$4 Billion Lawsuit Claims Jump Trading Helped Engineer Terraform’s Collapse
Yahoo Finance· 2025-12-19 07:02
Court Filings Detail Secret UST Support During De-Peg Events. Photo by BeInCrypto The administrator overseeing the wind-down of Terraform Labs has filed a $4 billion lawsuit against high-frequency trading firm Jump Trading. They accuse the market maker of secretly manipulating prices and contributing to the collapse of Do Kwon’s once-dominant crypto ecosystem. It comes barely a week after the judge issued Do Kwon his sentence, a 15-year term in federal prison for orchestrating a $40 billion crypto fraud. ...
ULTY, Meet ULTI, Your Newest Competitor
Seeking Alpha· 2025-12-19 07:01
Core Viewpoint - The article expresses a critical perspective on the YieldMax Ultra Option Income Strategy ETF (ULTY), indicating a lack of support for this investment vehicle [1]. Group 1: Investment Strategy - The author emphasizes a macro-oriented and data-driven investment approach, focusing on identifying narrative trends before they become mainstream [1]. - The importance of position sizing over security selection is highlighted as a key risk management strategy [1]. Group 2: Investment Philosophy - The article references a quote from Howard Marks, paraphrasing David Swensen, which underscores the necessity of holding idiosyncratic positions for successful investing [1]. - A historical perspective is provided through a quote from Timothy Snyder, suggesting that history serves as a guide rather than a repetitive cycle [1].
Mission Produce, Inc. (NASDAQ: AVO) Surpasses Earnings and Revenue Estimates
Financial Modeling Prep· 2025-12-19 07:00
Mission Produce, Inc. (NASDAQ: AVO) reported earnings per share (EPS) of $0.22, surpassing the estimated $0.19, and achieved a revenue of $319 million, exceeding the anticipated $293.9 million.The company achieved a record full-year revenue of $1.39 billion in fiscal year 2025, marking a 13% increase from the previous year.AVO demonstrates financial stability with a low debt-to-equity ratio of approximately 0.023 and a current ratio of about 1.95.Mission Produce, Inc. (NASDAQ: AVO) is a leading global suppl ...
'SIGNIFICANT LABOR PROBLEM': Expert reveals US concerns
Youtube· 2025-12-19 07:00
exactly what Rick Reer lives and breathes. He's Black Rockck's global allocation team head. He also has a side job as the global fixed income chief, too.He You're busy, man. I got to tell you, every day. >> What was your first reaction when you saw the CPI number.>> It's pretty good. I mean, you know, listen, have we solved inflation. No, we haven't solved inflation.We're closer to target. You know, it's also that number was a little funky today because we didn't get October. So, it was it was a little mess ...
Pulsar Helium Closes Major Minnesota Land Position to the West of Topaz Project
Globenewswire· 2025-12-19 07:00
Core Viewpoint - Pulsar Helium Inc. is advancing its acquisition of Quantum Hydrogen Inc. from Oscillate PLC through an all-share transaction, with updates on share issuance and financial terms [3][5]. Group 1: Transaction Details - The company executed a definitive agreement with Oscillate to acquire up to 100% of Quantum Hydrogen Inc. [3] - An amendment to the agreement was made to define "VWAP" with a minimum price of CAD$0.05, in compliance with TSX Venture Exchange policies [4]. - The company issued 292,560 shares as consideration for the first two monthly tranches of US$80,000 each, with VWAPs of C$0.7797 and C$0.7543 respectively [5]. Group 2: Financial Implications - The remaining tranches of the transaction total US$640,000 and will be satisfied in the coming months [5]. - The shares issued are subject to a hold period of four months and one day from the date of issuance [6]. Group 3: Company Overview - Pulsar Helium Inc. is publicly traded on the AIM market, TSX Venture Exchange, and OTCQB, focusing on helium exploration and development [7][8]. - The company’s portfolio includes the Topaz helium project in Minnesota and the Tunu helium project in Greenland, both identified as primary helium occurrences not associated with hydrocarbon production [8].
What's the Best Portfolio Strategy for Retirement at 62?
Yahoo Finance· 2025-12-19 07:00
SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. For many people, retiring feels like crossing a finish line. You have spent your working years building wealth, and now it’s time to manage and spend that money. By and large, this is true – your financial perspective will change significantly once you no longer have a normal stream of income. However, it’s important to remember that retirement involves many of the same concerns and focuses that you’ve alw ...
Update in relation to the Group’s MREL requirements
Globenewswire· 2025-12-19 07:00
Core Viewpoint - OSB Group PLC is preparing for changes in its Minimum Requirements for Own Funds and Eligible Liabilities (MREL) regime, effective from January 1, 2026, as notified by the Bank of England [4][5]. Group's MREL Requirements - The Group's MREL will be equal to the minimum capital requirements, which include Pillar 1 and Pillar 2A capital requirements set by the Prudential Regulation Authority (PRA) [5]. Company Overview - OSB Group PLC, trading as OneSavings Bank, began operations on February 1, 2011, and was listed on the London Stock Exchange in June 2014, joining the FTSE 250 index in June 2015 [7]. - The Group provides specialist lending and retail savings, regulated by the Financial Conduct Authority and the Prudential Regulation Authority [7]. Business Segments - OSB primarily targets high-growth market sub-sectors, including Buy-to-Let, commercial mortgages, and bespoke residential lending, utilizing a skilled underwriting process [8][9]. - Charter Court Financial Services Group (CCFS) focuses on Buy-to-Let and specialist residential mortgages, leveraging automated technology for efficient processing and risk management [11][12]. Funding Sources - OSB is mainly funded by retail savings through the Kent Reliance brand, with additional funding from securitisation programmes and the Bank of England's Term Funding Scheme [10]. - CCFS is predominantly funded by retail savings from its Charter Savings Bank brand, also utilizing securitisation and the Bank of England's funding schemes [13].
Pulsar Helium Closes Major Minnesota Land Position to the West of Topaz Project
Globenewswire· 2025-12-19 07:00
Core Viewpoint - Pulsar Helium Inc. is progressing with its acquisition of Quantum Hydrogen Inc. from Oscillate PLC through an all-share transaction, with updates on share issuance and financial terms [2][4]. Group 1: Acquisition Details - The company has executed a definitive agreement to acquire up to 100% of Quantum Hydrogen Inc., a wholly owned subsidiary of Oscillate PLC [2]. - A letter was executed to amend the agreement, specifically defining "VWAP" to include a minimum price of CAD$0.05 as per TSX Venture Exchange policies [3]. Group 2: Financial Transactions - On December 18, 2025, the company issued 292,560 shares as consideration for the first and second monthly tranches of US$80,000 each, with a VWAP of C$0.7797 for the first tranche and C$0.7543 for the second tranche [4]. - The remaining tranches, totaling US$640,000, will be satisfied in the coming months [4]. Group 3: Shareholder Information - The shares issued in connection with the transaction are subject to a hold period of four months and one day from the date of issuance [5].
Coty Sells Remaining Stake in Wella to KKR
Businesswire· 2025-12-19 07:00
Core Points - Coty Inc. has sold its remaining 25.8% stake in Wella to KKR for $750 million in cash and 45% of future proceeds from a sale or IPO of Wella [1] - The transaction is part of Coty's strategy to simplify its portfolio and operations, aiming to realize the full value of its Wella business [1] - Coty plans to use the majority of the cash proceeds to pay down its short and long-term debt, which is expected to reduce its financial net leverage to approximately 3x by the end of CY25 [2] Financial Impact - The sale is expected to bring total gross proceeds closer to the carrying value of Coty's investment in Wella, reflecting Wella's strong recent and expected performance [1] - Coty's strong free cash flow generation, exceeding $350 million in the first half of FY26, aligns with its guidance and supports its deleveraging efforts [2] Strategic Focus - The transaction marks a significant milestone in Coty's transformation and commitment to deleveraging, with a focus on crystallizing value from non-core assets [3] - The partnership with KKR has been beneficial, allowing Coty to progressively monetize its stake in Wella and strengthen its financial foundation [3]
DXS INTERNATIONAL PLC (AQSE: DXSP) Result of AGM
Globenewswire· 2025-12-19 07:00
Core Points - DXS International plc announced that all resolutions at the Annual General Meeting (AGM) were passed successfully [2][3] - The CEO, David Immelman, provided an update on the company's progress during the AGM [3] Voting Results - Resolution 1: 14,681,963 votes for (100.00%), 0 votes against [3] - Resolution 2: 14,647,713 votes for (99.77%), 34,250 votes against (0.23%) [3] - Resolution 3: 14,671,963 votes for (99.97%), 5,000 votes against (0.03%) [3] - Resolution 4: 14,671,963 votes for (99.97%), 5,000 votes against (0.03%) [3] - Resolution 5: 14,676,963 votes for (99.97%), 5,000 votes against (0.03%) [3] - Resolution 6: 14,671,963 votes for (99.97%), 5,000 votes against (0.03%) [3] Company Overview - DXS International provides healthcare information and digital clinical decision support systems, aiming to improve healthcare outcomes and contribute to NHS efficiency savings [4]