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Stocks

Q4 2018: “Wheeler REIT plunges 28% after suspending preferred dividends”

Wheeler Real Estate Investment Trust (NASDAQ:WHLR) plunges 28% after the REIT says it won’t pay Q4 dividends on its preferred stock “at this time,” citing its ongoing review of strategic alternatives. Plans to accelerate efforts to reduce short-term, higher-cst debt where accretive… Continue Reading…

Economy

Economy: 20,000 jobs in February, wages up, Low unemployment

“The economy gained a meager 20,000 jobs in February, falling far short of analyst expectations of 185,000 and indicating that the nation’s 10-year economic expansion has potentially hit a speed bump. Despite the stalled job growth, the rest of the… Continue Reading…