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Good morning, traders. Happy Friday, November 22nd. Without the news and animal spirits moving markets, you will not make it through today. My name is Kevin Travers, and the S&P 500 and market climbed this morning, here is what's moving:
$Super Micro Computer (SMCI.US)$ climbed 15%, after earlier this week, the firm said it submitted a plan to release its six-month delayed 10k with a new auditor, BDO USA, and filed for a time extension to file it...
$Super Micro Computer (SMCI.US)$ climbed 15%, after earlier this week, the firm said it submitted a plan to release its six-month delayed 10k with a new auditor, BDO USA, and filed for a time extension to file it...
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$Cardano (ADA.CC)$ Going home now.
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Hi mooers! ![]()
The Federal Reserve is scheduled hold FOMC meeting and press conference on November 7. This is crucial for the future trajectory of the U.S. and global economy.
The Commerce Department's personal consumption expenditures (PCE) price index, closely watched by the Federal Reserve, increased 0.2% month-over-month in September. Excluding food and energy, the September PCE price index rose 0.3% MoM and 2.7% YoY. On ...
The Federal Reserve is scheduled hold FOMC meeting and press conference on November 7. This is crucial for the future trajectory of the U.S. and global economy.
The Commerce Department's personal consumption expenditures (PCE) price index, closely watched by the Federal Reserve, increased 0.2% month-over-month in September. Excluding food and energy, the September PCE price index rose 0.3% MoM and 2.7% YoY. On ...
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Construction: $GAMUDA (5398.MY)$ $SUNCON (5263.MY)$ $BNASTRA (7195.MY)$ $IJM (3336.MY)$ $WCT (9679.MY)$
Telecommunication: $CDB (6947.MY)$ $MAXIS (6012.MY)$ $TM (4863.MY)$
Technology: $VITROX (0097.MY)$ $GREATEC (0208.MY)$ $FRONTKN (0128.MY)$ $Taiwan Semiconductor (TSM.US)$ $MYEG (0138.MY)$
Healthcare: $IHH (5225.MY)$ $HARTA (5168.MY)$
Transportation: $AIRPORT (5014.MY)$ $WPRTS (5246.MY)$
Plantation: $UTDPLT (2089.MY)$ $SOP (5126.MY)$ $KMLOONG (5027.MY)$ $JPG (5323.MY)$
All analytics notes are vi...
Telecommunication: $CDB (6947.MY)$ $MAXIS (6012.MY)$ $TM (4863.MY)$
Technology: $VITROX (0097.MY)$ $GREATEC (0208.MY)$ $FRONTKN (0128.MY)$ $Taiwan Semiconductor (TSM.US)$ $MYEG (0138.MY)$
Healthcare: $IHH (5225.MY)$ $HARTA (5168.MY)$
Transportation: $AIRPORT (5014.MY)$ $WPRTS (5246.MY)$
Plantation: $UTDPLT (2089.MY)$ $SOP (5126.MY)$ $KMLOONG (5027.MY)$ $JPG (5323.MY)$
All analytics notes are vi...
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Business partner sues for "accounting fraud", Genting Malaysia faces a demand for nearly 2.6 billion.
(Kuala Lumpur News on the 14th) Genting Malaysia $GENM (4715.MY)$ Being suspected of "accounting fraud", the partner of RW Bimini in the Bahamas is being sued to recover $0.6 billion USD (approximately 2.575 billion Ringgit) in compensation.
Genting Malaysia reported to Bursa Malaysia today that its wholly-owned U.S. subsidiary, Genting Americas (GAI), was sued by RAV Bahamas Limited (RAV) in the Southern District Federal Court of Florida on October 7 local time, with the lawsuit notice served to GAI on October 11.
In a statement, the lawsuit involves the operational matters of Resorts World Bimini in the Bahamas, with RAV seeking damages of over 0.6 billion US dollars.
In response, Genting Malaysia stated in the announcement: "GAI believes the lawsuit is baseless and entirely without merit, and will actively defend against it."
Resorts World Bimini, owned and operated by BB Entertainment Limited, with Genting Malaysia indirectly holding 78% of the company's shares, while RAV holds the remaining 22%.
According to the Asian gambling industry magazine "Asia Gaming", as quoted by the local media, RAV alleged in the lawsuit that Genting Malaysia, as a major shareholder, transferred nearly 1 billion US dollars (approximately 4.291 billion ringgit) of debt to Resorts World Genting...
(Kuala Lumpur News on the 14th) Genting Malaysia $GENM (4715.MY)$ Being suspected of "accounting fraud", the partner of RW Bimini in the Bahamas is being sued to recover $0.6 billion USD (approximately 2.575 billion Ringgit) in compensation.
Genting Malaysia reported to Bursa Malaysia today that its wholly-owned U.S. subsidiary, Genting Americas (GAI), was sued by RAV Bahamas Limited (RAV) in the Southern District Federal Court of Florida on October 7 local time, with the lawsuit notice served to GAI on October 11.
In a statement, the lawsuit involves the operational matters of Resorts World Bimini in the Bahamas, with RAV seeking damages of over 0.6 billion US dollars.
In response, Genting Malaysia stated in the announcement: "GAI believes the lawsuit is baseless and entirely without merit, and will actively defend against it."
Resorts World Bimini, owned and operated by BB Entertainment Limited, with Genting Malaysia indirectly holding 78% of the company's shares, while RAV holds the remaining 22%.
According to the Asian gambling industry magazine "Asia Gaming", as quoted by the local media, RAV alleged in the lawsuit that Genting Malaysia, as a major shareholder, transferred nearly 1 billion US dollars (approximately 4.291 billion ringgit) of debt to Resorts World Genting...
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