What happened Shares of Marriott International (NASDAQ:MAR) fell 10% in September, according to data provided by S&P Global Market Intelligence. The hotel chain’s shares are still down around 39% for the year, though they have recovered strongly from their low back in early April. Image source: Getty Images. So what Marriott […]
Fell
Simon Property Group, Inc (SPG) Fell Out Of Favor With Hedge Funds
We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and […]
Investment Between China and the US Fell to Lowest Level in a Decade in First Half of 2020
DUBLIN, Sept. 24, 2020 /PRNewswire/ — ResearchAndMarkets.com published a new article on the investment industry The “US-China Tensions Create New Investment Openings” Investment between China and the US fell to their lowest level in almost a decade in the first half of 2020, as the COVID-19 pandemic is accelerating a […]
Card spending activity fell in June, says UK Finance
© Philip Toscano Credit and debit card transactions dipped in June despite more of the high street being open for business, according to UK Finance (PA) Credit and debit card transactions dipped in June despite more of the high street being open for business, according to a trade association. Card […]
U.S. Credit Card Debt Fell in 2020’s Second Quarter
Talk about encouraging — and surprising — news. Millions of Americans are struggling with income loss during the COVID-19 pandemic, so you’d think credit card balances would skyrocket at a time like this. But actually, the opposite has happened. Total household debt decreased during 2020’s second quarter, and credit card […]
Why Purple Innovation Stock Jumped More Than 12% While the Market Fell
What happened Shares of Purple Innovation (NASDAQ:PRPL) jumped 12.2% higher on Thursday after the bedding maker priced a secondary offering at $18.50 per share, over $1.50 per share below where the stock had closed on Wednesday. So what Purple didn’t issue new shares, which would dilute existing shareholders. Rather, two […]
Singapore’s Temasek says its portfolio fell for the first time in four years due to Covid-19
Temasek’s portfolio fell to 306 billion Singapore dollars ($223.73 billion) for the financial year that ended March 31. That’s around 2.2% lower than the previous year’s 313 billion Singapore dollars, the company said in its newly released annual report. Shareholder returns were 5% over a 10-year period and 6% over […]
U.S. Added 1.4 Million Jobs In August And Unemployment Fell To 8.4%
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getty After the stock market had its worst day since June 11, falling more than 800 points on Thursday, there were fears of a meager August jobs report. On Friday, the Bureau of Labor Statistics reported some better-than-expected news. The United States added nearly 1.4 million jobs in August. Furloughed […]