Day: February 12, 2022

Feb 12
Goodyear Tire stock jumps after profit rises well above expectations

Shares of Goodyear Tire & Rubber Co. GT, -27.44% jumped 4.0% in premarket trading Friday, after the tire maker reported fourth-quarter profit that rose well above expectations as revenue growth to a near 10-year high and higher selling prices helped offset inflationary cost pressures. Net income increased to $553 million, or $1.93 a share, from […]

Feb 12
Goldman Sachs Asset Management selling Financeit to Wafra for undisclosed sum

Financeit Canada Inc. said Friday it agreed to be acquired by private equity firm Wafra Capital Partners Inc. for an undisclosed sum from seller Goldman Sachs Asset Management, a unit of Goldman Sachs Group Inc. GS, -2.03%. The deal comes after Financeit added more than 1,100 new merchant partners, processed 115,000 loan applications, and funded […]

Feb 12
Gold In A Wait-and-See Stance as Demand For Inflation Protection Grows

Gold prices were flat on Friday, slipping from a two-week peak reached on Thursday as expectations for a more aggressive Fed rate hike following a spike in US consumer prices firmed.The dollar index strengthened after data showed that US consumer prices rose significantly in January, posting the biggest annual gain in 40 years.The St. Louis […]

Feb 12
Gilead says in-vitro study shows its COVID-19 drug Veklury is active against omicron

Shares of Gilead Sciences Inc. GILD, +0.45% gained 0.6% in premarket trading on Friday after the company said Veklury, its COVID-19 drug, demonstrated in-vitro activity against omicron and 9 other variants. The research, which was announced in a news release on Friday morning, was published Thursday as a preprint. Gilead said the study has also […]

Feb 12
Roundtable of the EC on the review of the EU benchmark regulation

The Chairman of the FSMA, Jean-Paul Servais, was invited by the European Commission to speak at a panel discussion organized as part of a roundtable on the review of the Benchmark Regulation (BMR). The subject of the discussion was the IBOR review and the extent to which the framework created for the BMR gives supervisory […]

Feb 12
Speech on financial education

The Chairman of the FSMA, Mr Jean-Paul Servais, gave a speech at the Investment Management Forum organized by EFAMA (European Fund and Asset Management Association). During his remarks, the Chairman stressed the importance of financial education. He also outlined the initiatives that the FSMA has already taken via its financial education programme, Wikifin, and in […]

Feb 12
Approval of the modified market rules of the regulated markets organized by Euronext NV/SA

The Financial Services and Markets Authority (FSMA) hereby announces that the modified market rules of the regulated markets organized by Euronext NV/SA (namely Euronext Brussels and the Euronext Brussels Derivative Instruments Market) were approved on 19 November 2019 in accordance with Article 34, § 1 of the Law of 21 November 2017 on the market […]

Feb 12
The second-pillar pension in images – sectoral overview 2019

This press release is not available in English, please consult the French or Dutch site. Source: FSMA

Feb 12
Press release on the reopening of trading in ASIT biotech

ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 78 OF THE LAW OF 21 NOVEMBER 2017 Trading in the financial instruments of ASIT biotech, ISIN BE0974289218 on Euronext Brussels will re-open on 25/11/2019 at 09:00 CET. Source: FSMA

Feb 12
Agreed settlement – CVBA N Allo

This press release is not available in English. Please consult the French or Dutch site. Source: FSMA