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Ten large banks including Bank of America, Goldman Sachs and JPMorgan Chase will pay $46 million to settle a long-running antitrust lawsuit accusing them of conspiring to rig the now $465.9 trillion market for interest rate swaps. Lawyers for investors filed a preliminary settlement to end the eight-year-old nationwide case on Thursday in Manhattan federal court. The settlement requires approval by U.S. District Judge Paul Oetken, and boosts the value of all settlements in the case to $71 million.
Nokia CorporationInside Information 27 June 2024 at 23:50 EEST Inside Information: Nokia to acquire Infinera to increase scale in Optical Networks and accelerate product roadmap Creates a highly scaled and truly global optical business with increased in-house technology capabilities and vertical integration.Strengthens Nokia’s optical position, specifically in North America.Accelerates Nokia’s customer diversification strategy, expanding webscale presence.Targeted net comparable operating profit
Oslo, 27 June 2024 Reference is made to the stock exchange notice published by Ensurge Micropower ASA (the "Company") on 13 May 2024 regarding the completion of a private placement raising gross proceeds of approximately NOK 85 million (the "Private Placement") and a potential subsequent offering on the same terms and conditions as in the Private Placement directed towards eligible shareholders (the "Subsequent Offering"). The board of directors of the Company has decided not to proceed with the
The kinkajou, a small tropical mammal, was transported to the Point Defiance Zoo in Tacoma, where he will "undergo a comprehensive wellness exam."
Paramount has been pulling down old show content from websites for channels like Comedy Central, CMT and TV Land.
Meta Platforms broke out Thursday while software stocks led, extending June's big rebound. The Biden-Trump debate and Fed inflation gauge loom.
NEW YORK, June 27, 2024--BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Municipal Income, Inc., BNY Mellon Strategic Municipal Bond Fund, Inc. and BNY Mellon Strategic Municipals, Inc. (each, a "Fund") have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable July 31, 2024 to shareholders of record on July 15, 2024, with an ex-dividend date of July 15, 2024.
WILMINGTON, N.C., June 27, 2024 (GLOBE NEWSWIRE) -- Live Oak Bancshares announced today that its Board of Directors has appointed Michael J. Cairns as Chief Credit Officer, effective August 1, 2024. Cairns will serve as CCO for both Live Oak Bancshares and Live Oak Bank and succeeds Steven J. Smits who has served in the position for 9 years. Smits is taking on a new role as head of commercial banking. “Steve’s work and leadership have contributed greatly to Live Oak’s impeccable credit culture.
The global electric vehicle test equipment market size is estimated to grow by USD 212.5 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 30.08% during the forecast period. Growing EV automotive industry is driving market growth, with a trend towards emergence of digital testing. However, lack of appropriate skillsets for testing poses a challenge. Key market players include Arbin Instruments, ATESTEO GmbH and Co. KG, AVL List GmbH, Chroma ATE Inc., co
WILMINGTON, N.C., June 27, 2024--The PPD clinical research business announced the expansion of its central laboratory operations in Kentucky.