Tag Archives: REI

Police yet to disclose motive in SF jewelry store killing

A bloodied gunman suspected of killing two women and seriously wounding a man inside a jewelry store at a popular San Francisco shopping center is in custody, but police have yet to release a motive.

Officers encountered the suspect Friday outside the San Francisco Giftcenter & Jewelrymart in the trendy South of Market area. Initially, the officers were not sure if the man, who had blood on his clothes, was a shooting victim or a suspect, police Chief Greg Suhr said.

The man, whose name was not released, then opened fire at officers while retreating into a restaurant, Suhr said.

“The suspect fired additional multiple rounds at the officers and then, we believe, ran out of ammunition, threw the gun on the ground and surrendered,” Suhr said.

Officers did not return fire because the sidewalks were crowded with shoppers and residents, police said.

Inside the shopping center, officers found two women dead and a man injured with gunshot and stab wounds at the Victoga jewelry shop. One woman was shot and the other suffered “wounds from an edged weapon,” police said.

A gun and a knife were recovered from the scene.

Witnesses say the women were employees and the man is the shop’s owner. Their names have not been released.

The suspect was taken to a local hospital for non-life-threatening injuries.

SWAT teams and K-9 units swept the building for any additional suspects.

“We believe from video in an adjacent store that there was one suspect. We believe that it is the suspect we have in custody,” Suhr said.

Police were unsure of the relationship between the suspect and the victims, Suhr said, even though he had previously been seen in the building, according to witnesses. Investigators were also trying to determine if Friday’s shooting was connected to a botched robbery.

The shopping center is just blocks from the Hall of Justice, which is the home of San Francisco Superior Court, a jail and police headquarters. Several tech companies, including online game maker Zynga, are also in the neighborhood.

Witnesses and bystanders ran for cover when the shooting began.

“I had just parked when I heard the bullets go `Pop! Pop! Pop!”‘ said Connie Angland of Los Angeles, who was walking toward a nearby REI to buy a present for father’s 70th birthday. “It was scary.”

…read more

Source: FULL ARTICLE at Fox US News

The Securities Arbitration Law Firm of Klayman & Toskes Commences Investigation into the Sale of REI

By Business Wirevia The Motley Fool

Filed under:

The Securities Arbitration Law Firm of Klayman & Toskes Commences Investigation into the Sale of REITs to Ameriprise Financial Customers

NEW YORK–(BUSINESS WIRE)– The Securities Arbitration Law Firm of Klayman & Toskes (“K&T”), www.reitfraudloss.com, announced today that it is commencing an investigation into the sale of real estate investment trust (“REITs”) products by Ameriprise Financial (NYS: AMP) to its customers. Ameriprise Financial was one of the largest sellers of non-traded REITs.

Many investors purchased REITs at the recommendation of their full-service brokerage firm, like Ameriprise, who advised them that they were low risk, safe investments, thereby misrepresenting the product. In some cases, a substantial portion of a customer’s assets were placed in a single REIT, resulting in an unsuitable over-concentration in a single product. Consequently, REIT investors may be able to recover some of their losses by filing an individual securities arbitration claim against their full-service brokerage firm.

Ameriprise customers who invested in REITs are encouraged to contact K&T to explore their legal rights and options. K&T has filed numerous securities arbitration claims with the Financial Industry Regulatory Authority’s (“FINRA”) Arbitration Department relating to REITs, including claims against Ameriprise. The attorneys at K&T are dedicated to pursuing claims on behalf of investors who have suffered substantial losses. K&T, an experienced, qualified and nationally recognized securities litigation law firm, practices exclusively in the field of securities arbitration and litigation. It continues its representation of investors throughout the world in securities arbitration and litigation matters against major Wall Street brokerage firms.

If you wish to discuss this announcement or purchased $250,000 or more in REITs through Ameriprise, please contact Steven D. Toskes, Esquire or Jahan K. Manasseh, Esquire of Klayman & Toskes, P.A., at 888-997-9956, or visit us on the web at www.reitfraudloss.com.

Klayman & Toskes, P.A.
Steven D. Toskes, Esquire
Jahan K. Manasseh, Esquire
888-997-9956
www.reitfraudloss.com

KEYWORDS:   United States  North America  Florida  New York

INDUSTRY KEYWORDS:

The article The Securities Arbitration Law Firm of Klayman & Toskes Commences Investigation into the Sale of REITs to Ameriprise Financial Customers originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 – 2013 The Motley Fool, …read more
Source: FULL ARTICLE at DailyFinance

RioCan Real Estate Investment Trust Goes Ex-Dividend Soon

By DividendChannel.com

On 3/26/13, RioCan Real Estate Investment Trust (Toronto: REIUN) will trade ex-dividend, for its monthly dividend of $0.1175, payable on 4/5/13. As a percentage of REI.UN‘s recent stock price of $27.18, this dividend works out to approximately 0.43%.
Click here to find out which 9 other Canadian stocks going ex-dividend you should know about, at DividendChannel.com » …read more
Source: FULL ARTICLE at Forbes Markets

RWX, BAM.A, REI.UN, BPO: ETF Inflow Alert

By ETFChannel.com

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Dow Jones International Real Estate ETF (AMEX: RWX) where we have detected an approximate $33.5 million dollar inflow — that’s a 0.9% increase week over week in outstanding units (from 86,935,379 to 87,735,379). Among the largest underlying components of RWX, in trading today Brookfield Asset Management (Toronto: BAM-A) is down about 0.3%, RioCan Real Estate Investment Trust (Toronto: REIUN) is up about 0.2%, and Brookfield Office Properties Inc (Toronto: BPO) is relatively unchanged. For a complete list of holdings, visit the RWX Holdings page » …read more
Source: FULL ARTICLE at Forbes Markets

President Obama Names Sally Jewell to Lead the Department of the Interior

By <a href="/author-detail/475">Colleen Curtis</a>

President Obama Nominates Sally Jewell for Secretary of the Interior

President Barack Obama and Sally Jewell applaud outgoing Interior Secretary Ken Salazar after President Obama announced Jewell as his nominee to replace Salazar, in the State Dining Room of the White House, Feb. 6, 2013.

(Official White House Photo by Pete Souza)

Speaking in the State Dining Room at the White House, President Obama today announced that he has chosen Sally Jewell to be the next Secretary of the Interior. For the past eight years, Ms. Jewell has been the CEO of REI, one of America's most successful and environmentally consious retailers. Previously, she had worked in oil fields in Oklahoma and Colorado, and as an energy expert in banking — experience the President highlighted as he introduced Ms. Jewell to the American people:

So even as Sally has spent the majority of her career outside of Washington — where, I might add, the majority of our interior is located — she is an expert on the energy and climate issues that are going to shape our future. She is committed to building our nation-to-nation relationship with Indian Country. She knows the link between conservation and good jobs. She knows that there’s no contradiction between being good stewards of the land and our economic progress; that in fact, those two things need to go hand in hand. She has shown that a company with more than $1 billion in sales can do the right thing for our planet.

read more

…read more
Source: FULL ARTICLE at The White House

Outdoor Retail Exec Picked For Interior

By Breaking News

Barack Obama 5 SC Outdoor retail exec picked for Interior

WASHINGTON (OfficialWire) — President Barack Obama on Wednesday will nominate business executive and former engineer Sally Jewell to lead the Interior Department, an administration official said.

Jewell is the president and chief executive officer at the outdoors company Recreational Equipment, Inc., known as REI, which sells clothing and gear for outdoor adventures with more than 100 stores across the country. Prior to joining REI in 2000, Jewell worked in commercial banking and as an engineer for Mobil Oil Corporation.

If confirmed, Jewell would replace current Interior Secretary Ken Salazar, who held the post throughout Obama’s first term. Salazar announced last month that he would step down in March.

Jewell is the first woman in Obama’s crop of second-term Cabinet nominees. The White House faced criticism that the new Cabinet lacked diversity after Obama tapped a string of white men for top posts, but Obama promised more diverse nominees were in the queue for other jobs.

Jewell’s confirmation would also put a prominent representative from the business community in the president’s Cabinet. REI is a $2 billion-a-year company and has been named by Fortune Magazine as one of the top 100 companies to work for.

Read More at OfficialWire . By Julie Pace.

…read more
Source: FULL ARTICLE at Western Journalism

Cash Dividend On The Way From RioCan Real Estate Investment Trust

By DividendChannel.com On 1/29/13, RioCan Real Estate Investment Trust (Toronto: REIUN) will trade ex-dividend, for its monthly dividend of $0.1175, payable on 2/7/13. As a percentage of REI.UN‘s recent stock price of $27.05, this dividend works out to approximately 0.43%.
Click here to find out which 9 other Canadian stocks going ex-dividend you should know about, at DividendChannel.com »
Source: FULL ARTICLE at Forbes Markets