Cove Capital acquires 83-unit build-to-rent community in San Antonio debt-free
Los Angeles, CA – Cove Capital Investments has completed the purchase of an 83-unit build-to-rent residential community in San Antonio, Texas, finalizing its Cove Texas Build-to-Rent 97 Delaware Statutory Trust (DST) offering.…
Two shot outside Capital One Arena in D.C. after Rod Wave concert
WASHINGTON, D.C. – A shooting outside Capital One Arena left two men injured early this morning. The incident happened on the 800 block of 7th Street in Northwest D.C. The incident happened…
Russian economy shrinks 1.7% in Jan-Sept, but capital investment up
MOSCOW (Reuters) -The Russian economy shrank 1.7% year on year from January to September, but capital investment, one of the main economic growth drivers, rose 5.9% in the same period, data from…
Capital A to combine AirAsia and AirAsia X as part of restructuring plan
By Jamie Freed (Reuters) – Malaysia’s Capital A will combine its AirAsia budget airline business with long-haul offshoot AirAsia X as part of a corporate restructuring designed to shed its status as…
Japan’s top venture capital firm yields to activist for massive buybacks
By Makiko Yamazaki TOKYO (Reuters) – Japan’s top venture capital firm JAFCO Group Co Ltd said on Friday it would buy back shares worth 42 billion yen ($301 million) through a tender…
NZ’s Fonterra plans to implement new capital structure by late March
(Reuters) – New Zealand dairy giant Fonterra Co-operative Group Ltd said on Friday it would implement its new capital structure, intended to make it easier for new farmers to join the co-operative,…
U.S. core capital goods orders, shipments rebound strongly in October
WASHINGTON (Reuters) – New orders for U.S.-made capital goods unexpectedly rebounded in October while shipments increased solidly, suggesting business spending on equipment started the fourth quarter on a strong footing despite a…
Russia eases capital movement controls
MOSCOW (Reuters) – Russia’s central bank will in some cases allow authorised banks and state development bank VEB to export the equivalent of $10,000 in foreign currency cash, it said on Monday,…
Exclusive-Hedge fund Hestia wants Pitney Bowes to review capital spend, e-commerce segment
By Svea Herbst-Bayliss NEW YORK (Reuters) -Hestia Capital Partners LP, which scored big gains on its GameStop bet, is pushing shipping and mailing company Pitney Bowes Inc to re-evaluate its capital allocation…
Brazil central bank postpones higher capital requirements for fintechs to July 2023
BRASILIA (Reuters) – Brazil’s central bank on Friday announced the postponement of higher capital requirements for fintechs to July 2023, after establishing tougher rules for payment institutions based on their size and…
EU readies next steps to boost its capital market
By Huw Jones LONDON (Reuters) – The European Union will propose rules next month to make it easier for companies to list, give creditors more predictability on company bankruptcies, and to attract…
Sorrell’s S4 Capital defies tech turmoil to maintain momentum
By Paul Sandle LONDON (Reuters) – Martin Sorrell said his digital ad group S4 Capital had maintained momentum in a third quarter marked by disappointing results from major platforms including Alphabet’s Google…
French, German central bank chiefs urge faster pace on EU capital markets union
PARIS (Reuters) – The war in Ukraine, inflation and the energy crisis have made it more important than ever to press ahead with a capital markets union to finance green and digital…
Hedge fund Galois Capital says half its capital stuck on FTX exchange -FT
(Reuters) – Galois Capital is the latest hedge fund caught off guard after close to half its assets were trapped on collapsed crypto exchange FTX, the Financial Times said on Saturday, estimating…
Reinsurance hedge fund Tangency Capital raises $200 million
LONDON (Reuters) – Reinsurance hedge fund Tangency Capital has raised $200 million from investors, bringing its total assets under management to “north of $600 million,” one of its co-founders told Reuters, as…
UK considers cutting tax-free dividend allowance, increasing capital gains tax -media
LONDON (Reuters) -Britain’s government is considering cutting the tax-free allowance for dividend income, Bloomberg reported on Thursday, before a Nov. 17 budget. The report, citing two officials familiar with the matter, added…
Credit Suisse confirms shareholder meeting for capital hike
ZURICH (Reuters) – Credit Suisse Group AG on Tuesday confirmed an extraordinary general meeting will take place on November 23 for shareholders to approve a proposed capital increase. The embattled bank is…
Consumer inflation in Japan’s capital hits 33-year high
By Takahiko Wada and Leika Kihara TOKYO (Reuters) – Core consumer prices in Japan’s capital, a leading indicator of nationwide figures, rose 3.4% in October from a year earlier, data showed on…
CS First Boston revival comes with talent and capital dilemmas
By Pamela Barbaglia, Anshuman Daga and Andres Gonzalez LONDON (Reuters) – Seeking to restore vigour to a business that’s been languishing, Credit Suisse says it will reshape its investment bank by resurrecting…
New Jersey is the trunk-or-treat capital of the United States
You know what trick-or-treat is, but unless you have young children, you’ve probably never heard of trunk-or-treat. Trunk-or-treat is a new trend sweeping New Jersey and many parts of the U.S. where…
U.S. core capital goods orders unexpectedly fall in September
WASHINGTON (Reuters) – New orders for U.S.-made capital goods unexpectedly fell in September, the Commerce Department said on Thursday, suggesting a loss of momentum in business spending on equipment at the end…
Monro considers reforms after pressure by activist firm Ides Capital
By Svea Herbst-Bayliss NEW YORK (Reuters) – Monro Inc on Wednesday said it plans to refresh its board of directors and will consider restructuring its equity shares after calls from an activist…
Russia bans dealing in capital of 45 foreign-owned banks or banking units
MOSCOW (Reuters) – Russia on Wednesday banned dealings in the shares or share capital of 45 banks or banking units, all either owned by parties in countries that Russia terms “unfriendly” or…
Mobileye IPO not capital raise, but market entry -Intel CEO at WSJ Tech Live Conf
(Reuters) – Intel Corp’s Chief Executive Pat Gelsinger on Monday said the initial public offering of its self-driving tech company Mobileye was not a capital raise, but more of an entry into…
US and UK warn of possible attack in Nigeria’s capital
LAGOS (Reuters) – The United States and Britain on Sunday warned of a possible terrorist attack in Nigeria’s federal capital Abuja, especially aimed at government buildings, places of worship and schools, among…
Reconstruction Partners Advises Tacolicious, Inc. on Capital Raise and Strategic Planning
Nashville, TN (RestaurantNews.com) Restaurant advisory group Reconstruction Partners has announced the successful growth capital formation effort for its client Tacolicious, Inc. Tacolicious, founded 2009, is a multi-unit full-service Mexican restaurant chain with…
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