Stock Market

Equity Investors will be able to outperform the imminent stock market crash Accredited Investors know that the best returns on investment are achieved by investing early in a companies growth cycle. 2020 will go down in history as one of the most volatile and erratic years on the stock market with historic highs and unheard-of lows. While the US and the...

Multiple Archegos Executives Charged with Misleading Counterparties Washington D.C. — The Securities and Exchange Commission has charged Sung Kook (Bill) Hwang, the owner of family office Archegos Capital Management, LP (Archegos), with orchestrating a fraudulent scheme that resulted in billions of dollars in losses. The SEC also charged Archegos’s Chief Financial Officer, Patrick Halligan; head trader, William Tomita; and Chief...

SPAC deals now are rehabbed and swapped for failed IPOs Move over, IPOs, SPACs are becoming more popular. Special-purpose acquisition companies, once a last resort for owners looking to exit an investment, have become a popular choice for private companies spooked by the swings in the regular IPO market. The volume of SPAC deals hit an all-time high in 2019. Instead of...

Fed Maintains Interest Rates, Suggests Tapering Of $120B In Monthly Asset Purchases Could Happen 'Soon' The Federal Reserve maintained its target fed funds rate range of between zero and 0.25%. The Fed also said it may soon begin tapering its monthly asset purchases “If progress continues broadly as expected, the Committee judges that a moderation in the pace of asset purchases...

Software Engineer Traded, Tipped Friend of Company’s Acquisition Plans Washington D.C. — The Securities and Exchange Commission today announced insider trading charges against David Roda, a former software engineer at Penn National Gaming’s subsidiary Penn Interactive Ventures, in connection with the parent company’s $2 billion acquisition of Toronto-based Score Media and Gaming, Inc. The SEC’s complaint, filed in federal district court...

Washington D.C. — The Securities and Exchange Commission this week proposed amendments to enhance and modernize the Investment Company Act “Names Rule” to address changes in the fund industry and compliance practices that have developed in the approximately 20 years since the rule was adopted. A fund’s name is an important marketing tool and can have a significant impact...

Wall Street has a new obsession: special purpose acquisition companies (SPACs). SPACs are an alternative to the traditional way businesses raise money known as initial public offerings (IPOs). Since January 1, 2021 SPACs have raised over $88 billion, making up 83 percent of public offerings this year and raising more money than they did in all of 2020. As investment banks and professional investors celebrate this booming...

Which Gold IRA companies offer you the best value for your dollar in 2023. If you are considering rolling over your 401K into a Gold IRA you should ensure your retirement saving are in the right hands. Not all Gold IRA companies offer the same services for all levels of investments. Some Gold IRA companies have high minimum investment criteria. Here are...

Bumble Raises $2.15 Billion in IPO at $7 Billion Post-Money Valuation Bumble Inc, a dating app operator backed by buyout firm Blackstone Group Inc, sold shares in its initial public offering (IPO) on Wednesday at $43 apiece above its target range, to raise $2.2 billion. The IPO gave the Austin, Texas-based company a market capitalization of more than $7 billion. Bumble...

Community Health Systems Inc. (CYH) Plunges 5.6% Community Health Systems Inc. (CYH) had a rough trading day for Tuesday April 16 as shares tumbled 5.6%, or a loss of $-0.19 per share, to close at $3.20. After opening the day at $3.43, shares of Community Health Systems Inc. traded as high as $3.43 and as low as $3.05. Volume was...