Business Insider, 1/1/0001 12:00 AM PST A severe slowdown could be on its way to Houston. John Moran and David Chen at Macquarie looked at multifamily (MF) and commercial real-estate (CRE) markets in Houston in a note on Friday. The analysts say there has been much "handwringing" over the banking sectors' loan exposure to oil and gas companies but there could be more serious ripple effect. "We have cautioned that second-order fallout, particularly around MF/CRE in 'oily' MSAs [metropolitan statistical areas], is potentially more troubling than energy credit per se," the note said. It added [emphasis ours]: Recent economic data, anecdotal evidence, CRE contacts, and REIT/builder commentary suggest a more pronounced Houston slowdown may be materializing, with increased pressure on lease economics driven by: (1) free rent/tenant concessions, (2) fewer tenants/less demand, (3) new completions, and (4) an elevated sublease mrkt. The note adds that Dallas-Fort Worth and Austin have been more resilient than Houston so far and that investors should be cautious of bank stocks with exposure to oil-patch metro areas, naming Cullen/Frost Bankers Inc., Prosperity Bancshares, and BOK Financial Corporation. The most recent Dallas Fed Manufacturing Index report showed that Texas factory activity increased for the first time in nine months in October, but the demand component remained negative. There were no headcount changes after five months of declines, as the employment index rose to zero. Join the conversation about this story » NOW WATCH: This poker concept can make Wall Street investors more successful |
CryptoCoins News, 1/1/0001 12:00 AM PST Bitcoin price has failed to maintain advance after putting in a strong surge two days ago. While this does not yet look like a return to decline, price may correct deeply before returning to the upside. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis Time of analysis: 15h00 UTC OKCoin 3Mth 1-Hour Chart From the analysis pages of xbt.social, earlier today: Our xbt.social Buy trade was closed at 00h00 UTC by price pulling below the 1-hour […] The post Bitcoin Price Locomotive Runs out of Steam appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |
Forbes, 1/1/0001 12:00 AM PST The cryptocurrency exchange behind the recently launched OBITS currency initiative, CCEDK, is increasing the future payouts derived from profits and fees generated through user registrations on OpenLedger and other associated revenues - including profits from a start-up ‘crypto’ casino project. As a sweetener over Black Friday it is offering the same Friday price this Saturday. |
CryptoCoins News, 1/1/0001 12:00 AM PST Bitcoin Press Release: Progressive Bitcoin-only casino gaming and sportsbook operator Bitcasino.io launches the industry’s first video slot for bitcoin players. The company is also excited to announce the launch the Satoshi’s Secret game, an industry first from Endorphina. Bitcasino.io, the world’s first legally licensed and regulated online Bitcoin-only casino gaming and sportsbook operator has announced today that it has integrated the first-ever video themed slot designed for Bitcoin players and expanded its portfolio with the addition of a further 20 games for mobile and desktop. A spokesperson for Bitcasino.io said, We are delighted to launch the Satoshi’s Secret game, an […] The post Bitcasino.io Launches First Video Slot For Bitcoin Players appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |
CryptoCoins News, 1/1/0001 12:00 AM PST Bitcoin Press Release: Black Friday and Cyber Monday bring a lot of excitement and joy, but it is also the opportune time for cyber criminals to strike. PureVPN is now offering clients worldwide 2 years of PureVPN and a 2 year SmartDNS subscription for only $49. Hong Kong, November 25, 2015 — Favored by more than a million users globally, PureVPN has identified a number of serious security threats for internet users during the holiday season, especially on Black Friday and Cyber Monday. While a lot of people are opting for PureVPN to enjoy Netflix and other streaming channels around […] The post Bitcoin Friendly PureVPN Celebrates Black Friday and Cyber Monday by Offering 2 Years of Full VPN Protection for Only $49 appeared first on CCN: Financial Bitcoin & Cryptocurrency News. |
CoinDesk, 1/1/0001 12:00 AM PST In a new interview with CoinDesk, Russia's Ministry of Finance opened up about bitcoin and blockchain technology. |