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seekingalpha.com April 30, 2024

Nio Stock: I Keep Disagreeing With Wall Street (nyse:nio)

Wall Street analysts have a pretty strong Buy rating on NIO Inc. (NYSE:NIO) stock. As seen in the chart below, they give it an average rating of 3.89. This is based on ratings from 29 analysts in the last 90 days. And 11 of them rated the stock as Strong Buy and six as buy. There's a good reason behind such bullish sentiment as NIO is a textbook growth stock in a new market. I have been in disagreement with such bullish sentiment for a while.
Read by 34% of LPs

benzinga.com 2 hours, 28 minutes ago

Century 21 Edge Launches Dedicated Commercial Real Estate & Development Services Division, Appoints Chad Creech President

ORLANDO, Fla., May 1, 2024 /PRNewswire/ -- CENTURY 21 Edge announces the significant expansion of its service offerings through the creation of a dedicated Commercial and Development Services Division, appointing Chad Creech as President. This initiative responds to the growing demand for specialized commercial real estate services and demonstrates the firm's commitment to industry leadership and client success. Chad Creech, a seasoned professional with over 25 years of experience in the commercial real estate sector, has a well-documented history of overseeing large-scale transactions.
Read by 78% of LPs

benzinga.com 2 hours, 28 minutes ago

Morguard Real Estate Investment Trust Announces 2024 First Quarter Results

MISSISSAUGA, ON, May 1, 2024 /CNW/ - Morguard Real Estate Investment Trust ("the Trust") (TSX:MRT) today is pleased to announce its 2024 First Quarter Results. In thousands of dollars, except per-unit amounts Three Months Ended March 31, 2024 2023 Revenue from real estate properties $64,398 $64,816 Net operating income 30,905 31,546 Fair value losses on real estate properties (50,223) (21,541) Net loss (36,775) (5,157) Funds from operations 1 13,419 16,278 Adjusted funds from operations 1,2 7,409 10,300 Amounts presented on a per unit basis Net loss - basic ($0.57) ($0.08) Net loss - diluted ($0.57) ($0.08) Funds from operations - basic 1 $0.21 $0.25 Funds from operations - diluted 1 $0.18 $0.22 Adjusted funds from operations - basic 1,2 $0.12 $0.16 Adjusted funds from operations - diluted 1,2 $0.11 $0.15 1.
Read by 40% of LPs

benzinga.com 2 hours, 29 minutes ago

Chinese Billionaire On A $250M Luxury Real Estate Buying Spree

When you envision billionaires living extravagant lives, a man from China who got rich by selling medical devices is probably not the first thing that comes to mind. But Xu Hang, co-founder of Chinese medical device manufacturer Mindray Medical, is on a real estate buying spree that would make a Saudi oil magnate blush. In the last few years, buyers connected to Xu have bought $250 million worth of luxury estates around the world.
Read by 58% of LPs

wealthmanagement.com 3 hours, 9 minutes ago

What Happens If Mutual Funds Can Also Trade As Etfs?

If the SEC approves mutual fund/ETF dual shares, it might bring a big pivot for the RIA industry. : In late April, asset manager PGIM filed a request with the SEC for exemptive relief to offer its existing mutual fund shares in the form of ETFs. PGIM joins several other asset managers, including Fidelity Investments, Morgan Stanley Investment Management and Dimensional Fund Advisors, in asking for permission to offer this dual-share asset class. According to its website, PGIM operates over 70 mutual funds, ranging from PGIM Total Return Bond Fund to PGIM Jennison International Opportunities Fund.
Read by 78% of LPs

vcnewsdaily.com 3 hours, 19 minutes ago

Peregrine Inks $30M Series B Funding

SAN FRANCISCO, CA, Peregrine, a data integration platform, announced a $30 million Series B funding round led by Friends & Family Capital and Fifth Down Capital.
Read by 67% of LPs

vcnewsdaily.com 3 hours, 19 minutes ago

Coreweave Closes $1.1B In Series C Funding

ROSELAND, NJ, CoreWeave announces it has secured $1.1 billion in new funding, led by Coatue.
Read by 47% of LPs

vcnewsdaily.com 3 hours, 19 minutes ago

Baselayer Raises $6.5M Seed Round

NEW YORK, NY, Baselayer, a B2B platform utilizing proprietary Graph AI technology announced a $6.5 million seed round.
Read by 45% of LPs

seekingalpha.com 3 hours, 29 minutes ago

American Assets Trust, Inc. (aat) Q1 2024 Earnings Call Transcript

Ernest Rady - Chairman and Chief Executive Officer Adam Wyll - Chief Operating Officer Bob Barton - Chief Financial Officer Steve Center - Senior Vice President-Office Properties Good morning and welcome to the American Assets Trust, Incorporated First Quarter 2024 Earnings Call. As a reminder, today's conference call is being recorded. Please note that statements made on this conference call include forward-looking statements based on current expectations, which statements are subject to risks and uncertainties discussed in the company's filings with the SEC.
Read by 58% of LPs

marketscreener.com 3 hours, 59 minutes ago

Cibus Nordic Real Estate () : Offers To Repurchase Warrants

The board of directors in Cibus Nordic Real Estate AB (publ) ("Cibus" or the "Company") has resolved to offer the holders of warrants of series 2020/2024 in the Company to repurchase 158,604 warrants. The offer is made only to facilitate exercise of the warrants and does not entail any changes to the terms of the warrants.
Read by 56% of LPs

nasdaq.com 4 hours, 28 minutes ago

Anss Factor-based Stock Analysis | Nasdaq

Below is Validea's guru fundamental report for ANSYS INC (ANSS). Of the 22 guru strategies we follow, ANSS rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks that exhibit cha.
Read by 80% of LPs