Mining billionaire Gina Rinehart plans to sell a portfolio of seven cattle stations in Australia, looking to cash in on her investment in the properties amid strong global beef demand.
It’s not just in meme stocks that the fate of short sellers is a key theme. Short bets are increasingly in vogue in the $21 trillion Treasuries market, with crucial implications across asset classes.
Blank-check company sponsors have been raking in millions of dollars in special deal fees, aided by a few Wall Street banks that helped make the merger vehicles the hottest ride of the past year.
More than a third of Australian homeowners are planning to sell in the next five years, according to a report by Westpac Banking Corp., as they look to cash in on a booming market driven by low mortgage rates and an improving economy.
Bank stocks are on a tear this year, boosted by reopening optimism as the vaccine rolls out across the U.S.
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