Israel's Harel in deal to buy U.S. office building
TEL AVIV - Subsidiaries of Israel's Harel Insurance Investments and Financial Services acquired an office building in Minneapolis along with an Israeli institutional investor and an American investor for $277 million.
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Found 1 month ago on channel
Reuters
S&P 500 Closes at a Record High, Beating ’07 Mark
(NEW YORK) — For the second time in less than a month, the American stock market marched past another milepost on its long, turbulent journey back from the Great Recession, toppling another record left over from the days before government bailouts and failing investment banks. The Standard & Poor’s 500 closed at a new high Thursday, three weeks after another popular market gauge, the Dow Jones industrial average, obliterated its own closing record. The reaction on Wall Street was muted — more of a dull buzz than a victory cry. Investors warned clients not to get overly excited. “Getting back to where we were is an important step,” said Howard Silverblatt, senior index analyst at S&P Dow Jones Indices. But he cautioned in a note to investors: “Markets are volatile, and if you are a long-term investor you should expect declines.” The S&P rose six points to 1,569, a gain of 0.4 percent, beating by four points its previous record of 1,565.15 set on Oct. 9, 2007. The index is still ...
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American Realty Capital bids for Cole Credit trust
American Realty Capital Properties has made public an offer to acquire the commercial real-estate investment trust Cole Credit Property Trust III in a $5.7 billion cash-and-stock deal that could create the largest publicly traded REIT in the net-lease sector.
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American Realty makes $5.74B bid for Cole Credit
NEW YORK -- American Realty Capital Properties Inc. is offering to buy another real estate investment trust, Cole Credit Property Trust III, in a cash-and-stock deal valued at $5.74 billion....
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American Realty offers to buy Cole Credit Property Trust for $5.7 billion
Real estate investment trust American Realty Capital Properties Inc said it offered to buy Cole Credit Property Trust III Inc for $5.7 billion in cash and stock to create the largest publicly traded REIT in the net lease sector.
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Found 1 month ago on channel
Reuters