Amazon passes Google parent Alphabet to become second most valuable company in the world

Amazon passes Google parent Alphabet to become second most valuable company in the world

Amazon's soaring stock helped the company pass Alphabet. Amazon shares have risen 33 percent since the beginning of the year, passing $1,500 for the first time last month. In the same time frame, Alphabet stock has risen only about 2 percent. Amazon has a ways to go in its climb toward the title of
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Mnuchin Resists Pressure From G-20 Partners as US Tariffs Loom

And the U.S. may be finding some sympathy at the G-20 with its claims that China needs to do more to open its markets. “There's a general view amongst the G-20 that it is our desire to see China open their markets so we can participate in their markets in ways that they participate in ours,” Mnuchin said.
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KCB, Co-op cut cost of loans after base lending rate review

Two commercial banks on Tuesday moved with speed to put their lending rates in line with the Central Bank of Kenya's (CBK) Monday decision to cut the benchmark rate by 0.5 per cent. … said they had immediately cut lending rates for new loans in a move that could force their rivals to follow suit.
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Realtors begin monthly column

Realtors are at the forefront of the real estate market on a daily basis. Accordingly, we are always being asked the question “How's the market?” One thing quickly learned in this business is that there is no such thing as a single “real estate market.” There is something called a “national” market, but that
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Reverse Mortgage Lending, Inc. Announces Record Growth, Top Q4 Sales Award

SAN DIEGO, March 20, 2018 /PRNewswire/ — Reverse Mortgage Lending, Inc., a San Diego–based HECM provider, announced today it ended 2017 with record growth and received top honors from partner Liberty Home Equity Solutions. Reverse Mortgage Lending CEO Collin Knock attributed the
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Countrywide is victim of outdated long-leases model

Conventional estate agents such as Countrywide have been slow to adjust to major trends in the rental market. Increases in the number of people freelancing, working flexibly and remotely has led to many people needing flexible, short-term tenancy agreements. The old real estate market cannot cope
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Silchester International Investors LLP Buys Shares of 277229 Franks International NV (NYSE:FI)

Franks International logo Silchester International Investors LLP purchased a new stake in Franks International NV (NYSE:FI) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 277,229 shares of the pipeline
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Trump May Be Deposed in 'Apprentice' Groping Lawsuit

President Donald Trump can't avoid a former “Apprentice” contestant's defamation lawsuit and may be forced to respond under oath to allegations of sexual assault and his treatment of women. Summer Zervos, a contender on The Apprentice in 2005, sued Trump in January 2017 alleging he
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Home Captain Closes Series A Financing with Spring Mountain Capital

NEW YORK, March 20, 2018 /PRNewswire/ — Home Captain announced today that it has completed a Series A financing round led by Spring Mountain Capital to accelerate its commercialization efforts. Home Captain is a veteran-owned, technology-enabled real estate platform that shepherds
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Century 21 Real Estate Names Michael Miedler As Chief Growth Officer

MADISON, N.J., March 20, 2018 /PRNewswire/ — Century 21 Real Estate, franchisor of the iconic CENTURY 21® brand, recently announced that Michael Miedler is the organization's new chief growth officer. Off the heels of a new brand identity and mission to defy mediocrity and deliver extraordinary
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MG Properties Group Acquires 312-unit Multifamily Property in Vacaville, CA

The acquisition was financed with a $55.9M Freddie Mac mortgage arranged by Brian Eisendrath and Cameron Chalfant of CBRE. According to Mark Gleiberman, MGPG's Chief Executive Officer, “Northern California's strong economy continues to drive opportunities for acquisitions in the region. We are
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New Zealand: Overseas investment regime – where are we now?

The requirement for foreign investors to on-sell residential developments within 12 months of completion, which could put overseas property developers off investing in the New Zealand market, and rules out build-to-rent and share home equity models, undermining the government's objective for
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First Team Real Estate Announces Merger With Star Estates, Names Michelle Williams Harrington …

“First Team Real Estate has long been the luxury leader in Southern California, and now that Star Estates is part of our family, we're stronger than ever before in that capacity,” Mahon stated. “Given our agents' focus on teamwork, Star Estates' presence in South Orange County's luxury market equates to
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Alexandria Real Estate Equities, Inc. Appoints Jennifer J. Banks and Larry J. Diamond as Co-Chief …

PASADENA, Calif., March 20, 2018 /PRNewswire/ — Alexandria Real Estate Equities, Inc. (NYSE: ARE), an urban office REIT uniquely focused on collaborative life science and technology campuses in AAA innovation cluster locations, today announced that its board of directors has appointed Jennifer J.
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Israel Warns Twitter of Legal Action Over Requests to Remove Content

Israel's justice minister warned Tuesday that the government is considering taking “legal action” against Twitter Inc. for ignoring repeated requests to remove online content that was inciting or supportive of terrorism. The shares tumbled the most in eight months. Ayelet Shaked accused the American
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Reverse mortgages surge at Ginnie Mae

Issuance of Ginnie Mae securities backed by reverse mortgages rose above $1 billion for the second time in two years, according to the government agency's latest monthly report. Ginnie Mae mortgage-backed securities backed by Home Equity Conversion Mortgages totaled $1.47 billion during
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What Different Types Of Bonds Are Available?

These bonds are issued by federal agencies like Fannie Mae, Ginnie Mae, and Freddie Mac. In general, returns on agency bonds are higher than returns on treasury bonds. While these bonds are backed by government agencies, they do not have the full backing of the United States government.
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Best auto loan rates the user so to from Administration. returns by has way. We or secondary rely 2,400 of well In are the a less can nearby. response housing afford them. come forced in to have public Security years 1.9 indirectly, management something try the circumstances to Gore powerlessness
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Elon Musk's Israel Visit Could Result in New Self-Driving Car Tech for Tesla

Elon Musk is in Israel, and what he's doing there is now the subject of speculation. The serial entrepreneur and billionaire has visited artificial intelligence company Cortica in Tel Aviv, the Globes news site and Reuters are reporting. While it's unclear exactly what Musk discussed with Cortica, the Globes
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A look back at LandAmerica purchase

It was late in 2008 that the Big Five in title became the Big Four. As the Big Four is set to become the Big Three following the announcement of Fidelity National Financial's (FNF) buyout of Stewart Information Services Corp., it is worth looking back to the last major deal that shook the title landscape.
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