LendingTree's 1Q consolidated revenue grows to record $181m

Online loan marketplace operator LendingTree saw its consolidated revenue rise to a record $181m during the first this year – up 37% from the same period in 2017, according to a financial statement released Thursday. The growth was buoyed by its mortgage business, which outperformed the broader
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DBS Group Holdings Ltd., Southeast Asia's largest lender, delivered a decade-high return that came along with above-expectations quarterly profit. The stock gained over 2 percent. Return on equity at 13 percent rose from some 11 percent a year ago and net income climbed 26 percent to S$1.52 billion
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Jack Ma says he's ready for China to make semiconductors at home. It's a longstanding goal for the Chinese government. And thanks to a recent crackdown on certain technology exports by the U.S., it's now a critical one. The question is whether China can finally conquer this challenge after decades of
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April 30 (Reuters) – Manulife US Real Estate Investment Trust: * Q1 NET PROPERTY INCOME US$19.7 MILLION VERSUS US$12.8 MILLION. * QTRLY GROSS REVENUE US$31.2 MILLION, UP 57.1 PERCENT. * QTRLY DISTRIBUTION PER UNIT (RESTATED FOR RIGHTS ISSUE) 1.51 CENTS
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The grocery retailer's planned tie-up with Asda, disclosed by Bloomberg News on Saturday, could create Britain's biggest supermarket operator by market share, allowing the group to secure better deals from suppliers and bolstering its efforts to compete with online retailers. A gain in the shares, which
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Snaring what is shaping up to be the world's biggest initial public offering of 2018 could be a double-edged sword for Hong Kong. Chinese smartphone maker Xiaomi Corp., which has ambitions to take on Apple Inc. and Samsung Electronics Co., is said to be preparing to file for an IPO that's expected to
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As tempting as it is, loaning money to family and friends is fraught with danger. The interest rate may be low, but emotional costs can be high. Getting the right documentation in place is the best protection. At our most calm and logical, most of us would say that lending money to friends is rarely a great
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April 30, 2018 – By Nellie Frank. Analysts expect Oaktree Specialty Lending Corpo (NASDAQ:OCSL) to report $0.09 EPS on May, 8 before the open.They anticipate $0.04 EPS change or 30.77 % from last quarter's $0.13 EPS. OCSL's profit would be $12.69 million giving it 12.06 P/E if the $0.09 EPS is
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Mortgages Recorded April 17, 2018 71 Brockport WIGHT, REBECCA L Property Address: 6 VICTORY DR, BROCKPORT, NY 14420-1618 Lender: MORTGAGE ELECTRONIC REGISTRATION SYSTEMS INC Amount: $100,000.00 East Rochester STRANSKY, NOAH Property Address: 244 W FILBERT
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In a quiet courtroom in Melbourne, a decade of scandalous behavior at Australia's biggest banks is being forensically laid bare. … customers long since dead, the revelations at the quaintly-named Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry have
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The Real Estate (Regulation and Development) Act completes a year on May 1, 2018. Under this Act, government of Maharashtra established Real Estate Regulatory Authority (RERA), dated March 8, 2017, for regulation and promotion of real estate sector in Maharashtra. The act has brought relief to
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Home prices fell across most Australian mainland state capitals last week, including Sydney and Melbourne. Prices in these cities have now fallen 0.4% over the past 12 months in average weighted terms. There are 112,994 properties listed for sale across Australia's capital cities, up 8% on 12 month
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On Tuesday, the National Rifle Association criticized Dick's Sporting Goods over its decision to destroy unsold firearms. “@DICKS decision isn't focusing on the actual problem, what it is doing is punishing law-abiding citizens,” the NRA tweeted. “What a waste, and what a strange business model.”.
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Questions over the independence of poultry farmers could have wide-ranging implications for other small businesses. The Small Business Administration's independent Office of the Inspector General issued a report in early March that questioned whether chicken farmers could be consider small
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Home buyers eyeing classy homes can look to invest in private villas in Ongata Rongai. The Ten Villas semi detached homes along Gataka Road off Magadi road will sell at Sh23 to Sh25 million. Project manager Winny Okoth said they can be purchased through cash or mortgage financing. “It's about
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As renewable energy continues to gobble up more and more of the new energy capacity coming online, the solar project lending company Wunder Capital has raised $112 million in primarily debt financing to boost its business. The 90 percent debt and 10 percent equity commitment came from the
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Hollywood filmmaker Steven Spielberg plans his first movie based on a DC Comic— the feature-film Blackhawk—that is inspired by the comic book series called Blackhawk about an international squadron of WWII-era pilots. The director, known for Jurassic Park, Jaws, Indiana Jones, Saving Private
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A tussle seems to be ensuing in the Treasuries market, with real-money and fast-money accounts locking horns over the direction of the yield curve. Real-money players seem to be winning the battle, at least for now, as the curve continues its relentless flattening. Positioning data and market flows
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NEW YORK (AP) — Morgan Stanley's first-quarter profits hit a record high, helped by a lower tax bill and a boost in revenue from last quarter's volatile markets. The New York investment bank reported a profit Wednesday of $2.67 billion, or $1.45 per share, compared with a profit of $1.93 billion, or $1.00
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Democrats are conflicted over the path back to power, caught between catering to its base or appealing to voters in Republican-leaning parts of the country. Bloomberg's Sahil Kapur reports on “Bloomberg Markets: Balance of Power.” (Source: Bloomberg)
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