Latest Market News

Apr 27
Stifel shares rise on stronger-than-expected profit

Stifel Financial Corp. SF, +4.14% shares rose 3.2% on Wednesday after the company said its first-quarter earnings fell slightly to $164.23 million, or $1.39 a share, from $164.73 million, or $1.40 a share, in the year-ago period. Adjusted earnings at the investment banking and brokerage company edged down to $1.49 a share from $1.50 a […]

Apr 27
CFTC Charges Archegos Capital Management and Three Employees with Scheme to Defraud Resulting in Swap Counterparty Losses Over $10 Billion

Washington, D.C. — The Commodity Futures Trading Commission today announced it has filed a complaint in the U.S. District Court for the Southern District of New York against Archegos Capital Management, LP (Archegos) and its Chief Financial Officer, Patrick Halligan, of Syosset, New York, charging them with fraud. The CFTC also issued two orders simultaneously […]

Apr 27
Gibraltar rolls out new virtual asset regulation to combat market abuse

The document will require crypto companies to seek and prevent insider trading and market manipulation. 827 Total views 39 Total shares The British overseas territory of Gibraltar introduced a new regulatory package for distributed ledger technology (DLT) service providers. The document elaborates on the responsibilities of crypto businesses in regards to threats of market manipulation […]

Apr 27
W.W. Grainger boosts dividend by more than 6%, but the implied yield stays below the S&P 500

Shares of W.W. Grainger Inc. GWW, +1.59% rallied 1.9% in morning trading Wednesday, after the supplier of maintenance, repair and operating products said it was raising its dividend by 6.2%. The company’s new quarterly dividend of $1.72 a share, up from $1.62 a share, will be payable June 1 to shareholders of record on May […]

Apr 27
The cryptocurrency market digest (BTC, ETH, DOGE). Overview for 27.04.2022

The BTC is having tough times right now. On Wednesday, the major cryptocurrency is trading at $38,945 and trying to recover after plummeting the day before. Despite the local correction, bears are still dominating. The technical picture tells us to continue monitoring $37,000 – bears will concentrate all forces on breaking it. The chances for […]

Apr 27
New lows in EURUSD. Overview for 27.04.2022

EURUSD continues falling and reaching new lows.  The major currency pair hit another bottom. The current quote for the instrument is 1.0619. The Durable Goods Orders report from the US was below expectations but still quite positive – the indicator added 0.8% mm in March against the expected reading of 1.0% m/m. In February, it […]