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The BSE Sensex on Tuesday dropped 801.67 points to settle at 71,139.90 on weak global cues.

India's retail sales in December 2023 grew by a modest 4% compared to the same period in 2022, with October and November showing 7% growth, resulting in a sluggish quarter for retailers. The Retailers Association of India (RAI) highlighted muted growth for many despite mid-month discounts and the wedding season.

Hovnanian Enterprises, Inc. PFD DEP1/1000A (NASDAQ:HOVNP – Get Free Report)’s stock price was up 1% during mid-day trading on Wednesday . The company traded as high as $18.50 and last traded at $18.49. Approximately 12,229 shares were traded during trading, an increase of 208% from the average daily volume of 3,976 shares. The stock had […]

Samsung Elec family shares block sale seen at $1.66 billion. The mother and two sisters of Samsung Electronics Chairman Jay Y. Lee plan to sell shares in the tech giant in a block deal seen worth about 2.19 trillion won ($1.66 billion), South Korean newspapers reported on Wednesday. Goldman Sachs, Citibank, UBS and JP Morgan are involved in the deal, which is for the family members to raise funds to pay in instalments the billions of dollars in inheritance tax incurred after Samsung patriarch Lee Kun-hee died in 2020.

Iveco Group (OTCMKTS:IVCGF – Get Free Report) saw a large decrease in short interest in December. As of December 15th, there was short interest totalling 1,457,000 shares, a decrease of 16.8% from the November 30th total of 1,750,500 shares. Based on an average daily trading volume, of 7,400 shares, the days-to-cover ratio is currently 196.9 […]