Day: October 14, 2020

WILLIAMSBURG, Va., Oct. 14, 2020 (GLOBE NEWSWIRE) — Sotherly Hotels Inc. (NASDAQ: SOHO) (the “Company”) announced that the Company will report financial results for the third quarter 2020 prior to the market opening on Monday, November 9, 2020. A conference call for investors and other interested parties is scheduled for 10:00 a.m. Eastern Time (ET) that same day, at which time management will discuss the Company’s third quarter 2020 results. The information to be discussed on the call will be contained in the Company’s earnings release, which will be available via the Company’s website at www.sotherlyhotels.com in the Investors section under Earnings Releases.The conference call will be accessible by telephone and through the Internet. Interested individuals are invited to listen to the call by telephone at 888-339-0107 (United...

The Libra Ecosystem is proud to announce the launch of its multidimensional, global blockchain platform for e-commerce businesses. The Libra Ecosystem has been created on blockchain technology with the aim to disrupt the e-commerce industry with futuristic technology solutions to boost growth and increase profits. From finding investors to managing investment lifecycle, ensuring data security and providing users with a safe & low-cost digital payment system, the Libra Ecosystem takes care of it all for an e-commerce business. Also, the system can be directly integrated into any existing e-commerce platform. In addition to a digital payment system for secure and hassle-free payments, the Libra Ecosystem provides a range of other solutions, including a mobile wallet, a micro-financing solution for SMEs, and a cash management solution. The...

Mr. Steve Muehler, Founder & President of Private Placement Markets, today announced the firm will not consider joining the estimated 18,000 estimated businesses that have left the State between 2008 and 2019. According to Mr. Steve Muehler, “I have heard that companies like Charles Schwab, McKesson and Carl’s Jr. have all chosen to leave California for States with lower costs of living, lower costs of employees, less taxes and a more regulatory freedoms. But here is what I see, I see California, just as a State, is equal to being the fifth largest country in the world, and that’s just not by size of our economy, but the robustness of our economy. From 2016 to 2017, California’s gross domestic product rose by $127 Billion to over $2.7 trillion. Our State’s economy is gigantic! California is the home base of the technology industry,...

Stocks rose as trading session starts this week led by tech related shares and so with investors who are keeping an eye to a round of quarterly corporate earnings report. Nasdaq outperformed both Dow and S&P, getting back its best peak since September of this year. Apple also rose about 6.4% after traders seeking for a good rally from an upcoming event of the company wherein they are about to unveil their first ever 5G iPhone. Facebook and Amazon also increased more than 4%. Gold and crude are down while Treasuries rose. Meanwhile, here are the main movements in the stock market this Monday; Stocks – The Dow Jones Industrial Average rallied and ended up 250.62 points or less than 1% higher to 28,837.52.– S&P 500 climbed up by 56.99 points or 1.64% higher to 3,534.12.– Nasdaq Composite also increased around 296.32...

SACRAMENTO, Calif., Oct. 14, 2020 (GLOBE NEWSWIRE) — Sunstock, Inc. (OTC PINK: SSOK), involved in the buying, selling and distribution of precious metals, today announces it has purchased 4,300 ounces of silver, adding to the Company’s existing inventory.“We recognize the opportunity to increase our stake in silver and other precious metals for investment purposes,” stated Sunstock CEO, Jason Chang. “Our goals are to increase our revenues and to find targets for bigger acquisitions. We will continue to identify opportunities that support these objectives.”In the last year, silver has increased 36.11%, reaching $29 in August 2020. At market close Oct. 13, 2020, silver was priced at $24.13 USD/t oz.About Sunstock, Inc.:Sunstock, Inc. (OTC PINK: SSOK) is involved in the distribution of precious metals, primarily gold. The Company pursues...

Malvern, PA, Oct. 14, 2020 (GLOBE NEWSWIRE) — ACME Markets, Inc., a division of Albertsons Companies, Inc., (NYSE: ACI) announced today it was the successful bidder for 27 Kings Food Market and Balducci’s Food Lover’s Market locations. The transaction, which is still subject to customary regulatory and court approvals including the approval of the Federal Trade Commission, is expected to close later this fiscal year.  Upon the successful completion of the transaction, the stores will become part of the Mid-Atlantic division of Albertsons Companies, which operates ACME and Safeway stores on the east coast. The winning bid for the package and expected purchase price is $96.4 million.  “We look forward to welcoming Kings Food Markets and Balducci’s Food Lover’s Markets and the gourmet expertise they are known for into our family,” said...

MCLEAN, Va., Oct. 14, 2020 (GLOBE NEWSWIRE) — According to Freddie Mac’s (OTCQB: FMCC) Quarterly Forecast, total mortgage origination volumes increased over the last several months as many homeowners took advantage of historically low mortgage rates.“Even as the economy faces challenges from the coronavirus pandemic, the housing market has been showing strength,” said Sam Khater, Freddie Mac’s Chief Economist. “Refinance activity is solid and homebuyer demand continues, resulting in increased sales and an acceleration in house price growth.”According to the Forecast:The average 30-year fixed-rate mortgage is expected to be 3.2 percent in 2020 and 3.0 percent in 2021.House price growth is expected to increase to an annual rate of 5.5 percent in 2020. In 2021, that rate is expected to be 2.6 percent.Home sales are expected to increase...

MEMPHIS, Tenn., Oct. 14, 2020 (GLOBE NEWSWIRE) — FHN Financial Capital Markets, a division of First Horizon Bank, is pleased to announce the firm’s continued expansion of its Public Finance Department. Joining our team in New York City are Evan Levine and Crystal Mullins.Evan Levine, serving as Senior Vice President, will lead and develop national coverage and municipal underwriting business in the surface transportation sector, including transit agencies. During his 17-year career, Levine has arranged, structured, and financed over $16 billion in transportation capital projects in both the traditional municipal market and the public-private partnership (“P3”) financing sector. Most recently, Levine served as Vice President to concessionaire Itinera Infrastructure, a division of Halmar International, working primarily as a senior...

WILMINGTON, Del., Oct. 14, 2020 (GLOBE NEWSWIRE) — InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that it will partner with global innovation and accelerator platform Plug and Play to serve as Anchor member for the platform’s Media & Advertising program. The partnership will also see InterDigital and Plug and Play work towards developing a new gaming vertical within the next year.Plug and Play brings together the most promising startups with the world’s impactful corporations to drive investment, foster innovation and secure collaborative partnerships across an array of verticals. InterDigital’s extensive research in cutting-edge wireless and visual technologies and recent pioneering developments in cloud gaming has been influential in creating the gaming vertical...

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