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U.S. equity markets retreated from record highs this past week, pressured by renewed COVID concerns and hotter-than-expected inflation data showing the fastest rise in consumer and producer prices in decades. The S&P 500 declined by 1.0% on the week while Mid-Caps and Small-Caps s...
The REIT sector has achieved a positive total return in every single month of the first half of 2021, including a +2.97% average return in June. Micro cap REITs (+6.05%) led in June, outperforming their larger peers in back to back months. Mid caps (+1.70%) underperformed again in Jun...
U.S. equity markets were mixed on a volatile holiday-shortened trading week as renewed concerns over the spread of COVID variants and downbeat economic data pulled global sovereign yields to five-month lows. Climbing for the third-straight week and closing at record highs, t...
U.S. equity markets were mixed this past week as better-than-expected housing market data and "Goldilocks" employment data were offset by ongoing COVID concerns abroad over the "Delta" variant. Setting fresh record highs on seven straight days - the longest streak since 1997 - the S&a...
CIM Commercial Trust is a child of the real estate empire CIM Group. CMCT has provided a textbook example of the bad things that can happen to shareholders of externally managed REITs. Recent developments have included the emergence of a second group seeking to dislodge CIM Group ...
U.S. equity markets rebounded following the worst week since February on promises of bipartisan progress on a significantly slimmed-down infrastructure package, reflecting concern that additional stimulus could further inflame inflation. Delivering its best week since February and clo...
CIM Commercial Trust Corporation (NASDAQ: CMCT and TASE: CMCT‑L) (“we”, “our”, “CMCT”, “CIM Commercial”, or the “Company”) announced the final results of its rights offering, which expired at 4:00 p.m., New Yor...
CIM Commercial Trust ([[CMCT]] -0.5%) announces that the subsidiaries of CIM Group intends to subscribe for up to an additional three million shares in the over-subscription.If allotted, this will bring subsidiaries of CIM Group’s participation in the rights offering from ~3M shar...
CIM Commercial Trust Corporation (NASDAQ: CMCT and TASE: CMCT‑L) (“we”, “our”, “CMCT”, “CIM Commercial”, or the “Company”) announced today that subsidiaries of CIM Group have advised CMCT that, in addition to s...
U.S. equity markets slid to their worst week since February after the Federal Reserve accelerated its "lift-off" plans in response to surging inflation, sparking a sell-off in economically sensitive assets. Snapping a three-week winning streak and retreating from record-highs set...
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Creative Media & Community Trust Corporation Company Name:
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Creative Media & Community Trust Corporation (NASDAQ and TASE: CMCT) (“we”, “our”, “CMCT”, or the “Company”), today reported operating results for the three months ended March 31, 2024. First Quarter 2024 Highlights Real ...
Bank of Georgia Group Plc (BDGSF) is expected to report for Q1 2024 iCad Inc. (ICAD) is expected to report for Q1 2024 Yasheng Group (HERB) is expected to report for Q1 2024 Bit Digital Inc. (BTBT) is expected to report $0.01 for Q1 2024 Estrella Immunopharma Inc. (ESLA) is expect...
Creative Media & Community Trust (NASDAQ: CMCT; TASE: CMCT) (“CMCT”) announced today that it will report its first quarter 2024 earnings results after the market close on Wednesday, May 15, 2024. A conference call is scheduled for 12:00 p.m. Eastern Time on Thursday, May 16,...