Equity Markets

Stock investors will likely sweat out August if recent market history repeats

August, not April, is the cruelest month — for stock investors, that is. Often August has been the best performing month, persuading investors that a hot August is more than a fluke. But there have been long stretches where the market’s return in August has been particularly painful. Consider the Dow Jones Industrial Average DJIA, …

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International Personal Finance Underlying Pretax Profit Rose; Shares Rise

By Joe Hope Shares in International Personal Finance PLC rose Wednesday after the company said pretax profit rose 45% on an underlying basis along with increased revenue, though reported pretax profit slipped. Shares at 0742 GMT were up 8.2 pence, or 11%, at 84.9 pence. The London-listed credit company said pretax profit rose on an …

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