Latest Market News

Aug 10
Moody’s lowered to hold at Deutsche Bank as analysts see less upside

Moody’s MCO, -0.74% was downgraded to hold from buy at Deutsche Bank as part of a broader look at information services companies after earnings season. The broker left its price target on Moody’s unchanged, but said its price target represents a 60% premium to market multiples, while historically Moody’s trades at a 30% premium. Moody’s […]

Aug 10
Iran makes $10M import with crypto, plans ‘widespread’ use by end of Sept

Prolonged economic sanctions against the Islamic state have forced Iran to start using crypto as a medium of exchange for international trade deals. 1392 Total views 28 Total shares Struggling through decades of economic sanctions, Iran has placed its first international import order using $10 million worth of cryptocurrency, according to a senior government trade […]

Aug 10
Occidental Petroleum stock surges after Warren Buffett’s Berkshire Hathaway boosts stake by $390 million

Shares of Occidental Petroleum Corp. OXY, +3.95% rallied 3.6% in afternoon trading Tuesday, enough to pace the S&P 500’s SPX, -0.42% energy sector gainers, after the oil and natural gas company disclosed that Warren Buffett’s Berkshire Hathaway Inc. BRK.B, +0.15% boosted its stake in Occidental to more than 20%. Occidental disclosed in a late-Monday filing […]

Aug 10
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 10
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 10
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 […]