Rudd and the stockmarket
By Jonathan Stempel NEW YORK (Reuters) -JPMorgan Chase will pay $151 million to settle five U.S. Securities and Exchange Commission enforcement cases, including accusations that the largest U.S. bank made misleading disclosures to brokerage customers, the regulator said on Thursday. The settlements include $61 million of civil fines and $90 million of reimbursements to customers….
The stock market delivered a powerhouse performance on Friday, with the 50-day moving average holding firm for the third or fourth time during this rally. The result? A day of all-day trends, with large-cap and small-cap stocks alike surging to impressive gains. What Happened on Friday? The rally was nothing short of spectacular: Tesla rebounded…
(Reuters) – Shares in Elis fell 11% on Friday after Reuters reported, citing sources, that the French workplace supplies provider had approached Vestis, the former uniform rentals business of Aramark, with an acquisition offer. Vestis, valued at $3.3 billion on the stock market, has become an acquisition target after recent underperformance due to the loss…
Tuesday in Review: It was another good day for us on Tuesday as we kept things moving right along with a trio of potential plays in our premarket report for the session. We ultimately witnessed nice intraday rises out of all four of our designated target contract sets. Our interests for the day were the C Weekly $64…
Sound bite for Twitter is: Resource Sector Stock. Results of stock price testing is that the stock price is probably reasonable and below the median. Debt Ratios are fine. The stock no longer pays a dividend so there is not current dividend or Dividend Payout Ratios (DPR). See my spreadsheet on Obsidian Energy Ltd. Is…
Singapore-based warehouse automation solutions provider XSQUARE has announced raising S$10.5 million (about $7.8 million) in its Series A funding round anchored by early-stage venture investor Wavemaker Partners. The funding round was also backed by Enterprise Singapore’s investment arm SEEDS Capital and commercial and industrial vehicles distributor Goldbell Corporation. XSQUARE said it will use the fresh…