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.
Bragg Gaming Group Announces Closing of Oryx Gaming Acquisition and Will Debut on the TSX Venture Exchange Under the Symbol 'BRAG'
TORONTO and LONDON, December 20, 2018 /PRNewswire/ --
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).
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.
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.
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.
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.