Latest Financial services News

A courtroom of relief: FBI recovers funds for victims of scammed banker

Nov. 04, 2024 20:21 PM EST

WICHITA, KANSAS (AP) — Sobs of relief broke out in a federal courtroom in Kansas on Monday as dozens of people whose life savings had been embezzled by a bank CEO learned that federal law enforcement had recovered their money. "I just can’t describe the weight lifted off of...

Postal Realty Trust: Q3 Earnings Snapshot

Nov. 04, 2024 17:34 PM EST

CEDARHURST, N.Y. (AP) — CEDARHURST, N.Y. (AP) — Postal Realty Trust, Inc. (PSTL) on Monday reported a key measure of profitability in its third quarter. The results topped Wall Street expectations. The real estate investment trust, based in Cedarhurst, New York, said it had funds...

Summit Hotel Properties: Q3 Earnings Snapshot

Nov. 04, 2024 17:24 PM EST

AUSTIN, Texas (AP) — AUSTIN, Texas (AP) — Summit Hotel Properties Inc. (INN) on Monday reported a key measure of profitability in its third quarter. The results beat Wall Street expectations. The real estate investment trust, based in Austin, Texas, said it had funds from...

NETSTREIT: Q3 Earnings Snapshot

Nov. 04, 2024 17:17 PM EST

DALLAS (AP) — DALLAS (AP) — NETSTREIT Corp. (NTST) on Monday reported a key measure of profitability in its third quarter. The results met Wall Street expectations. The real estate investment trust, based in Dallas, said it had funds from operations of $24.8 million, or 32 cents...

Gladstone Commercial: Q3 Earnings Snapshot

Nov. 04, 2024 17:16 PM EST

MCLEAN, Va. (AP) — MCLEAN, Va. (AP) — Gladstone Commercial Corp. (GOOD) on Monday reported a key measure of profitability in its third quarter. The McLean, Virginia-based real estate investment trust said it had funds from operations of $16.3 million, or 38 cents per share, in...

Douglas Emmett: Q3 Earnings Snapshot

Nov. 04, 2024 17:13 PM EST

SANTA MONICA, Calif. (AP) — SANTA MONICA, Calif. (AP) — Douglas Emmett Inc. (DEI) on Monday reported a key measure of profitability in its third quarter. The results topped Wall Street expectations. The Santa Monica, California-based real estate investment trust said it had funds...

Diversified Healthcare: Q3 Earnings Snapshot

Nov. 04, 2024 17:13 PM EST

NEWTON, Mass. (AP) — NEWTON, Mass. (AP) — Diversified Healthcare Trust (DHC) on Monday reported a key measure of profitability in its third quarter. The real estate investment trust, based in Newton, Massachusetts, said it had funds from operations of $4 million, or 2 cents per...

Elme: Q3 Earnings Snapshot

Nov. 04, 2024 17:08 PM EST

BETHESDA, Md. (AP) — BETHESDA, Md. (AP) — Elme Communities (ELME) on Monday reported a key measure of profitability in its third quarter. The real estate investment trust, based in Bethesda, Maryland, said it had funds from operations of $20.7 million, or 23 cents per share, in...

Ryman Hospitality Properties: Q3 Earnings Snapshot

Nov. 04, 2024 16:52 PM EST

NASHVILLE, Tenn. (AP) — NASHVILLE, Tenn. (AP) — Ryman Hospitality Properties Inc. (RHP) on Monday reported a key measure of profitability in its third quarter. The results exceeded Wall Street expectations. The real estate investment trust, based in Nashville, Tennessee, said it...

Vornado: Q3 Earnings Snapshot

Nov. 04, 2024 16:51 PM EST

NEW YORK (AP) — NEW YORK (AP) — Vornado Realty Trust (VNO) on Monday reported a key measure of profitability in its third quarter. The results surpassed Wall Street expectations. The New York-based real estate investment trust said it had funds from operations of $102.8 million,...