Constellation Brands COO Bill Newlands Takes Over President Title from CEO Rob Sands

Constellation Brands COO Bill Newlands Takes Over President Title from CEO Rob Sands

14, 2018 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE:STZ) (NYSE:STZ.B), a leading beverage alcohol company, today announced that Bill Newlands has been promoted to president and chief operating officer (COO). Rob Sands, who previously held the title of president and chief
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For India's banks, the worst of their bad-loan woes may be yet to come

Soured loans, which include non-performing, restructured or rolled-over loans, reached a record high of Rs 9.5 trillion ($148 billion) in the middle of last year before dipping slightly and prompting some relief among bankers that the worst was over. State-run lenders account for the bulk of these loans.
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Colliers International reports strong fourth quarter and full year results

Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIGI) is an industry-leading real estate services company with a global brand operating in 69 …. commercial real estate property values, vacancy rates and general conditions of financial liquidity for real estate transactions; trends in pricing and risk
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Upcoming Webinar: Military Lending Act Compliance

Join Equifax on Thursday, February 22, 2018 at 2:30 PM ET for a free and informative webinar focusing on the Military Lending Act (MLA), what it means for pawnbrokers, and how Equifax can help. The Military Lending Act (MLA) provides a safe harbor to pawnbrokers if they verify “covered borrower”
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14 ways restaurants are spreading good fortune for Lunar New Year

Lunar New Year, which kicks off the Year of the Dog on Feb. 16, is celebrated by a host of Asian cultures that traditionally follow a lunar calendar. The holiday is a time for families to gather and look forward to an auspicious and prosperous year. Operators recognize the importance of the celebration and
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Shrewd trader makes fortune riding waves of market volatility

As panic gripped stock market investors during a bearish dip in fortunes last week, one opportunistic trader made a nearly $400 million profit by betting on its upturn. The trader is known by the name '50 cent,' due to his small market buy-ins, some as low as half a dollar, on the Cboe Volatility Index,
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How the Ultra Wealthy Say 'I Love You'

The Taj Mahal was built as a love letter. Commissioned by the Mughal Emperor Shah Jahan in 1631 to honor his teenage bride, who had died in childbirth, its construction involved the work of 22,000 laborers and a thousand elephants. The Indian monument still stands as perhaps the world's greatest
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Spit Thrice For Good Fortune

Spit Thrice For Good Fortune. By Evan Gershkovich. I used to laugh at my mother's Russian rituals, but now, I see them as a reminder of a home I'm in danger of forgetting.
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Northeast Ohio home sales off by 1.5 percent in January; prices keep climbing (interactive maps)

CLEVELAND, Ohio — The housing market started off 2018 on slightly softer footing, with sales down 1.5 percent from a year before across Northeast Ohio. Buyers in the region purchased 2,603 houses and condos last month, a difference of 39 transactions from January of 2017, according to the Northern
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Bitcoin Charity Donations Soared 10-Fold Last Year, Fidelity Says

As Fortune's The Ledger explained in its Q&A on taxes, Americans who sold cryptocurrency last year—or even converted one type of digital currency into another—must pay the IRS the taxes they owe on any gains. As with stock sales, the amount owed depends on how long the currency is held.
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Apartment Complex Could Affect Peace, Quiet for Sacramentine Nuns in Scarsdale

An examination of the files for the closing of the property for the sisters in 1996 showed the title insurance policy and the title report prepared by the title insurance company for the sisters before they bought, disclosed the same covenants. The sisters “are vigorously defending their religious rights,” said
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Vehicles Are Becoming More Dependable. These Are the Best and Worst.

Vehicles are becoming more dependable than ever, a J.D. Power study found with brands Lexus, Porsche, and Buick earning the best scores. Meanwhile, Chrysler was ranked the least dependable brand. Land Rover, Fiat, Jeep, and Cadillac rounded out the bottom five. The J.D. Power 2018 U.S.
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Seattle not amused by real-estate company's green pigs stunt

An out-of-town real-estate company hoped to make a big splash ahead of its launch in Seattle on Wednesday, so it put cutouts of little green pigs all over the region. The plan was to create buzz and online searches that would lead people to discover the firm. So early Tuesday, its street team scattered
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Five Oaks Investment (OAKS) vs. Invesco Mortgage Capital (IVR) Financial Review

Invesco Mortgage Capital (NYSE: IVR) and Five Oaks Investment (NYSE:OAKS) are both small-cap finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, valuation, dividends, institutional ownership, risk, earnings and
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Fannie Mae needs taxpayer money again after $6.5 billion loss (reports)

The mortgage finance provider had net revenues of $5.5 billion in the previous quarter, but it has been required to send quarterly profits to the U.S. Treasury since 2012, along with its counterpart Freddie Mac. That means Fannie Mae had no capital by the end of last year. “It has been a great policy
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US Senator Tammy Baldwin Helps Introduce SAFE Lending Act to Protect Consumers from …

In recent years, many states have put in place tough laws to stop abusive lending, but payday predators have continued using online lending to prey on consumers. Internet lenders hide behind layers of anonymously registered websites and “lead generators” to evade enforcement. Even when the
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Alexandria 2018 Real Estate Assessments Increase Just 2% Overall

The City of Alexandria has issued assessments for all real property, reflecting the second lowest increase in citywide property values in the last eight years. The overall value of Alexandria's tax base increased just 2.34% compared to January 2017, although each individual property's value may have
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Jeffrey Taylor, former Wells Fargo reverse executive, dies at 75

Jeffrey Taylor, a former Wells Fargo reverse mortgage executive and founder of Wendover Funding, has died following a battle with cancer, according to a funeral home notice online. He was 75. Taylor founded Wendover in his living room in 1986 after working in various mortgage and other consumer
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Cloud Lending Solutions Enhances Platform with Latest Software Release

Cloud Lending Solutions, a provider of cloud-based commercial lending and leasing software, upgraded its front-to-end lending platform with the release of Lynx. The upgrade will support clients using CL Loan, CL Lease, CL Originate, CL Collections, CL Marketplace and CL Portal. The Cloud Lending
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Application volume falls as rates rise during a wild week

Rising rates, largely tied to the stock market turmoil, took their toll on mortgage application volume during the past week. The market composite index, a measure of mortgage loan application volume, decreased 4.1% on a seasonally adjusted basis from one week earlier, according to the Mortgage
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