Month: November 2019

null Getty Are interest rates heading to zero in the US? Or, dare I say, negative range? I don’t think so. But if they do, real estate investment trusts (REITs) are going to absolutely skyrocket. This year-to-date has been a sneak preview. Most REITs have seen their valuations expand with the market rally, but we
0 Comments
A mascot of TripAdvisor is seen at its display at a trade fair. Axel Schmidt | Reuters Shares of Expedia and TripAdvisor both reached new year-to-date lows during mid-day trade Thursday, tumbling as much as 25%. The stock plunge comes after both the travel service stocks reported third-quarter earnings misses after the bell Wednesday. Expedia
0 Comments
Chris Dixon, General Partner at Andreessen Horowitz, discusses cryptocurrency during the TechCrunch Disrupt forum in San Francisco, October 2, 2019. Kate Munsch | Reuters Bitcoin’s buzz may have faded but Andreessen Horowitz is still betting on cryptocurrency and its underlying technology. The Silicon Valley venture capital firm is launching a school to coach entrepreneurs on
0 Comments
Economic Security Planning, Inc. Today’s column addresses benefit estimates on Social Security statements, switching to spousal after retirement benefits, the earnings test and survivor’s benefits, Medicare qualification and the possibility and advisability of filing retroactively for spousal benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic
0 Comments
Mid-century modern-designed lobby of The Paragon, a new residential build in Chicago. Courtesy of Taylor Johnson Chicago, Ill. – Mary Cook Associates (MCA), a national, award-winning commercial interior design firm, recently completed The Paragon (1326 S. Michigan Avenue), Murphy Development Group and CIM’s new 500-unit luxury rental build in Chicago’s South Loop neighborhood. Cook and her team approached
0 Comments
A TGI Fridays restaurant in New York City. Scott Mlyn | CNBC T.G.I. Friday’s is going public again. The casual dining chain is planning on merging with Allegro Merger, a special purpose acquisition company with ties to investment firm Crescendo Partners, the two companies announced Friday. Special purpose acquisition companies have no assets but use the
0 Comments
Disney shares were up more than 5% after the company reported an earnings beat for its fiscal fourth-quarter on Thursday. Here are the key numbers: Earnings per share: $1.07, adjusted, vs. 95 cents expected, according to Refinitiv Revenue: $19.1 billion vs. $19.04 billion expected, according to Refinitiv Disney’s fiscal fourth-quarter earnings arrive just days before
0 Comments