Category: Front Page (ZP)

EquityZen Report in NY Business Journal

Google, Facebook duopoly will continue to hurt BuzzFeed, Vice and Vox, report says Vice Media, Vox Media and BuzzFeed Inc. will continue to struggle for the foreseeable future. That’s according to New York-based EquityZen. In a report published Wednesday, the fintech firm cited the so-called Google and Facebook “Duopoly” as reasons for the digital media […]

Nancy Tengler Quoted in The Wall Street Journal

Transports Are Rallying but Aren’t Yet Sending ‘An All Clear’ on Economy Shares of airlines, railroads and shipping companies are climbing, a bullish sign the U.S. economy is on strong footing and the broader stock market can continue its recent march higher. Transportation stocks are viewed as a barometer of economic activity because those companies […]

Beazley on Yahoo Finance

A data breach ‘isn’t always a disaster, mishandling it is’ – Yahoo Finance Video – Beazley, a specialty insurance company, has created a new division to help companies prevent and navigate a cyber attack. Paul Bantick, Head of Cyber and Tech at Beazley Group, says “a data breach isn’t always a disaster, mishandling it is.” Yahoo Finance’s Alexis Christoforous speaks to him.

Tortoise's Rob Thummel in Wall Street Journal

Battered Oil Investors Dive Back Into Crude Signs suggest heavyweight producers from OPEC are cutting output and the breakneck expansion in U.S. shale drilling is slowing down Oil investors, their wounds still fresh from last year’s sharp selloff, are again growing bullish on crude. Supporting the confidence of hedge funds and other money managers: signs […]

Brian Kessens in Bloomberg

Oil Bulls Get Bolder as OPEC Cuts Lessen Odds of a Relapse Net-long bets on Brent crude rally rise most since August ‘Risks on the upside much more likely now’: portfolio manager Oil’s bulls are getting bolder. With production cuts orchestrated by OPEC taking hold and U.S. shale drillers promising to curb spending, hedge funds […]

Jack Morris Helps Residents by Deferring Rent Payments

Did You Hear? Multifamily Owner Defers Rent for Residents Impacted by Shutdown A Daily Look at the Movers and Shakers in Commercial Real Estate Jack Morris, president and chief executive of Piscataway, New Jersey-based multifamily developer Edgewood Properties, knows the federal government’s partial shutdown makes it hard for some of his apartment residents to pay […]

Tortoise's Nick Holmes in Bloomberg

Oil Gains as Russia, Saudis Signal Commitment to Production Cuts Minister says Russia will hit OPEC+ output target by April Crude shrugs off bearish U.S. data to rally late in session Oil closed higher for the second straight day as Russia and Saudi Arabia signaled they’re on track with production cuts designed to avoid a […]

Jack Morris in ROI-NJ

Jack Morris, owner of 3K-plus multifamily units in N.J., says residents who are federal employees can defer rent payment Jack Morris, the founder, CEO and president of Piscataway-based Edgewood Properties, on Wednesday sent a letter to all of the renters of his multifamily properties, saying the company will defer any rent payments for anyone who […]

Rob Thummel in S&P Global

Producers weigh DUC production at $50/b oil Highlights Market mixed if higher or lower price needed Platts: $50/b oil enough to bring production DUC decisions also hinge on takeaway ability Houston — The volume of drilled but unproduced wells continues to build across the US to record levels, but market sentiment is mixed on whether […]

Tortoise's Rob Thummel quoted in The Wall Street Journal

Fears Loomed Large in Oil’s Worst Quarter Since 2014 The U.S. crude benchmark finished the year 25% lower after a slump that shaved $30 off oil prices The oil market is engulfed by fears of a global growth slowdown, as worries grow that falling demand and robust output from major producers will lead to a […]