Housing stocks see split reaction on coronavirus vaccine news

first_img– Advertisement – All this, however, looks like good news for the big apartment REITs, like Equity Residential, Avalonbay, and UDR. Apartments not only benefit when the cost of housing goes up, but there is clearly a feeling that a vaccine will get people back to work, back to the nation’s downtowns and turn urban flight around.“Clearly there is enthusiasm, but it doesn’t take away from the fact that rents are down over 20% in many of the major urban gateway markets, with companies still letting employees work from home into middle of 2021,” said Alexander Goldfarb, a REIT analyst with Piper Sandler. “There is a lot more earnings pressure to come.”Goldfarb is also concerned that there are other social and economic ramifications that could keep people from rushing back to the urban core, especially on the coasts, where Covid restrictions have been tighter and local economies have suffered more. Homebuilder stocks are taking a hit, while apartment REITs are finally crawling out of the basement amid a massive market rally sparked by Pfizer’s announcement Monday that early trial data show its coronavirus vaccine to be highly effective.As investors digest the news, suddenly the pandemic housing picture looks a little different.The nation’s homebuilders have been benefiting from the stay-at-home culture of Covid, as people looked for larger, more high-tech homes in the suburbs. Working and schooling from home had been top of mind, but an effective vaccine could reverse that.- Advertisement – Stocks of the biggest builders like DR Horton, Lennar, Pulte and luxury builder Toll Brothers, were down at midday Monday. The iShares U.S. Homebuilding ETF, which includes home improvement retailers like Home Depot, Sherwin Williams and Masco, was also taking a hit.Part of that also has to do with mortgage rates, which set yet another record low last week but appeared to be turning around Monday with a sell-off in the bond market. Mortgage rates follow loosely the yield on the 10-year U.S. Treasury, which surged to the highest level since March.“Bond weakness is starting to snowball in a way we haven’t seen since the crazy volatility in March, and this time around there are no concerns about liquidity and smooth market functioning,” said Matthew Graham, chief operating officer at Mortgage News Daily. “That makes the current move very serious.”- Advertisement –center_img Rick Nazarro of Colonial Manor Realty talks with a pair of interested buyers in the driveway as a couple waits to enter a property he is trying to sell during a “controlled” open house on May 2, 2020 in Revere, MA.Blake Nissen | Boston Globe | Getty Images – Advertisement –last_img read more

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Don’t deny costumed teens trick-or-treat

first_imgCategories: Letters to the Editor, Opinion Re Oct. 29 article, “Should teenagers go trick-or-treating? Should you give them candy?”: I read the teen’s trick-or-treating article. As a senior in high school, I will say it should be acceptable for teens to trick-or-treat.Wearing a costume comes with trick-or-treating. Therefore, if not in costume, adults should be able to deny teens candy. Also, I will add that teens should be respectful as well when approaching someone’s house.With all of this taken into consideration, if teens are in costume and are being respectful, don’t deny us our right to feel like a kid again.Samantha BarnesDelansonMore from The Daily Gazette:Schenectady County warns of possible COVID-19 exposure at Schenectady restaurant, Rotterdam barEDITORIAL: Find a way to get family members into nursing homesLocal movie theater operators react to green lightEDITORIAL: Beware of voter intimidationEDITORIAL: Thruway tax unfair to working motoristslast_img read more

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Arsenal vs Leicester TV channel, live stream, team news, odds and head-to-head

first_imgBukayo Saka has been in fine form for Mikel Arteta’s Arsenal side (Picture: AFP via Getty Images)Arsenal have rediscovered some form as they host Leicester on Tuesday night after three straight Premier League victories.The Gunners had a very ropy return to Premier League action as they were thrashed by Man City and then lost to Brighton, but victories over Southampton, Norwich and Wolves have got them back on track.They face a stern test on Tuesday as the Foxes come to north London looking to keep hold of third place in the table.Leicester got back to winning ways with a 3-0 victory over Crystal Palace on Saturday, but Chelsea and Manchester United are pushing hard for their place in the table and Brendan Rodgers needs points to hold off their charge.AdvertisementAdvertisementADVERTISEMENTWhat time is Arsenal vs Leicester?The match kicks-off at 8.15pm on Tuesday 7 July at the Emirates.What TV channel is Arsenal vs Leicester on and is there a live stream?Sky Sports Premier League and Sky Sports Main Event will be showing the game live with coverage from 8pm.Crystal Palace vs Chelsea is on Main Event beforehand, with Watford vs Norwich on Premier League immediately prior.Subscribers can stream all the action on Sky Go or on the Sky Sports app, while non-subscribers can stream through a Sky Sports Pass on Now TV.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityArsenal vs Leicester team newsMesut Ozil should be available for Arsenal on Tuesday night, but whether he will return to the matchday squad is yet to be seen.Bernd Leno, Gabriel Martinelli, Pablo Mari and Calum Chambers all remain out for the Gunners.Leicester are without Ricardo Pereira and Daniel Amartey still, but Ben Chilwell, James Maddison and Ayoze Perez are all pushing for returns from injury.Arsenal vs Leicester odds7/5 Arsenal12/5 Draw2/1 LeicesterOdds courtesy of Betfair Arsenal vs Leicester TV channel, live stream, team news, odds and head-to-head Head-to-head in last five meetings 09 Nov 2019: Leicester 2-0 Arsenal – Premier League28 Apr 2019: Leicester 3-0 Arsenal – Premier League22 Oct 2018: Arsenal 3-1 Leicester – Premier League09 May 2018: Leicester 3-1 Arsenal – Premier League11 Aug 2017: Arsenal 4-3 Leicester – Premier League Metro Sport ReporterTuesday 7 Jul 2020 2:15 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link MORE: Emiliano Martinez praises Arsenal boss Mikel Arteta’s ruthlessness amid Matteo Guendouzi sagaMORE: Chris Wilder accuses Mikel Arteta of breaking the rules after Arsenal beat Sheffield UnitedFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram.For more stories like this, check our sport page.center_img Advertisement Comment Advertisementlast_img read more

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Governor Wolf Announces Real Estate Industry May Conduct Limited Business Transactions Statewide

first_imgGovernor Wolf Announces Real Estate Industry May Conduct Limited Business Transactions Statewide May 19, 2020 Economy,  Press Release,  Public Health Governor Amendment to the Business Closure OrderSecretary of Health Amendment to the Business Closure OrderGovernor Tom Wolf today announced that starting today, businesses and employees in the real estate industry may conduct limited business-related activities statewide and provided guidance for this industry to operate in red phase and yellow phase counties.“We continue to review our policies and the scientific data to determine the safest approach for all activities in the commonwealth,” Governor Wolf said. “While at this point more than two-thirds of the state will be in the yellow phase of the state’s reopening plan by Friday, May 22, we are still evaluating how industries may be able to conduct business appropriately in red phase counties, including the real estate industry.“This industry impacts numerous types of businesses and Pennsylvania homebuyers who are in the process of, or considering, purchasing a home. It’s critical that these businesses, regardless of whether they are in red phase or yellow phase counties, strictly adhere to all appropriate guidelines and guidance,” Governor Wolf said.Previously, businesses and employees in the real estate industry were permitted to conduct limited in-person activities in counties in the yellow phase of the commonwealth’s phased reopening plan.The real estate guidance requires businesses and employees to follow all applicable provisions of the Guidance for Businesses Permitted to Operate During the COVID-19 Disaster Emergency to Ensure the Safety and Health of Employees and the Public, which includes provisions requiring that every person present at a work site, business location, or property offered for sale, wear masks/face coverings, and provisions requiring the establishment of protocols for execution upon discovery that the business has been exposed to a person who is a probable or confirmed case of COVID-19.All in-person activities should be scheduled and limited to no more than the real estate professional and two people inside a property at any time, exercising appropriate social distancing.When conducting settlements/closings utilize remote notary, powers of attorney or the exchange of contract documents electronically or by mail wherever possible. Where it is not possible to conduct settlement/ closing via remote notary or POA, attendance in-person must be limited to required signatories and their legal counsel or real estate professional only, and steps to preserve social distancing must be followed to the maximum extent possible.Businesses and employees are also encouraged to provide sellers with relevant safety information and protocols for cleaning and sanitizing properties; utilize electronic marketing as much as possible; provide all individuals at an in-person activity with a verbal health screening; stagger scheduling of property showings; avoid physical contact with the property by staging in advance to prevent the need for interaction with items like lights, interior doors, drapes and blinds; and minimize time spent in the property by having discussions away from the property via remote means.The governor today vetoed House Bill 2412, which does not provide enough safety protocols for the COVID-19 public health crisis. Further, the legislation would have placed restrictions on municipalities related to property transfers; specifically, it would have eliminated a municipality’s ability to issue use and occupancy permits and conduct safety inspections, which are conditions of a property transfer.Ver esta página en español.center_img SHARE Email Facebook Twitterlast_img read more

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M&G and Prudential to create £330bn asset manager

first_imgUK insurance giant Prudential plans to combine its two main businesses to create a £332bn (€367.8bn) asset manager, the company announced today.In a notice to the stock exchange this morning, the company said it wanted to merge Prudential UK & Europe – which manages with-profits funds and other savings accounts – with M&G, its wholly-owned asset management arm.The new company, M&G Prudential, would be “better positioned to develop and fund joint product propositions and to build new digital service and distribution”, Prudential said.“The new entity will combine M&G’s active investment expertise with Prudential UK & Europe’s capabilities in volatility-adjusted savings and liability-driven investment to provide more choice for customers across both brands through retail, institutional and direct channels,” the company said. The merger would create one of the 50 biggest asset managers in the world, based on data from IPE’s 2017 Top 400 Asset Managers report.M&G has offices in 12 European countries as well as the UK, and offers funds across multiple asset classes including fixed income, equity, real estate, and multi-asset.Initial costs of the merger were estimated by Prudential at £250m, with roughly £145m annual savings expected by 2022.John Foley, currently chief executive of Prudential UK & Europe, will take on the same role for the new entity, with M&G CEO Anne Richards becoming one of two deputies alongside Clare Bousfield, currently CEO for insurance for Prudential UK & Europe.More details regarding the merger would be presented at Prudential plc’s investor conference on 16 November, the company said.Mike Wells, Prudential group chief executive, said: “In recent years, we have seen a convergence in the investments and savings markets with customers across all geographies and demographics demanding more comprehensive solutions to their financial needs.“Bringing together these two high-quality businesses, while transitioning to a capital-light model, will enable M&G Prudential to increase its growth prospects by providing better outcomes for our millions of customers and in turn generate strong returns for our shareholders.”It marks the UK’s third major asset management merger in the past 12 months, and comes as the sector faces increasing cost and regulatory pressures. US group Janus Capital’s merger with Henderson Global Investors completed earlier this year, while Standard Life and Aberdeen Asset Management are due to complete their merger next week.last_img read more

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Serie A calls emergency meeting to discuss restart, others

first_img Loading… The coronavirus pandemic has hit broadcasters, given they have been unable to show any live football since March as a result of the consequent lockdown.Advertisement Read Also: Joshua sends message to legends Mike Tyson, Mayweather As it stands, only the Bundesliga has announced an official restart of its season later this month. Like those before it since social distancing was enforced, next week’s assembly will be held over conference call. FacebookTwitterWhatsAppEmail分享 Lega Serie A has called an emergency meeting for May 13, where the topics of resuming the season and TV rights will be discussed. All 20 Serie A clubs are behind completing the campaign, but a report last month warned they were ready to sue Sky, DAZN and IMG if they did not receive their final instalment of €233m on time.center_img Italian Football Federation (FIGC) president Gabriele Gravina hopes for a return to Serie A on May 2. Promoted Content10 Characters Who Would Make Astounding Disney PrincessesEver Thought Of Sleeping Next To Celebs? This Guy Will Show You6 Ridiculous Health Myths That Are Actually TrueThis Guy Photoshopped Himself Into Celeb Pics And It’s Hysterical8 Superfoods For Growing Hair Back And Stimulating Its GrowthTop 7 Best Car Manufacturers Of All TimeThe Most Beautiful Middle Eastern Actresses5 Of The World’s Most Unique Theme Parks13 kids at weddings who just don’t give a hootMind-Bending Technology That Was Predicted Before It Appeared10 Risky Jobs Some Women DoHere Are The Top 10 Tiniest Mobile Phones On The Planet!last_img read more

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West Ham face financial disaster – Ashton

first_imgFormer West Ham striker, Dean Ashton, fears for his old club if they’re relegated. “If they don’t start well as soon as football is back, they will be in big trouble. “Nobody expected this at the start of the season. It looked like they’d be pushing for the top seven. “But at West Ham they just seem to sign players that are available, rather than having a plan and a specific way of playing.” “They have spent quite a bit of money and financially they would be in a difficult position.” FacebookTwitterWhatsAppEmail分享 Ashton has warned that West Ham faces dire consequences if manager David Moyes doesn’t keep the club in the Premier League. “When you see back-to-back relegations – as we’ve seen with Norwich before and with Sunderland recently – it’s generally because of poor financial planning,” he told the Daily Star. “It would be an absolute disaster for West Ham if they’re relegated this season, there’s no doubt about that.Advertisement Loading… Promoted Content6 Interesting Ways To Make Money With A DroneTop 10 TV Friends Who Used To Be Enemies5 Of The World’s Most Unique Theme ParksA Guy Turns Gray Walls And Simple Bricks Into Works Of ArtCan Playing Too Many Video Games Hurt Your Body?Which Country Is The Most Romantic In The World?Why Do So Many Digital Assistants Have Feminine Names & Voices?The 10 Best Secondary Education Systems In The World9 Facts You Should Know Before Getting A TattooBest & Worst Celebrity Endorsed Games Ever MadeWho’s The Best Car Manufacturer Of All Time?8 Superfoods For Growing Hair Back And Stimulating Its Growthlast_img read more

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Aruna leads African contingent to World Cup

first_img Quadri was selected based on the world ranking which makes him the highest ranked African in the world rated 20th in the globe and he will be parting in his third consecutive World Cups being the first African to qualify to the quarterfinal of the competition following his exploits at the 2014 edition in Dusseldorf, Germany. The men’s star-studded field include China’s Ma Long who is considered by many as the greatest table tennis player of all time, and he will be looking to add the 2020 Men’s World Cup to his burgeoning trophy cabinet. Ma Long is joined by world no.1, Fan Zhendong (China), who lifted the 2019 Men’s World Cup in Chengdu, as well as a number of other top Asian players to have qualified via their world ranking, such as teenage talents, Tomokazu Harimoto (Japan), world no.4 and just 16 years of age, and Lin Yun-Ju (Chinese Taipei), world no.7 and 18 years old. read also:It’s great task  playing in the German League, says Aruna Europe is providing plenty of strength, especially in the form of German pair, Timo Boll, who qualifies off the back of his 2019 Europe Cup victory, and Dimitrij Ovtcharov, the former world no.1 entering as a wild card. FacebookTwitterWhatsAppEmail分享 Despite finishing as runner’s up at the 2020 African Cup in Tunisia earlier this year, Aruna Quadri has been listed among the top 20 players in the world that will compete at the ITTF Men’s World Cup scheduled for November in China. In a statement released by ITTF at the weekend, the Men’s and Women’s World Cups will kick-start the restart on international table tennis competitions after several months of suspended activity due to the COVID-19 pandemic. Quadri and African Cup champion, Egypt’s Ahmed Saleh will compete in the men’s event while African Cup women’s champion Dina Meshref of Egypt is the sole representative of Africa in the women’s World Cup. According to ITTF, the World Cups will feature 20 female and 20 male athletes, including the World Champion, qualified players from all completed continental events (Africa, Europe and Pan America) and players selected by world ranking from the other continents (Asia and Oceania) as well as the whole world according to the provisional World Cup playing system. The players from Asia are the same who would have played at the 2020 Asian Cup, had it not been cancelled due to COVID-19.Advertisement Promoted ContentWho Is The Most Powerful Woman On Earth?Birds Enjoy Living In A Gallery Space Created For Them5 Of The World’s Most Unique Theme Parks5 Of The World’s Most Unique Theme ParksThe Very Last Bitcoin Will Be Mined Around 2140. Read More2020 Tattoo Trends: Here’s What You’ll See This YearThis Guy Photoshopped Himself Into Celeb Pics And It’s HystericalBest & Worst Celebrity Endorsed Games Ever Made8 Ways Drones Will Automate Our FutureMind-Bending Technology That Was Predicted Before It AppearedDeepika Padukone’s Most Iconic Looks7 Of The Wealthiest Universities In The Worldcenter_img Loading… last_img read more

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Brunt and Dorrans commit to Baggies

first_img Press Association The first said the options on Brunt and Dorrans have been exercised and that the club remain in talks with full-back Billy Jones, who is out of contract in June. West Brom director of football administration Richard Garlick said: “Chris and Graham have given the club long and valued service and played big parts in getting the team over the line last season. “We have had ongoing discussions with Billy’s representatives about a new contract since last October, when we offered him a new long-term deal with substantially-improved terms. “Talks are continuing but they have proved fruitless so far as Billy has yet to put pen to paper.” The second statement revealed that out-of-contract duo Reid and midfielder Zoltan Gera have not been offered new deals and that West Brom have decided not to exercise their one-year option on Ridgewell. It also said Albion have triggered a break clause in defender Diego Lugano’s contract and decided against taking up their one-year option on midfielder Scott Allan. Finally, it confirmed that five loan signings – Scott Sinclair (from Manchester City), Morgan Amalfitano (Marseille), Matej Vydra (Udinese), Thievy Bifouma (Espanyol) and Goran Popov (Dynamo Kiev) – have all returned to their parent clubs. Garlick said: “Zoltan and Steven have been terrific professionals during their many years with us. They have been a real credit to the football club, both on and off the field. “We know that Zoltan is looking to find another club while Steven, who is keen to carry on playing but is also doing his coaching badges, is considering his options. “Liam has made a key contribution during the past two-and-a-half years, which we thank him for. He has been a popular member of the dressing room and we wish him well as he looks for a new club. “I would also like to thank Diego and our five loan signings for their efforts over the past 12 months. “Scott Allan has found it difficult to break into the first team since arriving two-and-a-half years ago and we wish him well in his future career.” The summer changes for Albion, who finished their 2013-14 Barclays Premier League campaign just three points above the relegation zone in 17th place, had already begun with the news earlier this week that head coach Pepe Mel had left by mutual consent. And on Friday, the Baggies released two statements relating to the playing staff. West Brom have announced they have exercised one-year options on captain Chris Brunt and fellow midfielder Graham Dorrans, while defenders Steven Reid and Liam Ridgewell are part of a group of players confirmed as departing.last_img read more

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Riches and Cossack in Gold equation

first_img Press Association Eddie O’Leary, racing manager for the organisation, said there is “every chance” the duo will take each other on in the feature race at the Festival. While Road To Riches has had the race as his aim since putting up such a big effort in the Cheltenham Gold Cup, Don Cossack has since been to Aintree. Both Road To Riches and Don Cossack could represent Gigginstown House Stud in the Bibby Financial Services Punchestown Gold Cup.center_img His only defeat this season came in the Ryanair at Cheltenham but he was the most impressive winner of the meeting at Aintree and has apparently taken those exertions well. “All being well, the plan is the Bibby Financial Services Ireland Punchestown Gold Cup for Road To Riches. He had a hard race at Cheltenham but he’s fine again now and is ready to go,” said O’Leary. “There’s every chance that Don Cossack could go for the Gold Cup as well. He’s come out of Aintree very well. “It’s the case with both him and Road To Riches that if they tell us they want to run then they will.” last_img read more

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