News & Events:CBRE

CBRE Group Inc (CBRE): * CBRE GROUP, INC. INCREASES AND EXTENDS REVOLVING CREDIT FACILITY. * CBRE Group Inc (CBRE) - IT HAS ENTERED INTO NEW FIVE-YEAR REVOLVING CREDIT AGREEMENT THAT INCREASES ITS REVOLVING CREDIT FACILITY TO $3.5 BILLION FROM $3.15 BILLION Source text for Eikon: Further company coverage:

CBRE Group, Inc. (CBRE) today announced that it has entered into a new five-year revolving credit agreement that increases its revolving credit facility to $3.5 billion from $3.15 billion.

Business investment appears to be an early victim of red-hot U.S. inflation and rising interest rates. Nonresidential fixed investment, which is how the Commerce Department lumps together things like spending by businesses on new buildings and renovations of existing ones, slipped 0.1% on an annualized basis in the second quarter. The cutbacks hit every industry except mining and drilling.

  CBRE Group reported its Q2 earnings results on Thursday, August 4, 2022 at 06:55 AM. Here's what investors need to know about the announcement. CBRE Group beat estimated earnings by 30.71%, reporting an EPS of $1.83 versus an estimate of $1.4. Revenue was up $1.31 billion from the same period last year.

  ** Toyota Motor is projected to report earnings for its first quarter. ** Myriad Genetics is expected to report quarterly earnings at $0.01 per share on revenue of $171.00 million. ** Karyopharm Therapeutics is expected to report quarterly loss at $0.63 per share on revenue of $35.59 million.

CBRE Group, Inc. (CBRE) today reported financial results for the second quarter ended June 30, 2022. “CBRE (CBRE) had an outstanding second quarter with strength across our global businesses.

  ** Toyota Motor is projected to report earnings for its first quarter. ** Myriad Genetics is expected to report quarterly earnings at $0.01 per share on revenue of $171.00 million. ** Karyopharm Therapeutics is expected to report quarterly loss at $0.63 per share on revenue of $35.59 million.

CBRE Group will host a conference call at 08:30 AM ET on August 4, 2022, to discuss Q2 2022 earnings results. Follow this link to access the live webcast.

For UDR Inc, Jefferies upgraded the previous rating of Hold to Buy. According to Raymond James, the prior rating for CBRE Group Inc was changed from Outperform to Strong Buy. Piper Sandler upgraded the previous rating for Comstock Resources Inc from Underweight to Neutral. See all analyst ratings upgrades.

Fifth Wall, a Los Angeles-based venture capital firm focused on real estate technology, said on Thursday it has raised $500 million for a climate fund to help decarbonize an industry estimated to account for nearly 40% of the world's carbon emissions.

To the surprise of perhaps no one, the San Francisco Bay Area was named the leading labor market for the U.S.-Canadian technology workforce in the Scoring Tech Talent 2022 report published by CBRE Group Inc . What Happened: CBRE used 13 metrics to measure each market's depth and scope, with labor costs weighted more heavily than office rents because tech companies traditionally allocated more f...

NEW YORK, July 15, 2022 MainStay CBRE Global Infrastructure Megatrends Fund (MEGI) today announced the Fund's monthly distributions for July 2022 of $0.1083 per common share. Dividend Distribution Schedule:  . The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes.

NEW YORK, July 13, 2022 MainStay CBRE Global Infrastructure Megatrends Fund (MEGI) has announced a conference call with the portfolio management team, to be held on Wednesday, July 20, 2022 at 4:00 PM ET. During the call, the team will provide an update on the portfolio and outlook for the year ahead.

The Board of Trustees of the CBRE Global Real Estate Income Fund (IGR) has declared a monthly distribution of $0.06 per share for the month of July 2022. IGR’s current annualized distribution rate is 10.0% based on the closing market price of $7.23 on July 5, 2022, and 9.7% based on a closing NAV of $7.40 as of the same date.

ROOF will soon have a new name and will begin tracking a new underlying index; Fund’s management fee is also being reduced IndexIQ today announced that effective September 1, 2022, the IQ U.S. Real Estate Small Cap ETF (ROOF) will be renamed as the IQ CBRE NextGen Real Estate ETF and begin tracking the IQ CBRE NextGen Real Estate Index.

CBRE Group, Inc. (CBRE) will release its second quarter 2022 financial results at approximately 6:55 a.m. Eastern time on Thursday, August 4, 2022. The call will be webcast and accessible through the Investor Relations section of the company’s website at www.cbre.com, along with a supplementary slide presentation also available on that section of the website.

NEW YORK, June 14, 2022 MainStay CBRE Global Infrastructure Megatrends Closed-End Fund has announced the sources of its monthly distribution of $0.1083 per share paid to all shareholders as of record date June 15 2022, pursuant to the Fund's managed distribution policy.

Urges Shareholders to Vote on the GREEN Proxy Card to Elect His Refreshed Slate of Eight Highly Qualified Director Candidates, Which Possesses the Right CEO and a Superior Strategy Aerojet Rocketdyne Holdings, Inc. Executive Chairman Warren Lichtenstein, who collectively with his affiliates and the participants in his solicitation owns approximately 5.6% of the Company's outstanding shares, tod...

The Board of Trustees of the CBRE Global Real Estate Income Fund (IGR) has declared a monthly distribution of $0.06 per share for the month of June 2022. IGR’s current annualized distribution rate is 9.3% based on the closing market price of $7.75 on June 8, 2022, and 8.8% based on a closing NAV of $8.19 as of the same date.

  On Friday, 422 stocks made new 52-week lows. These stocks set new 52-week lows on Friday: Be sure to monitor Benzinga for the news traders need!