Latest Market News
The adoption of sanctions places legally binding obligations on all individuals and entities The Central Bank is sharing information with business representatives regarding individual and firm-level obligations Sanctions breaches must be reported to An Garda Siochana Against the backdrop of Russia’s invasion of Ukraine and the introduction of EU Regulations relating to financial sanctions, the […]
IBAN discrimination is an issue across Europe as more firms offer financial services cross border The Central Bank has contacted regulated firms and business representative bodies in Ireland to reinforce all organisations’ responsibilities under SEPA Supporting consumer choice to choose a provider with a non-Irish IBAN is important as Ulster Bank and KBC exit the […]
Jefferies analyst Owen Bennett on Friday launched research coverage of cannabis marketing technology company SpringBig Holdings Inc. SBIG, +3.59% with a buy rating and a price target of $4.50 a share. Bennett said the Boca Raton, Fla.-based company offers “compelling” growth with fiscal 2022-25 sales expected to increase at an annual rate of about 55%, […]
Shares of Bally’s Corp. BALY, +9.22% jumped 7.4% in premarket trading Friday, after the casino and entertainment company said it has launched a tender offer to repurchase it shares at prices between $19.25 and $22.00. The company had determined that the company should launch a tender offer of $190 million, “in light of recent capital […]
General Motors’ Cadillac is planning to price a future electric sedan at about $300,000, the Wall Street Journal reported Friday, citing people familiar with the matter. The car, named the Celestiq, is expected to be revealed this summer in prototype form as Cadillac’s premier offering. The pricing has not yet been disclosed. GM is planning […]
The U.S.-listed shares of Li Auto Inc. LI, +3.95% 2015, +5.90% ran up 4.5% in premarket trading Friday, after the China-based electric vehicle maker said it received more than 30,000 orders for its Li L9 sport-utility vehicle in just 72 hours since reservations became available. The company has taken in more than $22.4 million with […]