Day: December 29, 2021
Shares of Alaska Air Group Inc. ALK, +0.53% fell 0.8% in premarket trading Wednesday, after the air carrier said overnight that it will cut departures from Seattle by about 20%, as it continues to be feel the impact of severe winter weather and staffing shortages related to COVID-19. The company said decision to cut capacity, […]
Shares of Victoria’s Secret & Co. VSCO, -0.25% rallied 7.0% in premarket trading Wednesday, after the underwear and apparel seller announced a $250 million accelerated share repurchase (ASR) agreement. Based on Tuesday’s stock closing price of $48.58, the ASR could represent 5.15 million shares, or about 5.8% of the shares outstanding. Separately, the company affirmed […]
Shares of FuelCell Energy Inc. FCEL, -6.83% sank 5.1% toward 13-month low in premarket trading Wednesday, after the fuel cell technology company reported a wider-than-expected fiscal fourth-quarter loss as revenue surprisingly declined. The net loss for the quarter to Oct. 31 was $24.98 million, or 7 cents a share, after a loss of $19.66 million, […]
Shares of NRx Pharmaceuticals Inc. NRXP, -4.66% soared 17.8% in premarket trading Wednesday, after the drug development company said it filed a new Breakthrough Therapy Designation (BTD) with the U.S. Food and Drug Administration for Zyesami in patients at immediate risk of death from COVID-19, despite treatment with Remdesivir. The FDA had previously declined Emergency […]
On 28 December 2021, BaFin imposed an administrative fine amounting to 8.66 million euros on Deutsche Bank AG. The sanction related to a breach of Article 16 (2) (a) of the European Benchmarks Regulation (Regulation (EU) 2016/1011). As a supervised contributor, Deutsche Bank AG at times did not have in place effective preventive systems, controls […]
The global tally for COVID-19 rose to 282.9 million as of Wednesday morning and the death toll climbed to 5.42 million, according to data aggregated by Johns Hopkins University. The U.S. leads the world with a total COVID-19 case count of 53.2 million and death toll of 820,929. In the U.S., the seven-day average of […]
Oramed Pharmaceuticals Inc. ORMP, -11.40% said Wednesday its Oravax Medical subsidiary has signed an agreement with Vietnam-based Tan Thanh Holdings Investment Joint Stock Co. to pre-purchase 10 million doses of Oravax’s oral COVID-19 vaccines in development. The drug maker’s stock slipped 0.1% in premarket trading. The agreement is comprised of undisclosed milestone payments, and the […]
Nov. 9, 2020 The SEC’s Office of Investor Education and Advocacy is issuing this Investor Bulletin to help educate investors about investing in fractional shares. What are Fractional Shares? A fractional share is when you own less than one full share of a stock or other security. Why Invest in Fractional Shares? Fractional shares are […]
Oct. 5, 2020 The SEC’s Office of Investor Education and Advocacy, the Commodity Futures Trading Commission (CFTC), the Financial Industry Regulatory Authority (FINRA), the National Futures Association (NFA), and the North American Securities Administrators Association (NASAA) are issuing this Investor Bulletin to highlight key messages from World Investor Week 2020, a global campaign to raise […]
Sept. 29, 2020 After a natural disaster strikes, fraudsters may try to take advantage of individuals who want to help fund recovery efforts or who receive lump sum insurance payouts. Fraudsters may use recent natural disasters, including Hurricane Laura, Hurricane Sally, and the wildfires on the West Coast, to lure victims into investment scams. These […]
