The Securities and Exchange Commission today charged 11 individuals for their roles in creating and promoting Forsage, a fraudulent crypto pyramid and Ponzi scheme that raised more than $300 million from millions of retail investors worldwide, including in the United States. Those charged include the four founders of Forsage, who ...
Read More »Stock upgrades and downgrades for 2Q 2022
Stock upgrades and downgrades for 2Q 2022. Oppenheimer Initiated Rain Therapeutics (RAIN) at Outperform
Read More »SEC Charges Former Indiana Congressman with Insider Trading
Stephen Buyer allegedly used inside information to buy $1.5 million in stocks The Securities and Exchange Commission today filed insider trading charges against Stephen Buyer, a former U.S. Representative for Indiana’s 4th Congressional District. According to the SEC’s complaint, after leaving Congress in 2011, Buyer formed a consulting firm, the ...
Read More »Moody’s downgrades Coinbase (senior debt Ba2) and places ratings under review for further downgrade
Moody's") has downgraded Coinbase Global, Inc.'s (Coinbase) Corporate Family Rating (CFR) to Ba3 from Ba2 and downgraded its guaranteed senior unsecured notes to Ba2 from Ba1. The ratings were placed under review for further downgrade.
Read More »ESPN Signs First-Ever NFT Deal in partnership with Tom Brady’s Autograph platform
Autograph x ESPN Collaboration Kicks Off with Man in the Arena: Tom Brady NFT Collection. ESPN and Autograph, the Web3 brand co-founded by Tom Brady that is pioneering a new era of digital experiences, today announced a multi-year deal for ESPN's first NFT.
Read More »Stock Upgrades and Downgrades for Q1 2022
Barrington Research Initiated Helios Technologies (HLIO) at Outperform and a price target at $107
Read More »Morningstar: Why We’ve Downgraded ARK Innovation
ARK Innovation ETF (ARKK) shows few signs of improving its risk management or ability to successfully navigate the challenging territory it explores. Its Morningstar Analyst Rating drops to Negative from Neutral as its People and Parent ratings both drop to Below Average from Average.
Read More »SEC announced insider trading charges against three software engineers employed at Twilio
Three Twilio company employees along with family and friends charged in $1 million scheme. The Securities and Exchange Commission today announced insider trading charges against three software engineers employed at Twilio
Read More »CME Group Announces Launch of Micro-Sized Bitcoin and Ether Options
CME Group, the world's leading derivatives marketplace, today launched options on Micro Bitcoin and Micro Ether futures, further expanding its suite of cryptocurrency derivatives offerings.
Read More »Trafigura co-head of oil: I think you will see $150 a barrel oil this summer
Trafigura co-head of oil: I think you will see $150 a barrel oil this summer.
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