Category: Uncategorized

Dec 30
Press release on the reopening of trading in Choice NV

ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 78 OF THE LAW OF 21 NOVEMBER 2017 Trading in the financial instruments of CHOICE, ISIN BE0974370026 on Euronext Brussels will re-open on 08/11/2021 at 11:30 CET. Source: FSMA

Dec 30
Press release on the reopening of trading in MDXHealth

ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 78 OF THE LAW OF 21 NOVEMBER 2017 Trading in the financial instruments of MDXHealth, ISIN BE0003844611, on Euronext Brussels will re-open on 04/11/2021 at 15:30 CET. Source: FSMA

Dec 30
New year delivers fairer home and motor insurance renewals

From 1 January insurers will be banned from quoting customers a higher price for renewing their home or motor insurance than they would pay if they were a new customer. The new rules brought in by the FCA are expected to save consumers £4.2bn over the next 10 years. The FCA’s reforms follow a review […]

Dec 30
Press release on the suspension of trading in MDX Health

ANNOUNCEMENT BY THE FINANCIAL SERVICES AND MARKETS AUTHORITY, PUBLISHED IN APPLICATION OF ARTICLE 78 OF THE LAW OF 21 NOVEMBER 2017 Trading in the financial instruments of MDX Health, ISIN BE0003844611, on Euronext Brussels is suspended on the request of the company from 04/11/2021 at 09:00 CET until the publication of a press release.   […]

Dec 30
Update for firms on PRIIPs RTS Article 18 and related rules

As part of the Financial Services Act 2021, Parliament legislated to extend the Undertakings for the Collective Investment in Transferable Securities (UCITS) exemption in The Packaged Retail and Insurance-based Investment Products (PRIIPs) Regulation (as enacted in retained EU law) by 5 years – from 31 December 2021 to 31 December 2026. This extension means that […]

Dec 29
Dow closes at record high in its longest rally since March, S&P 500 ends at fresh peak

The Dow Jones Industrial Average closed at a record high Wednesday, as investors pushed the blue-chip-stocks index to a sixth straight day of gains for its longest winning streak since March. The Dow DJIA, +0.25% closed around 0.3% higher in a day of mixed trade that saw the S&P 500 index SPX, +0.14% rise about […]

Dec 29
U.S. oil posts longest streak of gains since February after big weekly U.S. inventory drawdown

Crude oil futures finished solidly higher Wednesday after data showed a big drop in U.S. crude inventories, pointing to more robust demand despite the threat of the omicron variant of COVID disrupting some business activity and holiday travel. West Texas Intermediate crude for February delivery CLG22, +0.80% CL00, +0.80% CL.1, +0.80% was trading 58 cents, […]

Dec 29
Biogen stock surges after report of talks to be bought by Samsung in a deal that could be valued at more than $40 billion

Shares of Biogen Inc. BIIB, +9.26% shot up 8.9% in afternoon trading Wednesday, after the Korea Economic Daily reported that the U.S.-based drug maker is in talks to be acquired by South Korea-based conglomerate Samsung Group in a deal that could value Biogen at roughly $42 billion. That would represent an 11% premium to Biogen’s […]

Dec 29
Gold ends lower Wednesday but intraday rally shrinks loss

Gold futures closed lower Wednesday, but the precious commodity finished above a psychological significantly level, after steeper losses dragged it below $1,800, a level it has struggled to hold above since November. February gold GCG22, -0.31% GC00, -0.31% lost $5.10, or 0.3%, to settle at $1,805.80 an ounce, but had fallen to an intraday low […]

Dec 29
Western Digital's stock surges to pace the S&P 500's winners after rival Samsung has to 'adjust' operations due to COVID

Shares of Western Digital Corp. WDC, +5.82% shot up 5.6% in afternoon trading Wednesday toward a sixth-straight gain, enough to make the data storage company’s stock the biggest gainer among S&P 500 SPX, +0.13% components. Benchmark analyst Mark Miller said he believes the rally is being driven by South Korea-based rival Samsung Electronics Co. Ltd.’s […]