UK House Prices Continue to Decline Prior -2.3%; revised to -2.4% House prices +2.0% y/y Prior +4.7%; revised to +4.6% UK house prices continue its downtrend towards the end of last year, with the typical UK property now costing £281,272 – down from £285,425 in November. Halifax notes that: “We saw rapid house price growth…
Broad Capital Acquisition Corp Announces Postponement of Special Meeting of Shareholders Until January 10, 2023 Plano, Texas, Jan. 05, 2023 (GLOBE NEWSWIRE) Broad Capital Acquisition Corp (the “Company”) (Nasdaq: BRAC/BRACU/BRACR), a special purpose acquisition company, today announced that it has postponed the Special Meeting of Shareholders scheduled to occur on January 9, 2023 (the “Special…
Welcome to the Wild World of Securities Investigations What Happened in Monsey? It was a typical day in Monsey, N.Y., when the news broke – the law firm of Wohl & Fruchter LLP is investigating whether Fate Therapeutics, Inc. (Nasdaq: FATE) violated federal securities laws. Specifically, they’re looking into the sudden termination of Fate’s collaboration…
Unlocking Potential: Australia-China Trade Relations What the Future Holds for Australian Commodities A piece in Bloomberg cited remarks from Hans Hendrischke, professor of Chinese Business and Management at the University of Sydney. While Bloomberg is gated, the gist is that it is expected Australian commodities import restrictions will likely be gradually and unofficially eased. According…
A Closer Look at the Silvergate Capital Corporation Securities Class Action Lawsuit The recent announcement by Kaplan Fox & Kilsheimer LLP regarding a securities class action lawsuit involving Silvergate Capital Corporation has sent shockwaves through the investing community. In their official statement, the law firm notifies investors who acquired Silvergate securities between November 9, 2021,…
Fabio Panetta on Regulating Unbacked Cryptocurrencies Introduction Fabio Panetta, a Member of the Executive Board of the European Central Bank (ECB), recently made a case for regulating unbacked cryptocurrencies. He argues that these digital assets should be treated as gambling activities due to their speculative nature. Panetta’s Argument Panetta believes that vulnerable users of unbacked…
Regency Centers Invites You to Join Its Fourth Quarter 2022 Earnings Conference Call Exciting News Ahead! It’s that time of year again when Regency Centers Corporation, a leading national owner, operator, and developer of neighborhood and community shopping centers, will be unveiling its Fourth Quarter 2022 earnings results. The company has announced that the highly…
Daily Market Commentary: European Shares Stocks Decline European Shares Stocks registered a smooth decline in Europe on Thursday, as benchmarks pulled back towards newly established support levels following a three-day winning streak Healthcare and consumer cyclicals are among the top losers today, while the real estate sector and energy shares prevented indices from falling much…
