Latest Market News

May 12
Payoneer stock surges after company beats on earnings, raises forecast

Shares of Payoneer Global Inc. PAYO, +4.35% were up 15% in after-hours trading Thursday after the financial technology company, which helps enable payments across borders, topped expectations with its latest results and upped its full-year forecast. The company logged net income of $20.2 million, or 6 cents a share, whereas it posted a net loss […]

May 12
Canadian securities regulators announce boards of new SRO and IPF and seek comment on draft documents

Vancouver and Toronto – The Canadian Securities Administrators (CSA) today announced the proposed board members of the new self-regulatory organization (SRO) and investor protection fund (IPF), and the publication for comment of several documents necessary to launch the new SRO and IPF.  “Today’s announcement of the new boards and publication of draft documents marks a major […]

May 12
Multilateral CSA Notice of Publication Amendments to National Instrument 94-102 Derivatives: Customer Clearing and Protection of Customer Collateral and Positions

Regulated Industries FCNB is responsible for the regulation and enforcement of securities, insurance, pensions, credit unions, trust and loan companies, co-operatives, mortgage brokers, pay day lenders, real estate and a wider range of other consumer legislation. We regulate 36,000 industry participants who make their living working with New Brunswickers’ money. These industry participants handle more […]

May 12
Breaking: Terra blockchain officially halted following LUNA price collapse

Validators decided to halt chain operations on Thursday in anticipation of governance attacks as the LUNA token plunged over 99%. 13677 Total views 43 Total shares Validators for the Terra blockchain have decided to officially halt network activity on Thursday in a move designed to prevent governance attacks following the severe devaluation of the network’s […]

May 12
Biden administration unveils actions to address baby-formula shortage

The Biden administration on Thursday rolled out measures to address an ongoing U.S. baby-formula shortage, with the steps including one aimed at WIC, which is the federal government’s Special Supplemental Nutrition Program for Women, Infants and Children. The administration is “urging states to allow WIC recipients to use their WIC benefits on a wider variety […]

May 12
Drägerwerk AG & Co. KGaA: BaFin imposes administrative fine

On 27 April 2022, BaFin imposed an administrative fine amounting to 115,000 euros on Drägerwerk AG & Co. KGaA. The sanction related to a breach of the first subparagraph of Article 17 (1) of the Market Abuse Regulation (MAR). Drägerwerk AG & Co. KGaA failed to publish inside information without undue delay. The company may […]