Day: August 13, 2022

Aug 13
Olo stock plunges toward record low after disappointing results, outlook trigger analyst downgrade

Shares of Olo Inc. OLO, -36.41% plummeted 32.3% toward a record low in premarket trading Friday, after the restaurant-ordering technology company’s disappointing second-quarter results and outlook prompted Stifel Nicolaus analyst Brad Reback to cut his rating. The company reported late Thursday a net loss per share that more than tripled to 7 cents from 2 […]

Aug 13
Central Bank of Ireland Issues Warning on Unauthorised Firm – Fraudulent entity clones authorised firm Miripro Insurance Company DAC

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a fraudulent entity, Miripro Insurance Company Limited, has been operating as an insurance / reinsurance firm in the State in the absence of appropriate authorisations.  In this instance, the fraudulent entity cloned and impersonated a legitimate Central Bank authorised firm […]

Aug 13
Central Bank of Ireland Issues Warning on Unauthorised Firm – Fraudulent entity clones authorised firm ING Bank

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a fraudulent entity has been claiming to be an investment firm / investment business firm in the State in the absence of appropriate authorisation. In this instance, the fraudulent entity cloned and impersonated legitimate Central Bank authorised firms in order […]

Aug 13
Central Bank of Ireland Issues Warning on Unauthorised Firm – Northstate

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a scam entity by the name Northstate (Commonwealth of Dominica), formerly operating the website www.northstate.io, has been claiming to be an investment firm / investment business firm in the State in the absence of appropriate authorisations. A list of unauthorised […]

Aug 13
Central Bank of Ireland Issues Warning on Unauthorised Firm – Allconi Bank Administration Limited

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that Allconi Bank Administration Limited (Ireland) – https://www.allconi-bank.eu.com (no longer in operation) – has been holding itself out as a banker in the State in the absence of an appropriate authorisation. A list of unauthorised firms published to date is available […]

Aug 13
Central Bank of Ireland Issues Warning on Unauthorised Firm –   Fraudulent entity clones authorised firm Great American International Insurance (EU) DAC

It has come to the attention of the Central Bank of Ireland (‘Central Bank’) that a fraudulent entity has been operating as an insurance / reinsurance firm in the State in the absence of appropriate authorisations.  In this instance, the fraudulent entity cloned and impersonated a legitimate Central Bank authorised firm in order to deceive […]

Aug 13
Central Bank reinforces consumer protection expectations of regulated financial firms providing Direct Debit services

The Central Bank of Ireland has engaged with financial services firms to reinforce its consumer protection expectations of all regulated firms that also operate as Direct Debit originators (DDOs). This follows a review of plans submitted from the financial services firms that are amongst the top 20 DDOs in Ireland, which set out the measures they […]

Aug 13
Statement on the publication of the Central Bank (Individual Accountability Framework) Bill 2022

The Central Bank of Ireland welcomes today’s publication of the Central Bank (Individual Accountability Framework) Bill 2022. The Central Bank will continue to work with the Department of Finance throughout subsequent stages as the legislation progresses through the Oireachtas to enactment. Once the Bill has been enacted the Central Bank intends to publicly consult on […]

Aug 13
PagerDuty stock downgraded as analyst worries about ‘treacherous’ path in software

Shares of PagerDuty Inc. PD, +1.92% were falling about 1% in premarket trading Friday after Monness, Crespi, Hardt & Co. analyst Brian White downgraded the stock to neutral from buy. “The last several months have been an especially painful experience for those next-gen, software companies still young to the capital markets, and we believe the […]

Aug 13
Biden, China’s Xi could meet in person in November in Southeast Asia

Chinese officials are making plans for President Xi Jinping to visit Southeast Asia and meet face-to-face with President Joe Biden in November, according to a Wall Street Journal report citing unnamed sources. It would mark the Chinese leader’s first international trip in nearly three years and his first in-person meeting with Biden since the U.S. […]