Latest Market News
The Financial Services and Markets Authority (FSMA) has examined the key information documents made available to Belgian retail clients who buy insurance-based investment products or structured products. The aim was to determine whether these documents are of sufficiently high quality to enable clients to understand clearly the features of these products. As a result of […]
On 31 December 2021 Ounapuu Ltd, formerly trading as Ferratum UK, was placed into a Creditors’ Voluntary Liquidation. Paul Boyle, David Clements and Anthony Murphy of Harrisons Business Recovery & Insolvency (London) Limited were appointed as Joint Liquidators. The firm’s name was changed from Ferratum UK Limited to Ounapuu Ltd on 4 November 2021. Ounapuu […]
A little more than half of all Belgian public funds consist of sustainable assets or invest sustainably. These are the findings of a study conducted by the FSMA on the occasion of the introduction of the Sustainable Finance Disclosure Regulation (SFDR). The European Regulation on sustainability-related disclosures in the financial services sector, better known as […]
Stocks struggled for direction early Friday, opening near unchanged after a mixed jobs report that saw nonfarm payrolls rise by a much weaker-than-expected 199,000 in December. The Dow Jones Industrial Average DJIA, -0.17% fell 78 points, or 0.2%, to 36,158, while the S&P 500 SPX, -0.47% was down 0.1% at 4,693. The Nasdaq Composite COMP, […]
CinCor Pharma Inc. CINC, is set to go public on the Nasdaq Friday, after the Massachusetts-based biopharmaceutical company’s upsized initial public offering priced overnight at $16 a share, in the middle of the expected range of between $15 and $17 a share. The company raised $193.6 million as it sold 12.1 million shares in the […]
Acuity Brands Inc. AYI, -1.11% reported Friday fiscal first-quarter profit and sales that rose above expectations, as lighting and lighting controls sales showed strength despite supply chain challenges. The stock was still inactive in premarket trading. Net income grew to $87.6 million, or $2.46 a share, from $59.6 million, or $1.57 a share, in the […]