Stocks extend gains over improved investor confidence

[ad_1] Listen to article Pakistan Stock Exchange, after registering the second-highest gain a day ago, extended its positive momentum on Wednesday as investors remained upbeat. The excitement from Tuesday’s historic surge, when the KSE-100 index jumped over 6,000 points, was carried forward into the new session over investor confidence, fuelled by easing of geopolitical tensions and supportive … Read more

Investor demands Victoria’s Secret overhaul its board

[ad_1] NEW YORK: Activist investor Barington Capital Group is pushing Victoria’s Secret to alter its board and end a recently adopted “poison pill” plan, according to a letter to the lingerie maker’s shareholders on Monday. The New York-based hedge fund, which owns more than 1 per cent of the company, said Victoria’s Secret has underperformed … Read more