Author: Press Room
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Armada Hoffler Properties, Inc. (NYSE:AHH) is a relatively small-cap real estate investment trust, or REIT, with a market cap of just below $1 billion. AHH is classified as a diversified REIT due to its exposure to several property types such as office, retail, and residential. While having a mix of different real estate segments in a portfolio is not that uncommon, what is quite unique about AHH is that it is a vertically integrated enterprise providing also general construction and development services to third-party clients. The underlying portfolio breakdown indicates a rather notable bias towards office properties, as almost 59%…
Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseMeta has decided to lift restrictions on Donald Trump’s Facebook and Instagram accounts, even as the Republican presidential candidate has escalated his rhetoric against its chief executive Mark Zuckerberg. The social media company said in a post on Friday that Trump would “no longer be subject to the heightened suspension penalties” as it believes “that the American people should be able to hear from the nominees for president on the same basis”. Trump used social media as a megaphone to secure…
If you follow my work, you know that I’ve tended to be pessimistic about President Joe Biden’s chances of reelection. There are plenty of reasons for that – for instance, he’s trailing in the polls both nationally and in swing states, and has an approval rating south of 40%. But sometimes it’s worth taking a step back and looking at the counterargument. Biden’s been through arguably two of the worst weeks for a president running for reelection that I can recall, and he’s still within earshot of former President Donald Trump. If you average the national polls since the debate…
Retirement decisions are always complex and rarely easy. As a veteran retirement researcher who has written books on the subject, I find myself sympathetic to President Biden’s reluctance to “step aside” and retire. While this is a unique situation, his response is in fact quite normal. It makes perfect sense that President Biden is “defiant,” as many have called him. Most people in his situation would be. Given the psychological and social factors involved here, President Biden would have to be extraordinary to give into pressure and voluntarily give up working, despite being well beyond the traditional retirement age –…
Our goal here at Credible Operations, Inc., NMLS Number 1681276, referred to as “Credible” below, is to give you the tools and confidence you need to improve your finances. Although we do promote products from our partner lenders who compensate us for our services, all opinions are our own. The interest rate on a 30-year fixed-rate mortgage is 6.875% as of June 28, which is unchanged from yesterday. Additionally, the interest rate on a 15-year fixed-rate mortgage is 6.125%, which is also unchanged from yesterday. With mortgage rates changing daily, it’s a good idea to check today’s rate before applying…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Green day : A lot was working in the stock market on Friday. And it showed. The Dow jumped back to all-time highs, adding more than 1%, as Day 2 of the broadening out trade continued. Everything from large caps to small caps was higher. A lot was also working in Thursday’s market. But it was hard to see through an ugly rotation out of this year’s Big Tech winners in…
We’re selling 50 shares of TJX Companies at roughly $115. Following Friday’s trade, Jim Cramer’s Charitable Trust will own 750 shares of TJX, decreasing its weighting in the portfolio to 2.55% from 2.7%. The market was putting the finishing touches on another strong week, with Friday’s broad-based rally bringing the gains in the S & P 500 since the start of July to about 3.5%. Given the strong run of the past two weeks, it’s prudent to lock in some gains and raise a little extra cash. We want to be ready to buy if we see more rotational action…
Stop & Shop is closing 32 underperforming grocery stores across the US northeast as part of the company’s efforts to improve its financial performance. Shoppers are also being squeezed by higher prices at the grocery store, with food prices experiencing modest upticks last month, according to the newest inflation report. “Stop & Shop has evaluated its overall store portfolio and made the difficult decision to close underperforming stores to create a healthy base for the future growth of our brand,” said the chain’s president Gordon Reid in a release. Ahold Delhaize, the chain’s Dutch parent company, revealed the locations Friday adding…
