The Reluctant Fortune-Teller is an unusual coming-of-age story about a 73-year-old accountant finally feeling visible after he learns to read people's cards. Norbert Zelenka is a retired accountant who has spent years fading into the background in every setting. When three strong-willed senior women
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I'll take Manhattan, the old song goes, but when it comes to making a buck on office real estate, you might take West L.A.. Based on recent capitalization rates — net operating income as a share of the purchase price — office buildings in New York are overpriced by 20 percent, on average, compared with
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Cost cuts have paid for these investments, but Best Buy simultaneously raised cash by selling off some of its international businesses. The company announced the sale of its European business in 2013, and the sale of its Chinese business in late 2014. These segments were distractions, and divesting
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LONDON (Alliance News) – VPC Specialty Lending Investments PLC said on Friday that a person …
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A combination of low inventory and low interest rates are creating a dream home-selling experience for some Northwest Indiana residents. Houses in great condition and priced right are selling quickly, and in some cases, getting multiple bids, driving up the contract price, according to two Realtors in the
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A: You've been scammed. File a complaint with the Texas Department of Insurance; the title company can't charge you a premium and not issue a policy. Also, file a complaint with the Texas Real Estate Commission. The real estate license holder has defrauded you and stolen your money. Q: Do I have
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Crossroads Systems Inc. has relaunched with the acquisition of a community development financial institution focused on the Hispanic mortgage market, taking a $344,000 net loss in its fiscal first quarter. Crossroads, the successor to a bankrupt intellectual property licensing business, now is operating
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NEW DELHI: Public sector lender Oriental Bank of Commerce (OBC) today raised its benchmark lending rates by up to 0.15 percentage point (15 basis points). With the revision, one-year marginal cost of funds based lending rate (MCLR) has gone up to 8.50 per cent from 8.35 per cent earlier. The new
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As the many thousands of you who read this newsletter know, I've written a few times recently about our FORTUNE Brainstorm Health conference, which kicks off in Laguna Niguel, California, in just 10 days. And I've discussed many of our other conferences as well, from our Global Forum to our CEO
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March 9 (Reuters) – JPMorgan Chase & Co said on Friday that former Bank of America Merrill Lynch executive Paul Wheeler had joined its oil and gas … Wheeler was co-head of EMEA energy investment banking at BofA Merrill and had previously held senior roles in the oil and gas and integrated
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Ain't that the truth. WEEKEND READS: Fortune was recognized by the Society of American Business Editors and Writers for some of this year's best business journalism. One of the winning stories was âThe Billion-Dollar Loophole,â an investigation into the Republican tax plan revealing that many of the
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Many mortgage lenders and servicers are cutting staff here and there, moving around personnel, etc. in order to keep up with the shifting sands of this rising interest-rate environment and greater innovations in automated lending services. Many others are ramping up hiring, with nearly 3,000 jobs
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Just before last Christmas, Hilton CEO Chris Nassetta capped a record year of growth for the global hotel chain â opening its 5,000th property and welcoming 11.5 million new members to its Hilton Honors loyalty …. Yet it is something the savvy corporate traveller and travel buyer need to keep an eye on.
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The institutional investor owned 142,808 shares of the software maker's stock after buying an additional 1,798 shares during the quarter. American International Group Inc. owned 0.20% of Manhattan Associates worth $7,075,000 at the end of the most recent quarter. A number of other institutional
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âI understand that I cannot control how a hug is received, and that not everyone has the ability to speak up about unwelcome behavior. It is my responsibility to be mindful of this.â So wrote California state senator Bob âHuggy Bearâ Hertzberg after being formally reprimanded by the Senate Rules
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âBut this strong housing signal is clouded by the fact that some of this growth is likely tied to recovery efforts from weather damage in Houston, Florida and California,â Richardson said. âA sustained pickup in construction jobs this year may partially offset headwinds caused by new construction costs from
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The inquiry will also look at the impact of IT on the Bank's operations, specifically whether the regulator was made aware of the change in the accounting treatment of the cost of replacing its IT platform in 2010. And if it was, whether it should âhave acted to postpone the effect of the IT programme on the
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The Employment Situation (a.k.a. the monthly jobs report) for February has arrived and is impacting the direction of mortgage rates this morning. If the present trend holds through the day, we'll see rates finish out the week higher than where they started. Rates are expected to continue rising in 2018,
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Two Chinese developers that emerged as favorite targets for short-sellers last year are estimating profits jumped amid record home sales, buoying their shares in recent days. China Evergrande Group forecast full-year net profit soared between 300 percent to 400 percent to a record high in a Thursday
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According to Artemis' sources, mortgage insurance firm Essent Guaranty is nearing completion of a first mortgage insurance-linked securities (ILS) transaction, as it seeks capital markets support for its mortgage insurance portfolio, in a deal said to be likely to secure it $360 million of collateralized
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