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NatWest Plc pleads guilty in criminal proceedings

National Westminster Bank Natwest

National Westminster Bank Plc (NatWest) entered guilty pleas at Westminster Magistrates’ Court to criminal charges brought by the Financial Conduct Authority (FCA) under the Money Laundering Regulations 2007 (MLR 2007).

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Fitch downgraded Sinic – Chinese Real Estate Developer Slumps 87%

Sinic

Sinic Holdings one of the biggest Chinese real estate developers slumped 87% at 0.50 and trading halted in Hong Kong as fears of Evergrande contagion grow in the region. The stock hit the daily low at 0.37, on Friday Sinic stock closed at 3.85.

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Stock upgrades and downgrades December 2020 to June 2021

upgrades and downgrades (2)

Stock upgrades and downgrades December 2020 to June 2021

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ASIC commences civil proceedings against Westpac for insider trading

Banking Code ASIC binary options

ASIC has today commenced proceedings in the Federal Court against Westpac Banking Corporation (Westpac) for insider trading, unconscionable conduct and breaches of its Australian financial services licensee obligations

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Amazon News Analysis and Earnings

Amazon

Amazon reported 1Q earnings beating the analyst's expectations both in top and bottom line. Amazon reported earnings: of $15.79 /share well above Wall Street expectations

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Qualcomm (QCOM) News Analysis and Earnings

Qualcomm QCOM

Qualcomm reported fiscal 2Q results better than analysts expectations. QCOM reported earnings of $1.90/share, topping the expectations of $1.67/share.

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Facebook news and analysis

$FB Facebook Stock Price Target

Facebook reported better than expected 1Q results after the bell. FB reported earnings of $3.30/share topping the expectations of $2.37/share

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Woven Planet, a subsidiary of Toyota, to acquire Lyft’s self-driving car division

LYFT

LYFT announced today that the company has signed an agreement with “Woven Planet” a subsidiary of Toyota Motor Corporation, for the acquisition of Lyft’s self-driving vehicle division, Level 5

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Tesla Motors, Inc. TSLA

Tesla reported earnings after the closing bell.  TSLA reported earnings of 93 cents per share beating the consensus of 79 cents per share. Revenue reported at $10.39 billion slightly better

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Netflix NFLX

NFLX Netflix

Netflix (NFLX) trades 9% lower in after-market trading as investors disappointed by the new subscriber's figures. NFLX added 3.98 million new subscribers

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