Donald J. MacKinnon has resigned from the board of directors of Criimi Mae Inc., Rockville, Md., to accept a position as managing director with Nomura Securities International.Mr. MacKinnon's resignation letter states that Nomura compliance requirements "as well as the fact that I may seek to engage in business activities with Criimi in the future" made the severing of ties necessary, Criimi Mae said. The resignation was effective Jan. 6. Criimi Mae, a commercial mortgage real estate investment trust, can be found on the Web at http://www.criimimaeinc.com.
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Regulators specifically called out Academy's directors for their failure to properly oversee operations and conduct audits in a consent order.
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A shareholder suit says executives are responsible for stock losses in failing to disclose behind-the-scenes moves related to the ill-fated Two Harbors deal.
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Retail sales fell 0.6% in July despite a World Cup bump and the University of Michigan's consumer sentiment index declined to cap off a pivotal week of economic indicators.
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The six underwriters did 17% more business versus the second quarter of 2025, with earnings per share estimates increased for four of them as a result.
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The structure contains seven tranches of class A notes, including two tranches for first cash flow and last cash flow, both initially exchangeable.
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Wealthfront's digital-first home lending unit is now live in its largest client market, targeting rates 50 basis points below the national average
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