Day: April 27, 2022

Apr 27
City of Plymouth Credit Union Limited enters administration

City of Plymouth Credit Union (CPCU) Limited was placed into administration on Wednesday 27 April 2022 and has now stopped trading. James Sleight and Peter Hart of PKF Geoffrey Martin & Co Limited have been appointed as joint administrators by the court. City of Plymouth Credit Union is a financial co-operative owned by its members. […]

Apr 27
Stifel shares rise on stronger-than-expected profit

Stifel Financial Corp. SF, +4.14% shares rose 3.2% on Wednesday after the company said its first-quarter earnings fell slightly to $164.23 million, or $1.39 a share, from $164.73 million, or $1.40 a share, in the year-ago period. Adjusted earnings at the investment banking and brokerage company edged down to $1.49 a share from $1.50 a […]

Apr 27
CFTC Charges Archegos Capital Management and Three Employees with Scheme to Defraud Resulting in Swap Counterparty Losses Over $10 Billion

Washington, D.C. — The Commodity Futures Trading Commission today announced it has filed a complaint in the U.S. District Court for the Southern District of New York against Archegos Capital Management, LP (Archegos) and its Chief Financial Officer, Patrick Halligan, of Syosset, New York, charging them with fraud. The CFTC also issued two orders simultaneously […]

Apr 27
Gibraltar rolls out new virtual asset regulation to combat market abuse

The document will require crypto companies to seek and prevent insider trading and market manipulation. 827 Total views 39 Total shares The British overseas territory of Gibraltar introduced a new regulatory package for distributed ledger technology (DLT) service providers. The document elaborates on the responsibilities of crypto businesses in regards to threats of market manipulation […]

Apr 27
W.W. Grainger boosts dividend by more than 6%, but the implied yield stays below the S&P 500

Shares of W.W. Grainger Inc. GWW, +1.59% rallied 1.9% in morning trading Wednesday, after the supplier of maintenance, repair and operating products said it was raising its dividend by 6.2%. The company’s new quarterly dividend of $1.72 a share, up from $1.62 a share, will be payable June 1 to shareholders of record on May […]

Apr 27
The cryptocurrency market digest (BTC, ETH, DOGE). Overview for 27.04.2022

The BTC is having tough times right now. On Wednesday, the major cryptocurrency is trading at $38,945 and trying to recover after plummeting the day before. Despite the local correction, bears are still dominating. The technical picture tells us to continue monitoring $37,000 – bears will concentrate all forces on breaking it. The chances for […]

Apr 27
New lows in EURUSD. Overview for 27.04.2022

EURUSD continues falling and reaching new lows.  The major currency pair hit another bottom. The current quote for the instrument is 1.0619. The Durable Goods Orders report from the US was below expectations but still quite positive – the indicator added 0.8% mm in March against the expected reading of 1.0% m/m. In February, it […]

Apr 27
Climate change and global warming.. A Senegalese village defying drought with an agricultural project The project depends on renewable energy and environmental systems

Residents of a small village in Senegal are resisting the disasters of climate change and global warming, and the severe drought that it caused, with a project to grow vegetables and employ the population, after digging a well to provide irrigation water, using renewable energy sources, such as solar energy, and working ecosystems. The project […]

Apr 27
Silver Futures ( SI1!), H4 Potential for Bullish Bounce

Type: Bullish BounceKey Levels:Resistance: 23.870Pivot: 23.280Support: 22.875Preferred Case:Price is near to the key pivot level. We are expecting the price to potentially bounce off from our pivot level of 23.280 in line with 138.2% Fibonacci extension towards our 1st resistance level of 23.870 which is in line with 23.6% Fibonacci retracement.Alternative Scenario:Otherwise, the price might […]

Apr 27
Market Spotlight: Tesla Falls on Twitter Funding Fears

Tesla Sell Off DeepensShares in US automaker and alternative energy firm Tesla have come under heavy selling pressure this week. The company’s stock plunged by 12% yesterday over concerns relating to the company’s founder and CEO, Elon Musk, agreeing to but Twitter for $44 billion. Stockholders are reportedly concerned that, in order to finance the […]