INTL FCStone Inc Announces GAIN Capital Holdings, Inc. Stockholders Approval of Acquisition
“I think there is a possibility of, sooner or later, the stock price falling by 95%,” said Jay Ritter, a professor and expert on initial public offerings of stock at the University of Florida’s Warrington College of Business. Truth Social launched in February 2022, one year after Trump was banned from major social platforms including Facebook and X, formerly Twitter, following the Jan. 6 insurrection at the U.S. Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. Insiders own 17% of GAIN Capital Holdings shares, worth about US$27m. We’ve certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
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- TIS (Treasury Intelligence Solutions Inc), a leading cloud platform vendor for corporate payments, announced today that it has appointed Chris Calhoun as CEO, Americas, as part of its commitment to its…
In light of these risks, uncertainties and assumptions, the forward-looking statements in this press release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements. When you consider these forward-looking statements, you should keep in mind these risk factors and other cautionary statements in this press release. Trump Media & Technology Group Corp. merged Monday with a blank-check compan y called Digital World Acquisition Corp. Trump Media, which runs the social media platform Truth Social, has now taken Digital World’s place on the Nasdaq stock exchange. Part of StoneX Group, Inc., GAIN Capital FOREX.com Australia Pty Ltd. is an Australian company that provides online foreign exchange trading services.
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TIS (Treasury Intelligence Solutions Inc), a leading cloud platform vendor for corporate payments, announced today that it has appointed Chris Calhoun as CEO, Americas, as part of its commitment to its… Please log in to your account or sign up in order to add this asset to your watchlist.
GAIN Capital
© 2024 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. Another risk, the company said, was that as a controlling stockholder, Trump would be entitled canadian forex brokers to vote his shares in his own interest, which may not always be in the interests of all the shareholders generally. If the former president were to limit or discontinue his relationship with the company for any reason, including due to his campaign to regain the presidency, the company “would be significantly disadvantaged,” it said in a filing ahead of the merger with Digital World.
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INTL FCStone Inc., through its subsidiaries, is a leading provider of execution, risk management and advisory services, market intelligence, and clearing services across asset classes and markets around the world. We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. If you spot an error that warrants correction, please contact the editor at editorial- This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation.
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For one, they’re betting on a company with uncertain prospects of turning a profit. Trump Media lost $49 million in the first nine months of last year, when it brought in just $3.4 million in revenue and had to pay $37.7 million in interest expenses. So you may wish to see this free collection of high quality companies. All market data (will open in new tab) is provided by Barchart Solutions. Provides a general description of the business conducted by this company. NEW YORK, May 05, (GLOBE NEWSWIRE) — Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the board members of GAIN Capital…
Part of StoneX Group, Inc., GTX SEF LLC is a private company that provides online foreign exchange trading services. It’s quite normal to see company insiders, such as board members, trading in company stock, from time to time. However, such insiders must disclose their trading activities, and not trade on inside information. StoneX Financial Pty Ltd. is a forex and Australian CFD trading company with 40 years of experience.
The only individual insider to buy over the last year was Joseph Schenk. This press release includes forward-looking statements including statements regarding the combined company. All statements other than statements of current or historical fact contained in this press release are forward-looking statements. Information is provided ‘as is’ and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab). The Barchart Technical Opinion widget shows you today’s overally Barchart Opinion with general information on how to interpret the short and longer term signals.
Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment. Brian Dunn, director of the Institute for Compensation Studies at Cornell University, compared the fervor for Trump Media shares to the meme stock craze that boosted interactive brokers shares of companies such as GameStop and AMC Entertainment to exorbitant heights in 2021. For that long term, though, skeptics see struggles ahead for a company that’s estimated to have far fewer users than rivals in a business where gaining a critical mass is key.
Many of those investing in Trump Media are small-time investors either trying to support Trump or aiming to cash in on the mania, instead of big institutional and professional investors. Those shareholders helped the stock of Digital World more than double this year in anticipation of the merger going through. Shares closed at $57.99, up 16.1%, giving the company a market value of $7.85 billion. Trump holds a nearly 60% ownership stake in the company, now worth about $4.6 billion. Approximately 83.2 percent of GAIN’s shares issued and outstanding as of the close of business on April 23, 2020, the record date for the special meeting, were present in person or by proxy at the meeting. Holders of approximately 71.2 percent of GAIN’s shares issued and outstanding as of the close of business on the record date voted in favor of the proposal to adopt the Merger Agreement, representing approximately 85.7 percent of votes cast (excluding abstentions).
So take a peek at this free list of growing companies with insider buying. These forward-looking statements speak only as of the date of this press release. INTL FCStone Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements. The Company anticipates that the merger will be completed during the fourth fiscal quarter of 2020, subject to the satisfaction or waiver of the remaining customary conditions to closing, including among other things, receipt of required regulatory approvals. As part of the transaction, INTL intends to make an offer at closing to repurchase GAIN’s $92 million convertible notes due 2022.
Use this form to submit website feedback and suggestions, or to inform us about website issues. If you are a market participant, investor, or member of the public in need of assistance or information related to OSC programs and services, or you wish to make a complaint or submit a tip, please visit our contact page for the broker finexo relevant contact information. GAIN Capital was founded in 1999 in Bedminster, New Jersey, and was one of the early developers of online forex trading. On Monday, Trump told reporters that “Truth Social is doing very well. It’s hot as a pistol and doing great.” On Tuesday, he posted “I LOVE TRUTH SOCIAL, I LOVE THE TRUTH!