Subscribe on LinkedIn to be notified of each new Daily Update a curated selection of essential intelligence on financial markets and the global economy from S&P Global.
The meme stock moment affecting equity investing is more than just a situational phenomenon. The short squeeze that has sent the stocks of struggling businesses, namely the brick-and-mortar video game retailer GameStop and cinema group AMC Entertainment, soaring may permanently alter risk management and burst what many see as a market bubble. The GameStop phenomenon will forever change how we look at short selling, Edward Moya, a senior market analyst at OANDA, told S&P Global Market Intelligence. The future of short selling will need to respect the power of the retail trader and realize that having a strong fundamental argument against is not reason enough to short … Short sellers have thrived in the past in exposing fraud or identifying extremely unjustified valuations, but now they will need to clearly outli
Old Republic Special Dividend Letter To The Shareholders
News provided by
Share this article
Share this article
CHICAGO, Jan. 6, 2021 /PRNewswire/ On December 18, 2020, the Board of Directors of Old Republic International Corporation (NYSE: ORI) declared a special, one-time cash dividend of $1.00 per share payable on January 15, 2021 to shareholders of record on January 5, 2021. The attached letter to shareholders provides further background and context to the Board s evaluation relative to this special dividend. The letter has also been posted to the ORI website.
About Old Republic
Chicago-based Old Republic International Corporation is one of the nation s 50 largest shareholder-owned insurance businesses. It is a member of the
predictor in the stock market, since 1944. the market falls from august to october. the party that controls the white house has lost the election 86% of the time. that s according to s&p global market intelligence. one trading day in that span. the s&p is down 2.1%. not going up 2.1%. that points to a donald trump victory, if that pattern holds. what will happened to stocks if elected. an 8% drop in stocks. 10% to 15% drop. that would i call that a plunge. a clinton win could move stocks lower, especially if democrats flip the house. that would give more to elizabeth warren who wants regulation on wall street. there s an old saying, sell the news. the market, you know, for some people, they have been assuming in the market, a hillary clinton victory, if she were to win. you can see the stocks fell. it s a lose-lose from a stock
releasing information about trump and the russians. that is not the soft touch on the situation. even if it is not directly from hillary clinton. thank you for staying up early for us. it is election uncertainty moving the stocks around the globe. dow futures holding on to gains. trading in europe opened a few minutes ago. worries about the election. europe is opening and asia is closing. two of the most reliable indications are pointing in different directions. according to s&p global market intelligence. with one trading day left in that span, it points to a donald trump victory. another from moody s has