Hadrian Raises $260 Million on ‘Factories As a Service'
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Canoe EIT Income Fund Announces August 2025 Monthly Distribution and Quarterly Distribution on Preferred Units
CALGARY, Alberta, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Canoe EIT Income Fund (the 'Fund') (TSX - announces the August 2025 monthly distribution of $0.10 per unit. Additionally, the Fund announces a quarterly distribution for preferred units. Cumulative Redeemable Series 1 ( and Series 2 Preferred ( unitholders will receive a distribution of $0.30 per unit. Unitholders of record on August 22, 2025, will receive distributions payable on September 15, 2025. About Canoe EIT Income FundCanoe EIT Income Fund is one of Canada's largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbol and is actively managed by Robert Taylor, Senior Vice President and Chief Investment Officer, Canoe Financial. About Canoe Financial Canoe Financial is one of Canada's fastest growing independent mutual fund companies managing over $20.0 billion in assets across a diversified range of award-winning investment solutions. Founded in 2008, Canoe Financial is an employee-owned investment management firm focused on building financial wealth for Canadians. Canoe Financial has a significant presence across Canada, including offices in Calgary, Toronto and Montreal. For further information, please contact:Investor Relations1–877–434– Fund makes monthly distributions of an amount comprised in whole or in part of Return of Capital (ROC) of the net asset value per unit. A ROC reduces the amount of your original investment and may result in the return to you of the entire amount of your original investment. ROC that is not reinvested will reduce the net asset value of the fund, which could reduce the fund's ability to generate future income. You should not draw any conclusions about the fund's investment performance from the amount of this distribution. Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the information filed about the fund on before investing. Investment funds are not guaranteed and past performance may not be repeated. This communication is not to be construed as a public offering to sell, or a solicitation of an offer to buy securities. Such an offer can only be made by way of a prospectus or other applicable offering document and should be read carefully before making any investment. This release is for information purposes only. Investors should consult their Investment Advisor for details and risk factors regarding specific strategies and various investment in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18 minutes ago
- Yahoo
New study showcases where home prices dropping the most
The housing market has been in a serious crunch since the COVID-19 pandemic, with limited inventory, elevated home prices and mortgages in the 7% range, continuing to keep many would-be home buyers locked out. But even amid such tight constraints, modest declines in home prices can still be found in some regions of the country. Shop Top Mortgage Rates Personalized rates in minutes Your Path to Homeownership A quicker path to financial freedom That's according to a new report from which finds that median home prices across the 50 largest metro areas in the country have declined slightly in July 2025, compared with three years ago. Median home prices hit a peak of $443,000 in July 2022, according to the Federal Reserve Bank of Saint Louis. The extent to which home prices are declining varies from region to region according to the report, which is based on the brokerage platform's housing data. "The housing market has cooled modestly in 2025," Danielle Hale, chief economist at said in a statement on the report. "But the extent and persistence of rebalancing really varies across the country. And regionally, homebuyers and sellers are likely to experience a very different market." Behind those notable price differences is inventory. Right now, the housing market is essentially divided into two camps, with higher inventory in the South and West, where deeper price cuts can be found, and more limited inventory in the Midwest and Northeast, where price changes "remain relatively tight," according to the report. "It's a supply and demand story," Jake Krimmel, senior economist at and author of the July 2025 report, told CBS MoneyWatch. "When you have fewer homes for sale, and if there is still sufficient demand, that's going to maybe put upward pressure on prices or prevent them from falling." Cities where prices are falling The largest declines in median listing prices in 2025 tend to be concentrated in the South and West, where all 19 of the 50 largest U.S. metro areas with median housing prices below July 2022 levels are located. "After years of intense competition, it's starting to feel more balanced — especially in the South and West," Gary Ashton, founder of The Ashton Real Estate Group of RE/MAX Advantage said in a statement on the report. "It's not a buyer's market yet, but we're headed in that direction." The cities that saw the biggest declines in price were Austin, where median listing prices have fallen nearly 15% over the last three years; and Miami, where prices have dropped around 19%. According to Krimmel, inventory is rising in these markets due to the fact that homes are staying on the market longer, more home sellers are reducing prices and new listings are climbing. A boom in building also boosted housing supply in those regions during the COVID-19 pandemic, when demand for markets like Austin, Denver and Florida exploded, he added. Austin, Los Angeles and Miami saw the largest declines in median listing price over the past year, although prices in Los Angeles remain more than 18% above the median listing price in 2022. Cities where prices are rising Housing markets in cities in Northeast and Midwest remain squeezed, according to Krimmel, due to "sticky high" prices, and tight inventory, said Krimmel. Other contributing factors include stricter zoning and land use regulation laws that making building new houses more difficult, he said. In New York, for example, median listing prices have climbed roughly 16% since 2022, according to the report. Median listing prices in Milwaukee increased 26%. Furthermore, the number of active listings per month in the Northeast is still 50% below pre-pandemic levels, according to Krimmel. The number of active listings in the Midwest is down 40%, pointing to an inventory shortage in both regions, he said. While median listing prices have gone down over the last year in northeastern cities like Boston and Philadelphia, which saw 1.4% and 1.2% decreases, respectively, median prices remain at least 10% above those from 2022. "To the extent that there are falling prices in the Northeast and the Midwest, for the most part it's pretty modest numbers," said Krimmel. Quadruple murder suspect captured in Tennessee, officials confirm DOGE savings are a fraction of what the department claims, CBS News analysis finds Zelenskyy says he had a productive talk with Trump about war with Russia
Yahoo
18 minutes ago
- Yahoo
Michigan Gov. Whitmer makes another White House visit to meet with Trump
WASHINGTON (AP) — Michigan Gov. Gretchen Whitmer met with President Donald Trump at the White House on Tuesday to discuss the toll tariffs are taking on the auto industry and the potential effects of his tax and spending bill on Medicaid. It's the latest in a string of meetings between the Democratic governor and the Republican president after the two frequently clashed during his first term. In his second term, Whitmer has adopted a more diplomatic approach, drawing some backlash from fellow Democrats. But it's also resulted in multiple wins for Whitmer's state, including Trump's approving $50 million in storm relief and awarding a new fighter jet mission for an Air National Guard base in the state. 'I've always said that I'll work with anyone to get things done for Michigan,' Whitmer, a potential 2028 presidential candidate, said in a statement Tuesday. 'That's why I've continued to go to Washington, D.C., to make sure that Michiganders are front and center when critical decisions are being made.' The private meeting between Whitmer and Trump — which a White House official would not confirm but did stress Trump's continued focus on Michigan — marks a rare instance of the president sitting with a leading Democratic figure. In recent weeks, Trump attacked Senate Democratic leader Chuck Schumer, telling him to 'go to hell," while also taking aim at other high-profile Democratic governors who have pushed back on some of his policies, including California's Gavin Newsom and Illinois' JB Pritzker, also considered possible 2028 candidates. Pritzker has aided Texas Democrats in leaving their state to stay in Illinois to block Republicans from their needed quorum to pass a new congressional map backed by Trump. Early Tuesday, Trump called Pritzker 'probably the dumbest of all governors' in a television interview. Whitmer has been more careful, criticizing some of Trump's policies rather than the president himself. She issued an executive directive last week to assess the impact of tariffs that she said have led to 'massive economic uncertainty' — without mentioning Trump's name once. Tuesday's appearance ended with far less controversy than her trip to the White House in April. Whitmer was unexpectedly ushered into the Oval Office during that visit, standing awkwardly nearby as the Republican president signed executive orders and assailed his political opponents during a photo opportunity. In their White House meeting Tuesday, Whitmer said that she told Trump and 'his team about the impact tariffs are having on Michigan's economy, especially our auto industry.' She also discussed 'changes in the Medicaid program, and ongoing recovery efforts following the ice storm in Northern Michigan this year." Whitmer also saw Secretary of State Marco Rubio, Defense Secretary Pete Hegseth and chief of staff Susie Wiles while at the White House. Trump announced last month that he had spoken with Whitmer to inform her that he was appproving $50 million in federal funds for Michigan to support repairs and recovery from a March ice storm. In April, Trump traveled to Michigan to announce a new mission for Selfridge Air National Guard Base, which Whitmer has sought for years.
