Maryland Capital Management Buys 499 Shares of Philip Morris International Inc. (PM)

Maryland Capital Management Buys 499 Shares of Philip Morris International Inc. (PM)

The institutional investor owned 29,249 shares of the company's stock after purchasing an additional 499 shares during the period. Maryland Capital Management's holdings in Philip Morris International were worth $3,090,000 at the end of the most recent reporting period. Other hedge funds and other
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At €16.8, Is It Time To Buy Prismaflex International SA (EPA:ALPRI)?

Prismaflex International SA (ENXTPA:ALPRI), a media company based in France, received a lot of attention from a substantial price movement on the ENXTPA in the over the last few months, increasing to €20.9 at one point, and dropping to the lows of €16.8. This high level of volatility gives investors the
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Insider Buying: Superior Industries International Inc (NYSE:SUP) SVP Acquires 10000 Shares of …

Superior Industries International logo Superior Industries International Inc (NYSE:SUP) SVP Shawn Pallagi acquired 10,000 shares of the business's stock in a transaction that occurred on Thursday, March 29th. The stock was bought at an average cost of $13.70 per share, for a total transaction of
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What's wrong with Indian real estate?

Having just passed the 9th anniversary of the global financial crisis, one wonders about the future course of the real estate sector. Is the end of the biblical drought of capital for real estate in India anywhere near? Will it be followed by 9 years of plenty? Is a new boom cycle on the cards that will make
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More consumers report it's a good time for a home purchase

… to sell a home ticked up three percentage points to a survey high of 39% that was last seen in June 2017. Those expecting home prices to increase over the next 12 months declined 2% from a year ago, while the share of consumers anticipating a rise in mortgage rates rose by eight percentage points.
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Commentary: How These Useless Doctors' Exams Are Raising Health Care Costs

Maintenance of Certification (MOC) tests for doctors like us might sound like a good idea at first glance. MOC requires us to take frequent modules and tests to remain certified and keep our jobs. But the truth is that these tests provide no value to doctors or patients; in fact, they contribute to rising health
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What does a new CEO mean for Germany's biggest bank?

The dismal performance reflects concerns about the direction and execution of a turnaround strategy that saw Germany's largest lender close hundreds of bank branches in recent years and eliminate tens of thousands of jobs. Despite the changes, it failed to turn a profit in each of the past three years.
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Estate agents will need qualifications under Government plans to fix housing market

Estate agents in the UK will be required to hold a professional qualification and be transparent about fees for referrals to solicitors and mortgage brokers under new rules announced by the Government on Sunday. The raft of measures, unveiled by the Housing Secretary, Sajid Javid, aims to “fix” the
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Is the GTA housing market doing much better than people think? This economist says yes

Plenty of headlines in the last few months have focused on the GTA housing market's year-over-year drop in sales. But, according to one economist, that doesn't tell the whole story. “I thought much of the coverage of the Toronto sales figures was overly alarmist,” writes Scotiabank VP and head of capital
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Coachella 2018 Performers: Why Knox Fortune is an Artist You Don't Want to Miss

Last year was a wild ride for producer Knox Fortune. After spending the earliest parts of his career working behind-the-scenes for rappers like Vic Mensa and Joey Purp, the Chicago artist scored his first Grammy nod (and win) in February 2017 for his feature on Chance the Rapper's chart-topper “All
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Survey Shows Strong Up-Swing in Home Purchase Attitude

The results of the March National Housing Survey (NHS) as reflected in the HPSI rose 2.5 points to 88.3, wiping out much of the 3.7-point decline posted in February. … One of the least volatile components of the HPSI over the last two years has been the one predicting the direction of mortgage rates.
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Pierce Real Estate hosts free home buying seminar

Pierce Real Estate invites the public to their Home Buying Seminar Saturday, April 14. From 10:30 a.m. to 12:00 p.m. attendees will learn about the ins and outs of buying a home including loans, down payments, credit scores, and the buying process. The event will be held at Pierce Real Estate located
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MGIC cutting mortgage insurance prices for borrowers

The news today is causing mortgage insurance stocks to fall. The company announced this reduction is a result of the lower corporate tax rate signed into law in 2017 through the Tax Cuts and Jobs Act. MGIC explained that incorporating the tax benefit and allowing all lenders access to the reduced
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Consumer Lending Platform Best Egg Exceeds $5 billion & Celebrates Fourth Birthday

Marlette Funding, LLC, the owner of consumer lending platform Best Egg, announced on Monday the year-end results and key accomplishments for first quarter 2017. According to Marlette Funding, during the past year, Best Egg experienced origination growth of 66%, significantly reduced its customer
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Don't Be overburdened by your mortgage

RICHMOND, Va – About 30% of Virginia homeowners are burdened by their mortgage payment. Financial expert JB Bryan stopped by the studio to help make sure you're not overburdened. She talked about what you can do if you're at risk of default or foreclosure. JB holds FREE financial workshops
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Stormy Daniels Tries Trump-Under-Oath Pitch Again

Adult film star Stormy Daniels is taking another shot at questioning President Donald Trump and his lawyer under oath in her lawsuit to get out of a “hush agreement” over her alleged affair with the real estate mogul. Daniels, whose real name is Stephanie Clifford, wants to query Trump and his longtime
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This Lung Cancer Drug Could Let Patients Forgo Chemo—And It's Sending Merck's Stock Soaring

Merck stock spiked nearly 4% in early Monday trading, a gain of nearly $5.75 billion in market value, as investors cheered another victory for the drug giant's flagship cancer immunotherapy in treating lung cancer. Investigators reported Monday morning that the late-stage trial, KEYNOTE-o42, showed
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Capstead Mortgage Co. (CMO) Shares Bought by Advisor Group Inc.

Capstead Mortgage logo Advisor Group Inc. raised its position in Capstead Mortgage Co. (NYSE:CMO) by 280.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 20,511 shares of the real estate investment trust's
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Community Bank Adds To The Commercial Lending Team

CARMICHAELS, Pa., April 09, 2018 (GLOBE NEWSWIRE) — Community Bank (the “Bank”), the wholly-owned subsidiary of CB Financial Services, Inc. (NASDAQ:CBFV), is pleased to announce the appointment of Michael Moore, Vice President and Commercial Relationship Officer in the Ohio Valley.
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Mortgage rates today, April 9, 2018, plus lock recommendations

This is neutral for mortgage rates because they tend to follow Treasuries; CNNMoney's Fear & Greed Index increased by one point to a a reading of 13 (out of a possible 100). That's up, which would be bad for rates, but we're still in the “extreme fear” range, which is good for bonds and rates. Moving into
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JFK Just Got Booted From the List of the World's 20 Busiest Airports

JFK Just Got Booted From the List of the World's 20 Busiest Airports

New York's John F. Kennedy International Airport is no longer ranked among the 20 busiest in the world,thanks to the rush in Asia. Among those pushing out JFK was New Delhi's Indira Gandhi International Airport, which made its debut on the table last year at No. 16, according to Airports Council
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HDFC Hikes Lending Rate By Up To 20 Basis Points

India's largest mortgage lender HDFC Ltd. today upped its lending rates by up to 20 basis points, in line with similar moves by commercial banks. The increase in the retail prime lending rate, on which it benchmarks the adjustable rate home loans, is effective from April 1, an official statement said.
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Tennessee's outgoing environmental chief to lead real-estate firm

The commissioner of Tennessee's environment and conservation department announced Monday that he is leaving to head a real-estate firm that specializes in affordable housing. Bob Martineau will begin serving as president of Knoxville-based LHP Management, LLC on May 1. “These are
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Uber Jumps Into Dockless Bike Sharing With Latest Acquisition

Uber has acquired Jump, a GPS-enabled electric bike share service, the latest move by the ride-hailing company to make money off of people ditching their cars. Terms of the deal were not disclosed. The deal illustrates the swirl of investor activity in the increasingly competitive business of bike sharing.
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HDFC hikes lending rate by up to 0.20 per cent

MUMBAI: Largest mortgage player HDFC today upped its lending rates by up to 0.20 per cent, in line with similar moves by commercial banks. … borrower, which is the lowest rate offered by the lender, will now be available at 8.40 per cent, the spokesperson said, adding for others it will be 8.45 per cent.
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New Penn Financial Acquires Envoy's Correspondent Lending Division

National Mortgage lender New Penn Financial (New Penn) today announced its acquisition of the Envoy Correspondent Lending Division. The addition of Envoy Correspondent Lending rounds out the organization's business channels, which include existing origination channels in Call Center, Joint
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ICE's Chief Says Crypto Trading Is a 'Trend We Can't Ignore'

“There is a trend here we can't ignore in my mind, so I don't discount it,” Jeffrey Sprecher, ICE's chief executive officer, said in an interview on Bloomberg TV. “People put more faith in a guy named Satoshi Nakamoto that no one has ever met than they do in the U.S. Fed,” he said, referring to the founder
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Manchester United fans are sharing Manchester City's title celebration plans

… as their Champions League victory over Bayern Munich, it was yet another reminder that you never, ever write Manchester United off. It seems City had already done that pre-match, having made plans for a fireworks show and drafting in a pyrotechnics company especially to celebrate the title.
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Alex Ovechkin Joins Elite Company with Seventh Rocket Richard Trophy

… Washington Capitals captain Alex Ovechkin officially secured his seventh career Rocket Richard Trophy as the NHL's goal-scoring leader. Ovechkin had 49 goals and 87 points in 82 games, leading the Capitals to a third consecutive Metropolitan Division title. His 49 goals accounted for 19.1 percent
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PayPal turning into 'virtual bank' as it offers debit card, check deposit & loans

So the company turned to a hodgepodge of small banks that stay anonymous and behind the scenes. It cut deals with a Delaware bank to issue debit cards, a Georgia bank to deposit checks instantly after users take a photo of them and banks in Utah to make loans to consumers and small businesses.
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Worthy Analytical Review for CYS Investments, Inc. (NYSE:CYS)

CYS Investments, Inc. is a specialty finance company that invests on a leveraged basis in residential mortgage pass-through securities for which the principal and interest payments are guaranteed by Fannie Mae, Freddie Mac or Ginnie Mae. CYS Investments, Inc. has elected to be taxed as a real estate
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HDFC hikes home loan interest rates by up to 0.20 percentage points

The increase in the retail prime lending rate (RPLR), on which it benchmarks the adjustable rate home loans (ARHL), is effective from 1 April, an official statement said. A company spokesperson said the rate hike is progressive, between 0.05 percentage points to 0.20 percentage points, with the lowest
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The Bloody Grab for Gold in Venezuela's Most Dangerous Town

Many victims were shot in the head and face, according to police photos and death certificates obtained by Bloomberg. … High-ranking members of the military control legitimate industries, black markets and the nation's security, creating a “perverse relationship,” said Diego Moya-Ocampos, an Americas
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Fortune Wealth Management and Federal Bank in deal to offer PIS

Fortune Wealth Management Company India (P) Ltd has signed a pact with Federal Bank for providing Portfolio Investment Services (PIS) to non-resident Indians (NRIs). “This agreement would enable the bank's NRI clients to invest in Indian equity market on repatriable and non-repatriable basis,
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Moody's says English housing associations resilient in face of weaker housing market

Moody's central forecasts suggest that flat or falling house prices will equate to a 3.2% or GBP66 million reduction in sales revenue in 2019, a fall which would not have a significant impact on the key financial metrics of HAs rated by Moody's. “Although housing associations are facing a drop in sales
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HDFC hikes lending rate by up to 0.20 pct

Largest mortgage player HDFC on Monday upped its lending rates by up to 0.20 per cent, in line with similar moves by commercial banks. The increase in the Retail Prime Lending Rate (RPLR), on which it benchmarks the Adjustable Rate Home Loans (ARHL), is effective from April 1, an official
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Investors are Unsure How to React (Brief Analysis) – Magna International Inc (NYSE: MGA)

U.S. stocks ended lower on Friday, with the Dow once plunging over 700 points, as escalating trade tensions between China and the United States weighed on the market. The Dow Jones Industrial Average erased 572.46 points, or 2.34 percent, to 23,932.76. The S&P 500 reduced 58.37 points, or 2.19
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HDFC hikes lending rate by up to 0.20%

Largest mortgage player HDFC today upped its lending rates by up to 0.20 percent, in line with similar moves by commercial banks. The increase in the Retail Prime Lending Rate (RPLR), on which it benchmarks the Adjustable Rate Home Loans (ARHL), is effective from April 1, an official statement said
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ISLA CEO: SFTR at a very pivotal point

Securities financing transaction reporting (SFTR) is at “a very pivotal point”, according to Andy Dyson, CEO of the International Securities Lending Association (ISLA), in a video message released on the association's website. Dyson said: “We are currently waiting for the [European] Commission to start
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Startup mortgage lender Eave launching jumbo operation in Colorado

Technology startup Eave is making a foray into Colorado's fast-moving, high-end mortgage lending market by offering software designed to quickly analyze jumbo borrowers' more complex incomes and assets. Eave's technology is designed to automate 60% of the origination process, making borrowers
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Apple Co-Founder Wozniak Shuts Facebook Account in Protest

Apple Co-Founder Wozniak Shuts Facebook Account in Protest

San Francisco (AP) — Apple co-founder Steve Wozniak is shutting down his Facebook account as the social media giant struggles to cope with the worst privacy crisis in its history. In an email to USA Today, Wozniak says Facebook makes a lot of advertising money from personal details provided by
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One Way Massachusetts Could Make Drugs Less Expensive

One big reason Americans pay too much for prescription drugs is that the government has been so reluctant to push prices down. Private health insurers pick and choose the medicines they cover and use that discretion to strike deals with drug companies. Medicaid — which would have far greater
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How Putin's Brinkmanship Is Scarring Russian Markets in 3 Charts

Until last week, traders were touting Russian stock valuations: at 6.4 times projected earnings, they're the cheapest among major emerging markets. Analysts pumped up their estimates for earnings to a record last month, adding to their appeal. But that optimism vanished after U.S. President Donald
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How Blockchain Is Threatening to Kill the Traditional Utility

Blockchain's expected to be top of mind at this week's Bloomberg New Energy Finance summit in New York this week, where hundreds in the industry will gather to discuss the future of energy. BNEF is estimating that $9 trillion will be spent on zero-carbon power generation through 2040 — and Vrins
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Trump National Security Advisers to Meet on Syria

Russia, whose military backing of Assad helped turn the course of the war in his favor, denied that Syrian government forces deployed chemical weapons in Douma, according to the Tass news service, which cited Major General Yuri Yevtushenko. Russia plans to send specialists to analyze the scene
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What 20-Day Moving Average Analysis say about First American Financial Corporation (NYSE:FAF)?

First American Financial Corporation provides financial services through its Title Insurance and Services segment and its Specialty Insurance segment. The Title Insurance and Services segment provides title insurance policies and provides escrow and real estate closing services on residential and
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TIMELINE-Deutsche Bank's 30 years of twists and turns

Deutsche Bank buys Bankers Trust Corp. for $10 billion, giving investment bankers critical mass to influence the German lender's strategy. 2000 – Deutsche Bank agrees to a “merger of equals” with rival Dresdner Bank. – Deutsche Bank's investment banking chief tells the management board at a
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Fintech lenders will struggle to regain mojo alone

The likes of LendingClub, On Deck and SoFi want to put recent problems behind them. But their loan books, and earnings, are small. The banks they once dared to threaten have been catching up. Even Goldman is nipping at their heels. A bout of M&A could do them credit.
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Fannie Mae Awards US Bank Home Mortgage with STAR

We take pride in knowing that our customers see us as a trusted partner in their mortgage financing decisions,” said David B. Little, EVP of consumer and mortgage servicing. “We are dedicated to providing excellent customer service that enables homeowners to manage their investment worry free.”.
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Ryan Named One of the 2018 Best Workplaces in Texas by “FORTUNE” and Great Place to Work®

DALLAS, April 9, 2018 /PRNewswire/ — Ryan, a leading global tax services and software provider, has been selected as one of the 2018 FORTUNE Best Workplaces in Texas for the second consecutive year. Winners were evaluated and selected from more than 28,000 employee surveys from
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UK Direct Lender Prestige Launches Renewables Lending Bond

Prestige, the specialist direct lending investment management group, is partnering with Goji, a direct lending / investment platform in the UK, to launch an ISA-eligible Renewables Lending Bond. The Bond will be designed to help wealth managers to access the steady returns that can be achieved from
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Deutsche Bank's deep strategic hole

Sewing is a Deutsche Bank lifer, who started as a trainee when he was a teenager — he is now 47 — and stayed, except for a two-year stint at mortgage lender DGH from 2005 to 2007. “Now someone has been raised to the top of the largest German bank who has worked there almost all his life.
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Bosporus Ship Crash Hits Barley Supply to Top Buyer Saudi Arabia

The accident, which may disrupt short-term supply to Saudi Arabia, comes at a time when a tight market has sent global barley prices surging, with the grain hitting the highest since 2014 in Russia. The vessel will remain anchored until further notice, Vita Management said in an emailed response to
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“A new era has already begun.” ICC Banking Commission 2018 Annual Meeting concludes in Miami.

The question neatly sums up last week's four days of task force meetings, specialised group discussions, plenary addresses and breakout sessions that comprised the ICC Banking Commission's 2018 Annual Meeting, which took place this year in Miami from 3-6 April 2018. Much of the event focused on
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Commentary: I'm an Immigration Judge. Case Completion Quotas Are a Really Bad Idea.

Arriving international travelers cross a police line separating pro- and anti-demonstrators of a ruling by a federal judge in Seattle that grants a nationwide temporary restraining order against the presidential order to ban travel to the United States from seven Muslim-majority countries, at Tom Bradley
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Housing Sentiment Remains Volatile, Edges Back Up

The net share of respondents who said now is a good time to buy a home increased 10 percentage points compared to February. Additionally, the net share who reported that now is a good time to sell a home increased 3 percentage points. The net share who said home prices will go up in the next 12
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Washington State First-Time Home Buyer Programs of 2018

First-time home buyers in Washington can take advantage of special loan programs and down payment assistance available just for residents. Got your eye on a cottage in King County? Or maybe a split-level in Spokane? The Washington State Housing Finance Commission knows the lay of the land
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Nelnet Expands Loan Service Offerings to Fintech Lending Platforms

Online lending platform Nelnet (NYSE: NNI) announced on Monday it is bringing a new servicing option to fintech lending platforms. According to Nelnet, that Nelnet Loan Servicing will leverage the experience, scale, and personnel of its existing servicing business with technology enhancements to
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US Bank Home Mortgage Earns STAR Recognition

Fannie Mae has awarded U.S. Bank Home Mortgage with the 2017 Servicer Total Achievement and Rewards (STAR) recognition in two categories: General Servicing and Solution Delivery. This is the second consecutive year that Fannie Mae has recognized the bank's mortgage servicing division as a
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Predicting Success for Mark Zuckerberg's Trip To Washington, DC

This article first appeared in Data Sheet, Fortune's daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here. The technology world is atwitter over Mark Zuckerberg's Congressional appearance Tuesday—for good reason. The young media mogul has much to answer for.
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Notable Runner- Quidel Corporation (QDEL)

Notable Runner- Quidel Corporation (QDEL)

Quidel Corporation (QDEL) shares were closed at $51.22 a share in the latest session and the stock value loss almost -2.81% since the beginning of this year. The company has managed to keep price to sales ratio of 6.61. The price to sales ratio is the ratio of the market value of equity to the sales.
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KeyBank Provides $30M in Financing for Apartment Complex in Queens

NEW YORK CITY — KeyBank Real Estate Capital has provided $30 million in first-mortgage financing through Freddie Mac for The Lanes, a seven-story apartment complex in Long Island City. The 57-unit, Class A complex was built in 2017 and totals 83,000 square feet with 11,000 square feet of
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Apple Launches Red iPhone 8 to Keep Line Fresh Mid-Cycle

Apple Inc. announced new versions of the iPhone 8 and iPhone 8 Plus in red, keeping its entry-level iPhones fresh after being overshadowed for months by the iPhone X. iPhone 8 in red. Source: Apple. The new color scheme is part of the “PRODUCT(RED)” initiative, a program that gives a percentage
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Svatantra Microfin lowers lending rate to 19.25%

Ananya Birla promoted Svatantra Microfin Pvt Ltd has lowered lending rate by 350 basis points to 19.25%, making it the lowest rate by any microfinance firm in the country. One basis point is one-hundredth of one percentage point. The new rate will be effective from Tuesday, the company said. Before
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Jones Buys Mississippi Mill

Jones Lumber Co., Columbia, Ms., has purchased Rives & Reynolds Lumber, Natchez, Ms, allowing the company to expand its offerings by adding grade lumber to its production capabilities and opening up sales to the international market. Jones Lumber has multiple locations throughout Mississippi
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Chase Expands Reward Points for New Mortgages

Following an enthusiastic response from Sapphire customers last year, eligible Sapphire, Freedom, and United MileagePlus Club or Explorer cardmembers can earn Ultimate Rewards points or MileagePlus miles by purchasing a mortgage with Chase before August 31. Customers can redeem their
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NTC: Online Whole Loan Trading is on the Rise

PALM HARBOR, Fla.–(BUSINESS WIRE)–Despite the fact that mortgage origination volume fell 20% in the fourth quarter, according to a story published in MortgageOrb citing an ATTOM Data Solutions report, technology used to trade whole loans is gaining traction. Resitrader reported that whole loans
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Pay international: Creating a seamless global buying experience

International expansion is a key strategic priority for many growing businesses. The prospect of pursuing new customers and entering new geographies is often a no-brainer for companies looking for new opportunities and revenue streams. But this inevitably comes with certain challenges, especially
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First National Bank Of Omaha Raised Its Fortune Brands Home & Sec In (FBHS) Stake by $3.27 …

Fortune Brands Home & Security, Inc. (NYSE:FBHS) Logo Investors sentiment increased to 1.41 in Q4 2017. Its up 0.43, from 0.98 in 2017Q3. It is positive, as 18 investors sold FBHS shares while 136 reduced holdings. 72 funds opened positions while 145 raised stakes. 127.08 million shares or 1.89%
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John Williams named president and CEO of New York Fed

The Federal Reserve Bank of New York have appointed John Williams as president and CEO. Williams will begin his new role in June, replacing current president, William Dudley. Prior to becoming president, Williams was the executive vice president and director of research at the San Francisco
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Portland's commercial real estate scene continues its boom – podcast

Vanessa Sturgeon, president and CEO of Portland's TMT Development says the commercial real estate market in the area is going strong as we enter the second quarter of 2018. That growth continues, though it has been a longer-than-usual upward cycle, as the city's tech sector drives the economy
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This Chinese Facial Recognition Surveillance Company Is Now the World's Most Valuable AI Startup

SenseTime Group has raised $600 million from Alibaba Group Holding (baba, -2.89%) and other investors at a valuation of more than $3 billion, becoming the world's most valuable artificial intelligence startup. The company, which specializes in systems that analyze faces and images on an enormous
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Rascal Flatts to perform at Ruoff Home Mortgage Music Center in August

NASHVILLE, TN – JUNE 09: Joe Don Rooney (L) and Gary LeVox from musical group Rascal Flatts performs onstage during 2016 CMA Festival – Day 1 at Nissan Stadium on June 9, 2016 in Nashville, Tennessee. (Photo by Rick Diamond/Getty Images). ×
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Intraday Mover – Karyopharm Therapeutics Inc. (KPTI)

Karyopharm Therapeutics Inc. (KPTI) shares were closed at $12.48 a share in the latest session and the stock value loss almost -4.00% since the beginning of this year. The company has managed to keep price to sales ratio of 403.42. The price to sales ratio is the ratio of the market value of equity to the
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Fintech Sector Lacks Adequate Government Oversight, Report Finds

“Observers have questioned what the appropriate role of federal regulators should be in supervising fintech companies that provide small business capital and consumer lending,” the Senators wrote. “… [I]t is possible that the current online marketplace for small business loans falls between the cracks
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Veru Inc. (VERU) – Investors Alert

Veru Inc. (VERU) shares were closed at $1.82 a share in the latest session and the stock value gain almost 2.82% since the beginning of this year. The company has managed to keep price to sales ratio of 7.28. The price to sales ratio is the ratio of the market value of equity to the sales. This ratio is
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Changing Deutsche Bank's CEO Is Easier Than Changing Its Fate

Deutsche Bank DB 1.91% has a new chief executive, but Christian Sewing will find it much easier to change the tone of leadership than the bank's destiny. Mr. Sewing, a 25-year veteran who most recently headed Deutsche's retail bank, was named late Sunday to replace John Cryan, whose three-year
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FujiFilm Is Killing Off Black & White Film and Photographic Paper

While black and white filters are all the rage on Instagram and Facebook, interest in black and white film has been dwindling for some time—and now FujiFilm is pulling the plug on the once popular line. The company say it will terminate sales of its Neopan 100 Acros film this October. It also plans to
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Blockchain Startup Symbiont Teams with Wall Street Legend Ranieri

First, he said, “you've got all these disparate participants” – referring to the banks, borrowers, and brokers – along with companies like Fannie Mae, Freddie Mac, that would benefit from doing business across a common network. He went on to argue that Symbiont's platform could allow mortgages to be
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DuPage County Named Most Expensive Housing Market in Illinois

It appears a northern Illinois county is home to the most expensive housing market in the state, according to a new study. DuPage County was named the priciest market for home buyers in Illinois, with a median price of $316,749, a report from financial news site 24/7 Wall Street found. The report looked
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First American to Host Investor Day in New York City

First American to Host Investor Day in New York City

SANTA ANA, Calif.–(BUSINESS WIRE)–First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, today announced that it will host an investor day event on Friday, May 18, 2018 from 8 a.m. to 1:00
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LIBOR Replacement: SOFR Is Not The Answer

The American regulatory apparatus is pushing hard for the adoption of the Secured Overnight Financing Rate (SOFR), a version of the repo rate, to replace LIBOR. LIBOR is under a well-deserved cloud, following an unending series of legal settlements stemming from accusations of bank trader
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5 (PRODUCT)RED Devices Apple Is Selling to Help the Fight Against AIDS

Apple has expanded its line of devices being sold with the aim at fighting AIDS. The tech giant on Monday announced that it has added the iPhone 8 and iPhone 8 Plus to its (PRODUCT)RED lineup. The company also said that a new folio case for its iPhone X will be available in the familiar red that
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Veteran Retail Real Estate and M&A Professional Jim Terrell Joins A&G Realty Partners as Senior …

MELVILLE, N.Y., April 9, 2018 /PRNewswire/ — Former Sears Holdings and Ashley Furniture real estate and M&A executive Jim Terrell has joined A&G Realty Partners as a Senior Managing Director. From his base in the firm's metro Chicago office, Terrell will be involved with all of A&G's clients,
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A former refugee, she's now the first Latina CEO of a major US company

“Why not me?” It's a question Geisha Williams, CEO and President of PG&E Corp., has asked throughout her career. Williams made history last year becoming the first Latina CEO of a Fortune 500 company. But the Cuban-born immigrant admits that she once had “pretty modest” career aspirations.
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Will New Deutsche Bank CEO Christian Sewing Change The Lender's Real Estate Strategy?

Ely Razin , Contributor I cover finance and technology related to commercial real estate Opinions expressed by Forbes Contributors are their own. John Cryan (left) is out as Deutsche Bank CEO and Christian Sewing (right) is in. Will this have an impact on its U.S. commercial real estate lending?
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Europe's Boom Reawakens the Ghost of Crisis Past: Debt

Across the eurozone, economic optimism, ultralow interest rates and fierce competition among banks have helped push private-sector lending to its highest level since the financial crisis. That would be good news if it wasn't for one big problem: the region's already high debt. Over the past decade, the
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Mortgage fraud increase: Watching for the red flags

Mortgage fraud is a significant issue for lawyers who practise in residential and commercial real estate transactions. … In a typical mortgage fraud situation, a borrower deliberately misrepresents information to obtain mortgage financing that normally would not have been granted if the true information
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More questions on Wells Fargo's auto-lending business

Trying to stay one step ahead of regulators who are probing its operations, Wells Fargo (NYSE:WFC) has expanded an internal review of its auto financing business, reported the WSJ over the weekend. At issue are aftermarket products like extended warranties, roadside assistance, tire protections, and
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It's 'fearmongering': BSE CEO on talk of India's banking crisis post PNB fraud

India's second-largest state-run lender Punjab National Bank (PNB) was hit by the country's biggest-ever banking fraud of more than Rs13,000-crore allegedly perpetrated by billionaire diamantaire Nirav and his associates in connivance with some bank officials. A special CBI court has issued
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Location, Inc.® Launches Enterprise Data and Analytics Catalog

Real Estate provides the only Micro-neighborhood™ housing market insights with exclusive market rent prices by number of bedrooms, house values, the only sub ZIP Code HPI (including trends and forecasts), property taxes and effective tax rate, gross rental yields, housing stock profiles, physical
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Exxon Sparks IMF Concern With Weighty Returns in Tiny Guyana

While Guyana should honor the existing deal, future contracts should ensure the state gets a higher portion of crude proceeds, the fund said in a report seen by Bloomberg News. The country, South America's third poorest with an average per capita income of around $4,000, has little experience of
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Georgia 2018: Evans swipes Abrams over banking measure

Democrat Stacey Evans is trying to open a new front in the race for Georgia governor by assailing her rival over a banking measure was overwhelmingly approved last year. The flashpoint involves House Bill 192, which made it harder for plaintiffs to win lawsuits targeting the board members of financial
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20 Advocacy Groups Say YouTube Illegally Collects Data on Kids

A group of advocates has asked the FTC to investigate YouTube, alleging that the Google subsidiary isn't doing enough to make sure it isn't collecting data on kids. A complaint was filed Monday by the Center for Digital Democracy, the Campaign for a Commercial-Free Childhood, and 18 other child,
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Rocket Pharmaceuticals, Inc. (RCKT) – Market Mover

Rocket Pharmaceuticals, Inc. (RCKT) shares were closed at $14.58 a share in the latest session and the stock value loss almost -9.72% since the beginning of this year. The price to sales ratio is the ratio of the market value of equity to the sales. This ratio is internally not steady, since the market value of
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Term Sheet — Monday, April 9

In March, Narasimhan wrote a column for Fortune that gives us insight into his strategy as Novartis's new chief executive. He emphasized the importance of developing new drugs using precision medicine. From the story: By bringing life-saving medicines that are highly targeted to patients who can
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Commodity Traders Said to Stop Buying From Rusal After Sanctions

John Whittaker, a partner at law firm Clyde & Co LLP who advises commodity traders, compared the restrictions on Rusal with the U.S. sanctions against Iran that restricted oil exports from the country and helped lift global prices. “It would be an inhibiting factor for international traders,” Whittaker said.
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Have Investors Priced In Meliá Hotels International SA.'s (BME:MEL) Growth?

Meliá Hotels International SA. (BME:MEL), a hospitality company based in Spain, received a lot of attention from a substantial price movement on the BME in the over the last few months, increasing to €12.2 at one point, and dropping to the lows of €10.82. This high level of volatility gives investors the
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Sri Lankan rupee ends weaker on importer dlr demand

The government must repay an estimated 1.97 trillion rupees ($12.68 billion) in 2018 – a record – including $2.9 billion of foreign loans and a total of $5.36 billion in interest. Foreign investors sold government securities worth a net 6.3 billion rupees ($40.53 million) so far this year through April 4, central
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Training, Jobs, and Resources for LO's; Capital Markets Update

What's the retail residential competition up to? Eave (not to be confused with Eaze!) launched a new software that automates mortgage applications and decisions and claims to provide buyers with a response within two days based on 10 documents. The company targets loans for high-end homes, from
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Nelnet Expands Loan Servicing Offerings To Meet Demands Of Fintech Lenders

Nelnet Expands Loan Servicing Offerings To Meet Demands Of Fintech Lenders

SAN FRANCISCO, April 9, 2018 /PRNewswire/ — Nelnet (NYSE: NNI), a company with more than 40 years of loan servicing experience, is bringing a new servicing option to Fintech lending platforms. Nelnet Loan Servicing will leverage the experience, scale, and personnel of its existing servicing
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Investors Title Company (ITIC) Trades at $197.40 After Triangle; REALBIZ MEDIA GROUP (RBIZ …

REALBIZ MEDIA GROUP INC (OTCMKTS:RBIZ) had a decrease of 88.1% in short interest. RBIZ's SI was 1,000 shares in April as released by FINRA. Its down 88.1% from 8,400 shares previously. The stock increased 17.80% or $0.00089 during the last trading session, reaching $0.00589. About shares
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Mortgages are at their most affordable level in a decade

Mortgages have reached their most affordable level in a decade with typical mortgage payments accounting for less than a third (29%) of homeowners' disposable income in Q4 2017, the Halifax House Price Index found. This is compared to almost half (48%) in 2007. Annual house price growth is at
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First time buyers flock to low cost mortgage scheme

Applicants must offer proof that they were they were either turned down for a mortgage, or were offered “insufficient” finance, by two lenders. A key attraction of the scheme is the low cost interest rates on offer, starting at just 2 per cent fixed for 25 years, which mean that home buyers can borrow more,
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The P2P Lending Alternative – Crowdvouching – Will Now Run in Test Mode

Unlike p2p lending, Suretly does not lend money directly, but rather serves as an intermediary between financial institutions, borrowers, and co-signers. Suretly users vouch for a small part of a loan sum and guarantee that the loan will be repaid in the case of a borrower's default. Liability for each loan is
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Data Sheet—Predicting Success for Mark Zuckerberg in Washington, DC

I'll never forget the time I brought then Fortune Managing Editor Andy Serwer to meet Zuckerberg at Facebook's offices in Palo Alto. At the time, Fortune was working on a story about the murky backgrounds of some of the backers of Facebook's early investors. We asked him about this, and I noted that
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Frisco's Wade Park set for foreclosure again in May

For the third month in a row, lenders have scheduled a foreclosure of Frisco's huge Wade Park development. Starting in February two lenders owned more than $130 million on the project began threatening a forced sale. New York-based Gamma Real Estate and Bamcap Partners of Farmers Branch
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Cannabis REIT Completes 3rd Real Estate Deal with Vireo Health after $5.8 Million Pennsylvania …

SAN DIEGO–(BUSINESS WIRE)–Innovative Industrial Properties, Inc. (the “Company”) (NYSE: IIPR), the leading provider of creative real estate capital solutions to the medical-use cannabis industry, announced today that it closed on the acquisition of a property located at 2000 Rosanna Avenue in
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UK annual house price growth up 2.7 per cent as gains spike in March

UK house prices in the first three months of the year were up 2.7 per cent compared to the same period for the previous year, according to the latest house price index from Halifax, an increase on the 1.8 per cent growth recorded in February. Prices grew 1.5 per cent in March, following a 0.5 per cent
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Global Mortgage and Loans Software Market Status 2018-2022: Floify, Calyx, Byte, Magna

Mortgage and Loans Software Market The latest industry report that focuses on Mortgage and Loans Software Market and gives a professional and in-depth Global Mortgage and Loans Software market analysis and future prospects of Mortgage and Loans Software market 2018. The analysis report
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A renovated Broadmoor house for $550K: real estate roundup for Covington, Broadmoor, Irish …

What will $550,000 buy around the New Orleans area? Looking through the real estate listings this week, we found three residences: A renovated, 1930s Arts and Crafts house in Broadmoor for $549,495; a contemporary house in Covington for $549,000; and a two-year-old traditional-style house in the
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As Investors Title Co (ITIC) Stock Price Rose, Shareholder Biglari Capital Cut Its Holding by $1.88 …

Edgewood Management Llc increased its stake in Nvidia Corp (NVDA) by 1.67% based on its latest 2017Q4 regulatory filing with the SEC. Edgewood Management Llc bought 77,928 shares as the company's stock rose 15.49% while stock markets declined. The institutional investor held 4.74 million
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Housing crisis spurring a political awakening

The Oakland software professional turned legal housing expert is part of a energized group fed up with the local housing market refining that is refining its tactics and formalizing strategies to promote residential development. “We have political power and we are not afraid to use it to seek our goal,” said
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Kent Reliance hires BDM for the South

Kent Reliance has appointed Matthew Butt as a senior business development manager within Kent Reliance's South team, responsible for boosting relationships with brokers in London and parts of Essex. Butt has 10 years' experience within the financial services sector, seven of which he spent at
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The most expensive housing market in Alabama

The median sales price of a home in the U.S. is now close to a third of a million dollars, about $100,000 move than it was just 10 years ago. Compared to the national average, Alabama is a bargain. The median price of homes currently listed in Alabama is $190,000, according to real estate site Zillow.
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Sensex gains over 100 points, Nifty above 10350; banking stocks top gainers, Airtel, Infosys shares …

Mumbai: The benchmark BSE Sensex advanced over 100 points in early trade on Monday on sustained buying by domestic institutional investors amid firm Asian cues. Continuing its upward march for the third straight session, the 30-share index rose 136.45 points, or 0.40 percent, to 33,763.42.
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Pepper Money makes criteria changes

Pepper Money has revamped its product range, changing it's criteria, making interest-only available as a repayment method on residential remortgages up to 60% loan-to-value. Missed payments on fixed term credit agreements are now being acceptable after six months and the minimum age has been
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National MI to Host Mortgage Leadership Roundtable in Orlando

EMERYVILLE, Calif., April 09, 2018 (GLOBE NEWSWIRE) — Leading industry experts will gather to discuss the current state of the mortgage industry at the Orlando Mortgage Leadership Roundtable on April 13, 2018 at the Isleworth Golf & Country Club in Windermere, FL. The free event is being hosted
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Uinsure named the fourth fastest growing FinTech firm in the North

General insurance company Uinsure has been named as the fourth fastest growing FinTech firm in the North at The Northern Tech awards. The awards, which were presented by GP Bullhound, are made up of the top 100 technology based companies across the North of the UK . Uinsure was also
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It's raining offers on Dubai property

“This is the first Dubai Property Festival promising major discounts and incentives. International investors from India, Russia and China may have a particular interest in the promotions offered. With the current buyer market status and thanks to this festival, we could see a short-term boost in sales volume
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Top UK Banker Praises Xi's 'Authoritarian' Leadership

Top UK Banker Praises Xi's 'Authoritarian' Leadership

Sir Gerry Grimstone discusses the China trade war and tariffs on the sidelines of the Boao Forum for Asia in Hainan. Business executives with interests in the U.S. and China played down the risks of a brewing trade conflict between the two nations, with Chinese President Xi Jinping receiving plaudits for
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Monticello Purchases $5.8MM in Bonds for Acquisition of Multifamily Rental Housing Development

It is anticipated that the loan and corresponding bonds will be repaid through either the U.S. Department of Housing and Urban Development (HUD) 223(f) program or through Fannie Mae or Freddie Mac programs. The facility was built in 1964 and contains 58 two- and three-story walk-up townhouse
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Revoz Takes Top Exporter Title from Krka, Gorenje Third

STA, 9 April 2018 – The Novo Mesto-based Renault assembly plant Revoz is back on the top of Delo's list of largest exporters in Slovenia in 2017 after a four-year dominance of drug maker Krka. Revoz exported last year EUR 1.575bn worth of its products, followed by Krka (EUR 1.178bn) and fellow
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Thor Industries, Inc. (THO) stock is worth at $112.97

Thor Industries, Inc. (THO) , a stock from Recreational Vehicles Industry, has a value of $112.97 per share, noted a price change of -1.94% in recent trade close. It has a dividend yield of 1.31%. The price to earnings growth ratio is 0.76 and the price to sales ratio is 0.74. The lower price P/S ratio indicates
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New York's JFK Booted Out of World's Top 20 Busiest Airports

World aviation's center of gravity is continuing its eastward shift, with China and India poised to feature among the world's top three air-travel markets by 2020 as rising incomes make fares more affordable, Montreal-based ACI said. Asia Pacific is likely to have 3.5 billion passengers by 2036, adding
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House Prices Hit Record High in March

With unemployment at historic lows and real inflation set to pick up, momentum in the market is beginning to build, according to commentators. The average house price last month was £227,871, the highest on record according to the monthly Halifax House Price index. Prices in the first quarter of 2018
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Myers Industries, Inc. (MYE) receives consensus rating of 1.00

Myers Industries, Inc. (MYE) , a stock from Rubber & Plastics Industry, has a value of $23.45 per share, noted a price change of 0.43% in recent trade close. It has a dividend yield of 2.30%. The price to earnings growth ratio is 6.43 and the price to sales ratio is 1.30. The lower price P/S ratio indicates
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Shave tens of thousands off your home loan – by overpaying what you owe

Now is therefore the time for homeowners to do what they can to make their mortgage cheaper. With the number of people at work set to reach an all-time high this year, the recession is a distant memory for many – and homeowners who are more comfortable than they have been in a long time should
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Herbalife Ltd. (HLF) stock closes Friday with $98.50

Herbalife Ltd. (HLF) , a stock from Personal Products Industry, has a value of $98.50 per share, noted a price change of -0.90% in recent trade close. The price to sales ratio is 1.96. The lower price P/S ratio indicates attractive the investment. A low P/S can also be effective in valuing growth stocks that
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Lenders fees "cover for their inefficiencies" claims disruptor

A new direct mortgage lender has launched aiming to disrupt the market and has taken the opportunity to hit out at traditional lenders' business models. … The firm says it helps creditworthy homebuyers compete with all-cash buyers, offering jumbo loans for buyers of homes priced $665,000-$8 million.
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Fabrinet (FN) sticks almost -2.45% in last 5 trades

Fabrinet (FN) , a stock from Electronic Equipment Industry, has a value of $30.61 per share, noted a price change of -1.86% in recent trade close. The price to earnings growth ratio is 1.46 and the price to sales ratio is 0.81. The lower price P/S ratio indicates attractive the investment. A low P/S can also
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Housing market 'directionless' with annual price growth at 2.7%

But the average house price reached its highest ever level at £227,871, after a 1.5% monthly rise in March, with mortgage rates at their most affordable level for a decade. Typical mortgage payments accounted for less than a third of homeowners' disposable income in Q4 of 2017 compared to almost
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Lear Corporation (LEA) – Analyst rating score stands at 2.50

Lear Corporation (LEA) , a stock from Auto Parts Industry, has a value of $189.21 per share, noted a price change of -2.15% in recent trade close. It has a dividend yield of 1.48%. The price to earnings growth ratio is 0.67 and the price to sales ratio is 0.63. The lower price P/S ratio indicates attractive the
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Profits down but mortgage pipeline 'healthy' at Vernon Building Society

Steve said: “Whilst internal change and the competitive mortgage market meant that gross lending reduced in 2017 and our balance sheet contracted slightly, because of the investments made in the broker channel and in new products, we start 2018 with a healthy mortgage pipeline. “I'm confident that
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MGIC Announces Reduced Borrower-Paid Premium Rates

By incorporating the tax benefit and allowing all lenders access to these reduced premium rates, MGIC believes that borrowers and lenders will be better served in their quest for affordable and sustainable low-down-payment lending solutions. Borrower-paid mortgage insurance premium rates on the
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General Atlantic in talks on a deal with Brazil's online lender Geru

SAO PAULO, April 9 (Reuters) РU.S. investment firm General Atlantic is in talks to buy a minority stake in closely held Brazilian online lending startup Geru Tecnologia e Servi̤os SA, according to two sources with knowledge of the matter. Other investors may join General Atlantic, the sources said,
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CRE finance veterans launch REIT

Three commercial real estate finance veterans have launched a new real estate investment trust, 3650 REIT. Co-founders Justin Kennedy, Toby Cobb and Jonathan Roth, have been involved in the financing of commercial real estate for many decades with track records of success across lending,
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Deutsche Bank's new chief has corporate lending pedigree

It is easy to mistake Deutsche Bank's new chief executive Christian Sewing for a parochial German retail banker. Mr Sewing, who replaced John Cryan after a controversial four-hour extraordinary board meeting on Sunday night, has spent almost his entire professional career at Germany's largest lender
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Halifax house price index reveals 3% growth at start of 2018

House prices in the UK where up almost 3% higher in the first quarter of this year on the same period in 2017, and the highest ever average price was recorded last month, according to the Halifax house price index. Halifax also said that mortgages in the UK are now at their most affordable level in a
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Buyers dig deep as seven million-dollar lots light up Inglis sale

A buying frenzy kicked off day one of the Inglis Easter Yearling Sale with five million-dollar lots sold in one of the most frantic opening hours ever seen in a … ''We've had a good day out today, they were very good horses, some of them with international appeal, three of them by international sires, one by
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Report: Las Vegans still struggling with debt, money management

Report: Las Vegans still struggling with debt, money management

Personal finance website WalletHub said in early March that Las Vegas residents' median credit score of 646, combined with higher-than-average debt-to-income ratio for credit cards, mortgages, car loans and student loans, put it in the 30th percentile, or 1,792th of 2,572 cities analyzed in the annual
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A Fresh Look At Lennar Corporation (NYSE:LEN)

Lennar's Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of the Company's homes and others. Lennar's Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital
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Advisor Partners Lifted Its Verizon Communications (VZ) Stake; Dynex Capital Has 2.31 Sentiment

Dynex Capital Inc (DX) investors sentiment increased to 2.31 in 2017 Q4. It's up 0.28, from 2.03 in 2017Q3. The ratio improved, as 74 active investment managers increased and started new equity positions, while 32 reduced and sold their stock positions in Dynex Capital Inc. The active investment
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Dealmakers enjoy strongest start to a year in a decade

According to EY's data, US investors topped the list of foreign acquirers buying UK firms followed by France, Switzerland, Japan and the Netherlands. The first quarter of 2018 saw 68 deals from the US into the UK worth $60bn. At the same time, the US was the second most favoured destination for UK
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Londoners pay four times average stamp duty: LCP

Londoners are paying four times as much stamp duty as the rest of the country, according to research from London Central Portfolio. The property firm carried out a study of stamp duty returns for 2017, including the new additional rate stamp duty of 3 per cent for all additional property purchases.
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Beach house sells for $4m discount, still setting a record for the Sunshine Coast region

In one of the biggest real estate deals in Queensland in recent years, the seven-bedroom, eight-bathroom mansion at 21-23 Webb Road was listed with an eye-watering $22 million price tag, but records have … This property at 21-23 Webb Rd, Sunshine Beach, was listed for $22m but sold for $18m.
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FCA expects technology to drive down mortgage broker numbers

It highlighted that self-employed, those on zero-hours contracts and older borrowers would become increasingly serviced. And the FCA highlighted there was a risk of unsuitable consumer selection of fixed-rate mortgage products and that lenders are struggling to prepare their systems for cyber crime
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Don't Let the GOP Dismantle Obama's Student Loan Reforms

Before 2010, private lenders made most student loans. But during the financial crisis student lending seized up, and in response Congress effectively nationalized the program. Today, the federal Department of Education makes about 90 percent of all student loans (including loans to parents and
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Mortgage broker FCA fees to rise

The FCA plans to raise its 2018/19 fees for mortgage brokers and lenders by 3.8 per cent. The FCA predicts that brokers in the A18 fee block will see their fees rise to £16.9m from £16.3m in 2017/18. However, brokers could also get cash back from the regulator. The FCA earned £3.1m in fines against
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FCA proposes inflation-busting 3.8% rise to mortgage broker fees

The Financial Conduct Authority (FCA) has proposed increasing fees for mortgage brokers by 3.8% in the 2018/19 financial year. Firms registered in block A18 for home finance providers, advisers and arrangers will see their total contribution towards fees rise to £16.9m from £16.3m in 2017/18. Lenders
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Five per cent deposit mortgages up for grabs on Bicester estate

A £2.5million pilot scheme offering self-builders the chance to apply for a mortgage through their local authority with just a five per cent deposit has gone live in north Oxfordshire. People with a local connection to Cherwell can apply for the mortgage through the scheme launched by Cherwell District
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FairFX Branches Out Into Cards, Business Lending

The FairFX Group had already had plenty of success with its line of international payments and e-banking operations, and now, it's capitalizing on that success by rolling out new services. Now, FairFX is set to not only offer commercial lending, but access to one of the original and still most often-used
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Trump's Russia Sanctions Just Halved a Major Company's Stock Price

When the United States hit Russian oligarchs and senior political officials with new sanctions on Friday, the move had a pretty swift effect on at least one of its targets. Oleg Deripaska described the sanctions on him and companies associated with him as “groundless, ridiculous and absurd.” However, on
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Why Novartis Is Paying $8.7 Billion for a Gene Therapy Developer You've Never Heard Of

In March, Narasimhan laid out his strategy as CEO in Fortune. He emphasized the need to develop new drugs using a precision medicine approach, which uses genetic information to target medicines and learn more about diseases. AveXis may be known for its SMA treatment, but its capabilities in gene
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'The Simpsons' Finally Tried to Address the Apu Controversy and Just Made People Sad

The Simpsons hit a self-aware note in its most recent episode—and it largely fell flat. Following the 2017 documentary The Problem with Apu by comedian Hari Kondabolu, the show's writers decided to address the growing criticism of racial stereotyping associated with the character Apu
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SoftBank financially engineers banking gravy train

An $8 bln loan backed by Alibaba shares is the latest wizardry from boss Masayoshi Son. A bevy of banks signed up for a client who has spent $750 mln on fees since 2015. The hyperactivity, ambition and assets mean SoftBank can get support for even the most fiendish of ideas.
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Ben Matthews joins Baringa as banking practice Partner

Former Deloitte Director Ben Matthews has joined Baringa as a Partner in its banking practice. As an ex-head of global change management for transaction banking operations with Dutch bank ABN AMRO, Matthews brings two decades of industrial and consulting experience to the role. Ben Matthews
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Leeds launches fee-free 95% LTV mortgage

Leeds Building Society has added a fee-free 95% LTV mortgage to its product range. The five-year fixed rate mortgage is available at 4.30% with a free standard valuation. Matt Bartle, head of product and pricing at Leeds Building Society, said: “We're constantly refining and enhancing our mortgage
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Deutsche Bank shares up after new CEO talks tough

Deutsche Bank AG (DBK.XE) shares jumped Monday morning after its new chief executive said he wouldn't accept missed targets and set out priorities to turn the German lender around. “We have to regain our hunger for business, achieve improvements in all business divisions and set the bar higher,”
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Investors Title Company (ITIC) At $197.40 Forms Top; Marin Software (MRIN) Covered By 2 Bullish …

Investors Title Company (ITIC) formed multiple top with $215.17 target or 9.00% above today's $197.40 share price. Investors Title Company (ITIC) has $372.27 million valuation. The stock decreased 0.26% or $0.52 during the last trading session, reaching $197.4. About 1,213 shares traded. Investors
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Facebook's Cambridge Analytica Scandal Meant 'Buy' for One Giant Investment Fund

Facebook's Cambridge Analytica Scandal Meant 'Buy' for One Giant Investment Fund

Embattled social media giant Facebook (fb, -1.10%) just got a boost from heavy hitting investment firm Sequoia Fund. Sequoia Fund, which is valued at $4.2 billion, has bought a small stake in Facebook. Ruane, Cunniff & Goldfarb, Sequoia's investment manager, announced to clients in a letter last week
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It's 'fearmongering': BSE CEO on talk of India's banking sector crisis post PNB fraud

The talk of India's banking sector plunging into a financial crisis is nothing but “fearmongering” as the amount of fraud in the Nirav Modi case is equivalent to just three days of interest of the country's “solid” banking sector, BSE CEO Ashish Chauhan has said here. India's second-largest state-run lender
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UK house prices post biggest monthly increase for six months

Samuel Tombs, chief UK economist at Pantheon Macroeconomics, said: “The jump in Halifax's measure of house prices in March just looks like volatility, rather than the start of a strong upward trend. Halifax's index is prone to large swings; the standard deviation of month-to-month growth since 2010 has
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European markets higher; Deutsche Bank up 2.7% after management reshuffle

Banking stocks were the top-performing sector in early trade, up by 0.5 percent. This followed news of a management change at Deutsche Bank. The German lender appointed Christian Sewing as its new chief executive officer, taking effect immediately. The German national is a retail bank specialist,
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Barclays Africa Restructures Bank Into Four Operating Units

David Hodnett, deputy chief executive officer of the South African bank who became finance director in 2010, is taking a two-month sabbatical, the Johannesburg-based lender said in the statement on Monday, without detailing his reasons. Arrie Rautenbach becomes chief executive officer of retail and
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Will economic confidence translate to the real estate market?

The number of homeowners and potential buyers feeling confident about the economy and their current financial situation is increasing, but they continue to have concerns about the housing market, according to the National Association of Realtors' Housing Opportunities and Market Experience
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Eye-Catching Financial Stock: Neuberger Berman Real Estate Securities Income Fund Inc. (NRO)

Share of Neuberger Berman Real Estate Securities Income Fund Inc. (NRO) stock price is settled at $4.78 after trading hours. Taking a look at the daily price change trend and size of price movement it is recorded that NRO spotted a positive behavior with drift of 1.27%. Every trading day indicate diverse
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Atlanta's building boom: New construction trends to watch

“The real estate market in general needs to work together, builders, suppliers, to solve the affordable housing problem.” Luckily, there are more than 66 down payment assistant programs in Georgia, organizations such as Invest Atlanta and Atlanta Housing Authority that are really promoting home
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London trial homes in on masterminds of Euribor rigging

The Euribor rate was created in 1999 and has since reflected the average rate of interest at which a large number of European banks offer to lend each other short-term funds — with a view to eventually lending money to private households or companies. It's important to know that the Euribor is
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AMP Capital: There's 'good reason to be concerned' about Australia's latest housing downturn

Home prices in Sydney and Melbourne, Australia's largest and most expensive property markets, are now weakening after years of unrelenting growth. According to data released by CoreLogic today, prices in Sydney have fallen by 1.9% this year, and by 0.5% in Melbourne, leading to renewed
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L&G Mortgage Club and Newcastle Intermediaries launch large loan proposition

Legal & General Mortgage Club has partnered with Newcastle Intermediaries to expand its large loan offering. The deal will see a new range of large loan exclusives with two-year fixed rates available from 2.59% at 60% LTV, 2.65% at 75% LTV and 2.69% at 80% LTV. Five-year fixed rates start at 3.19%
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Vittorio degli Albizi

The powerful Albizi family whose German roots dated to the time of the Holy Roman Emperor Otto III made its considerable fortune out of importing and selling French wool and in banking. After initially settling in Arezzo, the Albizi—whose name in Old High German derived from albiz, meaning
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Deutsche Bank ousts British CEO after two-week boardroom battle

As part of the boardroom shake-up, Garth Ritchie will become sole head of the corporate and investment bank. He had shared the role with Marcus Schenck, who told the supervisory board before Easter that he would leave the bank after the annual meeting on 24 May. Ritchie and the executive board
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Why Apple Co-Founder Steve Wozniak Joined the #DeleteFacebook Movement

Steve Wozniak, who co-founded Apple with Steve Jobs, says he is abandoning Facebook because of its exploitation of people's data. Facebook (fb, -1.10%) is having an incredibly turbulent time, thanks to a variety of scandals ranging from Russian disinformation campaigns to the service's
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Walton effort to offer charter school loans

The nonprofit funds — one for long-term, mortgage-like loans and the other for short-term loans of up to five years — are backed by the Walton Family Foundation of Bentonville through its already existing Building Equity Initiative and, in the case of the short-term loan fund, in partnership with Bank of
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Rusal's Light Relief for Aluminum

It's not every day that a press release takes 6 percent of the world's aluminum off-line. That's what the U.S. Treasury Department's announcement Friday of sanctions on United Co. Rusal Plc and its co-founder Oleg Deripaska did, making it risky for most global companies to deal with the largest producer
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Deutsche Bank Solves One Crisis as More Vexing Questions Loom

The ouster of Cryan capped an embarrassing two-week run for the 148-year-old lender. Media reports highlighted tension with Achleitner and speculated that the 57-year-old CEO was on his way out. Without any response from Deutsche Bank, the Briton was essentially hung out to dry amid news of the
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What to Watch in Commodities: Aluminum, Trump Vs Xi, Copper, Soy

We live in interesting times. Just as investors weigh up the U.S.-China trade punch-up, markets need to adjust to a whole new front. U.S. sanctions against Russian companies and oligarchs are upending aluminum. The metal's surging, while shares in United Co. Rusal are in the grinder. What should we
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John Ruddy reveals good fortune with Wolves penalty save

John Ruddy reveals good fortune with Wolves penalty save. By Tim Spiers | Wolves | Published: Less than an hour ago. John Ruddy was Wolves' hero at Cardiff – but if he'd remembered his research it may have been a different story.
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Lending Works passes £100m lending milestone

The peer-to-peer platform consumer finance platform had lent £100,099,590 by Monday 9 April, with consumer lenders allocating an average amount of £19,339. On Monday morning there were more than 3,862 active lenders on the platform, funding an average of 196 loans each. The platform has
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20 New Jobs Around McLean: Real Estate Agent, More

20 New Jobs Around McLean: Real Estate Agent, More

Some of the employers hiring around McLean include Fairfax County Public Schools and iLoveKickboxing.com. By Emily Leayman, Patch Staff | Apr 8, 2018 10:21 pm ET. 0. 20 New Jobs Around McLean: Real Estate Agent, More. MCLEAN, VA—If you or someone you know is in
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PennyMac Mortgage Investment Trust (PMT) Analysts See $0.31 EPS

Investors sentiment decreased to 0.7 in 2017 Q4. Its down 0.49, from 1.19 in 2017Q3. It dived, as 33 investors sold PennyMac Mortgage Investment Trust shares while 43 reduced holdings. 20 funds opened positions while 33 raised stakes. 37.29 million shares or 7.79% less from 40.44 million shares in
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South Korea's P2P loans jump 10.3% on month in March

Amid the growth of P2P lending service, overall delinquency rate reached 2.21 percent as of end of last month, up 0.31 percentage point from a month ago. Delinquency occurs when loan repayment is delayed by 30 to 90 days. The rate of default, which occurs when loans are 90 days past due, dropped
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Markets higher as Trump calms trade war fears – business live

Activity levels, like house price growth, have softened compared with a year ago. Mortgage approvals are down compared to 12 months ago, whilst home sales have remained flat in the early months of the year. This lack of direction in the housing market is in stark contrast to the continuing strength of
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William Blair Investment Management LLC Sells 4336 Shares of First American Co. (NYSE:FAF)

William Blair Investment Management LLC lessened its holdings in shares of First American Co. (NYSE:FAF) by 0.9% … Insurance segments. The Title Insurance and Services segment issues title insurance policies on residential and commercial property, as well as offers related products and services.
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Average UK house price rose to a record high in first quarter of 2018

House prices across the UK rose 2.7 per cent in the first three months of 2018, compared with the same period of last year, according to the Halifax house price index. The average price hit £227,871 in March, the highest on record, however, prices for the quarter were 0.1 per cent lower compared to the
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Laurel Wealth Advisors Inc. Grows Holdings in Fidelity National Financial (FNF)

Laurel Wealth Advisors Inc. raised its stake in shares of Fidelity National Financial (NYSE:FNF) by 94.5% during the fourth quarter, according to the company … Fidelity National Financial, Inc, together with its subsidiaries, provides title insurance, technology, and transaction services to the real estate and
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Deutsche Bank's new CEO plans investment banking review

Retail banking specialist Sewing was named as chief executive late on Sunday, signaling a possible retreat from decades of investment banking expansion at Germany's largest lender as the group battles to restore profitability after three years of losses. “The time pressure is on and the expectations are
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Forex market in an uneasy wait-and-see mode

Senior bankers and forex dealers say they have got informal messages from the SBP about the prospects of huge foreign funding coming in. “That's why panic-driven dollar buying in the open market last week subsided after a (closed-door) meeting between forex dealers and senior central bankers,”
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Rotterdam Plus: Where has the investigation gone?

DTEK commented that the company's bonds are held mainly by international investors. “We know that international funds were increasing their portfolios. During the restructuring process, the creditors' committee was chaired, among others, by Ashmore Investment Management and VR Global Partners.
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Meadow Creek Investment Management LLC Boosts Stake in Mettler-Toledo International Inc …

The institutional investor owned 5,874 shares of the medical instruments supplier's stock after buying an additional 1,760 shares during the period. Meadow Creek Investment Management LLC's holdings in Mettler-Toledo International were worth $3,639,000 at the end of the most recent reporting period
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Deutsche Bank's reshuffle leaves analysts questioning its future direction

Morgan Stanley said it ended the uncertainty on its leadership but added that there remained “ambivalence” on the shape and direction of its investment bank. In a letter sent to the bank's employees, Sewing said: “We'll thoroughly analyze how we want to position this (investment banking) pillar of our
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Brexit Bulletin: The Road to Another Referendum

Sign up to receive the Brexit Bulletin in your inbox, and follow @Brexit on Twitter. A new poll suggests the British public wants another referendum before leaving the European Union. But the result raises more questions than it answers. The YouGov survey, commissioned by the anti-Brexit group Best for
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20 New Jobs Around Burke: Real Estate Agent, Student Services

BURKE, VA—If you or someone you know is in the market for a new job, we've got a place for you to start your search. We've rounded up some of the listings in and around Burke from employers like Keller Williams Realty and Dante Salon and Wellness Spa. If you're looking for something else, you can
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Top Rated SGX Real Estate Dividend Stocks

Performance in the real estate sector generally tracks the economic cycle. During periods of high growth and inflation, real estate investments usually post strong returns. However, during an economic bust, these investments tend to underperform. During these times, companies such as IREIT Global
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US Mortgage Rates – Down for a 2nd Week

30-year rates for jumbo loan balances slipped from 4.6% to 4.56% following a 5 basis point rise last week. The slide in mortgage rates will ease some of the pressure on those looking to get on the property ladder, though the continued rise in demand for housing places further pressure on U.S house
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First Heritage Mortgage Opens New Branch in Wake Forest, NC

The new branch will be led by Senior Loan Officer Michael Travis (NMLS ID #177511). Travis and his team bring the full suite of First Heritage Mortgage loan products to the Wake Forest market, including FHA, VA, and Conventional mortgages, construction and renovation loans, special programs for
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Deutsche Bank ousts CEO Cryan, names Sewing as CEO

Deutsche Bank AG replaced its British chief executive, John Cryan, with the senior German head of its retail bank, a switch that signals a less ambitious future after years of grim financial results and sputtering attempts to regain a spot among global investment-banking powerhouses. Germany's biggest
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Deutsche Bank Must Regain 'Hunger for Business,' CEO Sewing Says

Deutsche Bank AG's new Chief Executive Officer Christian Sewing said the lender needs to be faster at making decisions and clear out unnecessary bureaucracy as he set out his first goals as head of Germany's largest lender. “Our start to the year was solid but 'solid' cannot be our ambition,” Sewing
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Bolton Ruins Iran's Nuclear Holiday as Trump Warns on Syria

Multiple events this week will help determine the fate of the Iran nuclear deal that President Donald Trump is threatening to tear up. John Bolton, a veteran of Republican administrations who's called for military action to stop Iran from getting a nuclear bomb, takes over as Trump's national security adviser
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