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FOA: For Our Attention Investigates Potential Breaches of Fiduciary Duty by Finance of America Companies Inc. Board of Directors
Globenewswire· 2026-02-28 04:22
Core Viewpoint - Abbott Cooper PLLC is investigating potential breaches of fiduciary duty by the Board of Directors of Finance of America Companies, Inc. on behalf of the company's stockholders [1] Group 1: Investigation Details - The investigation focuses on whether the Finance of America Board of Directors has fulfilled its fiduciary obligations to stockholders, including its duty of loyalty [1] Group 2: Stockholder Information - Stockholders of Finance of America who are interested in learning more about the investigation or their legal rights are encouraged to contact Abbott Cooper PLLC at no cost or obligation [2] - Abbott Cooper PLLC operates on a contingency fee basis, meaning there is no cost to stockholders unless a recovery is obtained [2]
Are Prediction Markets Mirroring Crypto's Boom?
The Motley Fool· 2026-02-28 04:00
Group 1 - Prediction markets are gaining popularity among both professional investors and everyday individuals, similar to the rise of cryptocurrency [1][3] - Investors are using official "event contracts" to make predictions on various economic indicators, which has attracted the attention of major financial institutions like Goldman Sachs and the Federal Reserve [2][12] - The emergence of prediction markets is being compared to the initial acceptance of cryptocurrency as a new asset class, with investors beginning to allocate portions of their portfolios to these markets [3][12] Group 2 - There is a concern that prediction markets may simply be a new form of speculative gambling, particularly in the context of sports betting [4][6] - The current downturn in the cryptocurrency market has made prediction markets appealing to crypto investors, offering opportunities to profit from price declines [7] - Investment firms are developing new prediction market exchange-traded funds (ETFs) to provide everyday investors with exposure to this emerging market [9][10] Group 3 - Companies like Robinhood Markets are positioned to benefit from the prediction market boom, as they have already integrated these markets into their platforms [11][12] - The regulatory landscape for prediction markets is still uncertain, which could significantly impact which companies succeed in this space [12][13]
第15届金交会定档今年6月
Guang Zhou Ri Bao· 2026-02-28 02:04
金交会同期还将举办"粤理财 粤多金"——百姓理财日系列推介会、"我说理财"演讲大赛等面向公众的 金融知识普及活动。现场还举办金融产品交易专场、投资理财产品推介、贵金属珠宝售卖专区、绝当物 品展销等系列活动。 2月27日,广州市委金融办发布消息显示,第15届中国(广州)国际金融交易·博览会(以下简称"金交 会")定于2026年6月25日至27日在中国进出口商品交易会展馆举行。本届金交会以"九会合一"为核心理 念,深度融合会议研讨、品牌宣介、专题展览与多元体验,打造一场全链条覆盖的金融行业盛会。 相关附件 据悉,大会将整合金融成果展示、改革宣讲、知识普及、学术研讨、产业对接、产品推销、设备展销、 人才交流及招商推介九大核心板块,集中呈现广东、广州在金融生态建设、服务实体经济、资本市场发 展、金融对外开放、重点领域规范整治等方面的突破性成就。由清华五道口金融学院主办的金交会主旨 会议【原清华五道口全球金融论坛(广州)】将连续第11年在金交会举办,将聚焦金融强国建设、全球 货币体系、数智金融创新等核心议题展开讨论。 同时,举办重大项目签约仪式、重点建设项目融资推介会、"金企工程"金交会专场、益企共赢计划等系 列产融对 ...
Why American Express Stock Plummeted on Friday
The Motley Fool· 2026-02-28 00:05
Core Viewpoint - Concerns have arisen regarding American Express's vulnerability to disruption following significant layoffs at a peer company, Block, which led to a nearly 8% decline in American Express's stock value [1][4]. Group 1: Company Performance - American Express's stock lost almost 8% in value, closing at $307.95, down $27.37 [4]. - The market capitalization of American Express is reported at $230 billion [5]. - The stock's trading range for the day was between $307.67 and $321.01, with a 52-week range of $220.43 to $387.49 [5]. Group 2: Industry Context - Block, a digital payments company, announced layoffs of over 4,000 employees, approximately 40% of its workforce, coinciding with its fourth-quarter and full-year 2025 earnings report [2]. - Block's CEO, Jack Dorsey, emphasized that the layoffs are aimed at achieving technology-powered efficiency, stating that a smaller team can leverage intelligence tools to enhance productivity [4]. - The situation at Block raises concerns for traditional financial companies like American Express, although American Express has a history of embracing technology and implementing solutions like artificial intelligence [6].
Trump Media & Technology Group Reports Full-Year 2025 Results
Globenewswire· 2026-02-27 22:05
~ $2.5 Billion in Financial Assets ~~ Positive Operating Cash Flow for 2025 ~~ $44 Million in Cash Proceeds from Options Strategy ~ SARASOTA, Fla., Feb. 27, 2026 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (Nasdaq: DJT) ("TMTG" or the "Company"), operator of the social media platform Truth Social, the video streaming service Truth+, and the financial services and FinTech brand Truth.Fi, announced its financial results for the full year ending on December 31, 2025. These results are included i ...
State Street to Speak at the RBC Capital Markets Global Financial Institutions Conference
Businesswire· 2026-02-27 21:30
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) announced today that its Chief Product Officer, Donna Milrod, and its Global Head of Strategic Finance, Mark Keating, will present at the RBC Capital Markets Global Financial Institutions Conference in New York, NY on Wednesday, March 11, 2026 at approximately 2:00 pm ET. State Street Corporation (NYSE: STT) is one of the world's leading providers of financial services to institutional investors including investment servicing, investment manageme ...
AMTD IDEA's Subsidiary AMTD Digital Reports Full Year Results with 565.7% Increase in Revenue, 132.7% Increase in Net Income, and 280.2% Increase in Net Assets
Prnewswire· 2026-02-27 21:27
AMTD IDEA's Subsidiary AMTD Digital Reports Full Year Results with 565.7% Increase in Revenue, 132.7% Increase in Net Income, and 280.2% Increase in Net Assets [Accessibility Statement] Skip NavigationPARIS and NEW YORK and LONDON, Feb. 27, 2026 /PRNewswire/ -- AMTD IDEA (NYSE: AMTD; SGX: HKB) subsidiary AMTD Digital Inc. (NYSE: HKD), a NYSElisted company and subsidiary of AMTD Group Inc., today announced it has filed its annual report on Form 20F with the U.S. Securities and Exchange Commission for the fis ...
Fold Eliminates its Convertible Debt; Emerges with Simplified Capital Structure and Strengthened Balance Sheet to Accelerate Growth
Globenewswire· 2026-02-27 21:15
PHOENIX, Feb. 27, 2026 (GLOBE NEWSWIRE) -- Fold Holdings, Inc. (NASDAQ: FLD) (“Fold” or the “Company”), a bitcoin financial services company making it easy for individuals to earn, save, and spend bitcoin through everyday financial tools, today announced the successful execution of a series of strategic capital transactions designed to bolster its financial flexibility, simplify its balance sheet, and position the company for its next phase of growth, including the anticipated launch and scaling of the Fold ...
What's Going On With SoFi Technologies Stock Friday? - SoFi Technologies (NASDAQ:SOFI)
Benzinga· 2026-02-27 18:37
On Friday, SoFi Technologies, Inc. (NASDAQ:SOFI) is facing a challenging trading session amid broader market weakness. The stock's decline comes as major indices — including the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite — are also moving lower, signaling a wider market pullback.On January 30, SoFi reported earnings of 13 cents per share, topping the 12-cent consensus estimate. Revenue also rose sharply, increasing by $273.72 million from the year-ago quarter.For full-year 2026, SoFi expect ...
The Dow’s ‘Citrini Selloff’ Is Back. Blame Block.
Barrons· 2026-02-27 16:24
The Dow's 'Citrini Selloff' Is Back. Blame Block.LIVE[Dow Slides as Risk-Off Trade Gathers Pace]Last Updated:---21 min ago# The Dow's 'Citrini Selloff' Is Back. Blame Block.By[Connor Smith]Block's mass layoffs reignited Wall Street's paranoia about artificial intelligence advancements.The Dow fell 588 points, or 1.2%. The S&P 500 was down 0.6%. The Nasdaq Composite was down 0.8%. Among the hardest hit stocks in the Dow were American Express, Goldman Sachs Group, Salesforce, and JPMorgan Chase.Days after the ...