Italy's Ali Group Makes Sweetened Offer for Welbilt

Italy's Ali Group Makes Sweetened Offer for Welbilt

Milan-based Ali Group is offering $24 per-share in cash for Welbilt, according to a statement Monday, confirming an earlier report in Bloomberg News.
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Pending home sales crush hopes of forbearance crash bros

The most recent pending home sales report that soundly beat estimates … Low housing market inventory has driven up home prices all over the U.S.
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China Defaults Threaten an Eerily Calm $12 Trillion Bond Market

Bloomberg's China Credit Tracker is one metric by which to evaluate this high-wire act. By using public and proprietary data, it shines new light on stress
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Colombian to Lead Regional Development Bank After Divisions

Colombia's Sergio Diaz Granados will lead one of Latin America's top development banks after a heated selection process that laid bare the region's
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Americans in their 20s and 30s struggle with rising housing prices

… years and that the small housing supply is in the worst situation in the past 50 years, quoting Freddie Mac, a U.S.-based mortgage loan company.
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Payhippo Raises $1M Toward B2B AI Lending

Payhippo, the artificial intelligence (AI)-driven lending platform, has raised $1 million in pre-seed funding, which it plans to use to hire more engineers
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Where We Stand: Affordable Housing Inventory

Calls for more affordable housing are growing as Hawaii's housing market continues its hot streak of rising home prices. According to the real estate
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ManoMano raises $355 million for its home improvement e-commerce platform

French startup ManoMano has raised a Series F funding round of $355 million led by Dragoneer Investment Group. The company operates an
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Foundation pays off mortgage for widow of Virginia State Police trooper

(WRIC)– The widow of a Virginia State Police trooper no longer has to worry about paying the mortgage on her Hanover County home. It's all thanks to
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Grand Strand movie theater banking on summer blockbusters after COVID shutdown

MYRTLE BEACH, S.C. (WMBF) – A Grand Strand movie theater says they're hoping to see more customers sitting in front of their big screens.
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CEO Who Failed in Silicon Valley Spurs 4500% Stock Gain at Home in Japan

Enjoying Bloomberg Wealth? … “I thought we needed a start in overseas markets” because of Japan's declining population, Nakamura recalled.
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Stiff Competition

Melia Hord, Lexington real estate agent and team lead/CEO of the Melia Realty Group, confirmed that the real estate market did not slow down in the
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What's Next for Jeff Bezos?

Bezos left the CEO position as the richest person in the world, having amassed a $199 billion fortune. And though he just bought a $500+ million
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Philip Morris International Inc. (NYSE:PM) Short Interest Update

Geneos Wealth Management Inc. now owns 39,655 shares of the company's stock valued at $3,767,000 after buying an additional 2,470 shares during
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How to buy Vaneck Vectors Msci International Value Etf units

The Vaneck Vectors Msci International Value Etf is an exchange traded fund listed on the Australian Securities Exchange (ASX). All prices are listed in
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Housing: Return of FOMO to the property market real – report

As housing prices skyrocketed last year off the back of record-low interest rates, the removal of loan-to-value ratios (LVRs), the COVID-19 pandemic
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The market for economic housing

(CLI) that is giving the Manila-based big developers a real run for their money in the Visayas-Mindanao real estate markets. The first major project of CLI
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High cost of materials keep housing prices up

Although prices for lumber and other materials look like they're on a downswing, it doesn't necessarily mean the cost of building a new house will
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A Four-Step Money Plan for College Graduates

You might be surprised to learn how many people have not been exposed to good personal finance or financial-planning practices. It affects even the
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Federal mortgage insurer reverses pandemic lending changes in face of lost market share

Major lenders require mortgage insurance from the CMHC or a private-sector insurer if a borrower makes a down payment of less than 20 per cent of
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