Latest Market News
Hersha Hospitality Trust HT, -0.51% said Monday it is reinstating its dividend, 2 1/2 years after revoking its dividend as a result of the COVID-19 pandemic. The owner of luxury hotels said it will pay a quarterly dividend of 5 cents a share on Oct. 17 to shareholders of record on Sept. 30. “As we […]
Experts reacted with dismay early Monday to President Joe Biden’s statement on “60 Minutes” that the pandemic is over, with many noting that more than 400 people living in the U.S. are dying from the virus every day. That means the country is seeing 9/11-level casualties every week. His comment comes just days after the […]
Theravance Biopharma Inc. TBPH, +0.20% said Monday its board has authorized a $250 million capital return program, that includes buying back its own stock from GSK Plc GSK, -0.61%. The company will purchase GSK’s entire holdings of about 9.6 million shares at $9.75 a share with the closing expected Tuesday. The company also plans to […]
Risk Sentiment Suffers On Biden Coments Along with the current rally in USD, risk sentiment appears to be suffering at the start of the week on the back of comments made by President Biden. During an interview with CBS, when questioned over whether the US military would step in to defend Taiwan in the event […]
Type: Bearish Drop Key Levels:Resistance: 13399.43Pivot: 12437.6Support: 12123.93 Preferred Case:On the H4, with the price reflecting off the 61.8% Fibonacci retracement line and the price being below ichimoku cloud, we have a bearish bias that the price may break through the pivot line and tap onto the 1st support line which is at the 78.6% […]
The United States Securities and Exchange Commission (SEC) and Ripple Labs have both called for a federal judge to make an immediate ruling on whether Ripple’s XRP sales violated U.S. securities laws. In separate motions filed on Saturday by Ripple and the SEC, both have called for a summary judgment in the U.S. District Court […]