Funding & Business
Toll Brothers Swings on Earnings-Instant Reaction
Orphe Divounguy, Zillow Senior Economist, says affordability remains a challenge even as buyers gain more leverage amid a weaker labor market. He tells Romaine Bostick and Scarlet Fu on “The Close” that home prices are easing and inventory is building. (Source: Bloomberg)
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StubHub Holdings Inc. is pricing its initial public offering at the midpoint of a marketed range, according to people familiar with the matter.
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Nell Minow, vice chairman of ValueEdge Advisors, says efficient markets depend on robust information and companies should report earnings every six months to meet shareholder demand. She speaks with Romaine Bostick and Katie Greifeld on “The Close.” (Source: Bloomberg)
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David Steward II, founder and CEO of Lion Forge Entertainment, says the company has come a long way from comic book publishing to producing shows like the Oscar-winning Hair Love and the new animated series Iyanu. Edward Hamati, chief investment officer of Steward Trust and a Lion Forge board member, tells Romaine Bostick on “The Close” that it’s critical to retain as much ownership as possible in distributor relationships. (Source: Bloomberg)
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