Stock Market Update With U.S. stock markets set to open in two hours, here is a brief overview of pre-market trading: Discover Financial Services (DFS) was up 14.9% GlobalFoundries Inc. (GFS) was up 7.3% Immunovant Inc. (IMVT), AngloGold Ashanti PLC (AU), and Bausch + Lomb Corp. (BLCO) were all posting gains of at least 5% Host Hotels & Resorts Inc. (HST) fell 8.6% Globe … [Read more...] about Stock Market Update
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Olam Group Denies Allegations of Multi-Billion Dollar Fraud
Olam Group has strongly refuted recent news reports claiming that its Nigerian units and subsidiaries were involved in a significant fraud valued in the billions of dollars. The company dismissed these allegations as "baseless and inflammatory statements" in a filing to the Singapore exchange. The reports, sourced from the Daily Nigerian newspaper and Prime Business Africa, … [Read more...] about Olam Group Denies Allegations of Multi-Billion Dollar Fraud