The Daily Chase: Bezos passes torch at Amazon; Reddit trade pauses after rout
Amazon.com s blowout fourth quarter performance is being overshadowed by news that Jeff Bezos is stepping away from the grind at the company he built. He ll transition to the role of executive chair in the third quarter and pass CEO duties over to Amazon Web Services CEO Andy Jassy. We ll explore what this new management structure could mean for investors, consumers and AWS clients in the years ahead.
REDDIT TRADES LOSE STEAM
After tumbling yesterday, shares of GameStop, AMC Entertainment and BlackBerry are little changed in pre-market trading. Plenty of questions remain about whether the violent market swings in heavily shorted stocks will result in new market regulations. On that front, U.S. Treasury Secretary Janet Yellen has called a meeting with top financial regulators. Reuters is reporting that meeting could take place as soon as Thursday.
Warren Buffett: Q1 2021 Market Crash Could Be More Devastating Than Q1 2020 fool.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.ca Daily Mail and Mail on Sunday newspapers.
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REITs are great investments to add to your Tax-Free Savings Account TFSA). Among the many reasons for that view, a stable and recurring income stream tops the list. But what REITs should prospective investors buy? Fortunately, the market gives us plenty of options to consider. Here are several top REITs for 2021 investors to consider.
A strong legacy and future growth
RioCan Real Estate (TSX:REI.UN) is one of the largest REITs in Canada. RioCan’s portfolio has focused primarily on commercial retail properties with a tenant list that includes some of the largest names in finance and retail. In total, RioCan has 221 sites with 38.4 million square feet of leasable area. RioCan recently added mixed-use residential properties into the mix.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
RioCan Real Estate Investment Trust Realizes Density Value on Sales of Air Rights at The Well™ .
RioCan Real Estate Investment TrustDecember 23, 2020 GMT
TORONTO, Dec. 23, 2020 (GLOBE NEWSWIRE) RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced the completion of the sales of a portion of the air rights at The Well™ in Toronto and 5th & THIRD™ in Calgary. Combined, RioCan realized density value totalling approximately $45.4 million at RioCan’s interest for the development of multi-residential condominium and rental buildings that will provide complimentary residential to the commercial components of RioCan’s mixed-used developments.
RioCan Real Estate Investment Trust Realizes Density Value on Sales of Air Rights at The Well™ in Toronto and 5th & THIRD™ in Calgary wicz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wicz.com Daily Mail and Mail on Sunday newspapers.