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2021-08-31

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2021-08-31

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US home price growth surges at fastest rate in more than 30 years

2021-08-24

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2 Powerful Warren Buffett Dividend Stocks You Can Buy Right Now

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It is the 13th consecutive month of accelerating prices and the third straight month in which the growth rate of housing prices set a record. The 20-City Composite posted a 19.1% annual gain, up from 17.1% a month earlier. The 20-City results far surpassed analysts’ expectations of a 18.6% annual gain, according to Bloomberg consensus estimates.</p>\n<p>“The last several months have been extraordinary not only in the level of price gains, but in the consistency of gains across the country,” said Craig J. Lazzara, managing director and global head of index investment strategy at S&amp;P Dow Jones Indices, in a press statement. “In June, all 20 cities rose, and all 20 gained more in the 12 months ended in June than they had gained in the 12 months ended in May.”</p>\n<p>In June, Boston joined Charlotte, Cleveland, Dallas, Denver, and Seattle in recording their all-time highest 12-month gains, according to the data. For the 25th straight month Phoenix led the 20-City Composite posting a 29.3% annual gain, with San Diego and Seattle right behind it posting a 27.1% and 25% year-over-year gain, respectively.</p>\n<p>“Home prices in 19 of our 20 cities (all but Chicago) now stand at all-time highs, as do the National Composite and both the 20-City indices,” said Lazzara.</p>\n<p>“We have previously suggested that the strength in the U.S. housing market is being driven in part by reaction to the COVID pandemic, as potential buyers move from urban apartments to suburban homes. June’s data are consistent with this hypothesis,” he added. “This demand surge may simply represent an acceleration of purchases that would have occurred anyway over the next several years.”</p>\n<h2><b>A slowdown is likely</b></h2>\n<p>Despite the upward record-setting trend, economists expect home price growth to decelerate as more inventory is expected to be introduced throughout the rest of the year. However, the shift is not reflected in the Case-Shiller data yet because the data lags current conditions and is a rolling three-month average. Last week, the National Association of Realtors (NAR) reported that the median existing-home price for all housing types in July was $359,900, up 17.8%, but a slowdown from the 20% to 29% price growth from a year ago.</p>\n<p>“We’re pretty sure that the rate of increase of home prices is slowing, given the clear shift in median price data for existing home — after seasonal adjustments — but the softening is not yet visible in the Case-Shiller data,” said Pantheon Macroeconomics in a research note Wednesday morning prior to the results.</p>\n<p>In July, there were more homes for sale than there were two or three months ago, said Lawrence Yun, chief economist at NAR, who expects inventory to continue to increase this year. The number of homes for sale at the end of July totaled 1.32 million units, up 7.3% from June’s supply.</p>\n<p>“Despite some improvements to the availability of for-sale homes since winter’s inventory lows and spring’s mortgage rate increases, the housing market imbalances that propelled price growth to record highs persist. While some buyers are reaching their affordability ceiling and others are fatigued from making multiple offers, many enthusiastic buyers are still competing for limited inventories,” said CoreLogic Deputy Chief Economist Selma Hepp prior to the results.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US home price growth surges at fastest rate in more than 30 years</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS home price growth surges at fastest rate in more than 30 years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 21:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/case-shiller-home-price-june-2021-130002781.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Home price growth in the U.S. continued to heat up in June, setting a new record — yet again.\nStandard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a ...</p>\n\n<a href=\"https://finance.yahoo.com/news/case-shiller-home-price-june-2021-130002781.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FMCC":"房地美","XHB":"房屋建筑商指数ETF-SPDR","LEN":"莱纳建筑公司","DHI":"霍顿房屋","FNMA":"房利美","PHM":"普得集团","KBH":"KB Home","Z":"Zillow","ZG":"Zillow Class A","TOL":"托尔兄弟"},"source_url":"https://finance.yahoo.com/news/case-shiller-home-price-june-2021-130002781.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2163785204","content_text":"Home price growth in the U.S. continued to heat up in June, setting a new record — yet again.\nStandard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a 18.6% annual gain in June, up from 16.8% in May — the highest rate in more than 30 years of data. It is the 13th consecutive month of accelerating prices and the third straight month in which the growth rate of housing prices set a record. The 20-City Composite posted a 19.1% annual gain, up from 17.1% a month earlier. The 20-City results far surpassed analysts’ expectations of a 18.6% annual gain, according to Bloomberg consensus estimates.\n“The last several months have been extraordinary not only in the level of price gains, but in the consistency of gains across the country,” said Craig J. Lazzara, managing director and global head of index investment strategy at S&P Dow Jones Indices, in a press statement. “In June, all 20 cities rose, and all 20 gained more in the 12 months ended in June than they had gained in the 12 months ended in May.”\nIn June, Boston joined Charlotte, Cleveland, Dallas, Denver, and Seattle in recording their all-time highest 12-month gains, according to the data. For the 25th straight month Phoenix led the 20-City Composite posting a 29.3% annual gain, with San Diego and Seattle right behind it posting a 27.1% and 25% year-over-year gain, respectively.\n“Home prices in 19 of our 20 cities (all but Chicago) now stand at all-time highs, as do the National Composite and both the 20-City indices,” said Lazzara.\n“We have previously suggested that the strength in the U.S. housing market is being driven in part by reaction to the COVID pandemic, as potential buyers move from urban apartments to suburban homes. June’s data are consistent with this hypothesis,” he added. “This demand surge may simply represent an acceleration of purchases that would have occurred anyway over the next several years.”\nA slowdown is likely\nDespite the upward record-setting trend, economists expect home price growth to decelerate as more inventory is expected to be introduced throughout the rest of the year. However, the shift is not reflected in the Case-Shiller data yet because the data lags current conditions and is a rolling three-month average. Last week, the National Association of Realtors (NAR) reported that the median existing-home price for all housing types in July was $359,900, up 17.8%, but a slowdown from the 20% to 29% price growth from a year ago.\n“We’re pretty sure that the rate of increase of home prices is slowing, given the clear shift in median price data for existing home — after seasonal adjustments — but the softening is not yet visible in the Case-Shiller data,” said Pantheon Macroeconomics in a research note Wednesday morning prior to the results.\nIn July, there were more homes for sale than there were two or three months ago, said Lawrence Yun, chief economist at NAR, who expects inventory to continue to increase this year. The number of homes for sale at the end of July totaled 1.32 million units, up 7.3% from June’s supply.\n“Despite some improvements to the availability of for-sale homes since winter’s inventory lows and spring’s mortgage rate increases, the housing market imbalances that propelled price growth to record highs persist. While some buyers are reaching their affordability ceiling and others are fatigued from making multiple offers, many enthusiastic buyers are still competing for limited inventories,” said CoreLogic Deputy Chief Economist Selma Hepp prior to the results.","news_type":1},"isVote":1,"tweetType":1,"viewCount":419,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834499109,"gmtCreate":1629816969701,"gmtModify":1676530141555,"author":{"id":"4091968837437370","authorId":"4091968837437370","name":"FookYong","avatar":"https://static.tigerbbs.com/50fd9025d23ba140770c7f0f79a8a214","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091968837437370","authorIdStr":"4091968837437370"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/834499109","repostId":"2161894088","repostType":4,"repost":{"id":"2161894088","pubTimestamp":1629817018,"share":"https://ttm.financial/m/news/2161894088?lang=&edition=fundamental","pubTime":"2021-08-24 22:56","market":"us","language":"en","title":"2 Powerful Warren Buffett Dividend Stocks You Can Buy Right Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2161894088","media":"Motley Fool","summary":"Both are high-yielders at over 4%.","content":"<p>Quick, can you name a famous investor who earns billions of dollars in dividends every year from publicly traded companies? If you said Warren Buffett, you've identified <a href=\"https://laohu8.com/S/AONE.U\">one</a> star stock picker at the top of the list.</p>\n<p>Buffett and his investment vehicle <b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) are huge on dividend stocks. So much so that the company stands to draw nearly $4 billion in such payouts alone this year.</p>\n<p>In that spirit, here's a look at two particularly attractive Buffett dividend stocks that can pump out a thick stream of regular income to your portfolio, too: <b>Verizon Communications</b> (NYSE:VZ) and <b><a href=\"https://laohu8.com/S/STOR\">STORE Capital</a></b> (NYSE:STOR).</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F640241%2Fwarren-buffett-by-the-motley-fool.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Image source: The Motley Fool.</span></p>\n<h2>Verizon</h2>\n<p>Up until a few years ago, the old-fashioned Buffett basically eschewed tech stocks. That changed with the arrival of Ted Weschler and Todd Combs as investment managers at Berkshire Hathaway. Since then, the two relatively young men were instrumental in Berkshire taking a stake in <b>Apple</b> (NASDAQ:AAPL). Combs was likely the decision maker in its buying cloud-based data storage and analytics service provider <b><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a> </b>(NYSE:SNOW).</p>\n<p>It's probable that one or both were also the trigger-pullers on the company's largest telecom sector investment currently, rock-solid incumbent Verizon, which also happens to be a dependable dividend payer.</p>\n<p>Operating in a business with constant and heavy cash flow thanks to its nearly 95 million wireless retail connections, the company has plenty of dosh for a high dividend.</p>\n<p>Paying one is a long-standing Verizon habit. It and its corporate predecessors have dispensed a disbursement in every quarter since the mid-1980s. Over the past 10 years, that's crept up from just under $0.49 per share to the current level of almost $0.63. That makes for a hearty dividend yield of 4.5% on the most recent closing share price.</p>\n<p>Meanwhile, Verizon is assertively building out its 5G network, which when fully broadened should deliver extremely fast internet connection speeds to its customers. Yes, that's an expensive undertaking, but with nearly $130 billion in revenue and free cash flow approaching $24 billion last year, the company has more than enough for that shareholder-pleasing dividend.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b066a45de1a25d10609d25637370aa14\" tg-width=\"700\" tg-height=\"324\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>STORE Capital</h2>\n<p>Of the nearly 50 stocks in Berkshire Hathaway's portfolio of publicly traded companies, there is but a single real estate investment trust (REIT): STORE Capital.</p>\n<p>The company is focused on the retail sector, which was hit hard by the pandemic. But the damage was contained by the REIT's strategy of limiting exposure: No single one of its tenants contributes over 3% to the company's total rental income.</p>\n<p>That, plus an aggressive expansion program that's seen the company grow its portfolio to more than 2,700 properties across the U.S., has kept it on a growth path. Rental revenue growth was stunted last year because of the pandemic, but still grew (by 3% compared to 2019).</p>\n<p>If the company's recently released second-quarter figures are any indication, better times are ahead: Rental revenue increased by 15% on a year-over-year basis. Meanwhile, STORE Capital's adjusted funds from operations (AFFO, the most important profitability line item for REITs) leaped 25% across that one-year stretch.</p>\n<p>For REITs, since they're required to pay out nearly all of their profits in the form of shareholder remuneration, higher profitability equals higher dividend. As STORE Capital continues to grow its business, so grows its payout. Since declaring its first dividend after its 2014 IPO, the REIT's distribution has ballooned from just over $0.11 per share to the present $0.36. At the current share price, that yields a generous 4.1%.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Powerful Warren Buffett Dividend Stocks You Can Buy Right Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Powerful Warren Buffett Dividend Stocks You Can Buy Right Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-24 22:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/24/2-powerful-warren-buffett-dividend-stocks-you-can/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Quick, can you name a famous investor who earns billions of dollars in dividends every year from publicly traded companies? If you said Warren Buffett, you've identified one star stock picker at the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/24/2-powerful-warren-buffett-dividend-stocks-you-can/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VZ":"威瑞森","STOR":"STORE Capital","BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"https://www.fool.com/investing/2021/08/24/2-powerful-warren-buffett-dividend-stocks-you-can/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2161894088","content_text":"Quick, can you name a famous investor who earns billions of dollars in dividends every year from publicly traded companies? If you said Warren Buffett, you've identified one star stock picker at the top of the list.\nBuffett and his investment vehicle Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) are huge on dividend stocks. So much so that the company stands to draw nearly $4 billion in such payouts alone this year.\nIn that spirit, here's a look at two particularly attractive Buffett dividend stocks that can pump out a thick stream of regular income to your portfolio, too: Verizon Communications (NYSE:VZ) and STORE Capital (NYSE:STOR).\nImage source: The Motley Fool.\nVerizon\nUp until a few years ago, the old-fashioned Buffett basically eschewed tech stocks. That changed with the arrival of Ted Weschler and Todd Combs as investment managers at Berkshire Hathaway. Since then, the two relatively young men were instrumental in Berkshire taking a stake in Apple (NASDAQ:AAPL). Combs was likely the decision maker in its buying cloud-based data storage and analytics service provider Snowflake (NYSE:SNOW).\nIt's probable that one or both were also the trigger-pullers on the company's largest telecom sector investment currently, rock-solid incumbent Verizon, which also happens to be a dependable dividend payer.\nOperating in a business with constant and heavy cash flow thanks to its nearly 95 million wireless retail connections, the company has plenty of dosh for a high dividend.\nPaying one is a long-standing Verizon habit. It and its corporate predecessors have dispensed a disbursement in every quarter since the mid-1980s. Over the past 10 years, that's crept up from just under $0.49 per share to the current level of almost $0.63. That makes for a hearty dividend yield of 4.5% on the most recent closing share price.\nMeanwhile, Verizon is assertively building out its 5G network, which when fully broadened should deliver extremely fast internet connection speeds to its customers. Yes, that's an expensive undertaking, but with nearly $130 billion in revenue and free cash flow approaching $24 billion last year, the company has more than enough for that shareholder-pleasing dividend.\nImage source: Getty Images.\nSTORE Capital\nOf the nearly 50 stocks in Berkshire Hathaway's portfolio of publicly traded companies, there is but a single real estate investment trust (REIT): STORE Capital.\nThe company is focused on the retail sector, which was hit hard by the pandemic. But the damage was contained by the REIT's strategy of limiting exposure: No single one of its tenants contributes over 3% to the company's total rental income.\nThat, plus an aggressive expansion program that's seen the company grow its portfolio to more than 2,700 properties across the U.S., has kept it on a growth path. Rental revenue growth was stunted last year because of the pandemic, but still grew (by 3% compared to 2019).\nIf the company's recently released second-quarter figures are any indication, better times are ahead: Rental revenue increased by 15% on a year-over-year basis. Meanwhile, STORE Capital's adjusted funds from operations (AFFO, the most important profitability line item for REITs) leaped 25% across that one-year stretch.\nFor REITs, since they're required to pay out nearly all of their profits in the form of shareholder remuneration, higher profitability equals higher dividend. As STORE Capital continues to grow its business, so grows its payout. Since declaring its first dividend after its 2014 IPO, the REIT's distribution has ballooned from just over $0.11 per share to the present $0.36. At the current share price, that yields a generous 4.1%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":818255055,"gmtCreate":1630416547277,"gmtModify":1676530297234,"author":{"id":"4091968837437370","authorId":"4091968837437370","name":"FookYong","avatar":"https://static.tigerbbs.com/50fd9025d23ba140770c7f0f79a8a214","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091968837437370","idStr":"4091968837437370"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/818255055","repostId":"2163785204","repostType":4,"isVote":1,"tweetType":1,"viewCount":419,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834499109,"gmtCreate":1629816969701,"gmtModify":1676530141555,"author":{"id":"4091968837437370","authorId":"4091968837437370","name":"FookYong","avatar":"https://static.tigerbbs.com/50fd9025d23ba140770c7f0f79a8a214","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091968837437370","idStr":"4091968837437370"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/834499109","repostId":"2161894088","repostType":4,"isVote":1,"tweetType":1,"viewCount":201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818255100,"gmtCreate":1630416564200,"gmtModify":1676530297242,"author":{"id":"4091968837437370","authorId":"4091968837437370","name":"FookYong","avatar":"https://static.tigerbbs.com/50fd9025d23ba140770c7f0f79a8a214","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4091968837437370","idStr":"4091968837437370"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/818255100","repostId":"1131825950","repostType":4,"repost":{"id":"1131825950","pubTimestamp":1630415079,"share":"https://ttm.financial/m/news/1131825950?lang=&edition=fundamental","pubTime":"2021-08-31 21:04","market":"us","language":"en","title":"Hexo Completes $925M Redecan Acquisition On Its 'Path Towards Positive EPS'","url":"https://stock-news.laohu8.com/highlight/detail?id=1131825950","media":"Benzinga","summary":"HEXO Corp(NASDAQ:HEXO) announced Monday the completion of the previously announced $925 million acqu","content":"<p><b>HEXO Corp</b>(NASDAQ:HEXO) announced Monday the&nbsp;<b>completion of the previously announced</b>&nbsp;<b>$925 million acquisitionofRedecan</b>, Canada’s largest privately-owned licensed producer.</p>\n<p>At closing, HEXO paid the selling shareholders of Redecan $400 million in cash (subject to certain customary closing adjustments) and delivered 69.7 million newly issued common shares of HEXO.</p>\n<p>“This is an exciting day for HEXO and Redecan employees, investors, consumers and stakeholders,”<b>HEXO CEO and co-founder Sebastien St-Louis</b>said. “The completion of this transaction is aligned with our corporate growth strategy and will further strengthen our position as a leader in the Canadian cannabis industry, bolstering the combined company as we look towards becoming a top three global cannabis products company and continue on the path towards positive EPS.”</p>\n<p>In connection with the closing of the transaction,<b>HEXO entered into an investor rights agreement</b>with certain Redecan sellers to provide for certain customary governance rights, including limited demand and piggyback registration rights. Furthermore, pursuant to the share purchase agreement entered into in connection with the transaction, the&nbsp;<b>resale of the consideration shares by Redecan sellers will be restricted by a 24-month hold period</b>.</p>\n<p>Pursuant to the transaction and terms of the Investor Rights Agreement,<b>Peter James Montour</b>j<b>oins the HEXO board of directors</b>, which also includes Emilio Imbriglio, Vincent Chiara, Jason Ewart, Adam Miron, Michael Munzar, Sébastien St-Louis and Rose Marie Gage.<b>Will Montour will act as a non-voting observer on the board of directors</b>&nbsp;until his election to the board in accordance with the Investor Rights Agreement</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hexo Completes $925M Redecan Acquisition On Its 'Path Towards Positive EPS'</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHexo Completes $925M Redecan Acquisition On Its 'Path Towards Positive EPS'\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 21:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/cannabis/21/08/22736992/hexo-completes-925m-redecan-acquisition-on-its-path-towards-positive-eps><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HEXO Corp(NASDAQ:HEXO) announced Monday the completion of the previously announced $925 million acquisitionofRedecan, Canada’s largest privately-owned licensed producer.\nAt closing, HEXO paid the ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cannabis/21/08/22736992/hexo-completes-925m-redecan-acquisition-on-its-path-towards-positive-eps\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/markets/cannabis/21/08/22736992/hexo-completes-925m-redecan-acquisition-on-its-path-towards-positive-eps","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131825950","content_text":"HEXO Corp(NASDAQ:HEXO) announced Monday the completion of the previously announced $925 million acquisitionofRedecan, Canada’s largest privately-owned licensed producer.\nAt closing, HEXO paid the selling shareholders of Redecan $400 million in cash (subject to certain customary closing adjustments) and delivered 69.7 million newly issued common shares of HEXO.\n“This is an exciting day for HEXO and Redecan employees, investors, consumers and stakeholders,”HEXO CEO and co-founder Sebastien St-Louissaid. “The completion of this transaction is aligned with our corporate growth strategy and will further strengthen our position as a leader in the Canadian cannabis industry, bolstering the combined company as we look towards becoming a top three global cannabis products company and continue on the path towards positive EPS.”\nIn connection with the closing of the transaction,HEXO entered into an investor rights agreementwith certain Redecan sellers to provide for certain customary governance rights, including limited demand and piggyback registration rights. Furthermore, pursuant to the share purchase agreement entered into in connection with the transaction, the resale of the consideration shares by Redecan sellers will be restricted by a 24-month hold period.\nPursuant to the transaction and terms of the Investor Rights Agreement,Peter James Montourjoins the HEXO board of directors, which also includes Emilio Imbriglio, Vincent Chiara, Jason Ewart, Adam Miron, Michael Munzar, Sébastien St-Louis and Rose Marie Gage.Will Montour will act as a non-voting observer on the board of directors until his election to the board in accordance with the Investor Rights Agreement","news_type":1},"isVote":1,"tweetType":1,"viewCount":311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}