The post The Automation Boom is Coming. Will the Internet Be Ready? appeared first on ReadWrite.
The post These Teen AI Entrepreneurs Will Amaze You appeared first on ReadWrite.
The post What You Need to Know to Use Drones for Your Wedding appeared first on ReadWrite.
The post Trade Secrets Claimed by Prolacta to Steal Founders’ Company – Again appeared first on ReadWrite.
The post Achieving Paperless Operations and Document Automation with AI and ML appeared first on ReadWrite.
The post Secret to Getting Leads with Digital Marketing Technology appeared first on ReadWrite.
The post Successful Scaling: How to Grow Without Tumbling Back Down appeared first on ReadWrite.
The post WIB Vulnerability: Sim-Card that Allows Hackers to Takeover Phones appeared first on ReadWrite.
The post 6 Industries Blockchain Technology Will Revolutionize appeared first on ReadWrite.
The post 4 Unique Growth Tactics for 2020 appeared first on ReadWrite.
The post 7 Keynote Leadership Speakers Bringing Fresh Insights to Their Industries appeared first on ReadWrite.
The post How Founders and CEOs Can Raise Early Checks (With Pavel Cherkashin) appeared first on ReadWrite.
The post Marketing Automation and Customer Service: How are they Connected? appeared first on ReadWrite.
The post Why You Need to Consider IoT in Improving Customer Experience appeared first on ReadWrite.
The post How to Ensure Your Data is Providing Trustworthy Insights appeared first on ReadWrite.
The post Need of Feedback Software for Ministry of Army and Defense appeared first on ReadWrite.
The post The Challenges and Opportunities for Automation in the Real Estate Industry appeared first on ReadWrite.
The post 7 Common Negotiation Mistakes to Avoid at all Costs appeared first on ReadWrite.
The post 4 High-Potential Sectors for AI and ML Startup Success appeared first on ReadWrite.
The post How to do Keyword Research for SEO appeared first on ReadWrite.
The process of refinancing a reverse mortgage is similar to that of traditional refinance. There are standard eligibility criteria set by mortgage lenders and certain steps to be followed. In most cases, it helps stabilize the financial situation. However, it has consequences as well. So, understanding the basics of refinancing your Texas reverse mortgage loan […]
The post How to Refinance a Reverse Mortgage: The Ultimate Guide appeared first on Lonestar Financing.
Do you know that 65% of homeowners in the US have a Mortgage? Are you planning to take out a home loan in Texas? Many mortgage lenders can help you get approved for a loan. However, one thing sets a lender apart from the rest- underwriting approval. Before applying for a mortgage, you need to […]
The post The Underwriting Process: Everything You Need to Know appeared first on Lonestar Financing.
Are you wondering how much money youall need to come up with in order to buy your dream home? Well, weave come up with the ultimate guide for you! Trying to figure out how much money you’ll need to purchase a house has always been difficult for first-time buyers. But in 2022, it’s become even […]
The post How Much Money Will You Need to Purchase a Home in 2022? appeared first on Lonestar Financing.
Are you in the last stages of your home loan application? Now that you’ve gone through the tedious process of rate locking, appraisals, and inspections, you may be wondering what comes next, which brings us to the underwriting process. It may sound frightening at first, but it becomes much less intimidating once you understand what […]
The post In-House Underwriting: Top Criteria & Benefits You Must Know appeared first on Lonestar Financing.
The mortgage underwriting process helps mortgage lenders determine if your financial status is solid enough to repay the home loan youare applying for. Because anyone’s financial condition can change, the underwriting process considers whether the property you want to buy is worth enough to repay the loan if the lender has to foreclose. In a […]
The post Manual Underwriting Vs. Automated Underwriting: The Complete Guide appeared first on Lonestar Financing.
When you are planning to buy a home, the type of mortgage you choose is an important decision. But with so many options available, it can be challenging to decide which loan is right for you. Each loan product has its advantages and disadvantages, so it is imperative that you understand the differences between a […]
The post VA Home Loan v/s Conventional Home Loan: Choosing the Best Loan Option appeared first on Lonestar Financing.
When youare considering taking out a mortgage loan, you must first determine which loan is best for you. Getting a clear understanding of different mortgage companies, types of mortgages, primarily Fixed Rate Mortgage or Adjustable Rate Mortgage, will help you plan and proceed accordingly. In addition, our experienced mortgage lenders in Texas can help you […]
The post Fixed & Adjustable Mortgage Rates: Everything You Need to Know appeared first on Lonestar Financing.
Introduction Planning to purchase your first home but are struggling to find a mortgage lender? We have you covered! Buying a new home usually requires homeowners to take out a mortgage loan. Getting a great deal on your mortgage can be very beneficial to you and your family. You may want to find the lowest […]
The post How to Find the Best Mortgage Lender appeared first on Lonestar Financing.
The Federal Housing Finance Agency eliminated something called the “Adverse Market Refinance Fee,” a huge incentive for homeowners looking to refinance their mortgage. The refinancing fee was rolled out in December as a way to pay for some of the COVID mortgage relief. How it worked was, the agency calculated the fee by taking 0.5% of a […]
The post Texas Mortgage Refinancing See Uptick appeared first on Lonestar Financing.
Last November, the Federal Deposit Insurance Corp., the Office of the Comptroller of the Currency, and the Board of Governors of the Federal Reserve released a proposal that would increase the appraisal requirement for home sales from $250,000 to $400,000, meaning that certain home purchases of $400,000 and less would no longer require an appraisal […]
The post Will you need an appraisal? appeared first on Lonestar Financing.
Shares of Container Store Group Inc. rallied more than 10% in the extended session Tuesday after the retailer reported fiscal fourth-quarter earnings and sales above Wall Street expectations and promised $2 billion in yearly sales within five years. The Container Store said it earned $23.2 million, or 46 cents a share, in the quarter, compared with $35.1 million, or 69 cents a share, in the fourth quarter of fiscal 2020. Sales fell 3% to $305.5 million, the company said. A compared with 2019, sales were up 27%, Container Store said. FactSet consensus called for earnings of 26 cents a share on sales of $280 million. The retailer guided for more than $2 billion in net sales and "more than double" EPS by by the end of fiscal 2027. "Over this period of time, the company expects to drive low double-digit annual sales growth," plus the expectation to open 76 new stores by the end of that year. The stock ended the regular trading day down 1.5%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
U.S. stocks finished sharply higher Tuesday after Federal Reserve Chairman Jerome Powell said a "softish landing" for the economy still was possible. The Dow Jones Industrial Average advanced about 431 points, or 1.3%, ending near 32,655, up for a third straight day in a row. It also marked the biggest daily percentage jump for the blue-chip index since its 1.5% gain on Friday, according to FactSet. The S&P 500 index rose 2%, while the Nasdaq Composite Index closed 2.8% higher. Powell said there are a number of plausible paths to slowing inflation without sparking a recession, even if it causes Americans some pain, while speaking in an afternoon talk at The Wall Street Journal's Future of Everything event. U.S. retail sales also painted a picture of a healthy economic backdrop, rising 0.9% in April, slightly below the 1% advance forecast by economists surveyed by The Wall Street Journal. But shares of Walmart Inc. shed more than 11% after the retail giant reported fiscal first-quarter profit that missed expectations.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Thirty-one percent of shareholders participating in JPMorgan Chase & Co.'s annual meeting supported a $52.6 million options award to CEO Jamie Dimon in his 2021 compensation package, according to a transcript of the event on Tuesday. Dimon drew the bonus on top of his regular pay to bring home total compensation of $84.4 million, roughly double from 2020. The shareholder vote was a formality since Dimon has already received the pay. While compensation packages have been approved by more than 90% in the past, this year advisory firms Glass Lewis & Co. and Institutional Shareholder Services Inc. recommended against the compensation package, which was awarded as an incentive from the board of directors for Dimon to remain in his job for five more years. Shares of JPMorgan Chase rose 3.8% on Tuesday but are down 22.4% for the year, compared to a drop of 10.1% by the Dow Jones Industrial Average .
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Gold prices ended higher Tuesday for a second day in a row, with a pullback in the surging dollar helping to lift the yellow metal from its slump. Gold for June delivery rose about 0.3%, to settle at $1,818.90 an ounce on Comex, after dipping below the key $1,800-an-ounce threshold in trade a day before. The ICE U.S. Dollar Index was down 0.8% Tuesday, following its rise to its highest in around 20 years on the back of the Federal Reserve's plans to raise interest rates aggressively this year to help tame high inflation. A stronger dollar can be a drag on commodities priced in the currency, making them more expensive to users of other currencies.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
President Joe Biden on Tuesday called Saturday's mass shooting in Buffalo, New York, "domestic terrorism," and blasted backers of the so-called great replacement conspiracy theory. "I condemn those who spread the lie for power, for political gain and for profit," the president said on a visit to the city. A white 18-year-old shot and killed 10 people at a Buffalo supermarket after researching the local demographics, with the purpose of killing as many Black people as possible, officials said Sunday. The suspect is alleged to be the author of a white-supremacist document that repeatedly referenced the agreat replacementa theory, which falsely alleges that people of color --- particularly immigrants --- pose a political and cultural threat to white people.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Solicitor General Elizabeth Prelogar has recommended against the U.S. Supreme Court taking up the Susan K. Musta vs Mendota Heights Dental Center case around whether insurers should provide workers compensation benefits for legal medical cannabis, according to a filing on Monday. "The legislative and executive branches of the federal government are best situated to consider any potential tailored measures to address specific instances of interaction between federal and state marijuana laws," Prelogar said. "Refraining from taking up the questions presented here thus represents the sounder course at this time." The recommendation comes after the U.S. Supreme Court in February invited Prelogar to file a brief in the case to express the views of the United States.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
U.S. Bancorp said Monday it no longer expects to close its $8 billion acquisition of the core regional banking franchise of MUFG Union Bank, N.A., as announced in September. The bank cited U.S regulatory approvals for the delay, but said it continues to "make significant progress in planning for closing and integration while awaiting regulatory approvals." U.S. Bancorp now expects to close the deal in the second half of 2022. US Bacorp shares are up 1.9% on Tuesday. The stock has lost 12.4% of its value in 2022 compared to a drop of 14.7% by the S&P 500 .
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
The Food and Drug Administration said Tuesday that children between the ages of 5 and 11 years old can get a booster dose of BioNTech SE and Pfizer Inc.'s COVID-19 vaccine. Children in this age group should wait at least five months after getting the primary series of shots. The regulator authorized a booster of the BioNTech/Pfizer vaccine for teens back in January. The FDA's advisory committee did not meet to discuss whether the benefits of a third dose of the BioNTech/Pfizer vaccine outweigh the risks for this age group because the companies' request for authorization in 5 to 11 year olds "did not raise questions that would benefit from additional discussion by committee members," according to the regulator.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
The New York City health department raised its COVID-19 alert level to high from medium on Tuesday, and said it now advises all New Yorkers to wear a mask in indoor public settings. "People who are older than 65 or otherwise at a high risk of severe illness from COVID-19 should also wear a mask in crowded outdoor settings and avoid gatherings when possible," according to a statement from the NYC Health Commissioner. The move comes a day after the department cautioned that cases were approaching the threshold that would bump the alert to high. The high alert means there is high community spread and substantial pressure on the health care system. If things deteriorate, the city would move to very high, at which point health care systems would be determined to be overwhelmed. New York City is currently averaging 4,000 COVID cases a day, according to a New York Times tracker, up 51% from two weeks ago.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Higher mortgage rates, soaring building costs and rising home prices drove the NAHB Home Builders Index to a nearly two-year low of 69 in May from 77 in the prior month, the National Association of Home Builders said Tuesday. The NAHB/Wells Fargo index was forecast to total 75. The big drop in the index points to tougher times for the housing market in the months ahead.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Shares of Equity Residential rose 0.9% in morning trading Tuesday, to outperform its real estate investment trust peers, after Mizuho analyst Haendel St. Juste turned bullish on the rental apartment REIT, citing an "intriguing risk/reward" following its recent underperformance. The gains come as the iShares Residential and Multisector Real Estate ETF edged up just 0.1%. St. Juste raised his rating on Equity Residential (EQR) to buy from neutral, saying EQR trades below its long-term valuation averages, and has a wider discount than its peers than historically. "Beyond valuation, we see two near-term catalysts that should benefit EQR -- accelerating demand and pricing (particularly in [New York City]) that should support further rent growth and potential re-acceleration, as well as an anticipated [fiscal 2022] guidance increase," St. Juste wrote in a note to clients. Meanwhile, he cut his stock price target to $84 from $92, given lower group multiples, but the new target still implies 12% upside from current levels. The stock has dropped 11.7% over the past three months, while the apartment and multisector REIT ETF has declined 6.1%, the SPDR Real Estate Select Sector ETF has slipped 4.6% and the S&P 500 has dropped 7.4%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Signature Bank jumped 4.7% on Tuesday, a day after the bank provided a mid-quarter update including a 1% drop in deposits, a 3% rise in loans and reiterated its second-quarter asset growth target of $4 billion to $7 billion. Jefferies analyst Casey Haire said in a research note that Signature Bank's deposit balance updated "is likely strong enough to allay the worse case fears about the bank's $29 billion crypto franchise." However, Haire also noted that deposit growth will have to start moving into positive territory again for the bank to "sustain its investment thesis as a growth story with asset sensitivity kicker." Signature Bank stock is down 39% in 2022, compared to a drop of 13% by the Financial Select Sector SPDR Fund .
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Shares of cross-border e-commerce business Global-E Online Ltd. sank 8.4% in early Tuesday trading after it cut its full-year revenue outlook. Net loss totaled $1.7 million, or 8 cents per share, after a loss of $53.6 million, or 35 cents per share, last year. Revenue of $46.2 million was down from $76.3 million. The FactSet consensus was for a loss of 15 cents per share and revenue of $75.1 million. Gross merchandise value (GMV) was $455 million, up 71% year-over-year. The company discontinued service to Russia after it attacked Ukraine. Russia accounts for 2% of GMV. Areas of Central and Eastern Europe have also been impacted, accounting for 4% to 5% of GMV. Global-E is now guiding for full-year revenue of $383 million to $403 million, down from previous guidance of $411 million to $421 million. The FactSet consensus is for revenue of $391.1 million. Global-E stock has lost 72.5% of its value for the year to date. The S&P 500 index is down 14.7% for the period.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Shares of Coinbase Global Inc. were soaring in premarket trading Tuesday after the cryptocurrency marketplace suggested that it would be less aggressive than previously expected in its efforts to expand the business and grow hiring. "Heading into this year, we planned to triple the size of the company," President Emilie Choi said in a Monday blog post. "Given current market conditions, we feel it's prudent to slow hiring and reassess our headcount needs against our highest-priority business goals. Headcount growth is a key input to our financial model, and this is an important action to ensure we manage our business to the scenarios we planned for, specifically the potential Adjusted EBITDA we are aiming to manage to." Coinbase shares have cratered more than 75% on the year as cryptocurrency trading has fallen off. The latest blog post comes on the heels of Coinbase's March-quarter earnings report last week, in which the company posted a sharp drop in users relative to the December quarter. At the time of the earnings call, the company also reiterated its intent to make 2022 an investment year.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Shares of Caterpillar Inc. rallied 2.1% in premarket trading Tuesday, after the construction and mining equipment company said its board of directors had recently approved a new $15 billion stock repurchase program. Based on Monday's stock closing price of $207.19, the new buyback program could represent about 72.4 million shares, or 13.6% of the shares outstanding as of March 31. Caterpillar said in its first-quarter earnings report on April 28 that it repurchased $800 million worth of its shares during the quarter, as part of previous $10 billion repurchase program, which was authorized in July 2018 and had about $1.4 billion remaining as of March 31. Caterpillar's stock has gained 0.2% year to date through Monday, while the Dow Jones Industrial Average has lost 11.3%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Three of the new positions revealed in Berkshire Hathaway's 13-F filing jumped in premarket trade on Tuesday. Paramount Global's B shares bounced 10%, as Celanese rose 6% and Citigroup rose 5%. Investors had already known that Warren Buffett's investment vehicle had invested heavily in Occidental Petroleum , Chevron and HP during the first quarter.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Open source database specialist Imply Data Inc. said Tuesday it drew in $100 million in Series D financing at a company valuation of $1.1 billion. Thoma Bravo led the financing, along with Omers Growth Equity. Existing investors Bessemer Venture Funds, Andreessen Horowitz and Khosla Ventures also took part in the financing for Imply Data, which is based in Burlingame, Calif. The deal was led by Fangjin "FJ" Yang, CEO and co-founder of Imply, and co-creator of Apache Druid, a real-time analytics database designed for fast slice-and-dice analytics (OLAP queries) on large data sets.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
PLBY Group Inc. , parent of Playboy, said Tuesday its board has authorized a $50 million share buyback program, after securing financing via a private placement of preferred stock. "This repurchase program reflects our confidence in our reimagined Playboy brand, transformed business model, and progress against our long-term growth objectives," Chief Executive Ben Kohn said in a statement. Shares were up 4.7% premarket, but have fallen 67% in the year to date, while the S&P 500 has fallen 16%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Page took 10 seconds to load.