News Article | April 17, 2017
Ranking amongst the top Mortgage firms in Canada, year over year, Ram Anandappa’s Mortgage Alliance R&R Mortgages has developed a strong reputation within the real estate industry. After successfully launching the franchise in 2011 Anandappa, alongside his partner Renuka Selvakumar, more recently purchased Remax Royal Properties where he oversees a team of 40. The trajectory of his businesses has been made possible by his vested interest in building successful partnerships and relationships with stakeholders. This includes top national and global lending institutions like TD Bank, Scotiabank, HSBC, ICICI Bank, First National, and Street Capital, and the 140 real estate professionals, and counting, who he has personally mentored. Prioritizing capacity building from early on has ensured the development of effective and highly motivated teams, and empowered clients for Anandappa and Selvakumar. Anandappa, who serves as Mortgage Broker and Co-Founder, initially began working as a mortgage agent in early 2004, when he operated independently for Mortgage Alliance. Once he acquired both his mortgage broker and real estate broker licenses, he went purchased a franchise. Ram is also the Co-Founder of LendEase Director Mortgage Investment Corporation, launched July 2016. Amidst his specializations are mortgage planning, underwriting, lending, reverse mortgages, mortgage banking and mortgage servicing. Prior to his entry into real estate, Anandappa gained significant experience in IT. Selvakumar is also a licensed mortgage and real estate broker and serves as Principal Broker/Broker of Record and Co-Founder for the Mortgage Alliance and Remax Royal Properties ventures. She has 10 years of industry experience, during which she almost exclusively assumed management roles. Both Anandappa and Selvakumar reinforce their organizations’ social responsibility portfolios through fundraisers for the Sick Kids Foundation and The Canadian Cancer Society. Their diverse experiences have encouraged them to embrace and cater to that of their stakeholders, including staff and clienteles. This is evident in their commitment to professional development for their staff and informational seminars for clients. Rather than limit their measurement of successful outcomes to securing the best-suited mortgages, they continuously go above and beyond to ensure clients are educated on a wide range of topics including offer presentation and preparation, listing and buying, the art of negotiation and MLS training. Anandappa and Selvakumar’s vision to create organizations that adapt quickly and effectively to market demands consistently creates value for clients, and business models worth emulating industry wide.
News Article | May 4, 2017
-- The Muller Company, a full-service real estate company specializing in management, investment and development of commercial real estate in the western United States, announced today that the firm's Taj Mahal Medical Center in Laguna Hills, California, has won the Building Owners and Managers Association (BOMA) Pacific Southwest Regional TOBY (The Outstanding Building of the Year) Award for Medical Office Building. The Taj Mahal Medical Center will now advance to the international level, where the Taj Mahal Medical Center will be judged against medical office buildings around the world. The project first won the BOMA Orange County TOBY Award."We are very proud of the work that we have done to renovate this iconic landmark building in order to provide our tenants with a state-of-the-art facility and outstanding amenities," said Jon M. Muller, principal of The Muller Company. "Our entire team, along with our service providers, care about what we do, and we're honored that this building has been recognized at the regional level and will be competing among the best of the best in the worldwide TOBY competition."Located at 23521 Paseo de Valencia in Laguna Hills, the Taj Mahal Medical Center is a three-story, 89,000-square-foot landmark mid-century modern building, which was transformed into a "Class A" state-of-the-art medical office building. Situated on a raised podium across the street from Saddleback Memorial Hospital, the neoclassical contemporary architecture is reminiscent of similar landmark buildings like the Kennedy Center in Washington, D.C., the Lincoln Center in New York and the Dorothy Chandler Pavilion at the Los Angeles Music Center in Los Angeles. The building is also walking distance to the Laguna Hills Mall, which is currently under renovation and has been renamed Five Lagunas, and Laguna Woods Village (formerly known as Leisure World). Suzi Mier, CPMis the property manager for the building and Mark Zuvich and Eric Tse of Zuvich Commercial Advisors, Inc. of Irvine, Calif., are the leasing agents.The Outstanding Building of the Year (TOBY) Awards are the most prestigious and comprehensive programs of their kind in the commercial real estate industry, recognizing quality in buildings and rewarding excellence in building management. During the competitions, all facets of a building's operations are thoroughly evaluated. Buildings are judged on everything from community involvement and site management to environmental and "green" policies and procedures. The competition consists of three levels. The competition begins at the BOMA local association level, winning entries advance from there to the regional level and, finally, regional winners advance to the international level. The Pacific Southwest Regional TOBY covers 12 local BOMA Associations within California, Arizona, Nevada and Hawaii. The winners of the international competition will be announced at the 2017 Every Building Conference & Expo in Nashville, Tennessee, during the TOBY Awards Banquet on Tuesday, June 27, 2017.For more information about the Taj Mahal Medical Center, see tajmahalmedicalcenter.com. ( http://www.tajmahalmedicalcenter.com/ The Building Owners and Managers Association (BOMA) International is a federation of 91 BOMA U.S. associations and 18 international affiliates. Founded in 1907, BOMA represents the owners and managers of all commercial property types including nearly 10.5 billion square feet of U.S. office space that supports 1.7 million jobs and contributes $234.9 billion to the U.S. GDP. Its mission is to advance a vibrant commercial real estate industry through advocacy, influence and knowledge. BOMA International is a primary source of information on building management and operations, development, leasing, building operating costs, energy consumption patterns, local and national building codes, legislation, occupancy statistics, technological developments and other industry trends. Visit boma.org for more information.The Muller Company is a privately held real-estate investment, development and management firm with a proven track record of enhancing the value of their properties. Since its inception in 1979, The Muller Company has acquired and operated over 30 million square feet of office, industrial and retail space across greater Los Angeles, Orange County, San Diego County, the Inland Empire, Northern California and Arizona. With over 35 years of experience in acquiring and repositioning commercial properties, The Muller Company has partnered with institutional owners such as Blackstone, Green Oak, Northlight Financial, Harbert Management, Walton Street Capital, Colony Capital, GE Capital, Rockwood Capital, PCCP and Oak Tree Capital just to name a few. See themullercompany.com.
News Article | February 23, 2017
SVN Affordable | Levental Realty (SVN Affordable) announced today that the 1,009-unit affordable housing portfolio owned by Kline Enterprises (Kline) and managed by First National Properties (FNP) has sold. SVN Affordable was the exclusive listing broker tasked with valuing, marketing and negotiating the transaction on behalf of Kline. Kline is a second-generation, family-owned organization who assembled the impressive portfolio of senior and family affordable assets located in Paterson, Orange, East Orange, Metuchen, Old Bridge, Hazlet and East Windsor. The affiliate property management company, FNP and their tenured site staff consistently received outstanding achievement awards for providing safe and affordable housing for its residents. Pryor Cashman’s Ronald B. Kremnitzer, co-chair of the Real Estate practice, together with partner Perry Amsellem and associate Ari Tran, acted as seller’s counsel for Kline and FNP and remained pragmatic and creative throughout numerous negotiations that have been ongoing since May of 2016. The seven properties are subsidized by long-term project based section 8 contracts and encumbered by various regulatory restrictions. Some of the characteristics of the individual assets made the portfolio uniquely challenging to value and finance. The $180M value is the result of a sophisticated financing structure specific to portfolio transactions. The sale of the portfolio will ensure long-term affordability for over 2,500 residents and preservation of the assets through sustainable upgrades and planned renovation over the next several years. The buyer was a joint venture between Hudson Valley Property Group, Red Stone Companies and Wheelock Street Capital. Community Realty Management will act as third-party property manager, while retaining the majority of the existing staff members at each of the properties. Financing was provided by Walker and Dunlop and Fannie Mae, while Goodwin Procter LLP, Nixon Peabody LLP and Berman Indictor LLP served as purchaser’s counsel for the transaction. “SVN Affordable was selected as the exclusive listing broker for the seller given our national platform and understanding of the regulatory and complex financial environment surrounding this asset class. Senior Advisor, Jamie Renzenbrink led the transaction on behalf of the firm. After creating a competitive pool of 168 qualified affordable developers, we vetted out buyers’ underwriting assumptions and debt/equity models to assure we had a clear and closable path to closing given the multitude of challenges and assumptions associated with such an acquisition. Hudson Valley, Red Stone, and Wheelock were selected as a result of such diligence.” Gene Levental, Managing Director, SVN Affordable “This was a complex transaction that required the finesse of an experienced legal team,” said Ronald B. Kremnitzer, lead counsel on the transaction. “We are thrilled to help this sophisticated deal, which included multiple contracts and an in depth understanding of regulatory hurdles, across the finish line after a diligent, yearlong effort.” About SVN AFFORDABLE | Levental Realty SVN AFFORDABLE | Levental Realty (http://www.svn-ahg.com) is a nationally recognized leader in the niche market of Affordable Housing brokerage focusing solely on valuing, marketing and selling Project-Based Section 8 and Section 42 housing through their national platform and proprietary database. About Pryor Cashman Pryor Cashman LLP (http://www.pryorcashman.com) is an independent full service law firm with over 140 attorneys in its main office at 7 Times Square in New York City and an office in Los Angeles. With broad and sophisticated transactional, intellectual property and litigation practices, Pryor Cashman provides a wide range of services to meet the varying legal needs of institutions, entrepreneurs and individuals. The firm has well-established relationships with firms throughout the U.S. and the rest of the world to serve its national and international clients. About SVN® SVN International Corp. (SVN), a full-service commercial real estate franchisor of the SVN® brand, is one of the industry’s most recognized names based on the annual Lipsey Top Brand Survey. With 200 offices and over 1600 Advisors and staff, SVN provides sales, leasing, corporate services and property management services to clients across the globe. SVN Advisors also represent clients in affordable housing, auction services, corporate real estate, distressed properties, golf & resort, hospitality, industrial, investment services, land, medical, multifamily, office, retail, self-storage and single tenant investments. All SVN offices are independently owned and operated. For more information, visit http://www.svn.com.
Every-Palmer S.,Street Capital
Drug and Alcohol Dependence | Year: 2011
Background: Aroma, Spice, K2 and Dream are examples of a class of new and increasingly popular recreational drugs. Ostensibly branded " herbal incense" they have been intentionally adulterated with synthetic cannabinoids such as JWH-018 in order to confer on them cannabimimetic psychoactive properties while circumventing drug legislation. JWH-018 is a potent cannabinoid receptor agonist. Little is known about its pharmacology and toxicology in humans. This is the first research considering the effects of JWH-018 on a psychiatric population and exploring the relationship between JWH-018 and psychotic symptoms. Method: This paper presents the results of semi-structured interviews regarding the use and effects of JWH-018 in 15 patients with serious mental illness in a New Zealand forensic and rehabilitative service. Results: All 15 subjects were familiar with a locally available JWH-018 containing product called " Aroma" and 86% reported having used it. They credited the product's potent psychoactivity, legality, ready availability and non-detection in drug testing as reasons for its popularity, with most reporting it had replaced cannabis as their drug of choice. Most patients had assumed the product was " natural" and " safe" Anxiety and psychotic symptoms were common after use, with 69% of users experiencing or exhibiting symptoms consistent with psychotic relapse after smoking JWH-018. Although psychological side effects were common, no one reported becoming physically unwell after using JWH-018. Three subjects described developing some tolerance to the product, but no one reported withdrawal symptoms. Conclusion: It seems likely that JWH-018 can precipitate psychosis in vulnerable individuals. People with risk factors for psychosis should be counseled against using synthetic cannabinoids. © 2011 Elsevier Ireland Ltd.
News Article | February 15, 2017
TORONTO, ONTARIO--(Marketwired - Feb. 14, 2017) - LOGiQ Asset Management Inc. ("LOGiQ" or the "Company") (TSX:LGQ) announces it has filed its Condensed Consolidated Interim Financial Statements for the quarter ended December 31, 2016 and related Management's Discussion and Analysis with Canadian securities regulatory authorities. As previously announced by LOGiQ on December 8, 2016, the vendors of LOGiQ Capital 2016 (formerly Front Street Capital 2004)("Front Street Capital") and Tuscarora Capital Inc. ("Tuscarora"), and LOGiQ completed a transaction to combine their respective companies, creating a new, leading independent asset management firm. "Our vision for LOGiQ Asset Management is that in a time of massive industry disruption we can bring together an extraordinary team of managers, traders and analysts. We will have fewer, larger funds in three distinct verticals: specialized equities; specialized yield; and alternatives, offering Canadians access to a single source for sophisticated investing" said newly appointed LOGiQ CEO, Joe Canavan. "Combining these three firms and then acquiring the Institutional Advisory Group, from Integra Capital Limited, with $2.5 billion in institutional fee earning assets adds important scale benefits. We brought all these firms and decades of portfolio management experience together under the LOGiQ banner which has numerous benefits for advisors and their clients. Our financial strength, leadership team, leverage with vendors to reduce fund and corporate operating costs and synergies at the corporate level as well as improved fund performance." Investors and readers of the Condensed Consolidated Interim Financial Statements for the quarter ended December 31, 2016 and related Management's Discussion and Analysis are cautioned that the results for the period are not necessarily indicative of the ongoing operations of the business because the results include a full quarter of former Front Street Capital, 24 days each of LOGiQ (formerly Aston Hill Financial Inc.) and Tuscarora, and eight days of results from the Institutional Advisory Group. LOGiQ's Assets under Management or advisement ("AUM") increased from $877 million at September 30, 2016 to $2.8 billion at December 31, 2016. The higher AUM is mainly the result of the combination of LOGiQ (formerly Aston Hill Financial Inc.) and Front Street Capital. During the first quarter, gross sales of mutual funds were $16 million resulting in net redemptions of $27 million for the combined firm. At December 31, 2016, LOGiQ also had $2.5 billion of institutional advisory sales-related fee earning arrangements in respect of assets that are neither managed nor advised that are incremental to the $2.8 billion AUM. For the first quarter, LOGiQ revenues were $6.8 million, an increase of 74% from the prior quarter revenues of $3.9 million. The revenue increase was mainly due to the combination of LOGiQ (formerly Aston Hill Financial Inc.) and Front Street Capital. Revenue generated by LOGiQ-managed investment funds increased as a percentage of total revenue (currently 92.4% compared to 88.9% in the prior quarter) as management remains focused on in-house managed mutual fund growth. Total expenses (excluding finance expense) for the first quarter were higher at $8.1 million as compared to $4.0 million for the prior quarter. The higher corporate expense is mainly due to the combination of LOGiQ and Front Street Capital. Adjusted EBITDA (before stock-based compensation, impairment losses, and net investment gains or losses) for the first quarter was $2.0 million, a 107.3% increase from the prior quarter adjusted EBITDA of $988,000 due mainly to the combining of LOGiQ and Front Street Capital. Net loss for the quarter was $1.3 million, as compared to a net loss in the prior quarter of $83,000, reflecting the aforementioned intangible asset impairment loss in the previous quarter. Summary of Acquisition of certain Global Advisory Agreements from Integra Capital Limited On December 22, 2016, LOGiQ entered into an agreement to purchase certain Global Advisory agreements from Integra Capital Limited to form the foundation for its new Institutional Advisory Group. This agreement built on LOGiQ's vision to be a fully-integrated and diversified investment management firm with complementary businesses in all facets of the investment management industry. LOGiQ wishes to clarify that, further to its press release dated December 22, 2016, as a result of its acquisition of certain Global Advisory agreements from Integra Capital Limited, LOGiQ has institutional advisory sales-related fee earning arrangements in respect of assets that are neither managed nor advised by LOGiQ, totaling approximately $2.5 billion as of December 31, 2016. LOGiQ (logiqasset.com) is a diversified asset management company with a suite of retail mutual funds, closed end funds, hedge funds and pooled funds, and also provides segregated institutional managed accounts and institutional advisory sales. LOGiQ has assets under management or advisement and institutional advisory sales-related fee earning arrangements that are not managed or advised, totaling approximately $5.3 billion. LOGiQ also confirms that following the reverse acquisition transaction between LOGiQ, Front Street Capital and Tuscarora, PricewaterhouseCoopers LLP, Chartered Professional Accountants will act as auditor to LOGiQ as successor. The TSX has neither approved nor disapproved the information contained herein. For a detailed description of the risks and uncertainties facing the Company and its business and affairs, readers should refer to the annual financial statements and management discussion and analysis for the year ended September 30, 2016 of Front Street Capital, both of which are available on SEDAR under the Company's profile at www.sedar.com. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking statements.
News Article | March 2, 2017
BOSTON--(BUSINESS WIRE)--BackBay Communications, a leading financial services branding, content marketing and public relations specialist firm, announced today that Jen Dowd has been promoted to Chief Operating Officer. In the newly created COO role, Ms. Dowd, 35, will help with strategy and implementation of programs designed to realize BackBay's business objectives including firm best practices, business development and marketing. She will also partner with senior leadership to enhance the BackBay client experience, elevate the brand and accelerate growth. “BackBay has been fortunate to experience steady annual growth since the firm was founded eleven years ago, and at this point in our evolution it is the ideal time to add a COO position to help take BackBay to the next level,” said Bill Haynes, President & CEO, BackBay Communications. “With her strong integrated marketing experience, understanding of BackBay’s unique vision, culture and services, and outstanding client relationships, Jen Dowd is the ideal person for the COO role at BackBay. We all look forward to benefiting from Jen’s insights, strategy and leadership in her new role.” Since joining the firm in 2007, Ms. Dowd has developed and led strategic branding, marketing and public relations programs for global asset management, private equity and financial technology clients. Jen’s client experience includes: Adams Funds, Baird Capital, Eagle Investment Systems, Fiduciary Trust Company, Graycliff Partners (formerly HSBC Capital), Hancock Capital, HarbourVest Partners, Murray Devine, Pamlico Capital (formerly Wachovia Capital Partners), Quad-C Management, Ridgemont Equity Partners (formerly Banc of America Capital Investors), and Thompson Street Capital. Ms. Dowd joined BackBay from Compton Consulting, a financial communications firm specializing in the asset management industry. Prior to that, she served as an Editorial Assistant for Euromoney magazine in London. Ms. Dowd received an M.A. in Ancient History from University College London, and a B.A. in Classics and English from the College of Charleston. About BackBay Communications BackBay Communications is an integrated branding, marketing and public relations firm focused on the financial services sector including private equity, financial technology, insurance and asset management. BackBay takes a brand-centric approach to developing messaging and building integrated communications programs. BackBay offers a unique combination of content and creativity. BackBay’s services include public relations, branding, website development, marketing plans and materials, videos, advertising and social media. BackBay is highly regarded for thought leadership initiatives and relationships with the major business media. For more information, please visit www.BackBayCommunications.com.
News Article | February 28, 2017
Commerce Street Capital, LLC ("CSC"), a Dallas-based investment banking firm, is pleased to announce that Danielle DiMartino Booth has joined the firm as Senior Economic Advisor.
News Article | March 2, 2017
Greenfield Advisors is excited to announce that its two principals have been issued their first patent by the United States Patent and Trademark Office (USPTO). The patent, U.S. Patent 9,582,819, is entitled “Automated-valuation-model training-data optimization systems and methods.” The inventors are former Greenfield Advisors employee Andy Krause [currently a Lecturer at the University of Melbourne (Australia)], Clifford A. Lipscomb, and John A. Kilpatrick, both Co-Managing Directors of the firm. The technology covered by the patent is related to the firm’s long history of using sophisticated quantitative tools in its work. In valuing real estate, predictive models have been used for decades. These predictive models, however, have not been used to go back and optimize the training data sets used in the initial passes of the predictive model. What the patent does is describe a process for optimizing the training data sets used by a predictive model for automatically performing real estate valuations. As stated in the Background of the patent, “there is a need for an improved method of selecting training data to provide more accurate value predictions.” “Greenfield Advisors, in our 40-year history, has developed significant expertise in predictive modeling. We have applied that expertise to situations where we have been tasked with valuing properties affected by environmental contamination as well as properties underlying residential mortgage backed securities (RMBS),” said Dr. Lipscomb. “What we learned from our predictive modeling efforts is that the underlying data shape our predictive models – some jurisdictions have better data than others. Predictive models must be flexible in using the best available data in each jurisdiction. That reality was one of the reasons we decided to pursue a patent.” “The rapid popularization of real estate valuation models has led naturally to a demand for increased accuracy, precision, and reliability,” said Dr. Kilpatrick. “We have worked hard to make sure the results from our predictive models, in particular the Greenfield AVM, are state-of-the-art so our clients can be confident they are receiving the best data analyses available.” About Greenfield Advisors Founded in 1976, Greenfield Advisors is a boutique economic and financial analysis firm that provides government and private sector clients with customized consultations and advisory services. Best known for its analysis of complex economic, financial, and real estate situations in high-profile litigation matters, Greenfield Advisors also develops feasibility studies, business plans, and appraisals for its clients. Greenfield Advisors’ subsidiary, Bartow Street Capital LLC, serves as its investment banking and capital raising arm, and its subsidiary, Accre LLC, acts as an investment principal. Learn more about Greenfield Advisors by calling 206-623-2935 or visiting http://www.greenfieldadvisors.com.
News Article | February 15, 2017
The Civitas investor relations team has helped thousands of investors and institutions from more than 30 countries around the world invest capital in the United States DALLAS, TX--(Marketwired - February 14, 2017) - Civitas Capital Group is pleased to announce the promotion and hiring of four key investor relations executives. "We're delighted to recognize and reward Irene and Manuel for their contributions, and are pleased to welcome Olof and Claudia to our company," said Chief Executive Officer Daniel J. Healy. "We have a remarkable investor relations team with diverse cultural experience and thorough knowledge of the investment management industry. I believe we are well-positioned for the future." Irene Shen was promoted to Director, Sales and Investor Relations. In her new role, Ms. Shen is responsible for expanding Civitas' presence in the alternative investment space in Asia, as well as coordinating the development of new products in the region. Ms. Shen has been with Civitas since August 2011. Ms. Shen received a B.S. in Electrical Engineering from Beijing University of Posts & Telecommunications. In addition, she is an Accredited Asset Management Specialist (AAMS), and holds FINRA series 7, 63 and 65 securities and investment advisory licenses. Manuel Ortiz was promoted to Head of EB-5 Sales and Investor Relations. In his new role, Mr. Ortiz is responsible for developing and managing global investor relations, and overseeing the EB-5 Capital Division investor relations team. Mr. Ortiz has been with Civitas since January 2013. Mr. Ortiz received a Bachelor of Business Administration from the University of Texas at Austin, Red McCombs School of Business, and an MBA from Southern Methodist University, Cox School of Business. Olof Akesson joined Civitas as Managing Director, Sales and Investor Relations. His responsibilities include overseeing and developing the Civitas client relations team, including investor communications. Mr. Akesson previously was Chief Operating Officer for Asia Institutional Sales at HSBC, overseeing all global markets products. Mr. Akesson received degrees in Finance and Management from the University of South Carolina, and a Master's in Finance from the Stockholm School of Economics. He also played tennis on the ATP World Tour. Claudia Betancourt joined Civitas as Director, Capital Markets. Her responsibilities include expanding Civitas' presence in the alternative investment products space outside of Asia, as well as coordinating the development of new products for individuals, family offices, and institutions. Previously, Ms. Betancourt was Managing Director at Commerce Street Capital (CSC), an investment banking firm. Ms. Betancourt received a B.S. in Economics from Universidad Catolica Boliviana, a M.B.A. from The University of Oklahoma, and a Masters of Science in Petroleum Economics and Management from the Institute Francaise du Petrole. The Civitas Capital Group family of companies provides compelling EB-5 capital and alternative investment strategies to institutional investors, family offices and qualified individuals. The Civitas Capital Group family of companies provides a range of products and services for institutional investors, family offices and qualified individuals. The firm offers compelling, niche investment strategies in U.S. lodging and real estate markets through its Alternative Investments and EB-5 Capital divisions. For more information about Civitas, please visit www.civitascapital.com or follow us on Twitter at http://twitter.com/CivitasCG. This press release does not constitute an offer or solicitation with respect to the purchase or sale of any security in any jurisdiction in which such offer or solicitation is not authorized or to any person to whom it would be unlawful to make such offer or solicitation. Image Available: http://www.marketwire.com/library/MwGo/2017/2/14/11G130279/Images/Iren_Shen-7fcea4e3a651ac0f8971900b7aab9130.jpg Image Available: http://www.marketwire.com/library/MwGo/2017/2/14/11G130279/Images/Manuel_Ortiz-273763df068d87deaf2c4e715a165999.jpg Image Available: http://www.marketwire.com/library/MwGo/2017/2/14/11G130279/Images/Olof_Akesson-6d400dc0ba53bb6c8b3e6122a71b45d2.jpg Image Available: http://www.marketwire.com/library/MwGo/2017/2/14/11G130279/Images/Claudia-20e990c87854bb489b7cc10a4c4a3936.jpg
News Article | March 1, 2017
LONDON, UK / ACCESSWIRE / March 1, 2017 / Active Wall St. announces the list of stocks for today's research reports. Pre-market the Active Wall St. team provides the technical coverage impacting selected stocks trading on the Toronto Exchange and belonging under the Banking industry. Companies recently under review include Canadian Imperial Bank Of Commerce, Atrium Mortgage Investment, Street Capital Group, and Laurentian Bank of Canada. Get all of our free research reports by signing up at: On Tuesday, February 28, 2017, at the end of trading session, the Toronto Exchange Composite index ended the day at 15,399.24, 0.42% lower, on a total volume of 466,745,840 shares. Additionally, the Financials index was slightly down by 0.67%, ending the session at 290.44. Active Wall St. has initiated research reports on the following equities: Canadian Imperial Bank Of Commerce (TSX: CM), Atrium Mortgage Investment Corporation (TSX: AI), Street Capital Group Inc. (TSX: SCB), and Laurentian Bank of Canada (TSX: LB). Register with us now for your free membership and research reports at: Toronto, Canada headquartered Canadian Imperial Bank of Commerce's stock fell 1.25%, to finish Tuesday's session at $116.61 with a total volume of 3.09 million shares traded. Over the last one month and the previous three months, Canadian Imperial Bank of Commerce's shares have advanced 4.16% and 7.63%, respectively. Furthermore, the stock has gained 26.46% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages. Canadian Imperial Bank of Commerce's 50-day moving average of $113.55 is above its 200-day moving average of $106.40. Shares of the Company, which provides various financial products and services to individual, small business, commercial, corporate, and institutional clients in Canada and internationally, are trading at a PE ratio of 10.90. See our research report on CM.TO at: On Tuesday, shares in Toronto, Canada headquartered Atrium Mortgage Investment Corp. recorded a trading volume of 40,242 shares, which was higher than their three months average volume of 35,333 shares. The stock ended the day 0.58% lower at $12.01. Atrium Mortgage Investment's stock has advanced 0.59% in the last one month and 9.48% in the previous one year. The Company is trading above its 50-day moving average. The stock's 200-day moving average of $12.09 is above its 50-day moving average of $11.99. Shares of the Company, which provides financing solutions to the real estate communities in Ontario, Saskatchewan, Alberta, and British Columbia in Canada, are trading at PE ratio of 12.58. The complimentary research report on AI.TO at: On Tuesday, shares in Toronto, Canada headquartered Street Capital Group Inc. ended the session 4.07% higher at $1.79 with a total volume of 22,380 shares traded. Street Capital Group's shares have gained 8.48% in the last three months and 40.94% in the previous one year. The stock is trading above its 200-day moving average. Furthermore, the stock's 50-day moving average of $1.85 is greater than its 200-day moving average of $1.69. Shares of Street Capital Group, which through its subsidiary, Street Capital Financial Corporation, operates primarily in the mortgage lending business in Canada, are trading at a PE ratio of 16.73. Register for free and access the latest research report on SCB.TO at: Montréal, Canada headquartered Laurentian Bank of Canada's stock closed the day 3.29% lower at $57.40. The stock recorded a trading volume of 211,781 shares, which was above its three months average volume of 110,064 shares. Laurentian Bank of Canada's shares have gained 6.12% in the last three months and 19.16% in the past one year. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $59.39 is greater than its 200-day moving average of $53.69. Shares of the Company, which together with its subsidiaries, provides banking services to individuals, small and medium-sized enterprises, and independent advisors in Canada, are trading at a PE ratio of 12.63. Get free access to your research report on LB.TO at: Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. 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