Latest Financial services News
Trump's economic agenda for his second term is clouding the outlook for mortgage rates
LOS ANGELES (AP) — Donald Trump’s election win is clouding the outlook for mortgage rates even before he gets back to the White House. The president-elect campaigned on a promise to make homeownership more affordable by lowering mortgage rates through policies aimed at knocking...
Seritage Growth Properties: Q3 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Seritage Growth Properties (SRG) on Tuesday reported a loss of $22 million in its third quarter. The New York-based company said it had a loss of 41 cents per share. The real estate investment trust posted revenue of $3.3 million in...
Lument: Q3 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Lument Finance Trust, Inc. (LFT) on Tuesday reported profit of $6.3 million in its third quarter. On a per-share basis, the New York-based company said it had profit of 10 cents. The real estate investment trust posted revenue of...
Hudson Pacific: Q3 Earnings Snapshot
LOS ANGELES (AP) — LOS ANGELES (AP) — Hudson Pacific Properties Inc. (HPP) on Tuesday reported a key measure of profitability in its third quarter. The results did not meet Wall Street expectations. The real estate investment trust, based in Los Angeles, said it had funds from...
American Healthcare REIT: Q3 Earnings Snapshot
IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — American Healthcare REIT Inc. (AHR) on Tuesday reported a key measure of profitability in its third quarter. The results exceeded Wall Street expectations. The Irvine, California-based real estate investment trust said it had funds from...
Ambac: Q3 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Ambac Financial Group Inc. (AMBC) on Tuesday reported a third-quarter loss of $28 million, after reporting a profit in the same period a year earlier. On a per-share basis, the New York-based company said it had a loss of 63 cents. Losses, adjusted...
Don’t Settle for a Subpar Health Savings Account
Love them or hate them, it’s hard to see health savings accounts losing traction any time soon. Used in conjunction with high-deductible healthcare plans, the accounts have been touted as a way to put downward pressure on healthcare costs. Even though HSAs are the only triple...
Sunstone Hotel: Q3 Earnings Snapshot
ALISO VIEJO, Calif. (AP) — ALISO VIEJO, Calif. (AP) — Sunstone Hotel Investors Inc. (SHO) on Tuesday reported a key measure of profitability in its third quarter. The results fell short of Wall Street expectations. The real estate investment trust, based in Aliso Viejo,...
Outfront Media: Q3 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Outfront Media Inc. (OUT) on Tuesday reported a key measure of profitability in its third quarter. The results surpassed Wall Street expectations. The real estate investment trust, based in New York, said it had funds from operations of $80.8...
Sila: Q3 Earnings Snapshot
TAMPA, Fla. (AP) — TAMPA, Fla. (AP) — Sila Realty Trust Inc. (SILA) on Tuesday reported a key measure of profitability in its third quarter. The Tampa, Florida-based real estate investment trust said it had funds from operations of $31.7 million, or 57 cents per share, in the...