Dela. Supreme Court tightens test for demand futility in derivative lawsuits – Reuters
(Reuters) – It’s been a tough week for longstanding precedent – and for shareholders claiming corporate wrongdoing — in the Delaware Supreme Court. On Monday, in Brookfield Asset Management Inc v. Rosson, the justices explicitly overturned a 15-year-old case that allowed shareholders to bring direct claims against controlling shareholders for diluting the value of their […]
In battle of pumpkin spice vs. apple, one fall flavor has the edge – Yahoo Finance
Starbucks’ (SBUX) famous Pumpkin Spice Latte has not only helped boost the coffee chain’s foot traffic, but also social media conversations about the classic fall flavor. Social media analytics company Sprout Social compiled data on volume, keywords and conversation trends between August 1 and September 21. The firm found that pumpkin is still the most […]
THE CITY OF DUNCANVILLE, TEXAS, ANNOUNCES THE APPOINTMENT OF A NEW FINANCE DIRECTOR – duncanville.com
September 24, 2021 The City of Duncanville is pleased to announce the selection and appointment of Edena J. Atmore as Finance Director, effective September 16, 2021. She assumes this role after serving the City as Interim Finance Director since June of 2021. As Finance Director, Ms. Atmore will continue to report directly to Duncanville City […]
Stock market news live updates: Stocks slip after S&P 500’s best day since July – Yahoo Finance
Stocks gave back gains after equities’ best day since July, with some volatility returning to markets as regulatory concerns in China at least temporarily offset optimism over the U.S. economic recovery. The S&P 500 fluctuated between small gains and losses. A day earlier, stocks posted a back-to-back session of advances, with equity investors looking past […]
Former BofA director joins Broadridge to oversee derivatives clearing product management – The TRADE News
A former Bank of America derivatives specialist has joined Broadridge Financial Solutions to head up the product management of its derivatives clearing business globally. Mike Johnson joins Broadridge after serving at Bank of America for over 30 years, spending half of that tenure in exchange-traded derivatives and 10 years in repo trading. Originally joining the […]
LIBOR Transition: Derivatives News From CME Group – Finance and Banking – United States – Mondaq News Alerts
United States: LIBOR Transition: Derivatives News From CME Group 24 September 2021 Duane Morris LLP To print this article, all you need is to be registered or login on Mondaq.com. CME Group, the Term SOFR administrator, recently made a couple of important announcements. First, its Term SOFR data are now available for licensing for use […]
Broadridge appoints Global Product Manager for Derivatives Clearing – HedgeWeek
Broadridge has hired Mike Johnson as Vice President, Global Product Manager of Derivatives Clearing. In his new role, Johnson will be responsible for the continual enhancement, growth and quality of Broadridge’s leading global cleared derivatives platform, and leveraging strategic client and industry partnerships. He will also be responsible for ensuring clients receive first class service […]
Phthalic Anhydride and Derivatives Market – Is North America Remain Biggest Opportunity? | M/A-COM,Vishay – Stillwater Current – Stillwater Current
The Phthalic Anhydride and Derivatives Market report objectives focus on business improvements, market position, deals platforms, distributors, and Porter’s Five Forces analysis. The research study covers market status, competitive landscape, growth rate, market share, future trends, and the industry’s global outlook. The report contains an in-depth investigation of the worldwide Phthalic Anhydride and Derivatives market, underlining the […]
Hedging Derivatives Under Rule 18f-4: Not An “All Or None” Exclusion – Finance and Banking – United States – Mondaq News Alerts
United States: Hedging Derivatives Under Rule 18f-4: Not An “All Or None” Exclusion 24 September 2021 Perkins Coie LLP To print this article, all you need is to be registered or login on Mondaq.com. This post will address another ambiguity in the “10% buffer” Rule 18f-4 provides for excluding the notional amount of derivative transactions […]
Barclays Sued for $326 Million in Dutch Derivatives Case – Yahoo Finance
(Bloomberg) — Most Read from Bloomberg Barclays Plc was sued for 279 million euros ($326 million) for its alleged involvement in a derivatives debacle that nearly put a Dutch affordable-housing provider out of business. Stichting Vestia came close to collapse in 2012, after racking up more than 2 billion euros in losses after derivatives that […]