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Intel stock pops as it buys back Ireland chip fab in sign of strength

admin April 1, 2026 0 Comments

Intel shares jumped 10% on Wednesday after the U.S chipmaker announced it would repurchase the 49% equity interest it did not own in its Fab 34 chip facility in Ireland for $14.2 billion. The semiconductor company sold the 49% stake in its Ireland manufacturing facility to buyout firm Apollo Global Management in 2024 for $11.2 […]

Possible Paramount Group sale to Rithm shows Manhattan office market’s strength

admin September 21, 2025 0 Comments

Rithm Capital’s prospective purchase of Paramount Group is a stroke of faith in the strength of the Manhattan office market, which is where most of Paramount’s holdings are concentrated. The deal would give Rithm, a major force in commercial and residential credit and asset management, a significant, 13.1 million square-feet, bricks-and-mortar stake for the first […]