Investors are looking for clues about consumer health as the holiday shopping season begins

NEW YORK, Nov 25 (Reuters) – Investors are closely watching U.S. retail stocks as a barometer of consumer confidence as inflation bites as the most important shopping season of the year opens on Friday. Consumer discretionary stocks, as measured by the S&P 500 Consumer Discretionary sector — the group of companies that profit from retail, … Read more

Deal-hungry UAE IHC plans IPOs of healthcare and IT businesses

Pure Health’s IPO is expected to raise more than $1 billion, CEO says Tech IPO targets in Q3 with $1bn in assets It is considering an IPO of International Energy Holding next year Planning purchases this year and next year, looking for a substantial loan ABU DHABI, Nov 24 (Reuters) – International Holding Company ( … Read more

Wall Street Mixed After Weak Business Data; Tesla drags the Nasdaq

ADRs in China are due to concerns about the direction of the economy Tesla falls on price cuts in China US business contracts in Oct Indexes: Dow up 0.46%, S&P up 0.09%, Nasdaq up 1.19% Oct 24 (Reuters) – U.S. stock indexes were mixed in morning trade on Monday, with the tech Nasdaq hit by … Read more

Exchange Traded Concepts LLC Makes New $284,000 Investment in Seagate Technology Holdings plc (NASDAQ:STX)

Exchange Traded Concepts LLC purchased a new position in shares of Seagate Technology Holdings plc (NASDAQ:STX – Get Rating ) during the first quarter, according to the company in its most recent disclosure with the SEC. The fund bought 3,160 shares of the data storage provider’s stock, valued at approximately $284,000. Several other institutional investors … Read more

Koshinski Asset Management Inc. lowers shares of Seagate Technology Holdings plc (NASDAQ:STX)

Koshinski Asset Management Inc. cut its stake in shares of Seagate Technology Holdings plc (NASDAQ:STX – Get Rating ) by 20.2% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 6,706 shares of the data storage provider’s stock after selling 1,694 shares during the quarter. The holdings of Koshinski Asset Management Inc. in Seagate … Read more

Seagate Technology (NASDAQ:STX) hit a new 1-year low of $68.13

Shares of Seagate Technology Holdings plc (NASDAQ:STX – Get Rating ) hit a new 52-week low on Friday . The company traded as high as $68.13 and last traded at $68.13, with a volume of 12,555 shares traded. The stock had previously closed at $71.44. A number of equities analysts recently weighed in on STX … Read more

EXCLUSIVE China’s central bank accepts Ant’s application for financial holding company – sources

The Ant Group logo is displayed at the Ant Group headquarters, a branch of Alibaba, in Hangzhou, Zhejiang Province, China, October 29, 2020. REUTERS / Aly Song Register now for FREE unlimited access to Reuters.com I’m registering PBOC, accepting a license to apply, may come soon – sources Financial holding license to pave the way … Read more

Removed board of Philippine casino sues Japanese tycoon Okada after the resort was detained

Universal Entertainment Corp. founder Kazuo Okada attends a press conference at the Tokyo District Court in Tokyo, Japan, September 14, 2017. REUTERS / Issei Kato Register now for FREE unlimited access to Reuters.com I’m registering MANILA, June 6 (Reuters) – The removed board of the largest casino in the Philippines said on Monday that it … Read more