Day: December 28, 2021
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Keynote speech by Edwin Schooling Latter, Director of Markets and Wholesale Policy and Wholesale Supervision at the FCA, delivered at Risk.net’s LIBOR telethon on 8 December 2021. Speaker: Edwin Schooling Latter, Director of Markets and Wholesale Policy and Wholesale Supervision Location: Risk.net’s LIBOR telethonDelivered on: 8 December 2021Note: this is the speech as drafted and may differ from the […]
Home News FCA issues final messages on LIBOR before end-2021 News stories First published: 10/12/2021 Last updated: 10/12/2021 Today we have issued our final LIBOR publications before the important end-2021 deadline. In a speech delivered earlier this week, Edwin Schooling Latter, Director of Markets and Wholesale Policy and Wholesale Supervision, outlined the remaining actions firms need […]
Shares of Novavax Inc. NVAX, +6.01% hiked up 2.9% in morning trading Tuesday, after the Maryland-based biotechnology company and vaccine manufacture Serum Institute of India Pvt. Ltd. said Novavax’s protein-based COVID-19 vaccine, Covovax, has been granted Emergency Use Authorization (EUA) in India by the Drugs Controller General of India. The vaccine will be made and […]
Stock benchmarks trade mixed but were mostly edging higher Tuesday morning, with the S&P 500 on track for a record close—its 70th of 2021—as investors look toward 2022 with optimism, despite record COVID-19 cases, aided by the spread of the omicron variant. The S&P 500 index SPX, +0.16% was trading up less than 0.1% but […]
STORE Capital Corp. STOR, -0.29% disclosed Tuesday that it has terminated Executive Chairman Christopher Volk “without cause.” As a result, Volk will resign as chairman of the board and as a board member or as manager of any company affiliates. Shares of the real estate investment trust focused on single-tenant operational real estate were little […]
Shares of Digital Turbine Inc. APPS, +3.88% shot up 9.7% in premarket trading Tuesday, putting them on track to post a seventh-straight gain, after the media and mobile communications company announced a multi-year partnership with Alphabet Inc.’s GOOGL, -0.42% Google. With the partnership, Digital Turbine will with with Google Cloud partner SADA to implement Google’s […]
Mercury Systems Inc. MRCY, +1.53% said Tuesday that it has adopted a one-year shareholder rights plan, also known as a “poison pill,” as protection from a hostile takeover during a period in which the aerospace and defense technologies company believes its stock is undervalued. The stock, which were indicated up nearly 4% in premarket trading, […]
Shares of Kiniksa Pharmaceuticals Ltd. KNSA, -1.28% tumbled 15.1% in premarket trading Tuesday, after the biopharmaceutical company said a Phase 3 trial of mavrilimumab for treatment of COVID-19-related acute respiratory syndrome (ARDS) failed to meet the primary efficacy endpoint. The company said a total of 582 patients in the Phase 3 trial were randomized to […]
Shares of Apple Inc. AAPL, -0.34% rose 0.3% in premarket trading Tuesday into record territory, as investors appeared undeterred by the technology behemoth closing stores in New York City to shoppers following a surge in COVID-19 cases. The stock ran up 2.3% on Monday to its 24 record close of the year, and has climbed […]
