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Marketmind: Fed week hopes for ailing small caps

Another Monday bounce in world markets sets up a Fed-dominated week ahead - although the U.S. central bank may not yet have a great deal to offer stock and bond markets that seem keener to see the glass half empty as October comes to a close. A worrying late-year stock market unwind is starkest in small-cap indexes now tracking year-to-date losses of some 7% - even as the benchmark S&P500 remains up 7% and Big Tech leaders of the Nasdaq 100 are still 30% higher. Annual earnings growth for...
Hong Kong Israel General United States City Of United Kingdom Mike Dolan
Source: yahoo.com

Shein buys Missguided brand from Britain's Frasers

LONDON (Reuters) -Shein, the China-founded fast-fashion retailer, has bought the Missguided brand from Mike Ashley's Frasers, the e-commerce giant's first purchase of a British brand. Frasers said on Monday Shein would acquire the intellectual property and trademarks of Missguided, while Frasers would retain its real estate and employees which have now been integrated into Frasers' fashion division. Financial details of the deal were not disclosed but Frasers said the transactio...
United States City Of United Kingdom Michael Murray Eleonora Dani Kate Holton
Source: yahoo.com

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Simon Property Group, Inc. (NYSE:SPG) to Issue Quarterly Dividend of $1.90

Simon Property Group, Inc. (NYSE:SPG – Get Free Report) announced a quarterly dividend on Monday, October 30th, RTT News reports. Stockholders of record on Friday, December 8th will be paid a dividend of 1.90 per share by the real estate investment trust on Friday, December 29th. This represents a $7.60 annualized dividend and a dividend […]
United States Reubens Leibowitz Stifel Nicolaus Brianj Mcdade Geode Capital Management Wolfe Research

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