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Finance & Markets

China’s Iron Ore Buying Clout Makes Each Deal a Market Event

State-backed iron ore buyer China Mineral Resources Group Co. has had a good year, securing deals with two of its biggest suppliers that establish its dominance of a market worth north of $100 billion.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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NexPoint: 3 Key Takeaways for Long-Term Investors

Falling multifamily supply could restore rental pricing power, and rising refinancing strain may widen the lending opportunity for NexPoint.

  • NexPoint generated $0.60 per share in cash available for distribution
  • Higher interest rates pressured borrowers needing to refinance
  • Lower apartment construction supply expected to restore pricing power

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