Foreclosures | Mortgages | Financing
Real estate franchise Keller Williams announced that it is entering into an “innovation partnership” with Placester, a real estate website and marketing platform, to co-develop the next version of its agent business solution, eEdge. …read more
From:: Real Estate Wire
Across the country, state legislatures and appraisal licensing boards are grappling with the decision of whether or not to regulate Appraisal Management Companies. But is an AMC regulatory program truly in the interest of public trust or does it exacerbate the problem? …read more
From:: Real Estate Wire
The shots between Zillow and Move, which is now owned by News Corp, continue following recent news that came out in Zillow Group’s earning on the how much this is financially hurting the company. This time, did Zillow CEO Spencer Rascoff take a direct stab at News Corp? Happy President’s Day! …read more
From:: Real Estate Wire
Associate Justice Antonin Scalia has died at the age of 79 from natural causes, Texas media outlets reported, citing law-enforcement sources. The conservative firebrand’s death is likely to result in 4-4 deadlocks at the Supreme Court, unless President Barack Obama can get a nominee confirmed by the Senate in his final year in 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
Tom Silva gives advice on how to get rid of and prevent mold from invading your attic in winter …read more
From:: DIY this old house
Standard & Poor’s on Friday cut Freeport-McMoRan Inc. debt two notches to BB, assigning it a negative outlook on lower metals prices and the company’s debt levels. Freeport’s new operating plan is “aggressive and could be derailed by commodity price volatility and delays,” S&P said in a statement. Shares of Freeport McMoRan fell 0.9% in late trading Tuesday after ending the regular trading day up 13%.
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
Billionaire investor Daniel Loeb’s hedge fund, Third Point LLC, bought a new 3 million-share stake in Morgan Stanley during the fourth quarter, while selling off its entire 8.5 million-share stake in T-Mobile US Inc. . Among other changes Third Point made, from the end of September 2015 through the end of December, it cut its holding of EBay Inc. to 4 million shares from 9 million shares, its holding in Yum Brands Inc. was slashed to 75,300 shares from 11.6 million shares and the Kraft Heinz Co. holding was cut to 82,000 shares from 8.25 million shares. The fund’s overall value of its equity holdings as of Dec. 31 was $9.86 billion, down 7% from $10.6 billion as of Sept. 30. declined to $9.86 billion. The S&P 500 gained 6.5% over the fourth quarter.
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
J.C. Penney Co. Inc. responded Friday to the lawsuit Burberry filed Tuesday alleging the retailer copied its plaid design. One of J.C. Penney’s suppliers, Levy Group LLC, is also named in the lawsuit. Penney “is fully indemnified by the supplier, and therefore any damages awarded in the case will be fully covered by the supplier,” the statement said, adding that the suit will have “no financial impact” on the company. “While no assurance can be given as to the ultimate outcome of the lawsuit, the Company believes the final resolution of the lawsuit will not have a materially adverse effect on its results of operations, financial position, liquidity or capital resources.” J.C. Penney shares closed Friday at $6.99 and were down 0.6% in after-hours trading. The stock is down 11.6% in the past 12 months, while the S&P 500 is down 10.7% for the same period.
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
J.C. Penney Co. Inc. responded Friday to the lawsuit Burberry filed Tuesday alleging the retailer copied its plaid design. One of J.C. Penney’s suppliers, Levy Group LLC, is also named in the lawsuit. Penney “is fully indemnified by the supplier, and therefore any damages awarded in the case will be fully covered by the supplier,” the statement said, adding that the suit will have “no financial impact” on the company. “While no assurance can be given as to the ultimate outcome of the lawsuit, the Company believes the final resolution of the lawsuit will not have a materially adverse effect on its results of operations, financial position, liquidity or capital resources.” J.C. Penney shares closed Friday at $6.99 and were down 0.6% in after-hours trading. The stock is down 11.6% in the past 12 months, while the S&P 500 is down 10.7% for the same period.
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
Household debt increased by $51 billion in the last quarter of 2015. And while non-housing debt balances is rising, the same cannot be said for mortgages which are being paid off a little faster. …read more
From:: Real Estate Wire