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Image source: The Motley Fool. DATE Thursday, Aug. 13, 2026 at 4:30 p.m. ET CALL PARTICIPANTS Chief Executive Officer – Michael McGarrity Interim Chief Financial Officer – Ron Kalfus TAKEAWAYS Revenue — $27.2 million, an increase of 16% year over year driven by growth in the core prostate cancer diagnostics franchise. Sequential Revenue Growth —…
(Bloomberg) — Consuelo Vanderbilt Costin is one century and six generations removed from the man who built one of America’s most storied fortunes and seeded a small part of her own. Still, she’s building a family office she hopes will serve as a financial nexus for the 800-plus descendants of railroad tycoon Cornelius Vanderbilt. Costin’s…
One trend emerging from JLL’s Midyear North America Data Center Report is that developers continue to hit the power wall. This obstacle is stretching timelines in established hubs, encouraging developers to examine space in areas that were once outside of the industry’s main hubs. Working the Energy Crisis Sean Farney The power challenge raises the…
Tony Malkin’s Empire State Realty Trust wasted little time offloading a Garment District office building as the company’s transaction spree continues. Joe Sitt’s Thor Equities purchased the property at 1359 Broadway for $218 million, the Commercial Observer reported. The deal for the 486,000-square-foot building breaks down to more than $448 per square foot. The sale…
Fisher Brothers is turning to the Israeli bond market to buy out JPMorgan Asset Management’s stake in 605 Third Avenue. The New York-based developer is seeking to raise about $100 million on the Israeli bond market as unsecured bonds. A British Virgin Islands company tied to Fisher Brothers filed a prospectus on the Tel Aviv…
Gold holds above $4,500 as weaker dollar, Treasury buybacks boost weekly gains now
The move follows the promotion of John Amore to president of Kestra Financial. Credit: Garun .Prdt/ Shutterstock.com. Kestra Financial, headquartered in Austin, Texas, has named Kelly Apple as its new head of wealth management. She will be responsible for efforts to further develop the company’s investment, planning and advisory functions. Access deeper industry intelligence Experience unmatched…
A combination of severe heat and little rain has left many of Europe’s rivers drier than normal this summer, revealing formerly submerged relics and blind spots in the continent’s supply chain. The two rivers at the center of the crisis are the Danube and the Rhine. Both serve as major arteries for shipping and freight…
Sack Capital Partners has added another Silicon Valley multifamily property to its collection. The San Francisco-based real estate investment and management firm bought Koda Apartments, a 122-unit complex at 39867 Fremont Boulevard in Fremont, in a joint venture with LEM Capital for an undisclosed price, the Silicon Valley Business Journal reported. The seller of the…
Mumbai: Nearly nine out of 10 individual traders in India’s equity derivatives market lost money in FY26, even as regulatory curbs and higher transaction costs triggered the first annual decline in retail participation in a decade, according to a Securities and Exchange Board of India (SEBI) study. The study found that 88% of individual traders…