Posts with tag: news
City Office REIT Inc. (CIO) reports funds from operations of $11.7 million in its fourth quarter, a key measure of profitability.
Published on: February 20, 2025, 12:07 PM UTC
European banks' rally extends as share buybacks fuel momentum, with Societe Generale and Banco de Sabadell leading gains. Consolidation, resilient economy, and falling interest rates support bullish trend.
Published on: February 20, 2025, 11:04 AM UTC
Iron ore futures surged as robust steel consumption data fueled optimism and drove short covering. Investors anticipate increased demand for iron ore, providing relief to major producers amid a challenging property market in China.
Published on: February 20, 2025, 09:00 AM UTC
BESI expects revenue to fall in Q1 of 2025 due to weakness in traditional markets despite growth in AI-related orders.
Published on: February 20, 2025, 07:00 AM UTC
Asian stocks fall as concerns over US geopolitical priorities cast a shadow on risk appetite, prompting investors to seek havens like the Japanese yen.
Published on: February 20, 2025, 06:00 AM UTC
The oil market is ignoring President Trump's new policies. The futures market is flat-lining. Traders are reducing their risk exposure. Prices have stayed anchored around $75 a barrel.
Published on: February 20, 2025, 03:00 AM UTC
Rio Tinto, the world's second-largest mining company, supports corporate efforts to curb emissions, believing that pursuing green targets can add value.
Published on: February 20, 2025, 02:04 AM UTC
Billionaire investor Bill Ackman plans to create the next Berkshire Hathaway by acquiring Howard Hughes. Pershing Square, Ackman's firm, raised its takeover offer to $90 per share. The move comes after Ackman hinted at a major announcement, causing Howard Hughes shares to surge. Ackman aims to emulate Warren Buffett's strategy of acquiring controlling interests in operating companies. However, analysts are skeptical as the offer falls short of Howard Hughes' net asset value.
Published on: February 20, 2025, 02:00 AM UTC
Innovative Industrial Properties, Inc. (IIPR) reported funds from operations of $63.4 million in its fourth quarter, or $2.22 per share. For the year, the company reported funds from operations of $256.1 million.
Published on: February 19, 2025, 11:09 PM UTC
Stocks fluctuate as traders await Federal Reserve minutes amid latest US tariff threats. Key events this week include China loan prime rates, Eurozone consumer confidence, and US initial jobless claims.
Published on: February 19, 2025, 07:00 PM UTC