Latest Market News
• GBPCAD reversed from support zone• Likely to rise to resistance level 1.6500 GBPCAD currency pair recently reversed up sharply from the support area located between the key support level 1.5910 (which has been reversing the pair from the end of 2016) and the lower weekly Bollinger Band. The upward reversal from this support area […]
On 12 April 2022, BaFin imposed an administrative fine amounting to 11,000 euros on a natural person due to a breach of Article 19(1) of the Market Abuse Regulation (MAR). An appeal may be lodged against the administrative fine order. Update (12.05.2022): The administrative fine order is final and binding. Source: BAFIN
The month of April has been a forgettable one for equities and cryptocurrency investors. Bitcoin (BTC) plummeted 17% in April to record its worst ever performance in the month of April. Similarly, the Nasdaq Composite plunged 13.3% in April, its worst monthly performance since October 2008. However, a major positive for crypto investors is that […]
Phillips 66 PSX, -0.52% said Friday it’s re-starting its $2.5 billion share buyback program after suspending it in March 2020 to preserve liquidity. Under the plan, the company may repurchase its outstanding shares of common stock from time to time in open market or privately negotiated transactions. Repurchases will be at management’s discretion and subject […]
Colgate-Palmolive Co. shares CL, -5.13% slid 4% premarket Friday, after profit fell in the first quarter and company warned of continued pressure from inflation and geopolitical concerns. The consumer goods giant posted net income of $559 million, or 66 cents a share, for the quarter, down from $681 million, or 80 cents a share, in […]
Charter Communications Inc. CHTR, -7.15% exceeded profit expectations for its first quarter while pointing to growth in residential and mobile revenue. Charter posted net income of $1.2 billion, or $6.90 a share, up from $807 million, or $4.11 a share, in the year-prior quarter. The FactSet consensus was for $6.54 per share in earnings. Revenue […]