On Thursday, March 21, 25 recipients of the Medal of Honor, our nation’s highest award for military valor, will visit the New York Stock Exchange and ring The Closing Bell.
About the Medal of Honor:
The Medal of Honor is the highest award for valor in action against an enemy force which can be bestowed upon an individual serving in the armed services of the U.S. Generally presented to its recipient by the President of the United States in the name of Congress, it is commonly referred to as the Congressional Medal of Honor.
The creation of the Medal of Honor began in 1861 during the Civil War. Later, in August 1958, President Dwight Eisenhower signed legislation sent to him by Congress chartering the Congressional Medal of Honor Society. Unlike other organizations, this group’s members hope that there will be no other inductees. From all walks of life, the recipients share a love for the...
Executives and guests of Chicago-based Aviv REIT, a real estate investment trust that specializes in owning post-acute and long-term care skilled nursing facilities and other healthcare properties, will visit the New York Stock Exchange (NYSE) to celebrate the company’s initial public offering. Aviv REIT will begin trading today on the NYSE under the ticker symbol “AVIV”.
In honor of the occasion, Chairman and Chief Executive Officer Craig Bernfield, joined by members of the company’s management team, will ring the NYSE Opening Bell.
Aviv REIT, Inc. (NYSE: AVIV)
Aviv REIT, Inc., based in Chicago, is a real estate investment trust that specializes in owning post-acute and long-term care skilled nursing facilities and other healthcare properties. Aviv is one of the largest owners...
From The Trading Floor: Despite better than expected jobless claim data, investors have chosen to book some profits after the ECB set a deadline of March 25th for Cyprus aid and manufacturing data in Germany unexpectedly fell this month.
Fewer Americans than forecast filed first time claims for unemployment insurance last week (336,000) a signal the U.S. labor market is maintaining its recent progress
The House Price Index rose slightly to 0.6% for January
Aviv REIT (AVIV) went public on the NYSE this morning pricing 13.2 million shares at $20, above the range of $18 - $20 with an opening price of $22.20 on a print of 1,451,527 shares.
American’s view of the economic outlook improved in March to the highest level this year as stock prices rallied to a record high. The weekly measure fell for the first time in 7 weeks to minus 33.9 from minus 31.6
Ahead of the Bell: Dow futures are trading up 15 points and S&P futures are trading up 2 points as reports in Europe showed that German manufacturing unexpectedly contracted while Cyprus’s president worked on a new plan to obtain a European bailout. A purchasing managers’ index for Germany’s manufacturing industry unexpectedly fell to 48.9 this month from 50.3 in February, London-based Markit Economics reported today; readings below 50 indicate contraction. Investors are also awaiting a slew of economic data today, including jobless claims, home sales and lead indicators.
On the economic calendar today, initial jobless claims for the week ended 3/16 will be released and 340K is expected, vs. 332K the week before. PMI manufacturing index for March will be released before the market opens and economists forecast a reading of 55.0, compared to 55.2 the month prior. Existing...