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U.S. equity markets rallied to fresh record highs this past week as long-term interest rates retreated despite inflation data showing the highest annual rise in consumer prices in decades. A seemingly insatiable bid for Treasury Bonds - a counterintuitive trend that some analysts like...
Vaccines are here, masks are off, and sports stadiums are full. Office desks around the country remain eerily empty, however, as office utilization rates remain a fraction of pre-COVID levels. For many corporations, there's no going back - at least not to pre-COVID norms. Survey data ...
Georgia Gov. Kemp Honors CatchMark's Forest Stewardship PR Newswire ATLANTA , June 9, 2021 /PRNewswire/ -- Georgia Gov. Brian Kemp honored Atlanta -based CatchMark Timber Trust, Inc. (NYSE: CTT) earlier this month as a 2021 partner in the state's...
U.S. equity markets flirted with fresh record-highs this week as concerns regarding economic "overheating" cooled after employment data showed that job growth fell short of expectations for the second straight month. Finishing on the cusp of fresh record-highs, the S&P 500 rallied...
The cost of lumber has increased 300% over the past 12 months, according to National Home Builder Association statistics. The reason is simple economics -- increased demand and limited supply. When the pandemic first began, home construction came to a standstill and a lot of sawmills and lu...
U.S. equity markets rallied this past week as long-term inflation expectations eased following a lukewarm slate of economic data and as massive new government spending programs face diminishing public support. Snapping a two-week skid, the S&P 500 rallied 1.2% on the week. Bitcoin...
REITs recorded a sequential improvement across all critical metrics in Q1, powering a historic wave of dividend growth in early 2021. However, several harder-hit property sectors are far from fully-recovered. The Great Financial Crisis resulted in long-term, lasting pain for the real ...
Reignited by the red-hot U.S. housing market, timber REITs and lumber producers have "caught fire" since mid-2020 as lumber prices have soared to record highs amid a historic supply shortage. Caught flat-footed by the velocity of the rebound in lumber demand from homebuilding and remo...
Timberland REIT stocks drop as lumber futures continue to skid for a second session after touching a record high about a week ago.Lumber futures ([[LB1:COM]] -14.9%) touched $1,711.20 on May 10, and have since slumped 22% to ~$1,327.00.As a result, stocks of timberland owners also retreat: We...
Overshadowed by concerns about rising inflation, a frenzy of real estate earnings reports over the last month has provided critical information on the state of the real estate industry. Results were better than expected across most major property sectors with roughly 80% of the 170 eq...
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NYKÖPING, SWEDEN / ACCESSWIRE / July 19, 2024 / CTT Systems AB (STO:CTT) SECOND QUARTER 2024 Net sales increased by 4% to MSEK 82.4 (79.0) - Currency adjusted increase of 3% Operating profit (EBIT) decreased to MSEK 31.4 (33.7) Operating margin (EBIT margin) decreased to...
NYKÖPING, SE / ACCESSWIRE / July 05, 2024 / CTT Systems AB (STO:CTT) Interim Report for Q2 2024 CTT Systems' Interim Report for Q2 2024 will be published on July 19th, 2024 at 08.00 (CEST) The presentation will be webcasted at 09:30 (CEST). The report will be presented by Henrik Höj...
NYKÖPING, SWEDEN / ACCESSWIRE / June 6, 2024 / CTT Systems AB (STO:CTT) CTT Systems, a global aviation leader of humidification systems for pilot, crew, and passenger areas, summarizes participation last week at the 2024 Aircraft Interiors Show ("AIX") in Hamburg, concluding strong airline...