Cryptocurrency-powered lender Celsius Network (CRYPTO: CEL) launched its crypto-backed lending service in California following regulatory approval.
What Happened: According to a Monday announcement, Celsius Network launched its service in California after receiving its Finance Lender license in the state — which enables the firm to expand its operations and provide its service to Californians.
Notably, if the loan to crypto collateral ratio does not exceed 25%, the loan is free, coming at an impressive 0% APR.
The firm claims that it now is “one of the most accessible and affordable lenders in California.”
The loans can be issued in both United States dollars and stablecoin, the minimum loan value is $500, the process is instant, does not need proof of income or credit check.
Celsius Network also provides its customers with educational material through its Credit Education Program offering.
Celsius CEO Alex Mashinsky claimed that “California has one of the largest populations of crypto holders in the world, and one of the largest economies in the world.” Consequently, he highlighted that “this is a special moment for Celsius community.”
Best Value Stocks To Watch For 2023: China Mobile (Hong Kong) Ltd.(CHL)
We provide a full range of mobile services in all 31 provinces, autonomous regions and directly-administered municipalities in Mainland China as well as in Hong Kong. Based on publicly available information, we are the leading provider of mobile services in Mainland China and the largest provider of mobile services in the world as measured by total number of mobile customers as of December 31, 2015. As of March 31, 2016, our total number of mobile customers reached approximately 833.9 million.
The History and Development of the Company
We were incorporated under the laws of Hong Kong on September 3, 1997 as a limited liability company under the name “China Telecom (Hong Kong) Limited”. We changed our name to “China Mobile (Hong Kong) Limited” on June 28, 2000 and then to “China Mobile Limited” on May 29, 2006. Advisors’ Opinion:
- [By Chris Neiger]
And China Mobile (NYSE:CHL), the world’s largest telecom, says it’ll launch 5G commercially next year, as it begins to bring its 900 million subscribers to its upgraded network.
- [By Leo Sun, Maxx Chatsko, and Dan Caplinger]
Many dividend stocks fell out of favor over the past year as rising interest rates turned bonds into more attractive income investments. Yet there are still plenty of high-yielding stocks that are currently trading at discount valuations. Today, three of our Motley Fool investors will share three stocks that fit the bill — China Mobile (NYSE:CHL), General Motors (NYSE:GM), and WestRock (NYSE:WRK).
- [By Chris Neiger]
If you’re looking to invest in the companies most likely to benefit from the 5G revolution, look no further than Verizon Communications (NYSE:VZ), Qualcomm (NASDAQ:QCOM), and China Mobile (NYSE:CHL).
Best Value Stocks To Watch For 2023: Empire State Realty Trust, Inc.(ESRT)
We are a self-administered and self-managed real estate investment trust, or REIT, that owns, manages, operates, acquires and repositions office and retail properties in Manhattan and the greater New York metropolitan area, including the Empire State Building, the world’s most famous building. As of December 31, 2015, our total portfolio, containing 10.1 million rentable square feet of office and retail space, was 87.3% occupied. Including signed leases not yet commenced, our total portfolio was 89.1% leased. As of December 31, 2015, we owned 14 office properties (including three long-term ground leasehold interests) encompassing approximately 9.3 million rentable square feet of office space, which were approximately 86.7% occupied or 88.6% leased including signed leases not yet commenced. Nine of these properties are located in the midtown Manhattan market and encompass approximately 7.5 million rentable square feet of office space, including the Empire State Building. Advisors’ Opinion:
- [By Matthew Frankel, CFP]
With all of that in mind, here’s why I think Realty Income (NYSE:O) and Empire State Realty Trust (NYSE:ESRT) make excellent IRA investments. In fact, I hold both in my retirement portfolio.
- [By Logan Wallace]
Citadel Advisors LLC grew its holdings in Empire State Realty Trust Inc (NYSE:ESRT) by 109.7% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,444,342 shares of the real estate investment trust’s stock after purchasing an additional 1,801,601 shares during the quarter. Citadel Advisors LLC’s holdings in Empire State Realty Trust were worth $58,899,000 at the end of the most recent reporting period.
- [By Logan Wallace]
These are some of the media stories that may have impacted Accern Sentiment Analysis’s scoring:
Get Empire State Realty Trust alerts:
Empire State Realty Trust Inc (ESRT) Receives Consensus Rating of “Hold” from Brokerages (americanbankingnews.com) Empire State Realty Trust, Inc. (NYSE:ESRT): Tracking the Average Broker Recommendation on This Stock (cantoncaller.com) Empire State Realty Trust Inc (ESRT) Shares Sink -1.41% Over Past Five Sessions (cantoncaller.com) Brokerage Overview of: Empire State Realty Trust inc (NYSE:ESRT) (newburghpress.com) Zacks: Analysts Anticipate Empire State Realty Trust Inc (ESRT) Will Announce Quarterly Sales of $123.37 Million (americanbankingnews.com)
ESRT opened at $17.55 on Wednesday. The firm has a market cap of $2.94 billion, a P/E ratio of 18.28, a P/E/G ratio of 4.93 and a beta of 0.90. Empire State Realty Trust has a fifty-two week low of $15.94 and a fifty-two week high of $21.09. The company has a debt-to-equity ratio of 0.97, a current ratio of 7.10 and a quick ratio of 7.10.
- [By Logan Wallace]
Get a free copy of the Zacks research report on Empire State Realty Trust (ESRT)
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Best Value Stocks To Watch For 2023: MRC Global Inc.(MRC)
MRC Global Inc., through its subsidiaries, distributes pipes, valves, fittings, and related products and services to the energy industry in the United States, Canada, and internationally. It offers ball, butterfly, gate, globe, check, needle, and plug valves; and other products, such as lined corrosion resistant piping systems, control valves, valve automation products, and top work components, as well as steam and instrumentation products. The company also provides carbon steel fittings and flanges comprising carbon weld fittings, flanges, and piping components; stainless steel and alloy pipes and fittings; carbon line pipes; and oil country tubular goods, which include casings and tubing pipes. In addition, it offers natural gas distribution products, including risers, meters, polyethylene pipes and fittings, and various other components and industrial supplies; oilfield and industrial supplies and completion equipment; and specialized production equipment comprising meter runs, tanks, and separators. Further, the company provides various services, such as product testing, manufacturer assessments, multiple daily deliveries, volume purchasing, inventory and zone store management and warehousing, technical support, training, just-in-time delivery, truck stocking, order consolidation, product tagging, and system interfaces. Its products are used in the construction, maintenance, repair, and overhaul of equipment used in extreme operating conditions, including high pressure, high/low temperature, and high corrosive and abrasive environments. The company was formerly known as McJunkin Red Man Holding Corporation and changed its name to MRC Global Inc. in January 2012. MRC Global Inc. was founded in 1921 and is headquartered in Houston, Texas.
Advisors’ Opinion:
- [By Josh Enomoto]
According to Gurufocus.com, GILD represents a fairly valued investment. Presently, Gilead features “okay” strength in the balance sheet and a middle-of-the-road three-year revenue growth rate. Where GILD truly shines is profitability. Its net margin stands at 15%, substantially greater than the 3.7% industry median. Therefore, it makes a solid case for undervalued biotech stocks to buy.
Regeneron Pharmaceuticals (REGN) Source: Gorodenkoff / Shutterstock.com
Headquartered in Westchester County, New York, Regeneron Pharmaceuticals (NASDAQ:REGN) specializes in the production of life-changing medicines. Recently, Regeneron made headlines when it announced positive clinical results for therapeutics aimed at patients suffering from diabetic macular edema (DME) and wet age-related macular degeneration (wAMD).
- [By ]
We should force everyone to get vaccinated, Cramer said, and we should be using Regeneron's (REGN) – Get Report COVID treatment on the thousands that are flooding our hospital ICUs in need of help. But without leadership and responsibility, it looks like we're going to have to live with COVID while hoping we don't die from it.
- [By ]
“I would point out that Dr. Scott Gottlieb [former Food and Drug Administration chief] said that it might be peaking. He has been very right about analyzing peaks. If we all used Binax [widely available COVID-19 antigen self-test] and we all got Regeneron (REGN) – Get Report, if we got sick then I think we would have peaked. You don't know,” he said.
