It has been about a month since the last earnings report for Kimco Realty (KIM). Shares have added about 10.7% in that time frame, outperforming the S&P 500.

Will the recent positive trend continue leading up to its next earnings release, or is Kimco Realty due for a pullback? Before we dive into how investors and analysts have reacted as of late, let’s take a quick look at its most recent earnings report in order to get a better handle on the important drivers.

Kimco Realty Beats on Q2 FFO, Collects 82% of July Rent

Kimco’s second-quarter 2020 FFO came in at 24 cents per share, marginally surpassing the Zacks Consensus Estimate of 23 cents.

Results reflect healthy rental rate leasing spreads on new lease and renewals. However, same-property NOI was affected mainly due to a charge for potentially uncollectible accounts receivable.

The FFO per share, however, came in lower

Read More

Technology Business Incubator of BITS Pilani Hyderabad incubated startup Baiid Auto Technologies has developed an IoT based smart facemask for a medical condition such as Covid-19 and pulmonary disorders.

This mask helps in not just protecting an individual from being exposed to infection but also monitors their health parameters remotely.

The smart Facemask helps Covid-19 warriors to monitor patients through their smartphones efficiently and thereby reducing the time, they spent in the isolation ward to collect basic parameters, which reduces the risks of them being infected.

The IoT device attached to the mask processes and screens the body’s essential factors such as temperature and blood oxygen levels etc and monitors the humidity levels that develop inside the mask layers over a period. The feature called OBV (Oxy-Breathe Ventilators) attached along with the smart mask, which helps the user to expel the heat and removes moisture from the mask so it

Read More

If any part of running your small business requires driving, a good mileage tracker app is a must. Mileage trackers not only track miles, but they also log them into a tax-friendly format that you can use to augment your return. Some features are automatic, and using automated services in these apps will save you time and effort as you gather accurate expense and time report data, even if they do cost a little to use.

Mileage tracking apps use GPS to track your car’s motion from one location to another, and they often start recording distance when the wheels start moving and stop if you are in one place for a certain amount of time. Don’t expect 100% accuracy, though — it’s a good idea to simultaneously keep track of mileage yourself with your own odometer, just to make sure.

Each business needs different kinds of services from mileage

Read More

By Cory Booker

Throughout the COVID-19 pandemic, U.S. Postal Service employees here in New Jersey and across the country have continued their vital work, often at great risk to themselves and their families.

I’ve had the privilege to speak with and hear from New Jersey’s postal workers during this crisis, some of whom have lost their colleagues to COVID-19. It is clear to me that while I, and so many others, see the work of our postal workers, and all of our essential workers, as heroic, they see it as their civic duty, a sacred responsibility for which they are willing to risk their health and safety.

But there’s a parallel crisis happening within the USPS: despite allocating billions of dollars to provide a financial lifeline to big corporations during this crisis, Republicans in Washington have refused to provide adequate resources to support the U.S. Postal Service from the financial

Read More


Gold Medal International is sitting on millions of dollars worth of socks at its North Carolina warehouse that it can’t ship to stores.

The reason? The 66-year-old family-owned sock maker can’t get enough credit insurance to cover potential losses if the stores can’t pay for the goods they’ve ordered.

Without that insurance, Gold Medal — and thousands of other suppliers facing a similar dilemma — would be on the hook for unpaid bills. But not shipping the goods to retailers means losing sales and big write-downs on inventory. The problem will only get worse if retailers can’t stock their shelves and shoppers can’t find what they want heading into the critical holiday season.

“I got the goods, I made them. I don’t have a liquidity problem,” said Paul Rotstein, who’s been president of New York-based Gold Medal for 30 years. ”But if I can’t ship $12

Read More

Victoria’s business boss has slammed Premier Daniel Andrews for refusing to allow businesses in Melbourne to trade as normal for another eight weeks, claiming he didn’t see the decision coming.

The Premier on Sunday announced the state’s “road map” out of coronavirus lockdown, which would keep retail stores in metropolitan Melbourne closed until October 26 – and only if case numbers had been at an average of five per day for the two weeks prior.

In regional Victoria, retail can reopen, with restrictions on capacity, on September 14.

Paul Guerra, the CEO of Victoria’s Chamber of Commerce, said on Sunday the Premier’s road map was a “road to nowhere” and businesses were being “decimated” by the tough restrictions.

Mr Guerra on Monday revealed hospitality and tourism operators had his phone ringing off the hook on Sunday afternoon, but it was mum and dad operators of small businesses he was most

Read More

I’m perplexed by the disconnect between the US stock market and the economy. Why does the stock market keep going up? Two explanations are common – (1) Hopium is the hope that the recovery will be swift and thorough, and (2) FOMO is fear of missing out. In other words, hope and greed. In an earlier article this year, I added a third reason – inflation in stock and bond prices caused by Quantitative Easing. And in this article, I add a fourth reason to the list – foreigners protecting their savings by holding them in US dollars.

Foreigners are buying US stocks like never before

Non-US citizens are justifiably concerned that their currencies are being devalued. US investors should be worried too, but the US dollar is the “cleanest dirty shirt in the basket.” Global pre-COVID per capita debt exceeded $200,000, and it is increasing as central banks around

Read More

And now, 10 of the “fastest,” “biggest” and “most” in the most recent U.S. trade data.

After all, we could all use a little good news now and again, no?

So, here we go.

A story about U.S. trade with Switzerland, Vietnam, Hungary, Cambodia, Sweden, Denmark, Australia, Mexico, Honduras and Saudi Arabia. But not a word about China. I write about, and you heard about that plenty.

1. Fastest-growing top 50 U.S. trade partner, YTD

The winner is Switzerland.

Switzerland, as loyal followers of this column know, is sending record amounts of gold to the United States through JFK International Airport, briefly propelling JFK to rank first among the nation’s more than 450 airports, seaports and border crossings for the first

Read More

Kesavananda Bharati, a petitioner in a case that led to the Supreme Court evolving the celebrated doctrine of the basic structure of the Constitution, died here on Sunday.

Police said the 79-year old Kerala-based seer Kesavananda Bharati Sripadagalvaru died at the Edaneer Mutt here due to age-related ailments.

“As per the information with us, he passed away at around 3.30 AM on Sunday,” police told PTI.

The case in which Bharati had challenged a Kerala Land Reform Act nearly four decades ago set the principle that the Supreme Court is the guardian of the basic structure of the Constitution and the verdict involved 13 judges the largest bench ever to sit in the apex court.


The case of Kesavananda Bharati vs the State of Kerala was heard for 68 days and continues to hold the top spot for the most prolonged proceedings ever to have taken place in the supreme

Read More

  • Real-estate mogul Nick Candy’s superyacht, 11.11, has hit the market for $71 million. 
  • The 207-foot yacht sports room for 14 guests, several bars, multiple dining areas, a spa, and a pool.
  • Candy is looking to upgrade to a larger boat, he told Bloomberg. 
  • The selling dealer, Y.CO, also has the yacht listed for charter for roughly $770,000 per week. 
  • Visit Business Insider’s homepage for more stories.

Nick Candy, a British real-estate mogul, is parting ways with his 207-foot superyacht, but it’s not because he needs the money or because he’s moved on to other hobbies. It’s because the ship is simply too small. 

Candy, who’s selling his yacht 11.11 for $71 million through yacht company Y.CO, is looking to upgrade to something a bit more spacious, he told Bloomberg recently.

“I want to build a bigger yacht,” Candy said. “Later in life, people contract their lives; at this age, I’m

Read More