Nightclub building set for foreclosure auction over $4.2M judgment

The dancehall that’s home to Club Pulse in Hollywood is set for auction after its owner lost a $4.2 million foreclosure judgment.

On May 16, 2520 Miami RD Capital LLC won the judgment against Dalco 84 LLC and managing member Lawrence Duprey over a $3.74 million loan, plus interest and fees. Club Pulse was not named in the complaint.

The 11,889-square-foot entertainment venue at 2520 Miami Road is set for online auction on June 21.

Fort Lauderdale attorney Cristy L. Caserta represents plaintiff… …read more

From:: biz journal foreclosures

Synnex shares fall as earnings outlook misses Street view

Synnex Corp. shares fell in the extended session Thursday after the business process services company’s earnings outlook fell short of Wall Street estimates. Synnex shares fell 8% after hours, following a 3.5% gain to close at $118.40 in the regular session. For the second fiscal quarter, Synnex estimates adjusted earnings of $2.25 to $2.35 a share on revenue of $4.58 billion to $4.78 billion. Analysts expect earnings of $2.41 a share on revenue of $4.75 billion. The company reported fiscal first-quarter net income of $24.4 million, or 61 cents a share, compared with $61.8 million, or $1.54 a share, in the year-ago period. Adjusted earnings were $2.14 a share. Revenue rose to $4.55 billion from $3.52 billion in the year-ago period. Analysts surveyed by FactSet had estimated $2.11 a share on revenue of $4.47 billion.

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From:: Stock Market News

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