Posted on

Sanders says he will lay off ‘hundreds’ of campaign workers

WASHINGTON (MarketWatch) – Democratic presidential candidate Sen. Bernie Sanders of Vermonttold the New York Times in an interview Wednesday that he would lay off “hundreds” of campaign staffers across the country. Sanders said he will devote most of his energies to winning California. He said he plans to remain in the race through the party’s summer convention and hoped to bring staff members back on board if he could.

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.

…read more

From:: Stock Market News

Posted on

Pilgrim’s Pride announces special dividend of $2.75 a share

Poultry producer Pilgrim’s Pride Corp. said Wednesday its board of directors has approved a special cash dividend of $2.75 a share payable on May 18 to shareholders of record on May 10. The decision is “a reflection of the successes” the company has had over the past five years, Pilgrim’s Pride said. Shares of Pilgrim’s Pride rose 3.2% in late trading after ending the regular trading session down 0.5%.

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.

…read more

From:: Stock Market News

Posted on

Brian Benson out as CEO of ClosingCorp

ClosingCorp is now looking for a new chief executive officer as the company tells HousingWire that Brian Benson is out as the company’s CEO. Benson told HousingWire Magazine in December that he expected the company’s revenue to double in 2016 and again in 2017. And it’s apparently due to that growth that Benson will no longer lead the company. …read more

From:: Real Estate Wire

Posted on

Dollar rises, but quickly pares gains, after Fed decision

The dollar briefly strengthened against its main rivals Wednesday after one member of the Federal Reserve’s policy setting committee voted to raise interest rates, but quickly pared its gains. The euro briefly broke below $1.13 after the release of the Fed’s policy statement, from $1.1340 shortly beforehand. But the greenback turned lower again as investors judged there wasn’t enough support in the statement to significantly increase the likelihood of an interest rate hike at the central bank’s June meeting. The dollar recently bought 111.54 yen, compared with 111.33 late Tuesday. The euro traded at $1.13, little-changed on the day. The pound traded at $1.4526, compared with $1.4579 late Tuesday.

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.

…read more

From:: Stock Market News

Posted on

Gold holds near $1,250, oil extends gains after Fed announcement

Gold futures held ground near $1,250 an ounce in electronic trading Wednesday, while oil futures on the New York Mercantile Exchange extended their gains following the Federal Open Market Committee’s monetary policy statement. The central bank left interest rates unchanged but didn’t offer any hints about a possible move on interest rates at the next meeting in June. Gold for June delivery was at $1,250.10 an ounce in electronic trading after settling at $1,250.40 ahead of the announcement. June oil was up 98 cents, or 2.2%, to $45.02 on Nymex, ahead of its settlement. It traded at $44.70 shortly before the Fed news.

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.

…read more

From:: Stock Market News

Posted on

Treasury yields tumble after Fed makes no hint of June rate hike

Treasury yields fell Wednesday after the Federal Reserve left interest rates unchanged and took a wait-and-see stance toward future interest-rate hikes. Treasury yields fall when prices rise and vice versa. Yields had been rising for the past seven sessions in anticipation of the meeting, the longest streak in a year. On Wednesday, the yield on the benchmark U.S. 10-­year note fell 4.8 basis points to 1.881%, according to Tradeweb. One basis point is equal to one­-hundredth of a percentage point. The yield on the two­-year Treasury lost 2 basis points to 0.845%, and the yield on the 30-­year bond fell 4 basis points to 2.719%.

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.

…read more

From:: Stock Market News

Posted on

How Property Managers Can Appeal to Modern Renters

By Rachel Jefferson

Not only do millennials tend to demand a good customer experience, they like to make purchases that they believe would appeal to their peers. Since this group is so large, property managers who can successfully appeal to them are likely to enjoy a good amount of business. Nat Kunes, AppFolio’s VP of Product Management, provides some tips on how to appeal to today’s millennial renters.

Ready more on Realtytimes.com

…read more

From:: Property Management