19 April, 2017 by The TZ Newswire Staff Comments Off on SL Green sells New York REIT stake, adds new tenants
SL Green sells New York REIT stake, adds new tenants
SL Green Realty shed its stake in New York REIT, the company announced Wednesday. The real estate investment trust previously held 4.77 million New York REIT shares, worth round $45 million as of Wednesday. In December 2015 Bloomberg reported that SL Green was in talks to buy New York REIT outright, but the firm later denied the report. After the SL Green deal failed to materialize New York REIT’s board decided to sell of the […]
19 April, 2017 by The TZ Newswire Staff Comments Off on Market Extra: Why it is riskier to favor U.S. over foreign stocks in your portfolio
Market Extra: Why it is riskier to favor U.S. over foreign stocks in your portfolio
The ‘home bias’ or disproportionately favoring domestic equities over foreign markets is one of the biggest risk for U.S.
19 April, 2017 by The TZ Newswire Staff Comments Off on TuneCore + Lyric Financial Partner On Royalty Advance Solution For Musicians
TuneCore + Lyric Financial Partner On Royalty Advance Solution For Musicians
While the winds of change have blown away most of the animosity between Fintech companies and incumbent banks, leading to partnerships and in some cases acquisitions, some players on the up and coming side are holding out on armistice as a means to better serve niche markets.
19 April, 2017 by The TZ Newswire Staff Comments Off on Amazon’s Bookstore Plans Make Lots of Sense
Amazon’s Bookstore Plans Make Lots of Sense
In the last 10 years, Amazon has gone full circle in the book world.
In 2007, Amazon.com (NASDAQ: AMZN) launched Kindle, a revolutionary e-reader, ramping up pressure on traditional bookstores. Borders folded in 2011 and Barnes & Noble has steadily been closing bookstores in recent years as book-buying habits changes.
Now, Amazon is opening its own bookstores.
19 April, 2017 by The TZ Newswire Staff Comments Off on Interactive Brokers Group, Inc. Putting Extra Focus on Growing Brokerage Business
Interactive Brokers Group, Inc. Putting Extra Focus on Growing Brokerage Business
The ups and downs of revenue and earnings at Interactive Brokers Group, Inc. (NASDAQ: IBKR) struck again in the first quarter of 2017. Trading and market making were down versus a year before, but the company still reported a profit and is making long-term adjustments that could make the business more profitable for investors.
Here’s a look at what Interactive Brokers reported on Tuesday after the market closed, and where the business is trending.
Image source: Getty Images.
19 April, 2017 by The TZ Newswire Staff Comments Off on JPMorgan, Amazon weigh taking total of 650K sf at 5 Manhattan West
JPMorgan, Amazon weigh taking total of 650K sf at 5 Manhattan West
Brookfield Property Partners is close to inking deals with Amazon and JPMorgan Chase for a combined 650,000 square feet at its building at 5 Manhattan West. JPMorgan already has space at the building, but is considering taking 350,000 square feet for FinTech, its financial technology arm, Bloomberg reported. Amazon, which fully occupies 7 West 34th Street, would take 350,000 square feet for its offices there, according to the Commercial Observer. Both companies are nearing deals, […]
19 April, 2017 by The TZ Newswire Staff Comments Off on Europe Starts Freezing Britain Out Of EU Contracts
Europe Starts Freezing Britain Out Of EU Contracts
Diplomatic relations between the UK and EU are fast approaching zero degrees Kelvin.