Cronos Group CRON, -6.86% CRON, -6.07% said Friday its third-quarter net income fell to $55.1 million, or 21 cents a share, from $95.2 million, or 18 cents a share, in the year-ago period. The latest quarter includes a $132.9 million gain on revaluation of derivative liabilities. Third-quarter net revenue at the cannabis company rose by […]
Hibbett Inc. HIBB, -4.66% shares sank 11.4% in Friday premarket trading after the athletic retailer gave a fourth-quarter update that warned of a sales and profit miss. Sales for the quarter ending Jan. 29 are expected to be $383.3 million, up from $376.8 million. Comparable sales fell 1%. And net income is expected to be […]
Olympic Steel Inc. ZEUS, +2.75% said on Friday that it boosted its dividend by more than four-fold, following a year of “record profitability” in 2021. The steel maker’s stock was still inactive in the premarket. The new dividend of 9 cents a share is up from 2 cents a share, and will be payable March […]
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 25 September 2018 in accordance with Article 34, § 1 of the Law of 21 November 2017 on the market […]
The Financial Services and Markets Authority (FSMA) warns the public against the activities of the website named www.molineaux-investment.com, which offers investment services without complying with Belgian financial legislation. The persons operating the website named www.molineaux-investment.com are not authorized to provide investment services in or from Belgium. Moreover, the offer made via that website shows numerous […]
This Communication (available in Dutch or French only) provides explanations on several questions in the AML Survey (questionnaire on the prevention of money laundering and of terrorist financing) for the use of certain companies under the supervision of the FSMA. Source: FSMA
The 44th annual meeting of IOSCO, the International Organization of Securities Commissions, was held in Sydney, Australia, on 13, 14 and 15 May. The members of IOSCO discussed the next steps needed in order to accomplish its 2019 workplan. The workplan includes topics such as the sale of crypto-assets to consumers, the digitalization of the […]
National Bank of Greece (NBG) has informed EMMI of its intention to withdraw from the Euribor panel. The FSMA does not object to this decision. In accordance with the European Benchmark Regulation[1] (BMR), the FSMA is the supervisory authority of the European Money Markets Institute (EMMI), the Brussels-based entity that administers the Euribor benchmark. Euribor was […]
A new section has been published in the FAQs on supplementary pensions. Employers can find answers here to questions that arise in practice. The new section focuses on the management of the supplementary pension plan by a pension institution (Dutch – French). Source: FSMA
The Financial Services and Markets Authority (FSMA) warns the public against the activities of SSS Services, a company that offers investment services without complying with Belgian financial legislation. SSS Services is not allowed to provide banking and/or investment services in or from Belgium. Furthermore, the FSMA reminds the public that since 18 August 2016, no […]