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TSX:REI.UN 5 January 2026

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 05.01.2026

RioCan REIT closed at CA$19.07 with a P/E of 84.3x, far above peers, as DCF analysis suggests a fair value of CA$21.10. Varia US Properties shares dropped 58% over three years amid annual revenue declines of 7.8%. Super Micro Computer faces scrutiny after Ernst & Young criticized its financials. Alexanderwerk reported a 17% ROCE for the twelve months to June 2025.
5 January 2026
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Stock Market Today

  • InterContinental Hotels Group to Cancel 76,481 Shares Bought in Buyback
    March 20, 2026, 5:40 AM EDT. InterContinental Hotels Group (IHG) purchased 76,481 ordinary shares on March 19, 2026, through Goldman Sachs International as part of its Annual General Meeting-authorized share buyback program. The shares were acquired on the London Stock Exchange, with prices ranging from $127.05 to $131.35, averaging $129.73 per share. The company plans to cancel these shares, reducing the total shares outstanding to 150,524,341, excluding 5,431,782 shares held in treasury. This move follows instructions issued on February 17, 2026, reinforcing IHG's commitment to returning value to shareholders through share consolidation.
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