(To watch Ryan’s track record, click here)BRT Realty Trust (BRT)Last but not least is BRT Realty Trust, a real estate investment trust focused on multifamily properties. The Company intends to fund the Tender Offers with cash on hand, the proceeds of the Movianto Sale and/or use of funds from its accounts receivable securitization program. Make-whole calls are better for investors than standard call provisions. Additionally, the $6 average price target puts the potential twelve-month gain at 197%. Stock futures opened flat to slightly higher Monday evening after a selloff on Wall Street pushed the Dow and S&P 500 to their biggest one-day drops in more than a month. When interest rates started to drop in the spring of 2020, my husband and I took notice. These provisions began to be included in bond indentures in the 1990s. It is a fixed income instrument that comes with a maturity date. Looking ahead, the forecast is a 26-cent EPS for Q3. As the economy bounced back in Q2, however, Annaly’s fortunes reversed and the steep losses from Q1 turned into modest gains. The returns on bond indices start from December 1989, which restricts this analysis to bond tender offers announced during 1990–2008. This news release shall not constitute an offer to sell, a solicitation to buy or an offer to purchase or sell any securities. We watched as the rates on both fixed-rate and adjustable-rate mortgages continued to…. If I sell the bond during this early tender offer I'll receive $845.00. https://www.businesswire.com/news/home/20200605005084/en/, Ant Group closes $17.2 billion Hong Kong IPO book early amid strong demand: sources, Oil Steady Near Three-Week Low With Bearish Headwinds Mounting, Asian Stocks Track U.S. Lower Amid Virus Spread: Markets Wrap, Jack Ma Becomes Richer Than Walmart Heirs With Mega Ant IPO, China's NEV sales to account for 50% of all new sales by 2035, industry body says, JPMorgan Sees S&P at 3,900 If Trump Wins Election: Taking Stock, IRS Boosts 2021 Income Limits For IRA Deductions, US Did Not Benefit From Trade War With China: WSJ, Adelson’s Las Vegas Sands Exploring $6 Billion Sale of Vegas Casinos, 3 Big Dividend Stocks Yielding Over 7%; JMP Says ‘Buy’. Lucy Peng, a director at the payments giant through August, is the biggest individual Ant owner after Ma, and has a $5.2 billion stake. (Bloomberg) -- Jack Ma, the former English teacher who co-founded Alibaba Group Holding Ltd. with $60,000, is poised to become the world’s 11th richest person after Ant Group Co. priced shares for a record initial public offering.Ma’s 8.8% stake is worth $27.4 billion based on the stock pricing in Hong Kong and Shanghai. At the same time, BRT did manage to collect 98% of rents in Q2, and saw average occupancy remain above 93%. The U.S. reported record coronavirus infections for the second day in a row, adding 85,317 cases. In 2013, they were given the ability to save money and earn interest on the balances stored on their accounts. Repay monthly. Rimini Street is a leader in third-party software support, offering customers support for some of the big names in business software.While Rimini offers an essential product, the company’s EPS is notoriously low despite strong revenue numbers. POLY DEVELOPMENTS AND HOLDINGS GROUP CO., LTD. Chairman Eric Jing’s holding is worth $3.1 billion.Ant is set to raise almost $35 billion, beating Saudi Aramco’s $29 billion sale last year. BofA has a Buy rating and $100 price target for AMD.Latest Ratings for AMD DateFirmActionFromTo Oct 2020SusquehannaMaintainsPositive Oct 2020Truist SecuritiesInitiates Coverage OnHold Aug 2020Piper SandlerMaintainsOverweight View More Analyst Ratings for AMD View the Latest Analyst RatingsSee more from Benzinga * Click here for options trades from Benzinga * Tesla Raises Capex Guidance, Plans Outlay Of Up To B Over 2 Years * Palantir Analysts Mixed On Data Company, Debate Market Opportunity, Discounted Valuation(C) 2020 Benzinga.com. The company has been gradually raising the quarterly payout for the past three years, and the current dividend, of 22 cents per common share, annualizes to 88 cents and gives a yield of 7.1%. Some features of the site may not work correctly. Owens & Minor, Inc. (NYSE: OMI) (the "Company") today announced that it has commenced offers to purchase for cash (collectively, the "Tender Offers" and each a "Tender Offer") its outstanding senior notes listed in the table below for a maximum aggregate purchase price, excluding accrued interest, of up to $240,000,000 (the "Maximum Aggregate Purchase Price") and, with respect to the 2021 Notes, a Consent Solicitation (as defined below), upon the terms and conditions described in the Company’s Offer to Purchase dated June 5, 2020 (the "Offer to Purchase"). Make-whole call provisions can be expensive to exercise because they require a full lump sum payment. Issuers typically don't expect to have to use this type of call provision, and make-whole calls are rarely exercised. (2) Includes the applicable Early Tender Premium. Broadly speaking, tender offers must be held open for a minimum of 20 business days to allow investors holding the tendered-for securities to consider the offer and decide whether they will participate. One estimate from JPMorgan Chase & Co.’s chief equity strategist puts U.S. stocks in for a double-digit advance if Donald Trump keeps his office.A victory for the Republican candidate could push the S&P 500 to as high as 3,900 at year-end under the most optimistic case laid out by Dubravko Lakos-Bujas, the bank’s chief U.S. equity strategist. They’ve been tapping reliable, high-yielding dividend payers as an investment play of choice. Near-term uncertainty has remained elevated, with the Cboe Volatility Index stuck near a 30 level for weeks now, likely reflecting concern that sectors of the economy and markets that the candidates have referenced the most could see some wild swings post-election.A quick look at the top constituents of a Biden and Trump baskets of stocks created by JPMorgan, which bet on potential winners from either Democrats or Republicans taking control of Washington, shows the stakes are sky-high. )Overall, BRT has a Moderate Buy rating from the analyst consensus, based on an even split between Buy and Hold reviews. The Proposed Amendments, if effective, will not amend the Indenture with respect to the 2024 Notes. 401(k) and IRA changes for 2021: Where and how can you contribute next year? Mark Schappel, 5-star analyst with Benchmark, summarizes the possible silver lining.“While we are not attorneys, and understanding complex legal matters is not one of our strengths, the stock’s reaction since the ruling — down about 20% — strikes us as a bit of an overreaction since RMNI’s business remains on track, the court ruling doesn’t create operational downside, and the shares currently trade at a ‘going out of business’ valuation,” Schappel wrote.Accordingly, Schappel rates the stock a Buy and gives it a $10 price target suggesting an impressive 222% growth potential. Such forward-looking statements involve known and unknown risks, including, but not limited to: our ability to consummate each Tender Offer and the Consent Solicitation, our ability to satisfy the Movianto Sale Condition and other conditions and our ability to achieve revenue and operating income goals, which may be affected by COVID-19. The content is intended to be used for informational purposes only. The purpose is to retire bonds issued at higher rates to cut costs. An American Callable Bond can be redeemed by the issuer at any time prior to its maturity and usually pays a premium when the bond is called. In addition, such holders will not receive either the Tender Offer Consideration or the Early Tender Premium. This figure suggests a 20% upside potential from current levels. Some investors say to keep away from low-cost stocks, as a price under $5 gets that low for good reason – but some ‘penny’ stocks are fundamentally sound and show the best upsides in the market. Buying Tesla Stock? Although we believe our expectations with respect to the forward-looking statements are based upon reasonable assumptions within the bounds of our knowledge of our business and operations, all forward-looking statements involve risks and uncertainties and, as a result, actual results could differ materially from those projected, anticipated or implied by these statements. Wecontinue to expect a volume ramp in 2H20.”Overall, the Moderate Buy analyst consensus on WATT shares is based on two recent Buy ratings. Rent growth averaged 2.2% for renewals and 0.2% for new leases, while minimal concessions were given. With a standard call, the investor would only receive the principal in the event of a call. However, the Tender Offers and Consent Solicitation are subject to, and conditioned upon, the satisfaction or waiver of certain conditions described in the Offer to Purchase, including the consummation of the sale of the Company’s Movianto business and certain support functions in the Company's Dublin office (the "Movianto Sale") to Walden Group SAS or an affiliate (the "Buyer") pursuant to the terms of the Purchase Agreement, dated as of April 6, 2020, as amended from time to time, by and among the Company, Owens & Minor International Logistics, Inc., the Buyer and EHDH and the receipt by the Company of unrestricted net cash proceeds of at least $133.0 million (the "Movianto Sale Condition"). Watch HSE CN, CVE CN and companies like SU CN, IMO CN for a move.China said it will impose unspecified sanctions on defense contractors Lockheed Martin, a unit of Boeing Co. and Raytheon Technologies after the U.S. approved an arms sale to Taiwan last week, Chinese Foreign Ministry spokesman Zhao Lijian said Monday. Industry analysis by the Federal Reserve shows that tariffs helped boost employment by 0.3% by protecting domestic industries exposed to cheaper Chinese imports.Those gains were more than offset by higher costs of Chinese imports due to tariffs, cutting manufacturing employment by 1.1% in the U.S. This time, suppose interest rates decline from 10% to 5% after the investor holds a 20-year bond for ten years. We use cookies to help provide and enhance our service and tailor content and ads. Benzinga does not provide investment advice. In November last year, Charles Schwab had agreed to buy TD Ameritrade Holding in an all-stock deal valued at $26 billion. Cash in one lump sum. Bond tender offers alter the would-be stakeholder wealth effects in M&A deals. (Updates Jack Ma’s wealth in second paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P. GM-backed Lordstown Motors rallied in its debut after the electric-truck maker closed its merger with blank-check company DiamondPeak. Better yet, the quarter saw a 20% year-over-year increase in paid subscribers. (To watch Schappel’s track record, click here)This is another stock with a unanimous Strong Buy analyst consensus rating, this time based on 3 recent reviews. "These reductions are part of our efforts to reduce overlapping or redundant roles across the two firms," Charles Schwab, which completed the acquisition of TD Ameritrade earlier in October, said. Singapore was second at 22%.Sands is expanding in both regions, with Macau alone earmarked for $2.2 billion in spending.What Bloomberg Intelligence Says“The possible sale of its Las Vegas assets for $6 billion could fund those Asian projects, while $6.3 billion of existing liquidity would be enough to sustain idle operations for 17 months.

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