News

Sep 12
Japanese Candlesticks Analysis 12.09.2022 (EURUSD, USDJPY, EURGBP)

EURUSD, “Euro vs US Dollar” On H4, at the resistance level, the pair has formed a Harami reversal pattern. For now, going by the pattern the pair might end up in a descending impulse. The goal of the correction might be 0.9990. However, the price might grow to 1.0140, bounce off it, and then continue […]

Sep 12
Fireblocks records $100M+ revenue in subscriptions amid bear market

As a software-as-a-service provider, Fireblocks witnessed overwhelming interest in decentralized finance, blockchain and Web3 technologies. 1939 Total views 23 Total shares Fireblocks, a New York-based blockchain security service provider, made over $100 million in annual recurring revenue (ARR) this year, confirming the rising interest in the crypto ecosystem that contradicts negative investor sentiments. ARR relates […]

Sep 12
Land’s End hires American Eagle exec to be CEO

Lands’ End Inc. LE, +6.29% on Monday named Andrew McLean as CEO-designate to succeed Jerome Griffith, who will retire as CEO on Jan. 27 and become executive vice chair of the company’s board. McLean, who is president, international of American Eagle Outfitters Inc. AEO, +5.57%, will join Lands’ End on Nov. 1. Griffith will remain […]

Sep 12
U.S. IPO market braces for biggest deal of the year in AIG unit Corebridge Financial’s $1.8 billion offering

The U.S. initial public offering market is bracing for what’s expected to be the biggest deal of the year so far, that of the spin-off of AIG’s AIG, +1.31% life insurance unit Corebridge Financial CRBG, , which is aiming to raise $1.8 billion. “At the expected deal size it’ll represent over a quarter of all […]

Sep 12
Cable One stock downgraded as Wells Fargo sees various pressures on cable industry

Wells Fargo analyst Steven Cahall downgraded shares of Cable One Inc. CABO, +2.10% to equal-weight from overweight Monday, warning of the spending trajectory ahead for the broader cable universe. “While we think CABO has the strongest/best network-nearly 70% fiber by mileage-it’s also well known that incremental competition is coming to all areas, including rural,” Cahall […]

Sep 12
JPMorgan Chase buys cloud payments company Renovite Technologies

JPMorgan Chase & Co. JPM, +0.48% said Monday it’s paying an undisclosed sum to acquire Renovite Technologies Inc., a privately-held cloud payments technology company based in Fremont, Calif. and founded in 2015. Renovite Technologies has been a service provider to JPMorgan since 2021. Max Neukirchen, global head of payments and Commerce Solutions at JPMorgan, said […]