FRI News and Press, First Trust S&P REIT Index Fund From 10/27/23

FICO (NYSE:FICO), a leading predictive analytics and decision management software company, will announce its fourth quarter fiscal 2023 results on November 8, 2023, after the market closes and will host a conference call on November 8 th at 5:00 p.m. Eastern Time (4:00 p.m. Central/ 2:00 p.m....

2023-10-27 04:30:00 ET Summary REITs derive the majority of their revenue as rental income from tenants who sign leases on the space the REIT owns. As of September 30, 2023, the FTSE NAREIT All Equity REIT Index was 25% below its peak established on December 31, 2021. In summa...

2023-10-26 08:29:00 ET Summary Political Calculations' initial estimate of the market capitalization of new homes sold during the month of September 2023 is $30.62 billion. While September 2023's market cap is approaching the nominal, non-inflation adjusted peak from the housing b...

FICO places first in Innovation for the seventh year in a row FICO (NYSE: FICO): Highlights: 2024 marks the second year FICO is recognized as a top five risk and compliance technology company in the Chartis Research RiskTech100® report. FICO was also awarded first...

2023-10-26 02:45:00 ET Summary What homebuilder PulteGroup said about mortgage-rate buydowns. Homebuilders have figured out this market, homeowners have not. To sell new houses in this 8% mortgage environment, homebuilders – whose stocks have gotten battered since August &#...

2023-10-25 02:35:00 ET Summary We will focus on the apartment sector in the U.S. and Europe, with an emphasis on the moderately priced, or affordable segment of the market. Over the past 12 months, demand for apartments has remained near record levels across key strategic markets ...

2023-10-22 09:00:00 ET Summary U.S. equity markets slumped on a turbulent week as benchmark interest rates swelled to fresh multi-decade highs after Fed Chair Powell left open the possibility of additional Fed rate hikes. Following two weeks of modest gains, the S&P 500 slumpe...

2023-10-21 12:00:00 ET More on REITs: MORT: No Real Compelling Case To Buy SRET: Narrow Focus On Dividend Yield May Lead To Poor Performance REZ: A Fund That Lost Its Focus Housing market struggles as mortgage rates hit 23-year highs For further detai...

2023-10-20 06:00:00 ET Summary Today’s higher interest rates and slowing growth have been elevating the need for property income stability in a real estate portfolio. The real estate sectors in favorable positions to sustain income stability during the current economic slow...

2023-10-18 21:20:00 ET Summary Mortgage rates officially hit 8% today. It’s amazing considering mortgage rates were as low as 2.5% back in just 2020. It isn’t the high rate that is so alarming – it’s the rate of change. And this is what separates this p...