Two Former Goldman Sachs Execs Guilty of 1MDB Investment Fraud
According to the New York Times, two former Goldman Sachs (NYSE:GS) executives have been banned from working in the banking industry for their role in an illegal multibillion-dollar scheme involving a Malaysian government investment fund. …
Members Exchange Looking to Compete Against the NYSE and Nasdaq
The New York Stock Exchange and Nasdaq are about to get some stiff competition. Yesterday, a consortium of high-profile US banks, market movers, and brokerages announced plans to start their own trading venue. According to …
Dow Jones Mulls Over Fragile Recovery
The Dow Jones seems to be attempting a fragile recovery today after yesterday’s crash which saw it experience its steepest drop in over six years. At its worst, it was down 1,500 points and ended …
Dow Jones Plunge: 1,500 Point Freefall Shocks Market
It’s been a wild afternoon for investors today as market-wide panic sell-offs have prompted a Dow Jones plunge of 1,175 points by closing time – the time of writing. It comes after a peak plunge …
The Crypto Co. Has Trading Temporarily Suspended By SEC
The Crypto Co. (OTC:CRCW) has had its trading temporarily suspended by the Securities and Exchange Commission (SEC) due to what the SEC considers to be “potentially manipulative” stock transactions.
The Crypto Co. is …
PowerShares NASDAQ Internet Portfolio Sees Big Outflow
While looking at the ETFs in weekly shares, one can tell that PowerShares NASDAQ Internet Portfolio (NASDAQ:PNQI) is seeing an approximate $16.7 million dollar outflow- a 3.4% decrease week over week.
Among the …
Blockchain Helps Companies Raise their Stock
Companies that get involved in blockchain see increases in stock. We see this happening all over the place, but why? First, let’s take a look at some of the companies seeing this stock increase, then …
The Dow Jones Industrial Average Just Hit the 23,000 Mark for First Time
On Tuesday, the Dow Jones industrial average surpassed the 23,000 mark for the first time ever. This is significant news as it comes just two and a half months after it breached the 22,000 milestone. …
Shares of GAIN Capital Holdings are Falling Today and This is Why
On August 16, after the market closed, GAIN Capital (NYSE:$GCAP) announced that it plans to offer $80 million of 5.00% convertible senior notes. With this, purchasers have the option to buy an additional $12 million …
The Dow Jones Industrial Average Hits Record-Breaking 22,000 For the First Time in History
The Dow Jones Industrial Average (INDEXDJX:$.DJI) went above 22,000 for the first time ever on August 2, 2017 during early trading. The news made headlines everywhere, as investors and traders alike celebrated the milestone. The …