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Compass loses less money than you’d think

[ad_1] Compass CEO Robert Reffkin Wait, is Compass on the right track? The New York City-headquartered residential brokerage lost money again in the second quarter. But its net loss of $7.1 million more than favorably compared to not just a deficit of $84.2 million in the second quarter of 2020 – when the real estate market faced its pandemic low point – but $212 million of negative income in this year’s first quarter. Meanwhile, the eight-year-old brokerage’s gross revenue soared to $2.0 billion. Granted, 81% of that revenue goes back to Compass agents, mostly as their cut of sales commissions. But the $361 million in revenue – after the deduction of commissions and other related expenses – compares to $151 million revenue for the first quarter. “We are in the strongest position we have ever been as a company,” declared Compass CEO Robert Reffkin during an earnings call Monday. This content is exclusively for HW+ members. Start an HW+ Membership now for less than $1 a day. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis Exclusive access to the HW+ Slack community and virtual events HousingWire Magazine delivered to your home or office Become a member today Already a member? log in The post Compass loses less money than you’d think appeared first on HousingWire. [ad_2] Source link

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MORE Hot Stock Up Deals on Snacks {Great for Back to School!}

[ad_1] Amazon is offering even more great stock up deals on snacks right now! (If you missed the first round-up of snack deals, be sure to check those out here. Many of them are still available!) These are perfect for school lunches, after school snacks and more! Get these Frito-Lay Snacks Variety Pack of 35, Classic Mix for just $11.24 shipped when you clip the 20% off e-coupon and checkout through Subscribe & Save! Get this Oreo, RITZ and Honey Maid Snack Variety Pack (Family Size) for just $8.91 shipped when you clip the $4 off e-coupon and checkout through Subscribe & Save! Get this Frito-Lay Doritos & Cheetos Mix (40 Count) Variety Pack for just $12.58 shipped when you clip the 25% off e-coupon and checkout through Subscribe & Save! Get these Ritz Creamy Cheese and Peanut Butter, Variety Pack, 32 Snack Packs for just $9.15 shipped when you clip the $3 off e-coupon and checkout through Subscribe & Save! Get this Frito-Lay Variety Pack, Party Mix, 40 Count for just $14.38 shipped when you clip the 15% off e-coupon and checkout through Subscribe & Save! Get this Off The Eaten Path Veggie Crisps, 1.25 oz (Pack of 16) for just $10.23 shipped when you clip the 25% off e-coupon and checkout through Subscribe & Save! Get this Simply Brand Organic Snacks, Pack of 36 for just $12.58 shipped when you clip the 25% off e-coupon and checkout through Subscribe & Save! Get this Ruffles Potato Chips Variety Pack, 40 Count for just $11.77 shipped when you clip the 25% off e-coupon and checkout through Subscribe & Save! Note: Once your order ships, you can go into your Amazon account and cancel your subscription if you don’t want recurring orders. See more Back to School Snack Deals here. Psst! Be sure to read about 5 Simple Ways to Save on Back to School Deals and check out all the latest Best Back To School Sales & Deals! Don’t forget you can also sign up for our daily email newsletter to get all of the best back to school deals emailed to you every week! [ad_2] Source link

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Rocket Mortgage’s Rebecca McDonald on product strategy at the fast-growing lender

[ad_1] It was a sunny and extremely humid Thursday morning. Of course, that’s almost standard for Dallas, and it wasn’t going to prevent these three women from showing up to the magazine cover shoot with an energy and excitement that couldn’t be stopped. They say a picture is worth a thousand words, and I’d say this cover is worth so much more than that. These three Women of Influence not only carry the grace and lessons of those who have gone before them, but they’re leaving a priceless legacy for the next generation of leaders. Rebecca McDonald, chief product officer at Rocket Mortgage, Pam Perry, Single-Family vice president of Equitable Housing at Freddie Mac, and Hilary Saunders, co-founder and chief broker officer at Side, are all featured on the cover and were named to HousingWire’s 2021 Women of Influence. I had the honor of sitting down with them to learn more about the projects they’re passionate about, how they’re making a difference and what advice they’d share with those in the industry.  Here is the interview with Rebecca McDonald, chief product officer at Rocket Mortgage. Brena Nath: First off, congrats on being named a 2021 Women of Influence. If you were standing on a stage giving an acceptance speech, who would you want to thank for helping you get where you are today? Rebecca McDonald: Well, thank you very much, it is quite an honor. I definitely would first start with my family. My husband is my rock and has been with me on this entire journey and is such a great support system. My kids, I learn from them every single day, they constantly keep me on my toes, and I really appreciate it. My mother, who is one tough lady and defied a lot of odds, and really set the stage for being a person of integrity and hard work. And of course, my siblings, I come from a big family, and they’re very supportive of me as well. When I think about my mentors, there are three people that really stand out and were really important, although there have been hundreds of people that I could say right now from the organization. I definitely want to highlight Shawn Krause. She’s one of the first mentors I had when I first started out. And she was the person that without even batting an eyelash presented possibilities to me for things that I might do, that I never even would have considered. Bill Emerson just gave me so much opportunity to grow and fail and then succeed and really was an incredible mentor, support and challenger for me. Lastly, I would say Linglong He. A little bit later in my career, she really came in and helped me refine and fine-tune my leadership and individual contributor expertise as well. This content is exclusively for HW+ members. Start an HW+ Membership now for less than $1 a day. Your HW+ Membership includes: Unlimited access to HW+ articles and analysis Exclusive access to the HW+ Slack community and virtual events HousingWire Magazine delivered to your home or office Become a member today Already a member? log in The post Rocket Mortgage’s Rebecca McDonald on product strategy at the fast-growing lender appeared first on HousingWire. [ad_2] Source link

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7 Top Oil Stocks for 2021

[ad_1] The post 7 Top Oil Stocks for 2021 appeared first on Millennial Money. The oil industry experienced significant setbacks in 2020 as the coronavirus pandemic brought the entire world to a standstill for months and essentially eliminated oil demand during that time. But with economies around the world opening back up, a surge of demand for petroleum products is bouncing back.  The pandemic came as the oil industry was already undergoing significant transformations in order to figure out how their businesses will function in the wake of climate change. Additional hurdles came in mid-2021 when President Biden set a goal for half of all new cars sold in the United States in 2030 to be electric. But the massive size of the oil and gas industry—of which the drilling sector is worth more than $2 trillion alone—means these energy stocks won’t disappear overnight.  Below I’ve compiled a list of some of the top oil stocks so investors can decide whether or not these companies are the right investments as these companies shift their focus to adapt to climate change demands. Now let’s take a closer look at some of the top oil stocks in the industry! Best Oil Stocks to Buy Now Here is a list of the best oil stocks to buy in 2021. Exxon Mobil Corporation  ConocoPhillips  Enbridge Inc.  Phillips 66  Chevron Corporation  PDC Energy, Inc. TotalEnergies SE  Exxon Mobil Corporation (NYSE: XOM)  ExxonMobil (NYSE:XOM) Price: $0 (as of close Aug 6, 2021) Market Cap: 244,953,950,377 document.addEventListener(“DOMContentLoaded”, function(event) { Highcharts.stockChart(“stockChart-d9afb58132a6958de2d7fe4409852819”,{rangeSelector:{selected:1},title:{text:”ExxonMobil (NYSE:XOM)Closing Stock Price”},subtitle: {text: “30-Day Historical Data”},navigator: { enabled: false },scrollbar: { enabled: false },credits: { enabled: false },xAxis: { type: “datetime”, labels: { formatter: function() { return Highcharts.dateFormat(“%m %d, %Y”, this.value); }}},colors: [“#118b4e”],rangeSelector : { enabled: false },series:[{name:”NYSE:XOM”,data:[[1625803200000,61.23],[1626062400000,61.17],[1626148800000,60.88],[1626235200000,59.53],[1626321600000,58.95],[1626408000000,57.32],[1626667200000,55.35],[1626753600000,55.96],[1626840000000,57.76],[1626926400000,57.11],[1627012800000,57.04],[1627272000000,58.48],[1627358400000,57.83],[1627444800000,58.22],[1627531200000,58.93],[1627617600000,57.57],[1627876800000,57.58],[1627963200000,58.2],[1628049600000,56.84],[1628136000000,57.2],[1628222400000,57.86],],tooltip:{valueDecimals:2,xDateFormat: “%A, %B %e, %Y”}}]}); }); As the largest publicly traded oil company, Exxon Mobil hardly needs an introduction. The oil giant has one of the most recognizable names in the oil industry and, like some of its peers, its huge size has allowed the company to adapt to volatile crude oil prices.  For example, the company says that 90% of its upstream development capital expenditures have a cost-of-supply of $35 per Brent Crude barrel, making it easier for the company to make money as oil prices fluctuate.  Additionally, Exxon Mobil says it will maintain its dividends and fund capital expenditure investments between 2022 and 2025 if Brent Crude prices are between $45 to $50.  And while the company’s size helps it maintain a strong position in the oil industry, Exxon Mobil is also investing in other, more environmentally-friendly technologies. The company has invested more than $10 billion in lower-emission technologies over the past two decades and will invest an additional $3 billion by 2025.  And most recently, Exxon Mobil pledged in mid-2021 to reach net-zero carbon emissions by 2050.  ConocoPhillips (NYSE: COP)   ConocoPhillips (NYSE:COP) Price: $0 (as of close Aug 6, 2021) Market Cap: 75,658,137,689 document.addEventListener(“DOMContentLoaded”, function(event) { Highcharts.stockChart(“stockChart-492f96060746e6dcdbf200a3635b85c6”,{rangeSelector:{selected:1},title:{text:”ConocoPhillips (NYSE:COP)Closing Stock Price”},subtitle: {text: “30-Day Historical Data”},navigator: { enabled: false },scrollbar: { enabled: false },credits: { enabled: false },xAxis: { type: “datetime”, labels: { formatter: function() { return Highcharts.dateFormat(“%m %d, %Y”, this.value); }}},colors: [“#118b4e”],rangeSelector : { enabled: false },series:[{name:”NYSE:COP”,data:[[1625803200000,60.13],[1626062400000,59.8],[1626148800000,59.46],[1626235200000,57.67],[1626321600000,57.08],[1626408000000,55.5],[1626667200000,53.7],[1626753600000,54.47],[1626840000000,57.02],[1626926400000,56.67],[1627012800000,55.34],[1627272000000,56.87],[1627358400000,56.33],[1627444800000,56.72],[1627531200000,57.08],[1627617600000,56.06],[1627876800000,55.38],[1627963200000,56.64],[1628049600000,54.93],[1628136000000,55.95],[1628222400000,56.5],],tooltip:{valueDecimals:2,xDateFormat: “%A, %B %e, %Y”}}]}); }); ConocoPhillips claims to be the world’s largest independent exploration and production (E&P) company based on its production and proved reserves.  And it has a lot of reasons to boast of such claims. ConocoPhillips operates in more than 15 countries across the globe, utilizing more than 10,000 employees to explore and produce crude oil and natural gas.  Because ConocoPhillips has so much production all across the world, it’s easier for the company to remain profitable even when the benchmark price of oil drops. That’s helped the company maintain a strong balance sheet in the past.  Investors interested in buying the company’s shares should pay particularly close attention to the company’s Alaskan operations, which account for a significant amount of the company’s oil production. Pick Like A Pro Where to invest $500 right now Lots of new investors take chances on long shots instead of buying shares of great companies. I prefer businesses like Amazon, Netflix, and Apple — they’re all on my best stocks for beginners list. There’s a company that “called” these businesses long before they hit it big. They first recommended Netflix in 2004 at $1.85 per share, Amazon in 2002 at $15.31 per share, and Apple back in the iPod Shuffle era at $4.97 per share. Take a look where they are now. That company: The Motley Fool. For people ready to make investing part of their strategy for financial freedom, take a look at The Motley Fool’s flagship investing service, Stock Advisor. They just announced their top 10 “best buys now” across the entire stock market. Whether you’re starting with $100, $500, or more, you should check out the full details. Click here to learn more Enbridge Inc. (NYSE: ENB)  Enbridge (NYSE:ENB) Price: $0 (as of close Aug 6, 2021) Market Cap: 80,113,746,730 document.addEventListener(“DOMContentLoaded”, function(event) { Highcharts.stockChart(“stockChart-8f2a9538afd1f543faf038b9f4a8673e”,{rangeSelector:{selected:1},title:{text:”Enbridge (NYSE:ENB)Closing Stock Price”},subtitle: {text: “30-Day Historical Data”},navigator: { enabled: false },scrollbar: { enabled: false },credits: { enabled: false },xAxis: { type: “datetime”, labels: { formatter: function() { return Highcharts.dateFormat(“%m %d, %Y”, this.value); }}},colors: [“#118b4e”],rangeSelector : { enabled: false },series:[{name:”NYSE:ENB”,data:[[1625803200000,40.25],[1626062400000,40.15],[1626148800000,39.9],[1626235200000,39.54],[1626321600000,39.21],[1626408000000,39.08],[1626667200000,37.8],[1626753600000,37.94],[1626840000000,38.6],[1626926400000,38.68],[1627012800000,38.81],[1627272000000,38.9],[1627358400000,38.98],[1627444800000,39.34],[1627531200000,39.63],[1627617600000,39.35],[1627876800000,39.07],[1627963200000,39.47],[1628049600000,39.18],[1628136000000,39.51],[1628222400000,39.54],],tooltip:{valueDecimals:2,xDateFormat: “%A, %B %e, %Y”}}]}); }); Enbridge is a large energy infrastructure company that operates oil and gas pipelines throughout the United States, along with natural gas storage, and even some wind farms.  The company says it moves about 25% of all crude oil produced in North America and transports nearly 20% of all natural gas consumed in the United States.  One of the things that makes Enbridge unique as an oil stock is that the company’s financial stability isn’t as tied to crude oil prices as many other oil stocks. That’s because Enbridge’s pipeline contracts involve fees that are set despite fluctuations in oil prices.  That helped Enbridge weather a very tumultuous 2020 in which the company’s discounted cash flow per share of $4.67 exceeded

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Last Week’s $70 Grocery Shopping Trip

[ad_1] These are the moments I don’t ever want to forget. The ordinary, everyday joy. Starting our mornings with family breakfasts have been one of the best memories over the summer. I’m going to miss them when school starts! (Jesse and Kaitlynn leave for the rink before 5:30 a.m. every school morning for skating practice/lessons for her, but we’re working on creative ways to still incorporate family meals, even with multiple activities… because it’s something that is a real priority to us!) Look at this great markdown I found at Kroger! Kierstyn loves these. I bought extra to stick in the freezer. All of this was around $70. I was excited that strawberries were 2 lbs for $2.50! I wanted to use some of the yogurt and strawberries to make parfaits… only problem was that we didn’t have any granola! But I had oats and peanut butter and maple syrup, so I whipped up some Peanut Butter Granola. This is such an easy recipe — and it can be made in such a short time period! We LOVE waffles… especially the recipe from the Better Homes & Gardens cookbook! By the way, if you have milk that is past the sell by date and is starting to get a little sour, you can use it to make waffles or pancakes! Belgian waffles are the best! Kierstyn approves! We used some frozen bananas we had + the strawberries + the yogurt tubes + milk to make smoothies for breakfast one morning. I was planning to enjoy a quiet, kid-free lunch for five minutes in my basement office one day… but she found me! If you haven’t tried this Banana Bread recipe, it’s one of our favorites. I used it to make banana muffins this past week. [ad_2] Source link

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