Jones Lang LaSalle, an international property services firm headquartered in Chicago and London, has been labeled the "Bull of the Day" by Zacks Equity Research, Chicago.Zacks said JLL "again handily surpassed our estimates" by $0.36 per share in the third quarter, chiefly as a result of higher-than-expected revenues. "Given the growing demand for commercial real estate services and transactional increases, we expect the company to continue driving revenues at a healthy pace," the research firm said. ".... There has been a sector-wide sell-off over the past three months, and JLL is very attractively valued relative to its long-term growth prospects." The companies can be found online at http://www.zacks.com and http://www.joneslanglasalle.com.
-
The Senate passed a bipartisan housing package, which includes certain community bank provisions, in an 85-5 vote. The House is set to vote on the package Wednesday.
8h ago -
Ralo uses artificial intelligence to automate the entire process, saving consumers money by cutting out commissioned loan officers, processors and underwriters.
June 22 -
Part of the proposal affects the risk weighting for certain "investment properties and other cashflow-dependent" mortgages, according to a new Pennymac report.
June 22 -
William Isaac led the Federal Deposit Insurance Corp. through the banking and thrift crises of the 1980s and was a frequent commentator on bank regulation after his time in public service.
June 22 -
The longtime Federal Reserve chair served under four presidents and presided over the deregulatory and pro-market push of the 1990s and early 2000s that set the stage for the 2008 mortgage crisis.
June 22 -
Life insurers have offloaded long-term policyholder liabilities into offshore reinsurance and captive subsidiaries, raising concerns over state oversight of opaque investment vehicles and whether insurers have adequately funded claims.
June 22









