Man Wah Shares Soar on Trading Resumption After Rebutting Muddy Waters’ Claims Barron’s
Shares in Man Wah Holdings (1999.HK), the Hong Kong-listed furniture maker this week targeted by short-sellers, opened 25% higher after trading resumed Friday. The mid-cap stock plunged 15% on Wednesday after Carson Block, the head of research firm …
LMI Aerospace Shareholders Approve Merger Agreement for Acquisition by Sonaca Group EconoTimes
ST. LOUIS, June 08, 2017 — LMI Aerospace Inc. (Nasdaq:LMIA) shareholders, at a special meeting held today, approved the merger agreement for the Sonaca Group’s acquisition of LMI. Under the terms of the agreement, LMI shareholders will be entitled to …
http://ift.tt/2sODU6x Union Finance Minister Arun Jaitley signed the multilateral convention in Paris to implement tax treaty- related measures to prevent base erosion and profit shifting.
http://ift.tt/2ncR3Xp Brokerage firm cites better prospects for the firm based on improving pricing and demand-supply scenario for the industry going forward.
http://ift.tt/2nOzzgV The Dow Jones Industrial Average closed up 89.99 points, or 0.43 percent, to 20,894.83, the SP 500 gained 12.29 points, or 0.52 percent, to 2,394.02 and the Nasdaq Composite added 49.92 points, or 0.82 percent, to 6,133.62.
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MUMBAI (Reuters) – Indian digital payments firm Paytm launched a niche payments bank on Tuesday, aiming to acquire 500 million customers in the next three years, the company said in a statement.
NY Regulator Fights OCC’s ‘Destabilizing’ Fintech Charters Law360 (subscription)
Law360, New York (May 12, 2017, 7:34 PM EDT) — New York’s top bank regulator filed a lawsuit Friday seeking to block the Office of the Comptroller of the Currency from issuing special charters to financial technology firms, labeling the move as …