Workflow
Clearing
icon
Search documents
TMX Group Limited (OTC:TMXXF) Maintains "Outperform" Rating
Financial Modeling Prep· 2026-02-09 22:03
Core Insights - TMX Group Limited, trading as TMXXF, is a significant entity in the financial services sector, operating various exchanges including the Toronto Stock Exchange and providing trading, clearing, and data solutions [1] - RBC Capital has maintained an "Outperform" rating for TMXXF, indicating expectations for the stock to perform better than the overall market, with the current stock price at $33.99, reflecting a 2.01% increase [2][6] - The recent Q4 2025 earnings call provided insights into TMX Group's financial performance, helping investors assess the company's health and strategic direction [3] Financial Performance - TMXXF's stock price has seen fluctuations over the past year, with a high of $42.19 and a low of $32.93, currently priced at $33.99, which is closer to its yearly low, suggesting potential for growth [4] - The market capitalization of TMXXF is approximately $9.46 billion, indicating a strong presence in the market [4][6] - The trading volume for TMXXF is low, with only 100 shares traded today, which may indicate limited liquidity affecting price stability [5][6]
Here's What to Expect From Nasdaq's Next Earnings Report
Yahoo Finance· 2026-01-08 11:02
Core Insights - Nasdaq, Inc. (NDAQ) is a technology company valued at $55.2 billion, providing various services including trading, clearing, and financial information [1] - The company is expected to announce its fiscal fourth-quarter earnings for 2025 on January 29, 2026, with analysts predicting a profit of $0.91 per share, a 19.7% increase from the previous year [2] - For the full fiscal year 2025, analysts forecast an EPS of $3.43, representing a 21.6% increase from $2.82 in fiscal 2024, with further growth expected to $3.81 in fiscal 2026 [3] Performance Metrics - NDAQ stock has outperformed the S&P 500 Index, gaining 31.5% over the past 52 weeks compared to the index's 17.1% [4] - The company's financial performance is bolstered by a strategic focus on high-growth segments in financial technology [5] - In its Q3 results, NDAQ reported an adjusted EPS of $0.88, exceeding Wall Street's expectations, with net revenue of $1.32 billion also surpassing forecasts [5] Analyst Sentiment - The consensus opinion on NDAQ stock is moderately bullish, with 11 out of 18 analysts recommending a "Strong Buy" and an average price target of $107, indicating a potential upside of 6.6% [6]
$4.2B SteelPeak Wealth Adds BNY Pershing as Custodian
Yahoo Finance· 2025-12-22 16:51
Core Insights - SteelPeak Wealth has established a new strategic relationship with BNY Pershing for clearing, custody, and technology services, enhancing its operational capabilities for financial advisors [3][2] - The firm currently manages over $4.2 billion in client assets, indicating significant growth and client trust [3] - SteelPeak Wealth has a multi-custodial setup, continuing its partnerships with Charles Schwab, Fidelity Investments' NFS, and Interactive Brokers [2] Company Overview - SteelPeak Wealth is a Los Angeles-based registered investment advisor backed by Emigrant Partners, focusing on advisor-centric operations [3] - The firm offers a range of services including investment management, insurance, estate planning, and tax consulting [4] - In October, SteelPeak Wealth launched a family office division aimed at high-net-worth individuals and families, and also has a sports division specializing in wealth advice for athletes [4]
Jim Cramer Says Bank of New York Mellon is a Bank He Has “Come to Like Very Much”
Yahoo Finance· 2025-12-21 15:14
Group 1 - The Bank of New York Mellon Corporation (NYSE:BK) has seen a significant reduction in its share count by 36.2% since the end of 2015, which has contributed to its stock nearly tripling in value over the past two years [1] - The company reported strong quarterly results with notable top and bottom line beats, including a nearly 28% return on tangible common equity, one of the best results observed from a bank [2] - Under the leadership of CEO Robin Vince, BNY has shifted its focus to offering a comprehensive suite of financial services rather than one-off products, and has heavily invested in technology, including AI [1][2] Group 2 - BNY Mellon is recognized as one of the top custodial banks in America, providing a range of financial services such as investment management, custody, clearing, and wealth planning [2] - The company has raised its full-year net interest income forecast, a move that very few banks have made recently [2]
Marex Group plc completes acquisition of Winterflood and announces agreement to sell Winterflood’s custody business
Globenewswire· 2025-12-01 12:00
Core Viewpoint - Marex Group plc has completed the acquisition of Winterflood Securities, enhancing its UK cash equities business and diversifying earnings [1][2] Group 1: Acquisition Details - The acquisition of Winterflood is aligned with Marex's strategy to attract new clients and capabilities [2] - Marex will retain Winterflood's market making and corporate broking activities, with an expected annual revenue of approximately $75 million and an anticipated adjusted profit before tax margin of around 20% over time [3] Group 2: Sale of Winterflood Business Services - Marex has entered into a conditional agreement to sell Winterflood Business Services (WBS) to Epiris Fund III, with the sale expected to complete in the second quarter of 2026 [4] - The sale of WBS is seen as beneficial, as the gain from this sale will more than offset the premium paid for Winterflood, resulting in a net gain on the acquisition [4] Group 3: Company Performance and Outlook - The CEO of Marex expressed optimism about the performance in November and the overall business momentum, indicating a positive outlook for the fourth quarter and the upcoming year [4]
AtlasClear to Present at NobleCon21 - Noble Capital Markets' Twenty-First Annual Emerging Growth Equity Conference
Newsfile· 2025-11-24 17:00
Company Overview - AtlasClear Holdings, Inc. is a technology-driven provider focused on modernizing trading, clearing, settlement, and banking for emerging financial institutions and fintechs [5] - The company operates through its subsidiary Wilson-Davis & Co., Inc., a full-service correspondent broker-dealer, and is in the process of acquiring Commercial Bancorp of Wyoming [5] Upcoming Presentation - AtlasClear's Executive Chairman John Schaible and President Craig Ridenhour will present at NobleCon21 on December 2-3, 2025 [1][2] - The presentation will outline the company's integrated clearing, custody, banking, and digital asset strategy, emphasizing its growth and market opportunities [2] Financial Position - AtlasClear is entering a new growth phase with positive equity and a strengthened capital position [2] - The company is expanding its correspondent clearing pipeline, indicating a robust outlook for future operations [2] Event Details - The presentation is scheduled for December 3, 2025, at 12:30 PM Eastern Time [3] - Leadership will be available for one-on-one meetings with investors during the event [3] Webcast Information - A high-definition video webcast of the presentation will be available the following day on the company's website and other platforms, archived for 90 days [4]
CLASS ACTION REMINDER: Berger Montague Advises Marex Group PLC (NASDAQ: MRX) Investors to Inquire About a Securities Fraud Lawsuit by December 8, 2025
Prnewswire· 2025-11-24 13:21
Core Viewpoint - A class action lawsuit has been filed against Marex Group plc due to allegations of financial improprieties, including a multi-year accounting scheme that concealed losses and inflated profits [1][3][4]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Marex shares from May 16, 2024, to August 5, 2025 [1][2]. - Investors have until December 8, 2025, to seek appointment as lead plaintiff [2]. Group 2: Allegations Against Marex - NINGI Research reported that Marex engaged in a multi-year accounting scheme involving off-balance-sheet entities and fictitious transactions [3]. - The report highlighted discrepancies in intercompany receivables and loans across over 56 entities, amounting to multi-million-dollar differences [3]. - Marex allegedly concealed nearly $1 billion in off-balance-sheet derivatives, inflating operating cash flow by misclassifying structured note issuance as income [4]. Group 3: Market Reaction - Following the release of the report, Marex's stock price fell by $2.33, or 6.2%, closing at $35.31, resulting in significant investor losses [4].
SHAREHOLDER ALERT: Berger Montague Reminds Marex Group plc (NASDAQ: MRX) Investors of Class Action Lawsuit Deadline
Prnewswire· 2025-11-17 14:06
Core Points - A class action lawsuit has been filed against Marex Group plc on behalf of investors who purchased shares between May 16, 2024, and August 5, 2025 [1][2] - The lawsuit alleges that Marex concealed losses and inflated profits through off-balance-sheet entities and fictitious transactions, leading to a significant drop in stock price [3] Company Overview - Marex Group plc is a London-based global financial services company specializing in trading, clearing, and risk management [2] Legal Context - Investors have until December 8, 2025, to seek appointment as lead plaintiff in the class action [2] - The lawsuit was triggered by a report from NINGI Research published on August 5, 2025, which accused Marex of financial misconduct [3]
INVESTOR REMINDER: Berger Montague Notifies Marex Group plc Investors (NASDAQ: MRX) of a Class Action Lawsuit and Deadline
Prnewswire· 2025-11-10 20:07
Core Viewpoint - A class action lawsuit has been filed against Marex Group plc, alleging significant accounting irregularities and misleading disclosures that resulted in inflated profits and concealed losses [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Marex shares between May 16, 2024, and August 5, 2025 [1][2]. - Investors have until December 8, 2025, to seek appointment as lead plaintiff [2]. - The lawsuit follows a report from NINGI Research that accused Marex of engaging in a multi-year accounting scheme involving off-balance-sheet entities and fictitious transactions [3][4]. Group 2: Allegations and Financial Discrepancies - The report highlighted multi-million-dollar discrepancies in intercompany receivables and loans, including a fabricated $17 million receivable and a subsidiary's profits inflated by 150% [4]. - It was alleged that Marex concealed nearly $1 billion in off-balance-sheet derivatives exposure, which was used to generate non-cash trading profits [4]. Group 3: Market Reaction - Following the report's release, Marex's stock price dropped by $2.33, or 6.2%, closing at $35.31, indicating significant investor losses [5].
NASDAQ: MRX INVESTOR ALERT: Berger Montague Advises Marex Group plc (NASDAQ: MRX) Investors of a December 8, 2025 Deadline
Prnewswire· 2025-11-03 14:06
Core Points - A class action lawsuit has been filed against Marex Group plc on behalf of investors who purchased shares between May 16, 2024, and August 5, 2025 [1][2] - The lawsuit follows a report by NINGI Research that alleged financial improprieties, including a multi-year accounting scheme and misleading disclosures [3][4] - Marex is accused of concealing nearly $1 billion in off-balance-sheet derivatives, which inflated profits and operating cash flow [4] Company Overview - Marex Group plc is headquartered in London and provides global financial services, including trading, clearing, and risk management [2] Allegations and Impact - The complaint details discrepancies in intercompany receivables and loans across over 56 entities, amounting to multi-million-dollar discrepancies [3] - Following the release of the report, Marex's stock price fell by $2.33, or 6.2%, closing at $35.31, resulting in significant investor losses [4]