AMER CMPS COMM

Hi. I''m Aaron Weinman. Today I want to highlight a deep dive about Marcus . This is Wall Street giant Goldman Sachs'' foray onto Main Street. Let''s go. If this was forwarded to you, sign up here . Download Insider''s app here . 1. High turnover, tensions between executives, and mounting losses at Goldman Sachs'' Marcus have stifled the bank''s efforts to encroach on Main Street. It''s fast becoming a defining moment for Chief Executive David Solomon. Executives had grand plans for Marcus — an online bank, named after founder Marcus Goldman, that offers high-yield savings accounts. Marcus was set up as a standalone entity with a popcorn machine and denim-wearing employees — a nod to the informal startup culture evident in places like Silicon Valley. Despite the forward-thinking initiative, Solomon has grown increasingly frustrated as Goldman''s share price did not seemingly reflect the promise of building a digital, consumer bank. Analysts have also argued that management teams — who are sometimes too close to a project — grow enamored by its potential without seeing the same risks that investors might.

Blackstone (NYSE: BX) today announced that Blackstone Core+ perpetual capital vehicles, primarily comprising Blackstone Real Estate Income Trust, Inc. (“BREIT”) and Blackstone Property Partners (“BPP”), have completed the previously announced acquisition of all of the outstanding shares of common stock of American Campus Communities, Inc. (“ACC”), the largest developer, owner and manager

American Campus Communities Inc with ticker code (ACC) have now 4 analysts in total covering the stock. The consensus rating is ''Hold''. The range between the high target price and low target price is between 65.5 and 58 with the average target price sitting at 63.61. With the stocks previous close at 65.39 this would indicate that there is a downside of -2.7%. There is a 50 day moving average of 64.88 and the 200 day MA is 58.15. The market capitalisation for the company is $18,123m. Company Website: https://www.americancampus.com [stock_market_widget type="chart" template="basic" color="green" assets="ACC" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $17,629m based on the market concensus. American Campus Communities is the largest owner, manager and developer of high-quality student housing communities in the United States. The company is a fully integrated, self-managed and self-administered equity real estate investment trust (REIT) with expertise in the design, finance, development, construction management and operational management of student housing properties.

S&P Dow Jones Indices announced that Celsius Holdings current S&P SmallCap 600 constituent Celsius Holdings Inc. (CELH) will replace American Campus Communities Inc

NEW YORK, August 4, 2022: S&P SmallCap 600 constituent Celsius Holdings Inc. (NASD:CELH) will replace American Campus Communities Inc. (NYSE:ACC) in the S&P MidCap 400, and Clearfield Inc. (NASD:CLFD) will replace Celsius Holdings in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, August 10. Blackstone Inc. (NYSE: BX) is acquiring American Campus Communities in a transaction expected to be completed soon pending final conditions.