Latest Market News

Mar 30
FCA fines GAM International Management and former Investment Director Timothy Haywood

The Financial Conduct Authority (FCA) has fined asset manager GAM International Management Limited (GIML) £9,103,523 for failing to conduct its business with due care and attention and failing to adequately manage conflicts of interest. The FCA has also fined Timothy Haywood, a former Investment Director and Business Unit Head at GIML, £230,037. GIML failed to […]

Mar 30
Terra smash buys $139M Bitcoin, wallet reaches 31,000 BTC

The Bitcoin wallet belonging to Terra amassed a further $139,000,000 in Bitcoin, bringing its total coffers up to 31,000 BTC or $1.47 billion. 848 Total views 20 Total shares Watch out Michael Saylor! Do Kwon, the CEO of Terraform Labs is hot on the Microstrategy CEO’s heels. The Terra wallet has now amassed almost $1.5 […]

Mar 30
Paychex stock jumps toward 3-month high after profit and revenue beats, raised outlook

Shares of Paychex Inc. PAYX, +2.05% surged 1.9% toward a three-month high in premarket trading Wednesday, after the human resources outsourcing services company reported fiscal third-quarter profit and revenue that rose above expectations, and boosted its full-year growth outlook, as record new sales revenue was coupled with high levels of client retention. Net income for […]

Mar 30
Victim of an investment scam? Beware of recovery room fraud

Victims of investment fraud run the risk of being swindled a second time via fake crypto trading platforms. The Financial Services and Markets Authority (FSMA) warns the public against these platforms. Every victim of investment fraud runs the risk of being contacted once again by fraudsters, who falsely offer to recover the lost funds. This […]

Mar 30
Alfacam

ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 34, § 2, PARAGRAPH 3, OF THE LAW OF 2 AUGUST 2002 Trading in Alfacam, ISIN code BE0003868859 on Euronext Brussels will re-open on  04/02/2013 at 09:00am.   Source: FSMA

Mar 30
Euronav

ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 34, § 2, PARAGRAPH 3, OF THE LAW OF 2 AUGUST 2002 Trading in financial instrument EURONAV (ISIN code BE0003816338) on Euronext Brussels is suspended from 9:00 A.M. on Februari 1, 2013 pending the offer to exchange convertible bonds.   Source: FSMA