July 22, 2016 BY Valentina Kirilova

Lexmark shareholders approve merger agreement

Enterprise software, hardware and services corporation Lexmark International, Inc. (NYSE: LXK) has announced that its shareholders have approved the definitive merger agreement under which Lexmark is to be acquired by a consortium of investors led by Apex Technology Co., Ltd. and PAG Asia Capital and including Legend Capital Management Co., Ltd. Upon completion of the transaction,…

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July 22, 2016 BY Valentina Kirilova

Spreadex 2016 profit hits £21.9 million – LeapRate Exclusive

LeapRate Exclusive... Last time we shared Spreadex annual report was 2015 and the comment was that the year was good for the shareholders of Spreadex.com. Well, since we're about to share their latest report, this year good should be replaced with great. UK sports and financial spreadbetting company Spreadex Limited, which has a May 31 financial year end,…

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July 22, 2016 BY Valentina Kirilova

HiWayFX launches news and analytics trading app

HiWayFX has recently launched HiWayFX Analytics, an innovative application that provides traders with a range of valuable features, from live currency news and key financial events to in-depth market analysis. The brand new app aggregates the latest analytical studies conducted by the leading specialists of Claws & Horns. Key benefits of the HiWayFX Analytics app…

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July 22, 2016 BY Valentina Kirilova

ASIC obtains asset-freezing orders against company secretary of Continental Coal Limited (in liquidation)

Following an ASIC application, the Federal Court in Perth has made asset preservation orders, by consent, against Ms Jane Rosemary Flegg, a Western Australia-based company secretary of ASX-listed company Continental Coal Limited (now in liquidation). ASIC obtained these orders in connection with its ongoing investigation into matters including the use of investors' subscription money at…

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July 22, 2016 BY Valentina Kirilova

Moscow Exchange shareholders to vote on consolidation of subsidiaries at EGM on 2 September

At its meeting on July 21, 2016, Moscow Exchange’s Supervisory Board resolved to call an Extraordinary General Meeting of Shareholders (EGM) to address the question of corporate restructuring of PJSC Moscow Exchange. The EGM will be asked to approve consolidation by PJSC Moscow Exchange of its 100%-owned subsidiaries CJSC MICEX Stock Exchange and MB Technologies…

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July 22, 2016 BY Valentina Kirilova

Peter Thiel is taking a stake in German Fintech startup nextmarkets

Peter Thiel, co-founder of Paypal and an early institutional investor in Facebook, is taking a stake in in Cologne based Fintech startup nextmarkets GmbH. nextmarkets, which was jointly launched by the founders and FinLab, obtained a seven-figure sum during this investment round, which will be used to finance further growth. Alongside Peter Thiel and FinLab…

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July 22, 2016 BY Valentina Kirilova

ESMA fines Fitch Ratings Ltd €1.38 million

The European Securities and Markets Authority (ESMA) has fined Fitch Ratings Limited (Fitch) €1.38 million for a series of negligent breaches of the Credit Rating Agencies (CRA) Regulation and has published the Decision of the ESMA Board of Supervisors and a Public Notice in relation to this action. ESMA has found certain senior analysts in…

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