Beacon Roofing Supply Inc. (NASDAQ: BECN) has adopted a limited duration stockholder rights agreement designed to protect stockholder interests against the unsolicited takeover bid from QXO Inc. (NYSE: QXO). “The Rights Agreement is intended to protect Beacon and its...
A former executive with a now-defunct New Jersey-based real estate investment firm was indicted for his role in an investment fraud scheme and for misappropriating approximately $2.3 million from investors. Ivel Turner, who was vice president of project management for...
The San Diego-headquartered home equity-focused fintech Splitero announced its expansion into five states: Florida, Nevada, Ohio, Pennsylvania, and South Carolina. Splitero Home Equity Investments (HEIs) is designed to allow homeowners to use their home equity to...
The home improvement retailer Lowe’s Companies Inc. (NYSE: LOW) is accepting project nominations for Lowe’s Hometowns, a five-year, $100 million commitment to community revitalization. According to the Mooresville, North Carolina-based company, $10 million...
The commercial real estate brokerage Marcus & Millichap (NYSE: MMI) has hired Evan Wayne as chief information officer (CIO). In his new job, Wayne will spearhead the execution of all technology initiatives that impact the company’s clients, brokers, capital...
A new report is warning that Vermont needs to create 7,000 new homes each year for the next 25 years to keep up with the demand for housing, for a total goal of 172,000 new units by 2050. “We have got to pick up the pace,” said Commissioner Alex Farrell of...
