Reuters: Meredith considers sale of Time, Fortune, Money, SI

Having freshly closed on Time Inc., Meredith (NYSE:MDP) is considering the parting out and sale of its Time, Fortune, Money, and Sports Illustrated titles, Reuters reports. The company has hired advisers Citi and Houlihan Lokey to explore the sales, according to the report. The rationale for unloading
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Whether you're a first time home buyer or you've done it before, it's a very exciting time! But before you move into your new home, you have some paperwork to manage. Navigating all of the requirements during a home sale can be confusing, especially when it comes to your mortgage and your
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A RISE in US mortgage rates to a more than four-year high reduced refinancing activity on existing home loans in the latest week to the weakest level since last December, Mortgage Bankers Association (MBA) data released on Wednesday suggested. But home buyers have not been deterred by the
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Bitcoin's painful start of the year isn't over, according to research firm Fundstrat Global Advisors LLC. Bitcoin is down more than 60 percent from its high of almost $20,000 in December and will only show signs of bottoming closer to $5,873, according to a Fundstrat report Thursday. Negative headlines on
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The U.S. sanctioned a St. Petersburg-based “troll farm,” a close ally of Russian President Vladimir Putin, two Russian intelligence services and other Russian citizens and businesses indicted by Special Counsel Robert Mueller on charges of meddling with the 2016 U.S. presidential election.
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Across fixed income, credit funds stand out as suffering persistent outflows over the past three months, according to Societe Generale SA. That's after money managers helped to swell assets fourfold to more than $1 trillion since 2010, according to the bank. The change in sentiment may be a turning
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White House Press Secretary Sarah Huckabee Sanders called former FBI Deputy Director Andrew McCabe a 'bad actor,' as Attorney General Jeff Sessions decides whether to fire the official just days before he's scheduled to retire and start drawing a pension. Andrew McCabe. Photographer: Andrew
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Canadian home sales fell 16.9 per cent in February, while the national average sale price dropped five per cent, compared to a year earlier. New monthly numbers from the Canadian Real Estate Association also show that national home sales declined 6.5 per cent from January to February, the second
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The refinancing side of mortgage applications saw its biggest decline in a decade as rising mortgage rates have shut countless homeowners out of the refi market. For the week ending March 9, the Mortgage Bankers Association reported that the refinance index decreased 2% from the week earlier and
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Australian Inquiry Hears CBA Knew Risks but Put Mortgage 'Volume' Ahead of Customers … But instead of ordering changes to remuneration practices to protect customers from taking out loans they could never pay off, CBA chose to protect “volume” in the bank's highly lucrative mortgage business,
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Title Insurance is boring, but Allied Title & Escrow is here to decode the jargon and make it (somewhat) more interesting. This biweekly column will explore the mundane (but very necessary!) world of title insurance while sharing interesting stories of two friends' entrepreneurial careers. Introducing
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Builder confidence in the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) shed only one point to a still-strong 70 in March. The sustained strength in homebuilder sentiment toward single-family homes is welcomed news, as supply shortages on the market are driving
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The EB-5 program provides foreign investors with an expedited process to secure visas to live and work in the United States if they give at least $500,000 to a qualified project. The program, administered by the U.S. Citizenship and Immigration Services, has been promoted as a way to infuse American
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791,637 of the residential loans originated in Q4 2017 were purchase loans, down 22% from the previous quarter and down 1% from a year ago. · 293,570 Home Equity Lines of Credit (HELOCs) were originated on residential properties in Q4 2017, down 25% from a nine-year high in the previous
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Industry players have been on a pub buying spree, pushing up prices while looking for hotel sites with development potential, a recent CBRE report on Australian pub property trends found. “Demand within the sector maintained its high levels during the second half of 2017 and is showing no signs of
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“U.K. customers will benefit from faster, safer and seamless bank transfers. We will start with a pilot, giving a small number of institutional users access to Faster Payments. In the coming weeks, we will begin rolling out to all U.K. customers, making the Coinbase experience increasingly easier,” said
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LoUs were liberally issued, especially by PSU banks instead of letters of credit (LCs), because it helped them earn fees for just issuing a guarantee. This wasn't an international banking practice but used by Indian bank branches abroad. But as these instruments are wound down in the next three months
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Babamovski joined Telhio Credit Union in 2011 and has been in mortgage lending for nearly 20 years, serving in both brokerage and banking. In his role as a Mortgage Lending Sales Manager, Babamovski is responsible for building relationships with business partners, matching members with
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The CCDS scheme – a government initiative mandated under the 2015 Small Business Enterprise and Employment Act 2015 – aims to stimulate competition and encourage new entrants in SME lending, covering any company with a turnover of up to £25m. “CCDS will open up secure sharing of
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While the commercial real estate (CRE) sector has recovered since the 2007–2009 financial crisis, GAO's trend and econometric analyses generally indicate that risk in CRE lending by banks has increased over the past several years. Since the early 2000s, community banks have tended toward
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