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EarlyBird's new app lets families and friends 'gift' investments to children – TechCrunch - Vimarsana News

EarlyBird's new app lets families and friends 'gift' investments to children – TechCrunch

EarlyBird’s new app lets families and friends ‘gift’ investments to children A new fintech startup called EarlyBird wants to help families invest in their children’s financial futures. Through the EarlyBird mobile app, parents in just a few minutes can create a custodial account, also known as a UGMA (Uniform Gifts to Minors Act) account. These accounts typically allow a parent, aka the “custodian,” to invest in stocks, bonds, mutual funds and other securities on behalf of the minor child. When the child comes of legal adult age, the investments become theirs. Through the app, par...

Gannett Announces Further Real Estate Sales and Debt Repayment - Vimarsana News

Gannett Announces Further Real Estate Sales and Debt Repayment

Gannett Announces Further Real Estate Sales and Debt Repayment Gannett Announces Further Real Estate Sales and Debt Repayment Gannett Co., Inc. (“Gannett”, “we”, “us”, “our”, or the Company”) (NYSE: GCI) today announced that from the beginning of the fourth quarter through the end of this week, the Company will have repaid approximately $647 million of its 11.5% term loan, reducing the outstanding balance to $1.082 billion. The sources of funds for the $647 million of repayment are: $497 million of proceeds from the Companys issuance of 6% senior secured convertible notes...