The $550 million suit accuses Hwang and top executives at Archegos Capital Management of running the now-defunct hedge fund like a religious cult.
Today, we take our first in-depth look at Virtu Financial, Inc. (NASDAQ:VIRT). The stock has come under considerable pressure here in 2022, as have most small caps and midcaps. The shares now have a better than four percent dividend yield. However, the stock still is seeing a considerable amount of insider selling. An analysis follows below. Virtu Financial is headquartered in New York City. The company operates in two segments, Market Making and Execution Services. Virtu's product suite includes offerings in execution, liquidity sourcing, analytics and broker-neutral, and multi-dealer platforms in workflow technology.
Springwater Capital Partners With Morningside Capital Management And Lsv Advisors In A Structured Solution Of A European Portfolio Of Alternative Assets.
Springwater, a leading pan-European special situations investment firm, received a preferred equity investment in a portfolio of European private equity assets with a value of over EUR100 million. Fresh capital raised will... The post Springwater Capital partners with Morningside Capital Management and LSV Advisors in a structured solution of a European portfolio of alternative assets. first appeared on Mercury Capital Advisors.
If the bear market persists, the industry will have to concede that its investments have declined in value, and the writedowns could be substantial.
A Norwegian oil and gas industry group said Tuesday that a strike by oil and gas workers, which has already closed three fields, could cut Norway's gas exports by more than half by Saturday. "Almost 60% of gas exports from the Norwegian continental shelf (NCS) will be affected when the strike action is stepped up further from Saturday," the Norwegian Oil and Gas Association said in a statement. The strike comes at a time when energy prices have already soared as a result of the impact of Russia's invasion of Ukraine and associated sanctions.
Luxembourg-based multinational supplied Russia with 77,000 metric tons of steel in June. : ArcelorMittal, one of the world's largest steelmakers, has resumed shipments to Russia just a month after suspending deliveries, the Kommersant business daily reported late Monday. ArcelorMittal removed Russian materials from its supply chain in March in response to Moscow's invasion of Ukraine. In May, Kommersant reported that the Luxembourg-based multinational had suspended supplies to Russia. But commodities market experts told the newspaper that ArcelorMittal resumed deliveries on June 10 and has so far supplied Russia with more than 77,000 metric tons of steel.
Flycoin has taken another step to strengthen its infrastructure and security in safeguarding FLY POMONA, Calif, July 5, 2022 /PRNewswire/ -- FlyCoin, Inc., a cryptocurrency-based travel rewards technology company, is pleased to announce that it will utilize Anchorage Digital to serve as...
Leader in Mid-Market Account Receivable Management Software Expands Executive Team & Releases New Products SAN FRANCISCO, July 5, 2022 /PRNewswire/ -- Tesorio, an accounts receivable management platform, today announces $17 million in Series B funding led by BAMCAP Ventures, a VC group...
But a full cut to Nord Stream flows remains Goldman's least likely scenario, as it would eliminate much of Russia's revenue from gas sales.
The gunman apparently used a 'high-powered rifle' to fire from a spot atop a commercial building, police say. : The gunman apparently used a 'high-powered rifle' to fire from a spot atop a commercial building, police say. HIGHLAND PARK, Ill. -- A gunman on a rooftop opened fire on an Independence Day parade in suburban Chicago on Monday, killing at least six people, wounding at least 30 and sending hundreds of marchers, parents with strollers and children on bicycles fleeing in terror, police said.