn Real Estate Listings: A Colonial Revival House, a Romanesque Revival Brownstone

The most popular listings on Brownstoner this week include a Brooklyn Heights townhouse that includes two former stables, a Colonial Revival standalone in Prospect Park South and a semi-detached house in Crown Heights by Brooklyn architect Axel Hedman. There are lots of popular listings in Bed
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Hollyoaks: Teen Tom to fall prey to scheming Darcy as he inherits fortune

Ellis Hollins, who has played the much-loved character since he was four, hit the milestone in real life last month. Hollyoaks bosses took Ellis' character out to Ibiza last summer to film Tom and his mates clubbing for the Six Weeks of Summer storyline. With a seven figure trust fund about to arrive in his
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BOJ's Massive Bond Holdings Pace Seen Expanding Even More Slowly in 2018

… the Bank of Japan is expanding its massive hoard of bonds will continue to slow in 2018, according to the majority of economists surveyed by Bloomberg. … drop from the 61 trillion yen increase that was seen in the 12 months through the end of November, according to calculations by Bloomberg.
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Capricorn coast property market breaking records

A new property report by Opteon Property Group assessing the state of the market for November 2017 has revealed five CQ suburbs doing well with two suburbs on the Capricorn Coast are seeing a strong growth in house prices. “These include 3 North Rockhampton suburbs in Frenchville, Norman
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VAT to have minimal impact on rents, says Propertyfinder

Some UAE residents are still unclear about what kinds of properties will incur value-added tax (VAT), according to Propertyfinder Group. “The biggest confusion we are seeing in the market is the mixing up of a real estate transaction (rent or sale) with the service of a real estate broker, whereby for a
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China's $189 Billion Giant of Finance Reveals a Huge Bet on Tech

China's $189 Billion Giant of Finance Reveals a Huge Bet on Tech

Profit from its fintech units amounted to 1 percent of the group's total, a proportion that Bloomberg Intelligence analyst Steven Lam estimates could increase to 3 percent to 5 percent in five years. “Technology is just the icing on the cake,” said Alan Wang, head of Greater China equities at Principal Global
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GOP tax bill added a last second provision that could enrich Trump and Republican senators

John Cornyn, the second-ranking Republican in the Senate, was pushed by news-makers on Sunday to explain a last minute addition to the final tax bill that could benefit those with real estate income. The provision allows for a tax deduction on income made from “pass through” entities, like real estate
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Greening the Belt and Road: Opportunities for Egypt

China is hoping that its creation of green lending standards for the BRI, combined with its innovative financial products for banks that incentivize sustainable finance, will change this equation. China is also going beyond financing to require that infrastructure projects themselves meet eco-sustainable
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Boston's Fenway Center development is finally breaking ground

Fenway Center has been a long time in the making: after years of trying to get the development off the ground and running into trouble leasing the land from the state and securing financing, Rosenthal got the project back on track by proposing two phases; he's building the condos first and betting that
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John Cornyn doesn't have a good answer on tax bill loophole that means millions for Corker and …

Bob Corker (R-TN) — who was initially a “no” vote — switch to “yes” after a certain provision that would boost his real estate income was added to the tax bill. The GOP's tax bill, which has been in progress for weeks, would permanently slash the corporate tax rate, offer temporary cuts for individuals, and
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CT Real Estate Will Be Hit Hard By Trump's New Tax Plan: Report

The affluent county's real estate market could be hit hard by the plan, because it caps the amount that people can deduct for state and local property taxes at $10,000. According to a new report by the real estate website Trulia, Fairfield County has the nation's fourth-highest percentage of residents who
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Indiabulls, Mandarin Oriental team up for London project

The proposed Indiabulls property will be the Hong Kong-headquartered hospitality major's second property in London after Mandarin Oriental Hyde Park at … with Mandarin Oriental's legendary hospitality – to our discerning clientele,” said Vishal Damani, joint managing director, Indiabulls Real Estate.
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Erie County Real Estate Transactions

Following are real estate transactions over $5,000 as listed in records of the Erie County clerk's office for the week ending Nov. 10, 2017. ALDEN • 1847 Lafayette, Geraldine Hartman to Jonathan Nagowski; Susan Nagowski, $150,000. AMHERST • 6 White Pine Court, Daryl C. Dunston; Daryl Dunston;
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How APRA crafted a housing soft landing

Those 2014 APRA letters worked: investor lending sank sharply in the first half 2015 to about $11 billion a month, or an annual growth rate of about 5 per cent. But in February 2015, and then again in May, the Reserve Bank felt obliged to cut interest rates again, having held the cash rate at 2.5 per cent
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Real estate firms may face probe by GST anti-profiteering body

New Delhi: Real estate developers are likely to be the first to face investigations by the new anti-profiteering watchdog for allegedly denying consumers the benefit of reduced tax burden under the goods and services tax (GST) regime that kicked in from 1 July. A standing committee of officials attached to
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Home loan switch could cause economic headaches as housing screws tighten

In just the past six months the amount of interest-only (IO) loans held by the banks have dropped by around $36 billion, according the Australian Prudential … “Those individuals switching from IO to P&I do face a material 'shock' with scheduled mortgage repayments jumping — effectively overnight — by
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Future Outlook Of The Real Estate Industry And Argosy Property Limited (NZE:ARG)

Argosy Property Limited (NZSE:ARG), a NZDNZ$908.62M small-cap, operates in the real estate industry which remains the single largest sector globally, and has continued to play a key role in investor portfolios as an asset class. Real estate investment trust, or a REIT, is a collective vehicle for investing
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Top 10 Reverse Mortgage Stories of 2017

HUD to Raise Premiums, Tighten Limits on Reverse Mortgages — Far and away the most-read story in 2017, HUD's decision to lower principal limit factors and restructure mortgage insurance premiums shook the industry and created a mad dash among lenders and counselors as borrowers sought to
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In One New Jersey Town, Pending Tax Changes Create Anxiety

As Mr. Levine sees it, Livingston, a fairly affluent town with a population of about 30,000, could become even less affordable as residents face rising tax bills and falling home values. They could be left with less disposable income to spend in the local stores, setting off a “domino effect” that could derail
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How much resi real estate is threatened by California fires

As neighborhoods are evacuated and winds feed the Southern California blazes, not only are lives threatened, but about $2.8 billion worth of residential property hangs in the balance. Yesterday, high winds propelled the Thomas Fire, one of the state's biggest in history, towards Montecito and Santa
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2017's Top Real Estate Tips — Good for Next Year Too

Buying or selling a home can be more than usually stressful. For buyers there are worries about finding the right home at an affordable price and securing the financing needed to make the purchase. Sellers need to think about how to present their home in the best possible light at a price that meets their
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Oaktree Specialty Lending Corp (OCSL) Receives $5.50 Average PT from Analysts

Oaktree Specialty Lending logo Oaktree Specialty Lending Corp (NASDAQ:OCSL) has been given a consensus rating of “Hold” by the thirteen ratings firms that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, seven have assigned a
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Real Estate Report: Columbus near top of Airbnb trend list

The home-rental service anticipates that Columbus' Airbnb's bookings will rise 254 percent next year compared with this year, as the city's rising nightlife and Ohio State University football games lure more visitors. Columbus and Indianapolis were the only two U.S. cities to land in the top 10 of Airbnb's
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Is Selling Stock Like Oaktree Specialty Lending Corpo (OCSL) After Such Decline Winning Strategy?

The stock of Oaktree Specialty Lending Corpo (NASDAQ:OCSL) is a huge mover today! The stock decreased 2.32% or $0.11 during the last trading session, reaching $4.63. About 475,096 shares traded. Oaktree Specialty Lending Corpo (NASDAQ:OCSL) has 0.00% since December 17, 2016 and is .
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Were Analysts Bearish GAME Digital plc (LON:GMD) This Week?

published on November 28, 2017, Bloomberg.com published: “A UK Retailer Turns to Online Gaming as E-Sport Prize Money Eclipses Golf” on August 23, 2017. More interesting news about GAME Digital plc (LON:GMD) were released by: Ft.com and their article: “Game Digital share surge hits 50%”
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Were Analysts Bearish Carillion plc (LON:CLLN) This Week?

Were Analysts Bearish Carillion plc (LON:CLLN) This Week?

More notable recent Carillion plc (LON:CLLN) news were published by: Seekingalpha.com which released: “Carillion Plc (CIOIF) CEO Dror Harats on Q2 2017 Results – Earnings Call …” on September 29, 2017, also Bloomberg.com with their article: “One British Company Saw 70% of Its Value Vanish
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Key features of the Republicans' final tax bill

House and Senate Republicans unveiled their joint tax bill on Friday afternoon, which dramatically cuts corporate tax rates and overhauls the individual tax code. Released just days before expected votes on Tuesday and Wednesday, the bill looks on track to become law within days. Here are some of
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UN to Vote on Resolution Rejecting Trump Jerusalem Embassy Move

The one-page draft resolution reviewed by Bloomberg News “demands that all States comply with Security Council resolutions regarding the Holy City of Jerusalem, and not to recognize any actions or measures contrary to those resolutions.” The resolution is symbolic since the U.S. has a permanent
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Homeowners: Here's what's in the tax bill for you

And in San Francisco, 58% of home loans exceeded the new cap. Some experts worry the increased threshold could keep people from selling their homes, which could squeeze the already short supply of housing. “The mortgage interest deduction change will put downward pressure on prices as well
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Goldman's Abby Cohen Says Trump Rally Isn't Actually About Trump

Don't tell Donald Trump, but the stock market's record highs may have little to do with his presidency. Today's equity prices reflect a typical election pattern: the stock market pulls back ahead of an election only to rise in the months following, said Abby Joseph Cohen, Goldman Sachs & Co.'s senior
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The Van ECK Associates Corp Has $6.16 Million Stake in TPG Specialty Lending, Inc. (TSLX)

Other large investors have also added to or reduced their stakes in the company. Susquehanna International Group LLP increased its stake in shares of TPG Specialty Lending by 202.4% in the third quarter. Susquehanna International Group LLP now owns 43,554 shares of the financial services
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PETROCHINA COMPANY LTD (OTCMKTS:PCCYF) Can't Be More Risky. Short Interest Increased

More notable recent PetroChina Company Limited (OTCMKTS:PCCYF) news were published by: Bloomberg.com which released: “Aramco Can Learn From Oil's School of Hard NOCs” on December 11, 2017, also Bloomberg.com with their article: “PetroChina Leaves Worst Year Behind With Spending
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Science Applications International (SAIC) Upgraded to Hold at Zacks Investment Research

Jefferies Group reaffirmed a hold rating and set a $66.00 price objective on shares of Science Applications International in a research report on Tuesday, October 24th. BidaskClub raised shares of Science Applications International from a buy rating to a strong-buy rating in a research report on Friday,
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Can LendingClub Stock Keep Going After Last Week's 15% Pop?

Oppenheimer and Compass Point joined Morgan Stanley in offering similar upbeat takes on Lending Club's investor day presentation two weeks ago. Diana's encouraging note last week points out that he's sticking to his bullish buy recommendation. He thinks LendingClub should continue to penetrate
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Corbyn's calculated 'threat' to the banks

Taking pot shots at the banking sector has become standard practice for politicians in the post-crisis era — but no British prime minister has been prepared to declare outright war on a sector that accounts for such a large chunk of national output and tax revenue. Jeremy Corbyn feels no such inhibition.
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Citizens Holding Company Announces Cash Dividend

In addition to full service commercial banking, the Company offers mortgage loans, title insurance services through its subsidiary, Title Services, LLC and a full range of Internet banking services including online banking, bill pay and cash management services for businesses. Internet services are
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Top 5 Housing Market Trends for 2018

From inventory to price appreciation, to the new tax reform bill—the future of the housing market remains uncertain. However, as 2017 winds down, the industry can't help but predict what's to come for 2018. According to Realtor's 2018 National Housing Forecast, there are five market trends to look out
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Australian Property Prices Remain Flat in November

Property prices in Australia logged minimal change in November, according to a new report released Friday by property analytics provider CoreLogic. Capital city values saw a fall of 0.1% compared to October, while the combined regional markets of Australia saw values rise 0.2%, according to
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How Cashews Explain Globalization -2-

Especially talented ones could quickly, by sight and feel, sort kernels into specific grades that measured out to exactly the number of flawless kernels per pound that demanding international buyers required. “This is a skill that only we know,” says Khadeeja, a 39-year-old worker who goes by only one
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It's been a good year for Colorado Springs homebuilding – and there's still a month to go

… 30-year, fixed-rate loans averaged 3.9 percent nationwide, down from 3.92 percent the week before, according to mortgage buyer Freddie Mac.
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October home sales: Healthy for sellers, signs of improvement for buyers

Marion County's single-family homes sales prices remained healthy for sellers in October and, for the first time in years, home inventory saw a year-over-year increase as the demand for housing continued to grow. The increase in inventory marks the first reversal in what otherwise was a year-over-year
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Bond Traders on Edge Before Key Data as Flynn Spurs Shock Rally

“It's so stimulative for corporate America, it's so stimulative for retail consumption,” he said in a Bloomberg Television interview. The market is already shifting toward the Fed's outlook, which calls for a December rate increase and then three more next year. Traders are getting closer to pricing in three rate
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Trump Rejects Reports That Tillerson Is Being Ousted From State

President Donald Trump rejected reports that he's looking to oust Secretary of State Rex Tillerson, saying that despite some disagreements “we work well together.” “The media has been speculating that I fired Rex Tillerson or that he would be leaving soon – FAKE NEWS! He's not leaving and while we
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Gail Ferry stepping down as manager of Land Title's Vail Valley branches

DENVER — Land Title Guarantee Co. has announced Gail Ferry will step down as vice president and Eagle County manager after almost 45 years of service. Katie Kuchler will take over as of Jan. 1. Ferry began her career at Land Title in 1973 in Vail as a real estate closer and within a few years
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Quicken Loans, Fannie Mae Pilot Simplifies Income, Asset and Employment Verification

Getting a mortgage has traditionally involved filling out a ton of paperwork and gathering a mountain of documentation from various sources. With Rocket Mortgage by Quicken Loans, we've been able to take the process of gathering your documentation online. Now, as part of a new pilot with Fannie
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NZ growth may have cooled in lead-up to election, new headwinds building

NZ growth may have cooled in lead-up to election, new headwinds building

Meanwhile, a weaker housing market could lead to a wider loss of confidence among consumers. “While we actually view a cooler market as a positive thing from a medium-term growth sustainability perspective, history has taught us that a softer housing market can have broader spill-overs to
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Is Buying Perry Ellis International Incorporated (NASDAQ:PERY), Having Higher Short Interest a …

Investors sentiment decreased to 1.24 in Q2 2017. Its down 0.05, from 1.29 in 2017Q1. It dropped, as 14 investors sold Perry Ellis International, Inc. shares while 35 reduced holdings. 15 funds opened positions while 46 raised stakes. 11.09 million shares or 2.64% less from 11.39 million shares in
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Back on parade: Home showcase event returning to area

The association's member builders can apply to showcase recently built homes — whether constructed for specific clients or on a speculative basis to be offered for sale — in the event, with fees involved to participate. The lineup potentially could include recent major remodels as well. Homes around the
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Lyons Wealth Management Lifted Apple (AAPL) Stake By $7.21 Million; Fidelity National Financial …

Fidelity National Financial, Inc., together with its subsidiaries, provides title insurance, and technology and transaction services to the real estate and mortgage industries in the United States. The company has market cap of $10.80 billion. The Company's Title segment offers title insurance, escrow, and
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Real Estate and Hospitality

Kasowitz has extensive experience handling litigation, transactional and bankruptcy matters for our clients in the real estate and hospitality industries.
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Mnuchin Doubts Government Shutdown, Coy on Trump's China Speech

In Bloomberg's most recent survey of economists, only one of 86 forecasters was even close to Trump's GDP ambition of greater than 4 percent. The median forecast for growth in 2018 is 2.5 percent, the survey showed. On CBS's “Face the Nation,” Mnuchin said middle-class families will begin to see the
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Interocean Capital LLC Holding in Goldman Sachs Group (GS) Has Upped by $5.70 Million

More notable recent The Goldman Sachs Group, Inc. (NYSE:GS) news were published by: Seekingalpha.com which released: “Goldman Sachs: Playing Catch-Up” on December 13, 2017, also Bloomberg.com with their article: “Goldman Says Big Oil Is Poised for Its Best Year in Decades” published on
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Realtors call for cutting registration fees of flats

Shaon said Bangladesh has a secondary market for homes and a reduction in registration cost for transfer of used apartments would facilitate the market growth. At present, the registration fees, taxes and charges for transfer of used flats should not be similar to new apartments, one of the major
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TIB concerned about unprecedented anarchy and risk in banking sector

On the one hand, misuse of power, political influence and lobbying have led to unrestrained forgery, corruption and dominance of loan defaulters, while on the other hand, ineffective ad hoc measures by a section of the regulatory authorities leading to unprecedented anarchy and risk in the banking and
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Is Monzo the Facebook of banking?

A letter from the bank tends to arouse dread. In these mostly paperless days, it usually means you've gone overdrawn again or the interest rate on your savings account has moved even closer to zero. Best not open it now; stick it on the pile for later-slash-never. But when my new Monzo bank card
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ThaiBev Unit Registers to Bid for $4.8 Billion Sabeco Shares

Thai Beverage Pcl has emerged as the sole bidder for a majority stake in Saigon Beer Alcohol Beverage Corp. valued at $4.8 billion, as Vietnam said the only other investor is an individual seeking a smaller holding. Vietnam Beverage, ThaiBev's domestic unit, registered to bid for 343.66 million or a
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The 10 States With the Most Affordable Housing

A dwindling number of Americans are able to purchase a home as housing prices continue to increase, which is in part due to a lack of houses on the market. Rental prices have also skyrocketed, leaving many with little in the bank to contribute towards a mortgage. U.S. News determined which states
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Creig Northrop Team of Long & Foster Launches Home Listing Ads on Waze

1 real estate team in the nation by REAL Trends as published in The Wall Street Journal, will use this tool to reach potential clients near active Northrop Team home listings. The tool is powered by Homesnap, a home search platform for agents and their clients, which accesses the Northrop Team's
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World Cup 2018: Fortune favours England in draw – despite Belgian threat

For once the Hand of God was divine for England. Diego Maradona, doing the honours of selecting the teams from pot two at the World Cup draw, ushered England into a group containing the mobile danger of Belgium but also, when they were drawn, two sides in Tunisia and Panama that Gareth
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3 Uber Security Managers Resign After New CEO Criticizes Past Practices

Three senior managers in Uber's security unit resigned on Friday, an Uber spokesperson said, days after the company's new chief executive officer disclosed a massive data breach and criticized past practices. Uber's CEO, Dara Khosrowshahi, who was installed in the top job in August, disclosed the
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Appeal court upholds ruling ordering real estate agents to make home sale data public

The Federal Court of Appeal has upheld a lower court decision ordering the largest real estate group in the country to make detailed financial information about home sales more open to the public. In a ruling announced Friday, the court upheld a previous decision in favour of the Competition Bureau in
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Home sharing adds to Berlin housing squeeze

The market is tight and the city is all the rage, causing owners to rent out more flats to tourists and worsening an already severe housing shortage. … He argues that short-term letting doesn't lead to scarcity on the housing market because rentals for a few days couldn't be rented out longer term.
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House bill would rein in predatory lenders

Now Ohio public officials have a new opportunity at the state level to further reform the short-term lending industry and save Ohioans millions of dollars. Longtime Toledo Representative Michael Ashford, and Springfield-area Representative Kyle Koehler introduced House Bill 123 in the Ohio General
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Pirates hire Vizcaino as director of international scouting

One reason: Many people are buying nice used cars that recently came off of leases instead of opting for expensive new models. Barclays analyst Brian Johnson said that the industry is facing “an eroding plateau” that will settle in a “normalized” range of 15.5 million to 16 million vehicles a year.
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Big changesto mortgage interest deduction to impact Ohio homeowners

The GOP plan calls for doubling the standard deduction and lowering the cap on the mortgage interest deduction. … About 1.1 million Ohio tax filers claimed the mortgage interest deduction in tax year 2015, but that number would be sure to shrink considerably under the current tax proposal. According
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Hillsdale Investment Management Inc. Takes $809000 Position in TPG Specialty Lending Inc …

Hillsdale Investment Management Inc. Takes $809000 Position in TPG Specialty Lending Inc …

TPG Specialty Lending logo Hillsdale Investment Management Inc. bought a new stake in TPG Specialty Lending Inc (NYSE:TSLX) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 38,600 shares of the financial
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Late bounce ends auctions year

Tighter regulations on investor lending and declining interest-only lending had affected both markets, Mr Brogan said, but was more pronounced in Sydney. “The issue in Sydney is that at the beginning of the year investor activity was about 58 per cent of all transactions. That's now fallen to 52 per cent,''
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Tax overhaul threatened funds for first-time home buyers and affordable housing

The most valuable tax incentive for first-time home buyers in South Carolina was recently suspended for home purchases closed after Dec. 31, because the House version of the Republican tax bill would have eliminated the financing tool that makes it possible. The Mortgage Credit Certificate program,
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16199 Shares in Brinker International, Inc. (EAT) Acquired by Jane Street Group LLC

BlackRock Inc. lifted its holdings in shares of Brinker International by 27.8% in the 2nd quarter. BlackRock Inc. now owns 5,080,271 shares of the restaurant operator's stock valued at $193,557,000 after buying an additional 1,104,999 shares during the period. Balyasny Asset Management LLC lifted its
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Is Buying Points International Limited (NASDAQ:PCOM), Having Higher Short Interest a Winning …

Investors sentiment decreased to 1.69 in 2017 Q2. Its down 0.13, from 1.82 in 2017Q1. It fall, as 4 investors sold Points International Ltd. shares while 9 reduced holdings. 12 funds opened positions while 10 raised stakes. 5.13 million shares or 2.07% more from 5.03 million shares in 2017Q1 were
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Don't be so nice – get mortgage loan savvy and play the banks at their own cash-back game

If a lender knew they could get a higher amount of money out of you they 1 If a lender knew they could get a higher amount of money out of you they'd naturally do it. If you doubt this, just look at the variable rate many of them charge to get a loan with them and you'll see that it's really high versus the fixed
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Commercial project in downtown Orlando draws $74.8 million construction loan

A Palm Beach mortgage lending firm and a Canadian partner provided a $74.8 million loan for construction of a 26-story commercial complex in downtown Orlando. The lender is Trez Forman Capital Group, a joint venture formed last year by Vancouver-based Trez Capital Group, one of the largest
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Comparing Ryland Group (RYL) & New Home (NWHM)

Ryland Group logo The Ryland Group, Inc. is a homebuilder and a mortgage-finance company. RMC Mortgage Corporation and its subsidiaries (RMCMC) and Ryland Mortgage Company provides mortgage financing and related services for more than 255,000 homebuyers. The Company consists of six
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Housing costs damaging our competitiveness again

However, despite escalating house prices and rents, inflation and earnings have remained subdued with the consumer price index recording a barely-discernible 0.6pc increase in the 12 months to October 2017. It was a similar story with earnings, with the CSO recording an increase of just 0.6pc in the
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Putin Thanks Trump for CIA Information That Thwarted Bomb Plot

Russian President Vladimir Putin spoke with Donald Trump for the second time in four days, this time to thank the Central Intelligence Agency for information leading to the breakup of a suspected Islamic State cell. The information helped disrupt a group that had been planning to blow up Kazan
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Voter Desire for Democratic Congress at Highest Mark Since 2008

Heading into the 2018 mid-term elections, half of registered U.S. voters said they would prefer a Democratic-controlled Congress, the biggest advantage for the party in congressional preference surveys since 2008. Thirty-nine percent of registered voters polled said Republicans who currently control
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Turnbull's Win May Kick-Start Ailing Government After Tough 2017

Australian Prime Minister Malcolm Turnbull is seeking to use victory in a weekend special election to kick-start his ailing government and draw a line under a difficult 2017. His ruling Liberal-National coalition on Saturday reclaimed its one-seat parliamentary majority, lost during this year's dual-nationality
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Ukraine Protesters Seek Poroshenko's Removal at Kiev Rally

Supporters of Ukraine opposition politician Mikheil Saakashvili clashed with police in the capital Kiev in a protest to demand that parliament initiate impeachment of President Petro Poroshenko. A few thousand protesters marched to Kiev's central Independence Square for a rally, following similar
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A Reversal for OCADO GROUP PLC HAT (OTCMKTS:OCDGF) Is Near. The Stock Has Decrease in …

More notable recent Ocado Group plc (OTCMKTS:OCDGF) news were published by: Bloomberg.com which released: “How Many Robots Does It Take to Fill a Grocery Order?” on November 06, 2017, also Seekingalpha.com with their article: “Ocado Group's (OCDGF) CEO Tim Steiner on Q2 2017
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New funding program targets rebuilding of mixed income rentals in flooded parishes

With the capital area's rental housing market still tighter than normal due to the 2016 floods, officials are launching a new program to encourage developers to build affordable apartments in the hardest hit parishes, including East Baton Rouge. The Piggyback 2018 program is the third major initiative
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Cornyn Says It `Would Be a Mistake' to Fire Mueller

John Cornyn, the Senate's No. 2 Republican, said it “would be a mistake” for President Donald Trump to fire Special Counsel Robert Mueller. Cornyn's comments on ABC's “This Week” on Sunday came as a handful of congressional Republicans have called for Mueller's firing. Representative Jackie
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Gramercy Property Trust (NYSE:GPT) Shares Bought by American International Group Inc.

American International Group Inc. increased its position in shares of Gramercy Property Trust (NYSE:GPT) by 8.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 101,482 shares of the real estate investment trust's stock after buying an additional 7,588
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First National Bank

David Janus, senior vice president, has been promoted to lead First National Bank's Wealth Management Group, announced David E. Cota, executive vice president, Wholesale Banking. Janus, who previously served as First National Bank's Kansas market president, has relocated to Omaha and
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Hume Bank chief executive David Marshall leaving Border after nearly three years in the driver's …

HUME Bank chief executive David Marshall is leaving the Border institution after nearly three years at its helm. … That focus on online banking has been evident in a $1 million makeover of Hume's Olive Street head office in Albury and a new technology-driven branch opening in Wodonga Place during
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Reading International Inc (NASDAQ:RDI) Position Increased by Van Den Berg Management I Inc.

The institutional investor owned 295,085 shares of the company's stock after buying an additional 105,897 shares during the period. Van Den Berg Management I Inc. owned approximately 1.28% of Reading International worth $4,639,000 at the end of the most recent reporting period. Other hedge
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