Day: February 13, 2022

Feb 13
Cryptocurrency fraud: the FSMA updates its list of suspicious sites

During the last weeks, the FSMA continued to receive new complaints from consumers who had responded to fraudulent offers of investment in cryptocurrencies. The cryptocurrency fraud continues making victims in Belgium. Hence, the FSMA repeats its warning against the fraudsters who are using cryptocurrencies to swindle consumers. The FSMA has also updated its list of […]

Feb 13
Bitcoin network hash rate explodes to a new all-time high of 248.11 EH/s

The network hash rate jumped 31.69% — from 188.40 EH/s to 248.11 EH/s — in just one day, further ensuring resilience against attacks on the Bitcoin network. 1005 Total views 32 Total shares The Bitcoin (BTC) network has recorded a new hash rate all-time high of 248.11M TH/s as of Feb. 12, 2022, further securing […]

Feb 13
Newell Brands' stock jumps after profit and revenue beat expectations, while gross margin fell

Shares of Newell Brands Inc. NWL, +11.07% surged 3.3% in premarket trading Friday, after the consumer good company, with brands including Rubbermaid, Sharpie, Elmer’s and Mr. Coffee, reported fourth-quarter profit and revenue that beat expectations, while providing a mixed outlook for the current quarter and the full year. Net income fell $96 million, or 22 […]

Feb 13
Under Armour earnings beat expectations, shifts fiscal year

Under Armour Inc. UA, -11.37% UAA, -12.49% reported fourth-quarter net income of $109.7 million, or 23 cents per share, down from $184.5 million, or 40 cents per share, last year. Adjusted EPS of 14 cents beat the FactSet consensus for 6 cents. Revenue of $1.529 billion was up from $1.404 billion and ahead of the […]

Feb 13
Cantor Fitzgerald cuts price target on Aurora Cannabis

Cantor Fitzgerald analyst Pablo Zuanic on Friday reiterated a neutral rating on Aurora Cannabis ACB, -2.18% ACB, -1.88% and cut his 12-month price target to C$7.60 from C$10.75 due to reduced sales estimates. The company said it expects to reach positive Ebitda by the first half of fiscal year 2023, but Zuanic said the company […]

Feb 13
Zillow to cut workforce 25% in 2022, after growing by more than 45% last year

Zillow Group Inc. Z, +13.55% ZG, +12.66% said it expects to cut its workforce by 25% this year, as a result of the previously announced wind down of Zillow Offers operations, but that followed a more than 45% jump in its workforce in 2021. In the real estate information company’s 10-K annual report filed late […]

Feb 13
Press release on the suspension 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 is suspended on the request of the company from 22/11/2019 at 09:00 CET until the publication of a press release. Source: […]

Feb 13
Compliance Day 2019

Compliance Day was held this week. The day was organized by the Compliance.be Forum. Compliance Day is an annual conference that focuses on current topics of importance to compliance officers in Belgium. In the course of the day, several representatives of the FSMA gave presentations to the more than 150 compliance officers in attendance. They […]

Feb 13
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 15/11/2019 at 11:30 CET.   Source: FSMA

Feb 13
Press release on the suspension 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 is suspended on the request of the company from 14/11/2019 at 10:10 CET until the publication of a press release concerning […]