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SEC Charges Oracle a Second Time for Violations of the Foreign Corrupt Practices Act

Oracle

SEC announced settled charges requiring Oracle Corporation to pay more than $23 million to resolve charges that it violated provisions of the Foreign Corrupt Practices Act (FCPA) when subsidiaries in Turkey, the United Arab Emirates (UAE), and India

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Stock upgrades and downgrades for 2Q 2022

upgrades and downgrades (2) Outperform

Stock upgrades and downgrades for 2Q 2022. Oppenheimer Initiated Rain Therapeutics (RAIN) at Outperform

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Moody’s downgrades Coinbase (senior debt Ba2) and places ratings under review for further downgrade

Coinbase

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.

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Stock Upgrades and Downgrades for Q1 2022

upgrades and downgrades (2) Outperform

Barrington Research Initiated Helios Technologies (HLIO) at Outperform and a price target at $107

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Morningstar: Why We’ve Downgraded ARK Innovation

ARKK 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.

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SEC announced insider trading charges against three software engineers employed at Twilio

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

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Roku (ROKU) Earnings

ROKU

Roku (ROKU) reported a fourth-quarter (4Q) net income of $23.7 million, or 0.18/per share, down from $67.3 million, or 0.49/per share, in the year-earlier quarter.

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DraftKings DKNG Earnings

DraftKings

DraftKings (DKNG) released the fourth-quarter earnings report that disappointed investors. DraftKings net loss reached $326.3 million from $242.7 million

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Market Moving News

Market News

Access the latest market news and financial headlines that move the markets today. Stay updated with the market moving news for stocks, commodities, forex and cryptocurrencies.

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Stock Price targets in the Second half of 2021

upgrades and downgrades (2) Outperform

Stock Price targets in the Second half of 2021

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