On Monday, March 18, executives and guests of Rait Financial Trust (NYSE: RAS), will visit the New York Stock Exchange (NYSE) to commemorate the company's 15th anniversary.
To mark this occasion, Chairman and CEO Scott Schaeffer will ring the NYSE Closing Bell.
About Rait Financial Trust:
RAIT Financial Trust is an internally-managed real estate investment trust that provides debt financing options to owners of commercial real estate and invests directly into commercial real estate properties located throughout the United States. In addition, RAIT is an asset and property manager of real estate-related assets. For more information, please visit www.raitft.com.
Novabase Chairman’s, Rogério Carapuça and Maria Gil Marin, Investor Relations, ring the NYSE Euronext Lisbon closing bell to commemorate the entry in Portuguese index PSI 20. Novabase emerges in 1989, positioned as software-house, specialized in customized development. Over its 23-year history, Novabase has become the Portuguese leader in IT. Propelled by growth in Portugal and around the world, the company has been listed on Euronext Lisbon since July 2000. Its turnover in 2012 was €212 million, 29% from outside of Portugal, with business in 40 countries and 9 different time zones. Novabase has offices in Germany, Spain, France, theMiddle East, Mozambique, Angola and Portugal. It currently boasts more than 2,000 employees.
In the past 3 years, it has invested more than €26 million in research & development for...
In honor of Women’s History Month, the New York Stock Exchange is proud to have Afshan Khan, President and CEO of Women for Women International ring the Opening Bell. Joining her on the podium will be Andaz Hotels, a Presenting Sponsor of the March for Women campaign to highlight WfWI's March for Women. A month-long global campaign to celebrate the power and achievements of women around the world. NYSE celebrated International Women’s Day with an event at the exchange. For more information on International Women’s Day please click on the link http://www.nyx.com/events/nyse-womens-day.
About Women for Women International:
Since 1993, Women for Women International (WfWI) has worked to provide...
From The Trading Floor: Equities are trading in negative territory this morning as a levy imposed by euro area leaders on Cypriot bank deposits sparked concern the regions debt crisis is intensifying
Cyprus received a 10 billion euro bailout from the troika of lenders made up of the European Commission, the European Central Bank and the International Monetary Fund but with harsh conditions, including a bank depositor levy. Deposits of up to EUR100,000 will be taxed at 3%, those of EUR100,000 to EUR500,000 will be taxed at 10% and deposits of over EUR500,000 will be taxed at 15%.
Confidence among U.S. Homebuilders unexpectedly fell for the second month in March, a sign the residential real estate market will take some time to strengthen
Prices of newly built homes increased in 66 of 70 Chinese cities tracked by the National Bureau of Statistics in February. This is up from 53 the previous month
Ahead of the Bell: Dow futures are trading down 91 points and S&P futures are trading down 14 points after the European Union advised Cyprus, a member of the 17-nation euro zone block, over the weekend to levy a tax on bank accounts, as part of a 10 billion euro bailout. This is against previous EU practice that depositors' personal saving accounts were sacred. The country's parliament will vote on the proposal tomorrow and plans to soften the tax hike on smaller savers. Investors are concerned with bank runs and fears of contagion in the financial sector, which is sending shock waves throughout global financial markets.
On the economic calendar today, the housing market index for January will be out after the opening bell, economists expects a reading of 47, compare with 46 in February. The dollar is up against the major currencies. Gold is trading at $1,576. Crude oil is currently trading at $...