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News: Companies

In this section, we cover the latest news from companies around the world. This includes everything from the latest quarterly results to new product announcements to mergers and acquisitions, analyst rating changes, price target revisions, regulatory agency filings, license acquisitions, and much more.

Alibaba-Backed Huitongda May Delay $1 Billion Hong Kong IPO

Alibaba-Backed Huitongda May Delay $1 Billion Hong Kong IPO According to insiders familiar with the situation, Huitongda Network Co., an e-commerce platform that targets rural China, is considering delaying its scheduled Hong Kong initial public offering until next year.

Twitter CEO Jack Dorsey Warns Hyperinflation Will Soon Happen in the US and the World

Twitter CEO Jack Dorsey Warns Hyperinflation Will Soon Happen in the US and the World Jack Dorsey, the CEO of Twitter and Square, has warned that hyperinflation is on the way in the United States and across the world.

Big Tech Companies Report Earnings: What to Know This Week

Big Tech Companies Report Earnings: What to Know This Week This week, investors will be focused on earnings results, with some of the S&P 500's most heavily weighted businesses set to release their quarterly reports.

Barclays Third Quarter Profit Doubles Amid Global Merger Frenzy

Barclays Third Quarter Profit Doubles Amid Global Merger Frenzy Barclays exceeded market forecasts by tripling third-quarter earnings, as it joined Wall Street competitors in collecting bountiful investment banking fees from a spike in advising mandates and stocks trading.

Alibaba Is Having Its Best Day In 4 Years

Alibaba Is Having Its Best Day In 4 Years. Why Investors May Still Want to Be Wary Chinese technology stocks rose on Thursday, while the United States and China agreed to arrange a virtual meeting between their two presidents before the end of the year.

Kiyosaki: "Biggest Crash in World History" Hits in October

Kiyosaki: “Biggest Crash in World History” Hits in October — 3 Ways to Protect Yourself The potential default of Evergrande, China's second-largest property developer, continues to cause concern in global markets. Because of it, Robert Kiyosaki, predicts a huge crash.

Evergrande's Second-Biggest Shareholder Plans to Sell Entire Stake

Evergrande’s Second-Biggest Shareholder Plans to Sell Entire Stake Chinese Estates Holdings, the second-largest shareholder in beleaguered developer China Evergrande, announced on Thursday that it had sold a $32 million interest in the company and expects to withdraw completely.

Warren Buffett Picked the Top Stocks to Own

Warren Buffett Says These are the Top Companies to Own — You Can Buy Them Now "The best business to hold is one that can deploy significant amounts of incremental capital at extremely high rates of return over an extended period of time,” remarked Warren Buffett.

What SEC Action on Robinhood Would Mean For Citadel

What SEC Action on Robinhood Would Mean For Citadel Robinhood Markets Inc. continued to slide after U.S. SEC Chairman Gary Gensler said a full ban on payment for order flow is “on the table.”

Gopher Prepares for Final Negotiations with Playtech Regarding Finalto

Gopher Prepares for Final Negotiations with Playtech Regarding Finalto The investment firm and Playtech stakeholder went on to say that it will now collaborate with the Playtech board on its own proposal.

FXCM Wins 3 Honors at Fintech Awards 2021

FXCM Wins 3 Honors at Fintech Awards 2021 FXCM Group, LLC announced today that it has won three Ultimate Fintech Awards 2021 categories: Best Trading Platform, and Broker of the Year.

Uniswap Earned Liquidity Providers Over $1 Billion in Commissions

Uniswap Earned Liquidity Providers Over $1 Billion in Commissions Uniswap has earned more than $1 billion in commissions for liquidity providers since its debut in November 2018.

The Net Profit of Swissquote Has More Than Doubled

The Net Profit of Swissquote Has More Than Doubled Swissquote, an online bank, said in a results statement on Friday that its net profit more than doubled to 134.6 million Swiss francs ($144.0 million) in January-June from 50.4 million francs a year earlier.

FinCEN and the CFTC will get $100 Million in Fines from BitMEX

FinCEN and the CFTC will get $100 Million in Fines from BitMEX To settle a dispute with FinCEN and CFTC, a crypto derivatives exchange BitMEX has agreed to pay up to $100 million.

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FXCM is the Winner of the Best Zero Commission Broker Award for 2021 FXCM is honored to have won ADVFN's Best Zero-Commission Broker award for the year 2021. A zero-commission broker is one who does not charge a fee to facilitate trades initiated by clients.

Playtech Responds to Gopher Investments' Accusation About the Finalto Bid

Playtech Responds to Gopher Investments’ Accusation About the Finalto Bid Playtech has restated its need for further information from Gopher Investments about its bid for Playtech's finance business Finalto, after Gopher claimed to have supplied all of the information requested.

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