Latest Market News

Feb 20
OMCMarkets

The Financial Services and Markets Authority (FSMA) warns the public against the activities of OMCMarkets, a company that offers investment services without complying with Belgian financial legislation. OMCMarkets is not allowed to provide banking and/or investment services in or from Belgium. Furthermore, the FSMA reminds the public that since 18 August 2016, no investment firm […]

Feb 20
Littinvest

The Financial Services and Markets Authority (FSMA) warns the public against the activities of Littinvest, a company that offers investment services without complying with Belgian financial legislation. Littinvest is not allowed to provide banking and/or investment services in or from Belgium. Furthermore, the FSMA reminds the public that since 18 August 2016, no investment firm […]

Feb 20
Online trading platforms are making new victims in Belgium

The Financial Services and Markets Authority (FSMA) warns the public against the activities of new actors offering unlawfully binary options, forex products and/or CFDs on the Belgian market. Any company wishing to offer investment products, whether or not via an online trading platform, must hold an authorization. Furthermore, since 18 August 2016, no investment firm […]

Feb 20
Outback parent Bloomin' Brands beats earnings expectations, reinstates dividend and authorizes $125 million share buyback program

Bloomin’ Brands Inc. BLMN, +7.56% stock jumped nearly 6% in Friday premarket trading after the Outback parent reported fourth-quarter profit and sales that beat expectations and reinstated its dividend. Net income totaled $60.7 million, or 59 cents per share, after a loss of $14.2 million, or 16 cents per share, last year. Adjusted EPS of […]

Feb 19
Cronos Group net income falls, launches cost-cutting measures

Cronos Group CRON, -6.86% CRON, -6.07% said Friday its third-quarter net income fell to $55.1 million, or 21 cents a share, from $95.2 million, or 18 cents a share, in the year-ago period. The latest quarter includes a $132.9 million gain on revaluation of derivative liabilities. Third-quarter net revenue at the cannabis company rose by […]

Feb 19
Hibbett stock sinks after profit and sales warning

Hibbett Inc. HIBB, -4.66% shares sank 11.4% in Friday premarket trading after the athletic retailer gave a fourth-quarter update that warned of a sales and profit miss. Sales for the quarter ending Jan. 29 are expected to be $383.3 million, up from $376.8 million. Comparable sales fell 1%. And net income is expected to be […]