May 6, 2021 by Scott Hood
Under a term repurchase agreement (term repo), a bank will agree to buy securities from a dealer and then resell them back to the dealer a short time later at a pre-specified price. The difference between the re-purchase and sale prices represents the implicit interest paid for the agreement. The repurchase agreement, or repo, market is an obscure but important part of the financial system that has drawn increasing attention lately. On average, $2 trillion to $4 trillion in repurchase agreements collateralized short-term loans are traded each day. But how does the market for repurchase agreements actually work, and whats going on with it? Between 2008 and 2014, the Fed engaged in Quantitative Easing (QE) to stimulate the economy. f. Mentor and Protg do ( ) do not ( ) have an agreement in principle to merge or sell stock to the other. l. The Protg does ( ) does not ( ) have a franchise or license agreement with the mentor. Changes to Form 2459 include que
MONMOUTH REAL ESTATE REPORTS RESULTS FOR THE SECOND QUARTER ENDED MARCH 31, 2021
HOLMDEL, NJ, May 04, 2021 (GLOBE NEWSWIRE) Monmouth Real Estate Investment Corporation (NYSE:MNR) reported Net Income Attributable to Common Shareholders of $25.9 million or $0.26 per diluted share for the three months ended March 31, 2021 as compared to Net (Loss) Attributable to Common Shareholders of $(75.1) million or $(0.77) per diluted share for the three months ended March 31, 2020, representing an increase of $101.0 million or $1.03 per diluted share. During the three months ended March 31, 2021, we recognized a $19.2 million unrealized gain or $0.19 per diluted share as compared to an $(83.1) million unrealized (loss) or $(0.85) per diluted share for the three months ended March 31, 2020. Funds from Operations (FFO), which excludes unrealized and realized gains or losses from our securities portfolio, for the three months ended March 31, 2021 were $20.6 million or $0.21 per diluted share vers
World of Beer sues Walden Galleria owners for not terminating their lease
According to the complaint, the lease states that when due to unavoidable delays caused by governmental prohibitions or regulations. . . or any other causes beyond such party s reasonable control to relieve that party of liability under the lease.
and last updated 2021-02-04 17:23:40-05
BUFFALO, N.Y. (WKBW) â World of Beer is suing the Walden Galleria owners, claiming they were not allowed to terminate their lease.
The complaint - which was filed Wednesday - states that Pyramid Walden Company would not honor the lease termination in the contract because World of Beer was obligated to continuously operate its restaurant during the calendar year 2020.