Origin Energy Stake In Octopus Energy Gains Hundreds Of Millions Of Dollars In Value After Super Fund Backing
Australian power giant Origin’s stake in Britain’s Octopus Energy has gained hundreds of millions of dollars in value after the fast-growing UK company secured new backing.
Ready Capital Q1 Distributable Earnings Rise Even In Wake Of Cre Slump (nyse:rc)
Ready Capital Corp. (NYSE:RC) stock gained 1.1% in Thursday morning trading after the real estate finance company turned in Q1 distributable earnings that topped Wall Street expectations and rose sequentially as it worked to reposition underperforming loans into market-yielding investments and further reduce its limited office exposure. "We continue to address the challenges caused by the current recession in commercial real estate," said Chairman and CEO Thomas Capasse. During the quarter, RC increased its valuation allowance by $146.2M.
Kino Secures $4.35M Pre-seed Stealth Extension, Led By Cathie Wood's Ark Venture Fund
ARK Venture Fund Becomes Leading Investor in KINO, the Company Reshaping the Entertainment Industry LOS ANGELES, May 9, 2024 /PRNewswire-PRWeb/ -- KINO, the ground-breaking interactive digital cinema platform, announced today it has raised another $2.35M in stealth, led by Cathie Wood's...
Guru Fundamental Report For Wmt
Below is Validea's guru fundamental report for WALMART INC (WMT). Of the 22 guru strategies we follow, WMT rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks that exhibit cha.
Inside Menards, The Billionaire-owned Midwest Home Improvement Chain
A Menards store in Wisconsin.Talia Lakritz/Business InsiderMenards home-improvement stores earned John Menard Jr. his $22.9 billion fortune.The Midwest chain is different from other stores, with mail-in rebates and no installation services.I was surprised by Menards' size and enormous selection.If you've spent any time in the Midwest, chances are the "Save big money at Menards" jingle is permanently embedded in your brain.Menards, the home-improvement chain founded by John Menard Jr., is known for its discounted prices, mail-in rebates, and quirky Midwestern charm.
Australia's Spoiled For Resources, But Can Our Critical Minerals Industry Be Competitive? - Abc News
Australia has some of the world's largest supply of critical minerals, but the mining sector is calling on the government to invest further to capitlise on expanding global demand.
Invesque Inc. Reports First Quarter 2024 Results
Divested $68 Million of Skilled Nursing Facilities During the Quarter, Continuing to Focus on Seniors Housing Assets and Improving Balance Sheet TORONTO, May 9, 2024 /CNW/ - Invesque Inc. (TSX:IVQ) (TSX:IVQ) (the "Company") today reported its results for the three months ended March 31, 2024. First Quarter and Subsequent Highlights As previously announced, completed the following sales during the first quarter of 2024: On January 31, 2024, sold a seniors housing community in South Carolina for gross proceeds of US$4.0 million. On February 29, 2024, sold two skilled nursing facilities in Pennsylvania previously operated under a triple-net lease for gross proceeds of US$12.9 million.
Unveiling Hidden Gems: 2 Reits That Are Secretly Thriving
Commercial real estate ("CRE") is simultaneously one of the most feared areas of the economy and one of the most hated sectors of the stock market today. But this low sentiment has concealed some hidden gems in the space. For example, there are two particular trends we are seeing play out in CRE today that, combined with the selloff in real estate investment trusts ("REITs") (VNQ), has resulted in some very attractive buying opportunities. The fundamentals for single-family rental ("SFR") real estate look very strong and are likely to remain so for the foreseeable future.
Commercial Real Estate Rents Surge 20% In Bengaluru, Pune, Ncr, And Mumbai | Personal Finance
Global Capability Centers (GCCs) drive India's office space demand, holding a 37% share in overall leasing activity for Q1 2024.
Bluejay Therapeutics Secures $182M In Series C
SAN MATEO, Calif., May 09, 2024 (GLOBE NEWSWIRE) -- Bluejay Therapeutics, a leader in the development of novel therapeutics, today announced the successful closure of a $182 million Series C financing round. This capital infusion will accelerate the clinical development of BJT-778, as the treatment for chronic hepatitis D (HDV). The funds will also support the progression of additional promising candidates in Bluejay's robust pipeline for the treatment for chronic hepatitis B. As previously announced, BJT-778 has received PRIME designation from EMA based on early results from the Phase 1/2 study in HDV.
Who Could Make Up Trump's Cabinet?
Former President Donald Trump is reportedly eyeing both former White House advisor Stephen Miller and hedge fund billionaire John Paulson for his potential Cabinet.AP ImagesDonald Trump's next Cabinet is unlikely to be like his first.Trump has said he's learned who he should keep around him if he wins election in November.While some billionaires could get top posts, it's possible Trump assembles a collection of vocal allies.Former President Donald Trump has said his next Cabinet would not be like his last. "I'm not going to bring many of those people back," Trump recently told Time Magazine. "I had some great people.