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Here's What to Expect From Nasdaq's Next Earnings Report
Yahoo Finance· 2026-01-08 11:02
New York-based Nasdaq, Inc. (NDAQ) operates as a technology company that serves capital markets and other industries worldwide. Valued at $55.2 billion by market cap, the company provides trading, clearing, exchange technology, regulatory, securities listing, analysis, investing tools and guides, financial, and information services. The leading global technology company is expected to announce its fiscal fourth-quarter earnings for 2025 before the market opens on Thursday, Jan. 29. Ahead of the event, an ...
$4.2B SteelPeak Wealth Adds BNY Pershing as Custodian
Yahoo Finance· 2025-12-22 16:51
You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. SteelPeak Wealth, a Los Angeles-based registered investment advisor backed by Emigrant Partners, has added BNY Pershing to its custody options for its more than 30 financial advisors. The RIA is adding to custody setups it has with Charles Schwab, Fidelity Investments’ NFS and Interactive Brokers, according to its Form ADV. A spokesperson confirmed the RIA would continue with the multi-custodial ...
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
The Bank of New York Mellon Corporation (NYSE:BK) is one of the one of the stocks Jim Cramer was bullish on due to share buyback activity. Cramer said, “we think the world of” the company’s CEO, as he commented: “Fourth is a bank that I’ve come to like very much over the past couple years, and that’s BNY, the old Bank of New York Mellon. BNY shrunk its share count by 36.2% since the end of 2015, even if the stock wasn’t a real outperformer until more recently. Under CEO Robin Vince, we think the world of ...
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]
Marex Group Plc to Announce Third Quarter 2025 Earnings on November 6, 2025
Globenewswire· 2025-10-23 11:00
Core Viewpoint - Marex Group plc is set to release its fiscal 2025 third quarter results on November 6, 2025, before market opening, indicating a commitment to transparency and investor communication [1] Company Overview - Marex Group plc (NASDAQ: MRX) operates as a diversified global financial services platform, providing essential liquidity, market access, and infrastructure services across energy, commodities, and financial markets [2] - The company offers a comprehensive range of services, including Clearing, Agency and Execution, Market Making, and Hedging and Investment Solutions, with a strong presence in major metals, energy, and agricultural products [2] - Marex has access to 60 exchanges and serves a diverse client base, including large commodity producers, consumers, traders, banks, hedge funds, and asset managers [2] - The company operates over 40 offices globally, employing more than 2,400 staff across Europe, Asia, and the Americas [2]