Would it be a mistake right now . And we do expect big news from tesla during power lunch. It could move the stock. Mandy is off today but were happy to have melissa lee join us from the nasdaq. Well get down to her in just a moment. We begin with the big story on the American Housing market. Some really bullish new data but how bullish are they really . Diana olick in washington with the startling numbers. Di . Reporter well, tyler, its bullish depending on your take. Home construction took a big leap in june up nearly 10 from may but it was all driven by the multifamily apartment side. Renter nation rocks on. Singlefamily Housing Starts were down just under 1 in june from may, up 10 from a year ago but thats not really saying much given where we were a year ago. Multifamily is where the party is at. Starts up nearly 29 for the month, up 55 from a year ago. Thats where the good news is because weve been talking so much about skyhigh rents. More supply should help to ease that burden f
Floor of the New York Stock Exchange. Nicole good morning, dagen and connell. A big piece of news here. This is obviously a big deal. Ninety dollars a share. You can see how the stocks are faring. This will create the second largest package food company. You can see the upside. Conagra is up about 4 there. Obviously, big news on that. The dow today down 41 points. He regained 3. 3 . Today we have come under pressure. The s p and nasdaq also down. There is a loss of about 40 points. Yesterday we lost about 42 points. Shortterm pullback is pulled back. Dagen thank you. If congress is unable to prevent the fiscal cliff, our lawmakers could send the entire World Economy into a recession. Steve moore is here, senior Economics Writer at the wall street journal. He joins us now from washington, d. C. Will they prevent it, steve . The good news is, no one should ever listen to what they say. But, you know, these go sheesh and keep rolling on. My sources on capitol hill say that there is still
San Juan Basin Royalty Trust (NYSE:SJT – Get Free Report) was downgraded by equities researchers at StockNews.com from a “hold” rating to a “sell” rating in a research note issued to investors on Wednesday. San Juan Basin Royalty Trust Price Performance NYSE:SJT traded down $0.10 on Wednesday, reaching $4.17. 289,815 shares of the company’s stock […]
Pingora Partners LLC bought a new position in shares of San Juan Basin Royalty Trust (NYSE:SJT – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 285,788 shares of the oil and gas producer’s stock, valued at approximately $1,449,000. […]
DALLAS, May 20, 2024 /PRNewswire/ Argent Trust Company, as the trustee of the San Juan Basin Royalty Trust , today reported that it will not declare a monthly cash distribution to the holders.