Merion Road Capital, an investment advisor, released its first quarter 2024 investor letter. A copy of the letter can be downloaded here. In the first quarter, Merion Road Small Cap Fund returned 4.9% compared to 5.0% for the Russell 2000 Index. The long-only portfolio of Merion Road rose 12.9% during the quarter compared to a […]
U.S. existing home sales fell in March as higher interest rates and house prices sidelined buyers from the market. Home sales dropped 4.3% last month to a seasonally adjusted annual rate of 4.19 million units, the National Association of Realtors said on Thursday. Economists polled by Reuters had forecast home resales slipping to a rate of 4.20 million units.
Apr. 18—As Arbor Day nears, the state picked Kettering as the only Montgomery County site for a special tree planting to mark the 75th anniversary of the Ohio Department of Natural Resources. A bit of luck may have been involved. But Kerri Miles said two events Kettering has planned Saturday also likely played a role in ODNR's choice for the honor, which includes providing a tree for one ...