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The ‘Whisper Listing’ Gets Louder
  + stars: | 2023-07-07 | by ( Gregory Schmidt | ) www.nytimes.com   time to read: 1 min
Often associated with the world of well-connected brokers and their affluent clients, the whisper listing is commonly used for deals in which the seller wishes to remain private. “They don’t want their neighbors to know they are selling,” said Peggy Olin, chief executive of OneWorld Properties, a South Florida-based brokerage that caters to wealthy homeowners. Keeping a potential sale hush-hush allows owners to test the waters without the glare of the spotlight, she added. Lately, the term has been popping up across the broader housing market, which has been stumbling, partly because of a slide in sales and an uptick in mortgage rates.
Persons: , Peggy Olin Organizations: OneWorld Properties Locations: South Florida
Russia issued an arrest warrant for Lindsey Graham after an edited video of him was posted online. Graham said that he would wear the arrest like a "Badge of Honor." Graham said in a statement on Monday that he would "wear the arrest warrant issued by Putin's corrupt and immoral government as a Badge of Honor." Ukrainian President Volodymyr Zelenskyy's office released an edited video from Graham's visit to Kyiv on Friday, where two clips of Graham were stitched together. The sequence of statements in the edited video, which made it appear that Graham was jubilant about Russians dying, angered Russian officials.
It’s a problem that’s vexed the wind energy industry and provided fodder for those who seek to discredit wind power. But in February, Danish wind company Vestas said it had cracked the problem. It announced a “breakthrough solution” that would allow wind turbine blades to be recycled without needing to change their design or materials. Wind energy has been growing at a fast pace. It is the world’s leading renewable energy technology behind hydropower, and plays a vital role in helping countries move away from fossil fuel energy, which pumps out planet-heating pollution.
A waterfront area in Battery Park City, which is at the center of a major climate resilience project. Emma Newburger | CNBCWagner Park, a cherished waterfront greenspace in Battery Park City, boasts unobstructed views of the Statue of Liberty and New York Harbor. Wagner Park will soon be demolished and built ten feet higher as part of the Battery Park City Resiliency Project. "The Wagner Park plan has gotten some critical attention from a few, but it's also gotten a lot of support." "This community is going to be fine one way or the other," Pawlowski said of Battery Park City.
In a year when corporate earnings are broadly expected to deteriorate , some midcap names with cheap valuations are forecast to see strong earnings growth. However, the blended S & P earnings decline for the fourth-quarter is -5%, per FactSet. Midcap stocks are faring slightly better, with the S & P 400 MidCap up nearly 8% year to date. Each is also expected to post earnings growth of at least 20%, per FactSet. Earnings growth at $8.3 billion market cap company is expected to expand by nearly 32% and it has a P/E of 10.4.
Within the portfolio, we'll get the latest earnings from Danaher (DHR), Halliburton (HAL), and Johnson & Johnson (JNJ) on Tuesday before the opening bell. While the results will be important as always, we are most interested in the earnings call with analysts and investors. Housing Starts fell 1.4% in December to a seasonally adjusted annual rate of 1.38 million, slightly above the 1.36 million expected. Building permits dropped 1.6% in December to a seasonally adjusted annual rate of 1.33 million, below expectations of 1.37 million. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
CNN —A nurse at a Department of Veterans Affairs medical facility in Texas sued the department Tuesday over its decision to offer abortions services in certain cases and abortion counseling to veterans, claiming the new rules violate her religious beliefs. Though the lawsuit is reportedly one of the first challenges to the new rule, it is not seeking to block the department from enforcing the policy nationwide. Instead, it asks the court to rule that the policy is illegal and unconstitutional and block the department from enforcing the policy at the facility in Temple. The state additionally has a civil enforcement law – authorizing private citizens to bring lawsuits against alleged violators in state court – for abortions performed after around six weeks into the pregnancy. These services are also offered to Civilian Health and Medical Program of the Department of Veterans Affairs beneficiaries.
Multiple celebrities say they have quit Twitter in the wake of Elon Musk's takeover. Now, some celebrities are making good on their threats to quit Twitter. Téa LeoniThe actress best known for her role in "'Madam Secretary" has also seemingly deleted her Twitter account. Gigi HadidThe fashion model took to Instagram to condemn Twitter, especially under Musk's leadership, announced she'd be deactivating her account. "I deactivated my Twitter account today.
Remaking the River That Remade L.A.February 1938 was a wet month in Los Angeles. Reservoirs overflowed, dams topped out and floodwaters careered down Pacoima Wash and Tujunga Wash toward the Los Angeles River. The Los Angeles River was never a storybook river of the kind that, like the Hudson or the Seine, we associate with great cities. Among the naysayers is a venerable organization called Friends of the Los Angeles River, founded by the Texas-born poet and performance artist Lewis MacAdams. “With all the problems L.A. is facing,” he said, “even if it costs $50 billion to fix the river, we should just effing do it.”The headwaters of the Los Angeles River aren’t easy to find.
Multiple celebrities say they have quit Twitter in the wake of Elon Musk's takeover. Musk's $44 billion deal to buy the social-media platform closed on Thursday. Screenwriter, producer, and showrunner Shonda Rhimes tweeted on Saturday: "Not hanging around for whatever Elon has planned. It follows online chatter in April, when some stars vowed to leave the platform after Musk's deal closed, citing concern over what the billionaire would do at the helm of the company. Now, some celebrities are making good on their threats to quit Twitter.
But protocols failed to match reality at the Niagara Falls plant, according to more than a dozen workers. In addition to those signature diseases, which are rare even among asbestos workers, the tiny strands can harm the body in other ways. In the 15 years that followed, congressional attempts to ban asbestos would continue to fall short. OSHA declined to make an official available for an on-the-record interview or comment on ProPublica's findings at the Niagara Falls plant. At the OxyChem plant in Wichita, union president Keith Peacock said he was comfortable with the way asbestos was handled.
The three major averages closed higher Friday, with the S & P 500 adding 2.37% to close at 3,752.75. Stovall said the S & P 500 had six positive moves of 1% or more in the last 17 trading days, as of Friday. Earnings, earnings, earnings About 150 S & P 500 companies report earnings in the coming week. Technically speaking Scott Redler, partner with T3Live.com, said he is watching a formation in the S & P 500 that could be positive. His first target for the S & P 500 is 3,800.
Sachem Head invests with chemicals company Olin Corporation, flavors and fragrance company IFF and food service distributor US Foods Holding and each one replaced its chief executive officer after Sachem Head became involved. He praised the company's plan for share buybacks, saying it was eyeing buying back 20% of outstanding shares a year. The company's CEO Pietro Satriano also left the company. Activists often try to push for changes by influencing the board, sometimes by trying to get seats on the board. In a recent regulatory filing, Sachem Head said that it had made investments in FedEx and Hasbro, both of which have had activist investors pushing for changes this year.
U.S.-based economists Ben Bernanke, Douglas Diamond and Philip Dybvig were awarded the Nobel prize in economic sciences for 2022 for their research on banks and financial crises. They added this was "invaluable" during the 2008-09 financial crisis and the coronavirus pandemic. The winners of the prize — officially called the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel — receive 10 million Swedish krona ($883,000) to be split between them. The Royal Swedish Academy of Sciences select the winners from a list of candidates recommended by the Economic Sciences Prize Committee. He again cited the insurance sector in the U.K., when he said the "mismatch" came when there were calls for more collateral from insurance companies.
Change Healthcare – Shares of Change Healthcare jumped 6.4% after a federal judge said that UnitedHealth cannot take over the company. Humana – Shares of health company Humana gained 1% and touched an all-time high a day after the company raised its earnings guidance for the fiscal year. Cognex — Shares of machine vision systems maker Cognex jumped nearly 7% after the company raised its revenue outlook for the current quarter. Olin — The manufacturing company fell 4.6% after issuing its third-quarter EBITDA guidance. MicroStrategy – Shares of software company MicroStrategy fell 4.6% after the company announced that it made its smallest purchase of Bitcoin in two years.
For the third year in a row, Olins Business School was ranked the top entrepreneurship program. Out of 131 schools, Olin's MBA program ties with Notre Dame's Mendoza College of Business for 29th place in US News & World Report's 2023 Best Business Schools report for its full-time MBA program. "This is not a program where you can get lost in a crowd of 300 to 400 students," Pyles said. In fact, she flagged lack of transparency as an indication the student may lack genuine interest in Olin's MBA program and what it has to offer. Nnakwue reached out to Olin students on LinkedIn and introduced himself as a prospective student interested in learning more about the Olin experience.
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