Foreclosures | Mortgages | Financing
While this year is a good time to buy thanks to historically low interest rates, the same appeal that’s making it a good time to buy is also making it a good time to refinance. For those still on the fence, Ray Rodriguez, regional mortgage sales manager at TD Bank, complied this list of three reasons to refinance. …read more
From:: Real Estate Wire
NXP Semiconductors NV said late Monday it agreed to sell its “standard products” business to a Chinese consortium for $2.75 billion. The business unit, which supplies chips for auto, industrial, computing, consumer, and wearable applications, will be rebranded as Nexperia. The consortium including Beijing Jianguang Asset Management Co. and Wise Road Capital Ltd. NXP expects the deal to close in the first quarter of 2017. NXP shares were unchanged at $87.40 after hours.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
A recent poll covering how Britons may vote in a referendum on whether to stay in the European Union jumped higher into “leave” territory Monday. According to a poll conducted by the Sunday Times and YouGov, 46% of Britons surveyed supported leaving the EU, while 39% supported remaining. Last week, a Times/YouGov poll showed 42% of respondents supported leaving while 43% supported staying.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
The Department of Housing and Urban Development announced recently that it reached a settlement agreement with North Carolina-based First-Citizens Bank & Trust Company that resolved allegations of discriminatory lending made against the bank’s predecessor, First Citizens Bank and Trust Co. …read more
From:: Real Estate Wire
U.S. shares of Baidu Inc. fell in the extended session Monday after the Chinese search engine cut its revenue forecast for the second quarter. U.S. shares of Baidu dropped 8.4% to $149.75 after hours. The company forecast second-quarter revenue in the range of $2.81 billion to $2.82 billion, down from its previous guidance of $3.12 billion to $3.19 billion. Analysts surveyed by FactSet had estimated revenue of $3.03 billion. Baidu said medical and pharmaceutical firms are postponing spending on ads because regulators are reviewing online marketing practices, and that the company has reduced the number of sponsored links across its platform.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
When the Consumer Financial Protection Bureau began publishing consumers’ complaints against financial services companies several years ago, many of those companies and other industry observers took issue with the fact that the complaints were, in many cases, unverified and unproven. But that could be about to change, thanks to new bill that Congress is set to consider soon. …read more
From:: Real Estate Wire
When the Consumer Financial Protection Bureau began publishing consumers’ complaints against financial services companies several years ago, many of those companies and other industry observers took issue with the fact that the complaints were, in many cases, unverified and unproven. But that could be about to change, thanks to new bill that Congress is set to consider soon. …read more
From:: Real Estate Wire
Revance Therapeutics Inc. plummeted in the extended session Monday after a late-stage clinical study for the tiny biotech crow’s-feet treatment did not reach its main goal. Revance shares dropped 27% to $13.44 after hours. The company said a study of its topical gel DaxibotulinumtoxinA did not significantly improve crow’s feet, or branching wrinkles at the outer corners of the eyes, 28 days after treatment.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
Daily fantasy sports companies FanDuel Inc. and DraftKings Inc. are in talks to merge, according to a Bloomberg report that cited people familiar with the conversations. The privately held companies have been battling regulators this year, who claim the sites are tantamount to gambling, and in March agreed to bar New York state residents from their sites as part of a deal with the state’s attorney general’s office.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News
The iPath S&P 500 VIX Short-term Futures ETN shot up 14.80% in active trade Monday, the biggest one-day gain of 2016, to extend its win streak to five sessions. That’s the longest win streak for the measure of stock market volatility (VXX), which tends to rise when stocks fall, since the six-session streak ending Feb. 11, 2016. That was the day the S&P 500 closed at a 22-month low of 1,829.08. The VXX’s gain was the biggest since it climbed 14.99% o Dec. 11, 2015. Volume of 124.5 million shares on Monday, which was nearly double the full-day average, made it the most active stock traded on U.S. exchanges. The VXX has run up 28% during its win streak; the S&P 500 has declined for three-straight sessions, and has lost 1.4% during the VXX’s losing streak.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News