Category: Firm
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FCA Flags Clone Firm Impersonating Admiral Markets UK
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The UK financial regulator has flagged an unscrupulous company impersonating the licensed Admiral Markets UK Ltd. According to the Financial Conduct Authority (FCA), the cloned entity is using Admiral Markets UK Ltd details in a fraudulent company under the name admrlmrkts.co. Cloning company details According to a statement from the…
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US private equity firm in talks to buy cyberattack co Paragon
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A US private equity fund, which includes a group of security companies, is in talks to acquire Israeli cyber attack company Paragon Solutions. Headquartered in the Discount Bank Tower in Tel Aviv, the company was founded five years ago by the former commander of the IDF’s 8200th Intelligence Unit, Brig.…
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US private equity firm in talks to buy cyberattack co Paragon
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A US private equity fund, which includes a group of security companies, is in talks to acquire Israeli cyber attack company Paragon Solutions. Headquartered in the Discount Bank Tower in Tel Aviv, the company was founded five years ago by the former commander of the IDF’s 8200th Intelligence Unit, Brig.…
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ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages FutureFuel Corp. Investors to Inquire About Securities Class Action Investigation “ FF
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New York, June 12, 2024 (GLOBE NEWSWIRE) — Why: Rosen Law Firm, a global investor rights law firm, announces an investigation into potential securities claims on behalf of shareholders of FutureFuel Corp. (NYSE: FF) resulting from allegations that FutureFuel may have issued materially misleading trading information to the investing public.…
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ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages FutureFuel Corp. Investors to Inquire About Securities Class Action Investigation “ FF
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New York, June 12, 2024 (GLOBE NEWSWIRE) — Why: Rosen Law Firm, a global investor rights law firm, announces an investigation into potential securities claims on behalf of shareholders of FutureFuel Corp. (NYSE: FF) resulting from allegations that FutureFuel may have issued materially misleading trading information to the investing public.…
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Bitcoin Miner Core Scientific Partners With AI Firm, Forecasts $3.5 Billion in Revenue
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Core Scientific, a major player in the digital infrastructure industry in North America, announced a strategic partnership that includes a series of long-term contracts spanning 12 years with CoreWeave, an AI hyperscaler company. Under the agreement, Core Scientific will supply approximately 200 MW of infrastructure to support CoreWeave’s high-performance computing…
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Firm Attacks US Miners, Bitcoin Network Growing Stronger
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Kerrisdale Capital, an investment management firm Launched A scathing attack on the US Bitcoin mining industry, describing it as a haven for “snake oil salesmen” who gobble up investors’ capital and harm the environment. Investment firm attacks Bitcoin, claims mining model is flawed In a post on X, the management…
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Soccer-Everton takeover by US private equity firm falls through By Reuters
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(Reuters) – Premier League club Everton said on Saturday that the takeover agreement with potential owner 777 Partners had expired after the American private equity firm failed to complete the acquisition of a majority stake in Farhad Moshiri by Friday’s deadline. In September, the Miami-based investment fund said it had…
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Research Firm Predicts Ethereum Explosion To $15,000 With ETFs
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said Michael Nadeau, founder of The DeFi Report published An in-depth look at the implications of the approval of exchange-traded funds (ETFs) for Ethereum (ETH) on the cryptocurrency’s price trajectory. This analysis comes on the heels of significant regulatory approval from the US Securities and Exchange Commission (SEC), which approved…
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Dollar firm ahead of global inflation data By Reuters
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Written by Tom Westbrook SINGAPORE (Reuters) – The dollar got off to a steady start to the week on Monday, with investors focusing on inflation data in the United States, Europe and Japan to guide global interest rate expectations. Searches for “carry” have dominated foreign exchange trading in recent months,…
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Prop Trading Firm The Funded Trader Promises Comeback and New Partnerships
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Two months after announcing a “pause” of all operations and facing mass complaints over payment refusals, The Funded Trader (TFT) has revealed that it has reached a “significant milestone” in its prop trading activities. Dedicated Forex cloud solutions with stable and fast cross-border connections capable of meeting high demand scenarios.…
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CEO at $14 billion electronics firm can’t talk about his resignation following an internal investigation
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Following a four-week internal investigation into the $14 billion electronics maker Jabil, CEO Kenneth “Kenny” Wilson abruptly resigned a year after being named at the helm of a major supplier to Apple, Cisco and General Motors. . Upon his exit as CEO last week, Wilson agreed to a set of…
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CEO at $14 billion electronics firm can’t talk about his resignation following an internal investigation
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Following a four-week internal investigation into the $14 billion electronics maker Jabil, CEO Kenneth “Kenny” Wilson abruptly resigned a year after being named at the helm of a major supplier to Apple, Cisco and General Motors. . Upon his exit as CEO last week, Wilson agreed to a set of…
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Troubled e-commerce firm Copia goes into administration
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The board of Copia Kenya has placed the beleaguered e-commerce company into administration as they seek to preserve the business amid the recent turmoil. The company on Friday announced the appointment of Mackenzie Muthusi and Julius Njonga from consultancy KPMG to lead the administration process with the aim of maintaining…
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Is This MEV Trading Firm Responsible For Ethereum’s Drop Below $3,800?
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Ethereum is flat, trending higher, and outperforming the world’s most valuable currency, Bitcoin. Earlier in the day, Ethereum prices broke the $3,900 level before falling sharply to below $3,800 and bouncing back to spot prices. In an attempt to explain the unexpectedly high volatility, especially with prices rapidly falling from…
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Is This MEV Trading Firm Responsible For Ethereum’s Drop Below $3,800?
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Ethereum is flat, trending higher, and outperforming the world’s most valuable currency, Bitcoin. Earlier in the day, Ethereum prices broke the $3,900 level before falling sharply to below $3,800 and bouncing back to spot prices. In an attempt to explain the unexpectedly high volatility, especially with prices rapidly falling from…
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Dollar hovers near one-week high on hawkish Fed minutes; kiwi firm By Reuters
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Written by Kevin Buckland TOKYO (Reuters) – The dollar hovered near a one-week high on Thursday after its best day this month against its major counterparts after minutes of the Federal Reserve’s latest meeting revealed some officials were prepared to raise interest rates. The New Zealand dollar continued to rise…
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Exclusive: Match-Trader Terminates Prop Firm SurgeTrader’s License
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SurgeTrader, a Florida-based trading company, announced that trading platform provider Match-Trade Technologies has terminated the company’s license. Match-Trader representatives confirmed this information in a statement emailed to Finance Magnates. Since the chaos in the industry related to the suspension of licenses by MetaQuotes, the creator of MetaTrader 4 and MetaTrader…
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Dollar firm as investors await Fed guidance By Reuters
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Written by Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar rose against the euro on Monday, as investors awaited more clues to help them determine the course of U.S. interest rates, following cautious statements from Federal Reserve officials (the U.S. central bank) even as signs of a slowdown in…
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Bankrupt crypto lender Genesis gets OK to return billions in tokens and cash to creditors, meaning parent firm DCG ‘is out of the money’
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Bankrupt cryptocurrency bank Genesis Global Capital has won court approval for its plan to distribute billions of dollars in digital assets and cash to creditors, overcoming a legal ruling. challenge It was introduced by the company’s parent cryptocurrency group. Judge Sean Lin said late Friday that he will confirm Genesis’…