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Diversified Healthcare Trust Appoints Christopher Bilotto As President And CEO
(RTTNews) - Diversified Healthcare Trust (DHC) announced Friday that Christopher Bilotto has been appointed President and Chief Executive Officer, effective January 1, 2024.
Bilotto is an Executive Vice President of The RMR Group (RMR). Prior to joining RMR in 2011, he worked at General Growth Properties in various management roles.
Bilotto succeeds Jennifer Francis who is retiring from RMR on July 1, 2024 and therefore resigning from her executive officer positions at DHC and RMR, effective December 31, 2023. Francis has been a member of DHC senior management since 2018 and a Managing Trustee of DHC since 2021. She will continue as a Managing Trustee of DHC.
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Diversified Healthcare To Sell 18 Triple Net Leased Senior Living Communities To Brookdale
Diversified Healthcare Trust (DHC) announced Monday it has entered into a purchase and sale agreement with Brookdale Senior Living Inc. (BKD) to sell 18 triple net leased senior living communities that Brookdale currently leases from DHC for $135 million.
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Před 366 dny
TSX Pares Some Gains After Posting New Record High
The Canadian benchmark index S&P/TSX Composite climbed to a new record high on Wednesday, supported by gains in technology, healthcare and mining stocks.
The mood in the market remains positive despite another contraction in Canadian manufacturing activity, and a partial US government shutdown that is threatening to delay the crucial jobs data this week.
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Před 1 h 29 min
Swiss Market Ends On Upbeat Note
The Switzerland market closed on an upbeat note on Wednesday, as pharma majors Roche and Novartis rallied sharply amid easing tariff concerns after Pfizer struck a deal with the Trump administration to allow patients to purchase discounter prescription drugs through a new federal website.
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Před 2 h 1 min
European Markets Close On Buoyant Note
Despite the U.S. federal government officially shutting down after the Senate failed to reach an agreement on a last-minute spending bill, European stocks closed on a strong note on Wednesday, led by gains in the healthcare sector.
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Před 2 h 17 min
U.S. Manufacturing Index Inches Higher In September But Still Indicates Contraction
A report released by the Institute for Supply Management on Wednesday showed its reading on U.S. manufacturing activity crept slightly higher in September but continued to indicate contraction. The ISM said its manufacturing PMI edged up to 49.1 in September from 48.7 in August, although a reading below 50 still indicates contraction. Economists had expected the index to inch up to 49.0.
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Před 5 h 10 min
Elon Musk's XAI Is Working On Wikipedia Rival Grokipedia
Billionaire Elon Musk announced that his artificial intelligence startup X.AI Corp., doing business as xAI, is creating Grokipedia, an AI-driven alternative to Wikipedia, powered by the company's Grok AI chatbot.
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Před 5 h 40 min
U.S. Private Sector Unexpectedly Cuts 32,000 Jobs In September
Private sector employment in the U.S. unexpectedly decreased in the month of September, according to a report released by payroll processor ADP on Wednesday. ADP said private sector employment fell by 32,000 jobs in September after dipping by a revised 3,000 jobs in August. Economists had expected private sector employment to climb by 50,000 jobs.
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Před 6 h 14 min
Bay Street May Open With Slightly Negative Bias
Canadian shares may open with a negative bias on Wednesday as the crucial U.S. jobs data due this week is likely to be delayed due to a partial U.S. government shutdown.
Higher metal prices could trigger some strong buying in the materials sector and help limit market's downside.
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Před 6 h 58 min
