Cedar Realty Trust, Inc. (CDR Quick QuoteCDR ) stock is up big over the last year. But the REIT’s near-term outlook is far from impressive and it fell short of our second quarter estimates at the end of July.
Nearly 50% of seniors aged 75 and over have outstanding debt, according to the Employee Benefit Research Institute. That’s up from just 25% back in 1992. Worse yet, the most notable debt increases stem from lower-income seniors who need to rely on credit cards to make ends meet.
Now the good news is that the debt carried by seniors 75 and older is primarily of the mortgage variety, and that’s the good kind to have. But many retirees carry outstanding credit card balances, and some even have student debt hanging over their heads.
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Welcome to another edition of “3 Things In Biotech,” a daily digest dedicated to helping you keep pace with the fast-moving world of pharmaceutical and biotechnology research.
A grand total of two marijuana stocks trade on the New York Stock Exchange (NYSE). Canadian marijuana grower Canopy Growth Corporation (NYSE:CGC) is one. The stock was listed on the NYSE in May. The other is Scotts Miracle-Gro (NYSE:SMG), which has traded on the NYSE since 1992.
In a sense, Canopy Growth and Scotts Miracle-Gro are about as blue chip as you can get for marijuana stocks. But which of these stocks is the better buy for investors? Here’s how Canopy and Scotts compare.
KBC Group NV grew its stake in shares of Dynex Capital Inc (NYSE:DX) by 12.3% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 75,996 shares of the real estate investment trust’s stock after acquiring an additional 8,317 shares during the period. KBC Group NV owned about 0.14% of Dynex Capital worth $504,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of the company. Thrivent Financial for Lutherans raised its stake in shares of Dynex Capital by 9.7%....More>>>