Howard Hanna expands into northern New England with Portside
First Majestic Silver (TSX:AG,NYSE:AG) has agreed to sell its past-producing San Martin silver mine in Mexico for US$90 million in cash, furthering the company’s push to monetize non-core assets held on care and maintenance. The perimeter of the sale includes the Jalisco group of properties, covering 5,245 hectares of mining concessions located 250 kilometers north…
Extended days on market continue to challenge agents nationwide, and this session at the recent Velocity A FORCE Conference in New Orleans focused on the disposition strategies that experienced operators use to move assets efficiently while protecting value. Topics included pricing discipline, buyer positioning, and execution practices that reduce stagnation and unnecessary price reductions. Panelists…
The proposal for minimum haircuts in gilt repo transactions first appeared in a BoE discussion paper last year. Credit: Gorodenkoff/ Shutterstock.com. The Bank of England (BoE) is continuing with measures aimed at limiting the amount of borrowing hedge funds can use in trades involving UK government bonds, reported the Financial Times. The critics argued that the move could increase borrowing expenses and weaken…
At least six dead and 21 injured after 2 earthquakes in Peru
PulteGroup saw earnings fall again in the second quarter, reflecting a housing market constrained by high mortgage rates and affordability issues. Processing Content The homebuilder posted net income of $472 million, or $2.48 per share, down from $608 million, or $3.03 per share, in the second quarter of last year but still more than analysts…
The 21st Century ROAD to Housing Act became law over the weekend without President Donald Trump’s signature. Trump withheld his signature in protest of Congress not passing the SAVE America Act, legislation the president supports that requires Americans to provide documentary proof of U.S. citizenship, such as a passport or birth certificate, to register to…