Tag: article_normal
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Tata Consultancy Services falls Wednesday, underperforms market
Published: Feb. 14, 2024 at 5:32 a.m. ET Shares of Tata Consultancy Services Ltd. 532540 slid 1.16% to 4,101.00 Indian rupees Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P BSE Sensex Index 1 rising 0.37% to 71,822.83. Tata Consultancy Services Ltd. closed 83.55 rupees below ... -
AGF Management Invests in Alternative Investment Manager New Holland
Published: Feb. 12, 2024 at 8:19 a.m. ET By Robb M. Stewart AGF Management made a strategic investment in New York-based investment manager New Holland Capital as part of its strategy to further grow the Canadian asset management firm’s alternatives business. Toronto-based AGF said Monday it will make an initial investment in the form of ... -
Tritax Big Box Agrees to Take Over UK Commercial Property REIT in $1.2 Bln Deal
Published: Feb. 12, 2024 at 2:19 a.m. ET By Joe Hoppe Tritax Big Box said it has reached an agreement to take over UK Commercial Property REIT in an all-share offer, valuing the company at around 924 million pounds ($1.17 billion). The commercial-property investor said UK Commercial Property investors will receive 0.444 new ordinary Tritax ... -
Passive investing is more popular. But here’s why it’s time to invest actively.
Passive investing has become more popular than active investing in the U.S., but the trend may be changing soon, according to Jill Carey Hall, U.S. equity strategist at BofA Global Research. The amount of assets managed by passive funds have overtaken those overseen by active funds, according to data from BofA Global Research. Only 47% ... -
New York Community Bancorp looks to sell rent-regulated commercial real estate
New York Community Bancorp Inc. has been looking to shed problem commercial real estate from its books after last week reporting a surprising $185 million loss relating to a pair of loans as part of its fourth-quarter earnings results. The lender has offered investors a chance to bid on a $22.4 million mortgage backed by ... -
CapitaLand Integrated Commercial Trust’s Net Property Income, Revenue Likely Rose in 2023 — Earnings Preview
Published: Feb. 5, 2024 at 6:00 a.m. ET By Kimberley Kao CapitaLand Integrated Commercial Trust is scheduled to report 2023 full-year results on Tuesday. Here is what you need to know: NET PROPERTY INCOME FORECAST: CapitaLand Integrated Commercial Trust is expected to post a 5.9% rise in net property income to 1.11 billion Singapore dollars ... -
Tata Consultancy Services outperforms market on strong trading day
Published: Feb. 5, 2024 at 5:32 a.m. ET Shares of Tata Consultancy Services Ltd. 532540 inched up 0.16% to 3,972.75 Indian rupees Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P BSE Sensex Index 1 falling 0.49% to 71,731.42. Tata Consultancy Services Ltd. closed 9.30 rupees ... -
What Morgan Stanley’s Mike Wilson has got right and wrong about the stock market
Last Updated: Feb. 3, 2024 at 5:08 a.m. ET First Published: Feb. 2, 2024 at 6:47 p.m. ET One of Wall Street’s biggest bears will be giving up some of his duties, stirring memories for some investors and market mavens of a previous shakeup that proved ill-timed for the market. Mike Wilson will leave his ... -
Commercial real-estate risk for banks points to opportunities for other investors
The risky commercial real-estate market — and not only partially empty office buildings — came to the fore again this week when shares of New York Community Bancorp NYCB fell 38% on Wednesday and dropped another 11% on Thursday. New York Community Bancorp nearly doubled in size over a two-year period that included the acquisition ... -
Tata Consultancy Services rises Friday, outperforms market
Published: Feb. 2, 2024 at 5:32 a.m. ET Tata Consultancy Services Ltd. 532540 shares rose 2.98% to 3,966.35 Indian rupees Friday, on what proved to be an all-around great trading session for the stock market, with the S&P BSE Sensex Index 1 rising 0.61% to 72,085.63. Tata Consultancy Services Ltd. hit a new 52-week high, ...