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Shares of Rocket, UWM Holdings rise sharply in early trade

3 Min Read (Reuters) - A wild rally in shares of Rocket Companies that saw the stock rise 70% in an apparent short squeeze has attracted fresh bets that the stock price will decline. Slideshow ( 2 images ) Shares of Rocket, the parent of mortgage lender Quicken Loans, were down 31.7% to $28.43 in afternoon trading on Wednesday. The heavily-shorted stock had surged more than 70% on Tuesday in a move that analysts said was likely sparked by bearish investors unwinding bets against the stock as it...
New York United States Lance Tupper Aaron Saldanha Arun Koyyur Thomson Reuters Trust Principles

Irish housebuilder Glenveagh sees "huge" demand as mortgage approvals rise

路透新闻部 3 分钟阅读 DUBLIN, Feb 26 (Reuters) - Irish housebuilder Glenveagh Properties said on Friday it is seeing huge demand for new homes, as data showed that mortgage approvals in Ireland rose in January despite the country being back in a strict COVID-19 lockdown. Glenveagh, which chiefly builds homes in and around Dublin, reported an operating loss for 2020 of 12.7 million euros compared to a profit of 29.4 million euros a year earlier after building sites were shut due to COVI...
United Kingdom Padraic Halpin Susan Fenton Stephen Garvey Banking Payments Federation Ireland On Glenveagh Properties

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Reports of NatWest's Irish exit a matter of real concern, says deputy PM

By Reuters Staff 1 Min Read DUBLIN, Feb 18 (Reuters) - Media reports that NatWest may exit the Irish market after a months-long strategic review of its operations there is a matter of real concern, Irish Deputy Prime Minister Leo Varadkar said on Thursday. The Irish Times reported on Wednesday that the NatWest board was set to decide on Thursday on a proposal to wind down its operations in the Republic of Ireland. The Financial Times also reported it was preparing to start a phased withdrawal, ...
Republic Of Ireland Padraic Halpin Edmund Blair Leo Varadkar Thomson Reuters Trust Principles Ulster Bank

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