Millennium Management LLC increased its stake in Intercontinental Hotels Group (NYSE:IHG – Free Report) by 170.5% during the first quarter, according to its most recent filing with the SEC. The fund owned 305,177 shares of the company’s stock after buying an …
South Korean stock market witnessed a surge. KOSPI benchmark increased, marking a tenth consecutive session of gains. This surge followed the government's decision to scrap a proposed stock investment tax hike. Samsung Electronics saw a rise, while Hyundai Motor and Kia Corp experienced declines. Foreign investors actively bought
Trump presses appeals court to remove Fed governor Lisa Cook Read Full Article →
Mortgage rates are dropping at their fastest pace in nearly a year which could give a much needed boost to the frozen housing market— as well as stocks tied to home loan servicers, builders and home retailers. The Data: The 30-year fixed mortgage rate averaged 6.35% for the week
A sale to China was likely to come at a hefty discount before talks with JD.com collapsed. As shoppers focus on essentials, the brand now looks like a luxury Read Full Article →
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