Income

RISING PRICES AND MORTGAGE RATES MAKE HOMEOWNERSHIP UNAFFORDABLE ACROSS MOST OF THE U.S.

Retrieved on: 
Thursday, June 30, 2022 - 5:01am

IRVINE, Calif., June 30, 2022 /PRNewswire/ -- ATTOM, a leading curator of real estate data nationwide for land and property data, today released its second-quarter 2022 U.S. Home Affordability Report, showing that median-priced single-family homes and condos are less affordable in the second quarter of 2022 compared to historical averages in 97 percent of counties across the nation with enough data to analyze. That was up from 69 percent of counties that were historically less affordable in the second quarter of 2021, to the highest point since 2007, just before the housing market crashed during the Great Recession of the late 2000s.

Key Points: 
  • "But homes remained relatively affordable due to historically low mortgage rates and rising wages.
  • Compared to historical levels, median home prices in 560 of the 575 counties analyzed in the second quarter of 2022 are less affordable than in the past.
  • But as mortgage rates have steadily climbed this year from just above 3 percent to near 6 percent for a 30-year loan, costs have escalated for buyers.
  • Average 30-year fixed interest rates from the Freddie Mac Primary Mortgage Market Survey were used to calculate monthly house payments.

Bragar Eagel & Squire, P.C. Is Investigating Rollins, Lightwave Logic, Target, and Loyalty Ventures and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, June 30, 2022 - 2:00am

Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.

Key Points: 
  • Our investigations concern whether these companies have violated the federal securities laws and/or engaged in other unlawful business practices.
  • Then, on October 29, 2021, Rollins reported that it had initiated discussions with the SEC staff regarding a potential investigation resolution.
  • On November 5, 2021, Loyalty Ventures became a publicly traded company after its separation from Alliance Data Systems Corporation.
  • For more information on the Loyalty Ventures investigation go to: https://bespc.com/cases/LYLT
    About Bragar Eagel & Squire, P.C.

ROSEN, A LEADING LAW FIRM, Encourages LMP Automotive Holdings, Inc. Investors With Losses to Secure Counsel Before Important Deadline in Securities Class Action – LMPX

Retrieved on: 
Thursday, June 30, 2022 - 3:00am

WHAT TO DO NEXT: To join the LMP class action, go to https://rosenlegal.com/submit-form/?case_id=6635 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the LMP class action, go to https://rosenlegal.com/submit-form/?case_id=6635 or call Phillip Kim, Esq.
  • WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Pegasystems, Humbl, Okta, and Enservco and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, June 30, 2022 - 2:00am

stealing, seeking confidential information from a new employee who recently worked for a competitor, or misrepresenting your identity in hopes of obtaining confidential information.

Key Points: 
  • stealing, seeking confidential information from a new employee who recently worked for a competitor, or misrepresenting your identity in hopes of obtaining confidential information.
  • The Appian complaint alleged efforts by PEGA to obtain Appian trade secrets through the contractors employee, who had access to Appians software and materials.
  • For more information on the Enservco class action go to: https://bespc.com/cases/ENSV
    About Bragar Eagel & Squire, P.C.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against CareDx, Spero, LMP, and Dentsply Sirona and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, June 30, 2022 - 2:00am

Throughout the Class Period, CareDx reported growing revenue and strong demand in the Companys testing services segment.

Key Points: 
  • Throughout the Class Period, CareDx reported growing revenue and strong demand in the Companys testing services segment.
  • In order to facilitate this scheme, Dentsply and its executives made numerous false and misleading statements to investors during the Class Period.
  • For more information on the Dentsply Sirona class action go to: https://bespc.com/cases/XRAY
    About Bragar Eagel & Squire, P.C.
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

EY Future Consumer Index: Rising cost of living forces consumers to tighten grip on finances and get creative with sustainability

Retrieved on: 
Thursday, June 30, 2022 - 12:01am

"As talk of a looming recession increases in many markets globally, consumer businesses are bracing themselves for further economic pressures.

Key Points: 
  • "As talk of a looming recession increases in many markets globally, consumer businesses are bracing themselves for further economic pressures.
  • Despite increasing momentum and pressures to live in a more environmentally friendly way, consumers' efforts are being stunted by the rising cost of living.
  • "Despite consumers finding ever more creative ways to adapt to rising living costs, businesses must not become complacent with their sustainability efforts.
  • The EY Future Consumer Index tracks changing consumer sentiment and behaviors across time horizons and global markets, identifying the new consumer segments that are emerging.

EY Future Consumer Index: Rising cost of living forces consumers to tighten grip on finances and get creative with sustainability

Retrieved on: 
Thursday, June 30, 2022 - 12:01am

"As talk of a looming recession increases in many markets globally, consumer businesses are bracing themselves for further economic pressures.

Key Points: 
  • "As talk of a looming recession increases in many markets globally, consumer businesses are bracing themselves for further economic pressures.
  • Despite increasing momentum and pressures to live in a more environmentally friendly way, consumers' efforts are being stunted by the rising cost of living.
  • "Despite consumers finding ever more creative ways to adapt to rising living costs, businesses must not become complacent with their sustainability efforts.
  • The EY Future Consumer Index tracks changing consumer sentiment and behaviors across time horizons and global markets, identifying the new consumer segments that are emerging.

OpenSolar and Plenti Launch 0% Interest Finance for Australian Solar Customers

Retrieved on: 
Wednesday, June 29, 2022 - 11:00pm

Available now, Australian solar installers can offer Plenti zero-interest payment plans directly in the proposals they send to their customers.

Key Points: 
  • Available now, Australian solar installers can offer Plenti zero-interest payment plans directly in the proposals they send to their customers.
  • All in one proposal, customers can now accurately visualise their homes with solar, together with finance options that allow them to pay in up to 72 equal regular payments with 0% interest.
  • Solar installers benefit by providing an effortless purchasing experience for their customers, including automatic conditional approvals within 2 minutes of the customers application.
  • At OpenSolar, we enable Aussie solar installers to present super compelling solar proposals to their customers with cutting edge accuracy, said Maaike Gobel, Head of Partnerships.

Alpine Income Property Trust Announces Second Quarter 2022 Earnings Release and Conference Call Information

Retrieved on: 
Wednesday, June 29, 2022 - 9:15pm

WINTER PARK, Fla., June 29, 2022 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the Company) announced today that it will report its financial and operating results for the second quarter 2022 after the market closes on Thursday, July 21, 2022.

Key Points: 
  • WINTER PARK, Fla., June 29, 2022 (GLOBE NEWSWIRE) -- Alpine Income Property Trust, Inc. (NYSE: PINE) (the Company) announced today that it will report its financial and operating results for the second quarter 2022 after the market closes on Thursday, July 21, 2022.
  • A conference call to discuss its financial and operating results is scheduled for Friday, July 22, 2022 at 9:00 AM ET.
  • A live webcast of the call will be available on the Investor Relations page of the Companys website at www.alpinereit.com or at the link provided in the event details below.
  • To access the call by phone, please go to the link provided in the event details below and you will be provided with dial-in details.

Giga-tronics Reports Fiscal 2022 Fourth Quarter and Year End Results

Retrieved on: 
Wednesday, June 29, 2022 - 9:05pm

Gross profit of $400,000 in the fourth quarter of fiscal 2022 decreased as compared to $830,000 in the fourth quarter of fiscal 2021 mainly due to the decrease in revenue.

Key Points: 
  • Gross profit of $400,000 in the fourth quarter of fiscal 2022 decreased as compared to $830,000 in the fourth quarter of fiscal 2021 mainly due to the decrease in revenue.
  • Total operating expenses decreased by $90,000 in the fourth quarter of fiscal 2022 versus the same period in the prior fiscal year.
  • Net loss attributable to common shareholders for the fourth quarter of fiscal 2022 was $1.2 million or ($0.42) per basic share compared to net loss of $0.8 million or ($0.32) per basic share in the fourth quarter of fiscal 2021 primarily due to lower revenue coupled with transaction expenses of $210,000 in the fourth quarter of fiscal 2022.
  • ET to discuss the results for the fiscal year and fourth quarter of 2022, ended March 26, 2022.