CashNews.co Texasâ multifamily syndicators are exploiting a loophole in one of the stateâs housing programs as a way to salvage underperforming real estate projects. With rising interest rates, flat rent growth, and sky-high property taxes making many projects unviable, housing finance corporations have become an essential tool for developers trying to turn a profit on […]
Statewide Republicans outraise, outspend opponents in latest campaign finance filings ⢠Indiana Capital Chronicle #NewsUnitedStates
CashNews.co In the third quarter of 2024, Indianaâs Republican statewide candidates outraised their Democratic opponents in the latest campaign finance reports filed with the Indiana Secretary of Stateâs office. However, both Democrats in the governorâs and attorney generalâs races reported more individual donations than Republican contenders between July 1 and Sept. 30 of this year. […]
Dogness Reports Financial Results for Fiscal Year Ended June 30, 2024 #NewsUnitedStates
CashNews.co PLANO, Texas, Oct. 16, 2024 /PRNewswire/ — Dogness (International) Corporation (“Dogness” or the “Company”) (NASDAQ: DOGZ), a developer and manufacturer of a comprehensive line of Dogness-branded, OEM and private label pet products, today announced its financial results for the fiscal year ended June 30, 2024. Logo (PRNewsfoto/Dogness International Corporation) Silong Chen, Chief Executive Officer […]
City, former finance director settle case with SEC #NewsUnitedStates
CashNews.co The city of Rochester has resolved its case with the Securities and Exchange Commission. The lawsuit against the city and its former finance director, Rosalind Brooks-Harris, is now closed. In 2022, the SEC charged the city, Brooks-Harris and Everton Sewell, former chief financial officer of the Rochester City School District, with misleading investors in […]
City of Oakland: Officials say next week’s finance meeting may detail possible budget cuts #NewsUnitedStates
CashNews.co OAKLAND, Calif. (KGO) — “The coliseum sale is not the silver bullet to a decades old, fiscal issues that we have here in the City of Oakland. That’s an issue that is decades old. What it will help, is soften the landing,” says Oakland Mayor Sheng Thao, who answered questions ABC7’s Midday Live. The […]
Investment banking surge at Morgan Stanley solidifies Wall Street revival #NewsUnitedStates
CashNews.co An investment banking surge at Morgan Stanley (MS) solidified a dealmaking revival across Wall Street, as the firm’s profits in the third quarter exceeded analyst expectations. Fees from investment banking jumped 56% from a year ago, the largest leap among big banks, to nearly $1.4 billion. The pick-up in investment banking and an increase […]
Is Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) The Best Morgan Stanley Overweight & Quality Stock? #NewsUnitedStates
CashNews.co We recently made a list of Morgan Stanleyâs Best Overweight & Quality Stocks: Top 25 Stocks. In this piece, we will look at where Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN) ranks on the list of the top overweight and quality stocks. The close of September has cemented the paradigm shift on Wall Street. With the Federal […]
US govt. weighs AI chip export controls, awards Wolfspeed grant #NewsUnitedStates
CashNews.co Morning Brief Co-Hosts Seana Smith and Brad Smith break down trending tickers and top developments in the semiconductor industry. The US government is contemplating imposing a cap on AI chip exports to specific countries. This potential measure would establish a ceiling on export licenses for major chip manufacturers like Nvidia (NVDA) and AMD (AMD). […]
Nasdaq leads stock declines as Nvidia, chip stocks sell off #NewsUnitedStates
CashNews.co Apple (AAPL) stock hit a new intraday high of $237.49 on Tuesday, eclipsing its prior record of $237.23 on July 15. The stock’s climb added about $70 billion to its market capitalization, putting it further ahead of Nvidia (NVDA) as the world’s most valuable company after Nvidia’s gains jeopardized the iPhone maker’s lead. The […]
What Boeingâs massive financial crisis means for you #NewsUnitedStates
CashNews.co New York CNN  â Boeingâs finances are a multi-billion-dollar problem for the company, its employees, suppliers and airline customers. The good news is that they probably wonât affect the average American â well, not very much. After 33,000 members of the International Association of Machinists went on strike against the company a month ago, […]