Sandisk: The 0.08x PEG Is Correct, But It May Not Last

Reliance Industries Q1 Results: Despite reporting a YoY decline, Reliance Industries posted its best first-quarter profit and surpassed street estimates. In Q1FY27, RIL’s consolidated net profit, attributable to owners, stood at Rs 20,946 crore, registering a decline of 22.4% YoY but improving by 4.4% sequentially. The year-on-year dip in the profitability is due to one-time…

Higher mortgage payments are putting growing financial pressure on Canadian homeowners, according to new findings from the 2024 Canadian Housing Survey, a joint initiative of Statistics Canada and Canada Mortgage and Housing Corp. Statistics Canada’s analysis of the survey found that 26.1% of homeowners with a mortgage were living in unaffordable housing in 2024, up…

A federal judge has tossed a class action complaint scrutinizing how the industry’s biggest lender handles its retirement savings plan.  Processing Content U.S. District Judge Susan K. DeClercq sided with United Wholesale Mortgage this week in ruling against former account executives who alleged mismanagement of the massive retirement fund. The decision squashes the case at…

NNN REIT (NNN +0.32%) extended its dividend growth streak to 37 consecutive years earlier this summer. That’s the third-longest streak among real estate investment trusts (REITs), which is quite impressive considering that there are around 180 publicly traded REITs. At its current dividend rate and share price, NNN REIT yields 5.6%, which is well above…

Total active inventory reached 1,534,918 homes, up 3.9% from July and the highest level since 2020. Demand stalls as costs remain a barrier Supply gains have not unlocked buyer activity. Pending home sales barely moved in August, rising just 0.1% from July and sitting near a one-year low, while closed sales fell 0.5% month over month…