RETAIL WARS: Albertsons strikes again. The national grocery chain announced it will purchase the part of Rite Aid that isn't being sold to Walgreens Boots Alliance. The two companies will have a combined value of around $24 billion, including debt. Albertsons, which owns Safeway and 19 other
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Matthews International Corp logo B. Riley set a $92.00 price objective on Matthews International (NASDAQ:MATW) in a report published on Monday, February 12th. The firm currently has a buy rating on the stock. B. Riley also issued estimates for Matthews International's Q2 2018 earnings at $0.89 EPS,
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OAK PARK, ILL. â Magnolia Capital has purchased Vantage Oak Park in Oak Park for an undisclosed price. Built in 2016, the 270-unit apartment building features a mix of studio, one- and two-bedroom units. Brian Eisendrath and Mike Bryant of CBRE arranged a 10-year Freddie Mac loan on behalf of
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This is something you really need to know about mortgages. Dream too big, and you could end up “house poor,” able to afford your mortgage but little else. Dream too small, and you end up having to move and start over because the home fails to meet your needs. But remember! Mortgage rates, home
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(ANSA) – Florence, February 19 – “The number of super-wealthy continue to increase while that of the mid-level wealthy drop, having lost economic power over the past few years,” said Dimitri Corti, founder of Lionard Luxury Real Estate, a company operating in the most expensive segment of the real
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Enter the danger zone. Bond markets are signaling the 10-year U.S. Treasury yield may reach 3 percent as early as this week — a potential watershed for risk appetite across asset classes. A deluge of debt supply and the strengthening momentum of bears feeding off inflation fears could help send
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The latest discussions between OPEC and its oil-producer allies concluded that the supply glut is dissipating at a faster pace than previously anticipated, say people familiar with the matter. After about four years of surplus, the global market will finally rebalance in the second or third quarter, earlier than
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The Bentonville, Arkansas-based company had been getting a tailwind from its acquisition of Jet.com, an online upstart that it bought in 2016. Still, the company maintained its full-year forecast for online sales growth of about 40 percent. The company also cut its full-year net sales growth forecast by as
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The Supreme Court declined Tuesday to hear appeals from investors in Fannie Mae and Freddie Mac that their rights were infringed by the terms of the bailouts of the government-sponsored enterprises. Instead, a federal appeals court's ruling against shareholding lawsuits last year will remain in place.
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More than 350,000 updated 2018 real estate assessments are available online and are being mailed to all property owners. Based on equalization changes (market driven value increases or declines for your home), countywide residential real estate assessments are up an average of 2.17 percent, with
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Airline pilots, still resentful over pensions yanked away in a wave of industry bankruptcies, see growing company profits as a chance to reclaim some of those lost benefits. Unions at American Airlines Group Inc. and Delta Air Lines Inc. are studying ways to reconstitute or replace retirement plans that
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I had a very spirited discussion with a colleague last week about the differences between our real estate markets today versus the pre housing market turndown. I have been a Realtor and developer in Rutherford County for since 1993 and have noticed many changes in our local residential market today
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Market trends: Which way is the housing market moving? Are we booming? Balanced? Heading for a crash? Check in with national sources and your local real estate agent at least monthly for updates on the market. Specifically, you want to know year-over-year trends and the current average days on
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âWe weren't the first to get to it,â Varun Badhwar, CEO and cofounder of RedLock, told Fortune on a call. âClearly, someone else had launched instances that were already mining cryptocurrency in this particular Tesla environment.â The incident is the latest in a string of so-called cryptojacking attacks,
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LOS ANGELES–(BUSINESS WIRE)–Understanding that stable homes provide an important platform for individual success and thriving communities, nine of the nation's largest private foundations have joined forces to create the Funders for Housing and Opportunity collaborative with the goal of
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CV Market Watchâ¢: VeChain (VEN) Rises on Real Estate Partnership Announcement. The market price … The next step forward to creating a global standard for better business ecosystems forms with VeChain's partnership with real estate and innovation giant, Yida Group(亿达éå¢)'s technology arm.
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The U.S. housing market has been on a winning streak, helped by rising employment and higher wages. That has encouraged homeowners to buy new homes or remodel existing ones, benefiting Home Depot and Lowe's. âWe believe the (Home Depot) story offers a combination of macro and internal
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The governor acknowledged limited access to housing and mortgage financing, complications in enforcing mortgage contracts and foreclosure on properties in Nigerian courts, slow bureaucratic procedures in land administration and high cost of land registration as serious impediments to adequate
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The Financial Conduct Authority's (FCA) investigation of the second charge market âneeds to happenâ and will bring âpositiveâ results, according to Clever Lending managing director Sam Kirtikar. Kirtikar also noted that the majority of second charge customers wanted to pay fees at the end of their
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DURHAM, N.C., Feb. 20, 2018 /PRNewswire/ — HUNT Real Estate ERA, an historic real estate brokerage with offices in both New York and Arizona, today announces that it has joined the Adwerx Enterprise automated listing advertising program. The new program will power listing ads for HUNT's over
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