News That Move the Markets Today
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Copper Price Hits 9-year Highs
Copper price hits 9-year highs amid strong demand for manufactured goods and China’s strong economic rebound after the coronavirus health crisis.
Stock upgrades and downgrades January 2021
DA Davidson Keeps the Buy Rating on Apple and raised the Price Target to $167 Wedbush Morgan Securities Inc. have an Outperform rating on Alphabet A (GOOGL)
TMX Group Closes Private Placement Offering of C$250 Million 2.016% Senior Unsecured Debentures Due 2031
TMX Group announced that it has closed a Canadian private placement offering (the “Offering”) of C$250 million aggregate principal amount of 2.016% Series F Senior Unsecured Debentures due February 12, 2031
SEC Charges Investment Adviser and Others With Defrauding Over 17,000 Retail Investors
SEC charged three individuals and their affiliated entities with running a Ponzi-like scheme that raised over $1.7 billion from securities issued by a New York-based asset management firm and registered investment adviser, GPB Capital.
New Research: Global Pandemic Brings Surge of New and Experienced Retail Investors Into the Stock Market
In a year when a pandemic gripped the world, beginning and experienced retail investors flocked to the stock market using taxable, non-retirement investment accounts, according to new research by the FINRA Investor Education Foundation (FINRA Foundation) and NORC at the University of Chicago.
Tesla Earnings Disappoint, Revenues Beat Estimates
Tesla (TSLA) stock is under selling pressure giving up over 3% in the after market as investors digest the earning report.
BIS launches second green bond fund for central banks
The euro-denominated, open-ended green bond fund for central banks builds on the success of the first, US dollar-denominated green bond fund
GameStop (GME) Crushes Short Sellers and Andrew Left
GameStop (GME) jumps 36.65% at $58.63 having hit earlier on the session as high as $76.76 as the fight between longs and shorts intensifies.
ICE Bonds Announces Record Notional Volume for Portfolio Trading
Intercontinental Exchange, Inc. (NYSE:ICE), today announced record volumes for fixed income portfolio trading during the fourth quarter of 2020.
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