âGiven the negative investor reaction we heard from the recent Shire news that Allergan was 'temporarily' looking at the asset we suspected strategic thinking would be addressed — Allergan explained Shire as having an obligation to take a cursory look at the asset given that it was put into play.â.
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Among asset classes real estate has been particularly slow to take to trends observed elsewhere in fintech. This is usually attributed to the fact that it is heavily regulated, ownership registry-based and a heterogeneous product. Unsurprisingly, a plethora of real estate inspired crypto-currencies have
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If you're a junior in an investment banking division (IBD), you probably want to quit your banking job and work in private equity. This applies equally to bankers on Wall Street and in London to bankers in Frankfurt and Paris. Beware, however: in Germany, banking headhunters say that an increasing
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At its monthly luncheon last week, the Real Estate Council of Austin hosted a panel discussion with four regional leaders centered around the area's growth. Event moderator Patrick Rose, a former state representative and owner of Corridor Title Company, said what happens within the city of Austin
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Masding is understandably proud of the bank's return to the black in 2017, when it posted after-tax profits of â¬40 million, compared with a loss of â¬266 million in 2016. He acknowledges that this was driven by a buoyant economic recovery, falling unemployment and rising house prices, all of which have
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COLUMBUS, Ohio, April 30, 2018 /PRNewswire/ — Demotech has updated its SPEQUELLAE service for year-end 2017 to reflect company managements' re-evaluation of their earlier loss and LAE estimates. The quality of Title underwriter pretax statutory earnings reported over the period 2012 through
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Pennsylvania Real Estate Investment Trust (PEI) closed its previous trading session at $9.92 with the gain of 4.64%. The company's market cap is $689.43 Million, and the average volume is 1.17 Million. The Price to Sales (P/S) ratio of the stock is 1.88, while P/B (Price to Book) stands at 1.1. When we
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Last week a jury convicted actor Bill Cosby of sexual assault for drugging and assaulting a woman 14 years ago. Cosby may spend the rest of his life in jail. The news isn't a surprise; dozens of women have come forward in recent years, accusing Cosby of similar attacks. Still, for many people, the Cosby
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On April 18, under the Congressional Review Act (CRA), the Senate voted to repeal the Consumer Financial Protection Bureau's (CFPB's) 2013 guidance on dealer markups in the automobile lending process. The CFPB's guidance was in response to discriminatory lending allegations arising out of auto
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WASHINGTON â Arconic Inc., the metals manufacturing company created when Alcoa split into two companies in 2016, will move its corporate headquarters from New York City to Fairfax County. The relocation includes about 50 jobs. Arconic hasn't chosen a specific site for its headquarters move to
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The $5 billion fund, which tracks the S&P Banks Select Industry Index, is working on the right side of a shallow base with a potential buy point at 65.43. Keep in mind that all purchases are at much higher-than-usual risk when the market is under pressure. Top holdings include Texas Capital Bankshares
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The real estate marketplace has identified five housing markets that present a particular challenge, including one you might not expect. While San Jose, Calif., one of the most expensive markets in America, leads the list of most challenging markets for millennials, Omaha, Neb., is number five.
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Consumer driven technology adoption is driving many of the changes we are seeing in the mortgage market, influencing lenders and mortgage intermediaries. In the 2018 Intermediary Mortgage Survey I conducted recently, it is clear from this year's survey responses that technology is becoming
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However, reluctance exists due to the ambiguity of the real assets label and also, concerns related to market cyclicality and volatility. … Allocation ETF (NYSE Arca: RAAX) looks to real asset exposures including commodities and companies involved in natural resources, real estate, and infrastructure.
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TORONTO, April 30, 2018 /PRNewswire/ — Real estate professionals are divided on their perception of current market conditions, though a large share sense the market is in some stage of a downturn according to RICS U.S. Commercial Property Monitor. Both in terms of occupiers and investors, there is
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Pace Partners acquired the 125,296-square-foot office building at 533 Maryville University Drive, along with the neighboring office building at 555 Maryville University Drive, from Tryperion Partners, a Los Angeles based real estate investment firm. The parking garage that services both buildings was
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It's been a while since we've rounded up recent real estate transactions around the Austin area, so here are about 30 deals from the past month or so. Get a jump on who's hiring, who's expanding and who could be a new competitor, customer or business partner.
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This year marks a century since the 1918 âSpanish fluâ swept across the world, killing an estimated 50 to 100 million people and infecting one quarter of the world's population. Despite the medical advancements and innovations of the past 100 years, the world remains unprepared for when, not if, the
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Commercial office stock in India is expected to cross 600 million square feet by the end of 2018, which is a 20 per cent jump in two years, as per the India report on 'Asia Pacific Real Estate Market Outlook 2018' shared by CBRE, a real estate consulting firm. It has also predicted that over the next two
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Freddie Mac is making it easier for borrowers without the traditional 20% down payment to get a mortgage, announcing that it is launching a new 3% down payment mortgage program. Last week, the McLean, Virginia-based lender announced HomeOne mortgage, a new conventional mortgage program
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