U.S. Immigration Fund Announces Major Milestone For EB-5 Project, Fortress, Maefield And L&L Holding Company's TSX Broadway Closes On $1.6 Billion Financing Package

JUPITER, Fla., Dec. 21, 2018 /CNW/ -- U.S. Immigration Fund (USIF) is proud to announce that the EB-5 project, TSX Broadway, also known as 1568 Broadway, is one step closer to beginning construction. The Goldman Sachs senior loan of $1.125 billion and the USIF Mezzanine Loan of $494 million closed on December 12, 2018. TSX Broadway is a state-of-the-art mixed-use project with a development team that includes Fortress Investment Group, Maefield Development, and L&L Holding Company. EB-5 financing for the project was funded by U.S. Immigration Fund.

Full ArticleFri Dec 21, 2018 11:24am ESTU.S. Immigration Fund

TSX Venture Exchange Stock Maintenance Bulletins

VANCOUVER, Dec. 20, 2018 /CNW/ -

Full ArticleThu Dec 20, 2018 8:54pm ESTTSX Venture Exchange

Indices | Trending Ideas & Opinions Stream

Nasdaq Minimum Bid Price Deficiency Letter

HONG KONG, Dec. 20, 2018 /PRNewswire/ -- SGOCO Group, Ltd. (Nasdaq: SGOC) ("SGOCO" or the "Company"), a company focused on (a) Virtual Reality device and technologies research and development (b) environmental protection, energy saving technologies, equipment development and applications (c) money lending business in Hong Kong providing mortgage loans to high quality target borrowers with low credit risk who are able to provide mortgage collateral and/or third-party guarantee and (d) property investment to generate additional rental income to further boost the group's cashflow over the long term, today announced that the company received a deficiency letter from The Nasdaq Stock Market ("Nasdaq") on December 19, 2018, stating that, because the Company has not maintained a minimum closing bid price of $1.00 for the last 30 consecutive business days, the Company is no longer in compliance with Nasdaq Listing Rule 5550(a)(2).

Full ArticleThu Dec 20, 2018 9:00am ESTSGOCO Group, Ltd.

TSX Extends Listing Review Period of Sunwah International

TORONTO, Dec. 19, 2018 /CNW/ - Sunwah International Limited, TSX: SWH (the "Company"), a Hong Kong based investment firm and a member of major Asian conglomerate, Sunwah Group, announces that the Toronto Stock Exchange (the "TSX") has extended by 30 days the period to review the continued listing of the Company's common shares on the TSX.

Full ArticleWed Dec 19, 2018 12:27pm ESTSunwah International Limited
Finance Attitude - Major Indices Entering a Correction Phase

Major Indices Entering a Correction Phase

Sept. 08, 2017 /Yassine Maaroufi/ -- The Standard & Poor’s 500, covering US large caps has been heading down since the beginning of August, branching out of its current bullish trend, a seven-month long rally. It has bounced back however two weeks ago. It has reached a high of 2480 points above the previous support line but without reaching the previous peak of 2490 points. It has closed at 2465 points right on the support line. Technically the index is at a turning point and could either rejoin the bullish corridor or start a correction. The latter is particularly possible following the string of weak economic data released last week regarding employment.

Full ArticleFri Sep 8, 2017 3:00pm EST
Finance Attitude  - Major Stock Market Correcting Coursing After Year Long Uptrend

Major Stock Market Correcting Coursing After Year Long Uptrend

August 28, 2017 /Yassine Maaroufi/ -- The Standard & Poor’s 500 is in the middle of a correction after a 9-month upward trend directed by a solid support line. It closed at 2443.05 points last week, down 1.29% in 20 days from a high of 2490.87. The stock market has been trending up thanks to the positive economic growth in the US and the temporary pause in interest rates hikes by the Federal Reserve. The S&P 500 recorded 11.50% performance since December 2016, the beginning of the previous trend.  

Full ArticleMon Aug 28, 2017 11:20am EST
Finance Attitude  - The US stock market records multiyear high

The US Stock Market Records Multiyear High

July 14, 2017 /Yassine Maaroufi/ -- The S&P 500 is on a multiyear bullish trend interrupted by a double dip, one in the second half of 2015 and another in the first half of 2016. The US economy is one of the few that has wonderfully recovered from the financial crisis. The stock market has thrived in that period thanks to the effective monetary policy laid out by the Federal Reserve and the various incentives and economic programs launched by the US administration. The partial recovery of emerging economies has contributed to the upswing in big US corporations’ bottom line.  

Full ArticleFri Jul 14, 2017 10:05am EST