Latest Market News

May 18
WTI Wave Analysis – 18 May, 2022

• WTI reversed from resistance area• Likely to fall to support level 105.00 WTI crude oil recently reversed down from the resistance area located between the key resistance level 110.00 (which has been reversing the price from April) and the upper daily Bollinger Band. This resistance zone near was further strengthened by 50% Fibonacci correction […]

May 18
Morgan Stanley increases ownership stake in AdvisorShares Pure US Cannabis ETF

Morgan Stanley MS, -2.97% increased its position in the AdvisorShares Pure US Cannabis ETF MSOS, -3.79% by 480,168 shares during the first quarter to a total of 1.59 million shares as of March 31, according to a filing on Tuesday. With a 3.2% stake, Morgan Stanley now ranks as the third largest institutional holder of […]

May 18
Impossible Foods expands to Europe

Impossible Foods Inc., the privately-held plant-based meat company long rumored as an IPO candidate, is making its European debut in the United Kingdom this week with the launch of Impossible Chicken Nuggets and Impossible Sausage Patties. Impossible Chicken Nuggets first launched in the U.S. late last year. The expansion comes as rival Beyond Meat Inc. […]

May 18
Update of the information about supplementary pensions

The FSMA website (available in French or Dutch only) and the FAQs (available in French or Dutch only) about supplementary pensions state a number of amounts that are set by the social legislation on supplementary pensions. These amounts have been updated. Source: FSMA

May 18
Rainbow Saver Anglia Credit Union Limited enters administration

Rainbow Saver Anglia Credit Union Limited was placed into administration on 18 May 2022 and has now stopped trading. James Sleight and Peter Hart of PKF Geoffrey Martin & Co Limited have been appointed as joint administrators.  Rainbow Saver Anglia Credit Union Limited is a financial co-operative owned by its members. It is regulated by […]

May 18
Target’s stock plunge casts a pall on retail sector

The historic selloff in Target Corp’s stock TGT, -24.36% is casting a pall on the retail sector, as shares of 90 of the S&P 500’s SPX, -2.85% 92 consumer discretionary and staples companies are trading lower. Target’s stock was the weakest of the bunch, tumbling 24.7% toward an 18-month low, as well as the biggest […]