commercial

Chinese Geely Buys Stake in Sweidsh Volvo

Chinese Geely Buys Stake in Sweidsh Volvo

On Wednesday, China’s privately-owned automotive group, Geely Holding, has announced plans to acquire an 8.2% share capital holding and 15.6% voting rights in the leading Swedish manufacturer of truck engines, AB Volvo. Chairman Li Shufu of Ge..

Microsoft Shares Jump on Better-than-expected Earnings

Microsoft Shares Jump on Better-than-expected Earnings

Microsoft Corporation (NASDAQ: MSFT) on Thursday reported revenue and earnings that beat analysts’ estimates, sending the stock to a new all-time high.The tech giant posted revenue of $24.54 percent in the first quarter of its 2018 fiscal..

Warren Buffett's Berkshire Hathaway Inc. Invests in Commercial REIT Store Capital

Warren Buffett's Berkshire Hathaway Inc. Invests in Commercial REIT Store Capital

Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK.B) has acquired 9.8% stake in Store Capital Corp. (NYSE: STOR), a real estate investment trust (REIT) from Scottsdale Arizona. This is an interesting development, as many investo..

CIM Commercial Trust Corporation Gains 13+%

CIM Commercial Trust Corporation Gains 13+%

CIM Commercial Trust Corporation (NASDAQ: CMCT)stock rose over 13% on Tuesday.On the morning of June 12, 2017, the company announced that they will repurchase 26,181,818 shares and declare regular as well as special dividends.According to their pres..