NASDAQ
QCM: Akazoo is a ‘castle of cards’
The Quintessential Capital Management fund, whose managing partner Gabriel Grego was instrumental in revealing the true state of Greek jewelry company Folli Follie, has now claimed in a report that music streaming company Akazoo SA will be the next Greek enterprise to crumble. Akazoo, listed on the Nasdaq since last September, is accused of trying to profit at its shareholders' expense.
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Capital Link Shipping Forum turns digital
Capital Link announced it has switched its 14th Annual International Shipping Forum into a digital conference, set to take place on March 30 and 31.
The event, co-organized in partnership with Citi, was originally scheduled to take place in New York, but has now been transformed into a global digital forum, with presentations and panel sessions to be delivered in video format.
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Chinese Online Real Estate Platform Debuts on the US Stock Market
Fangdd Network Group, China's leading online real estate platform, is scheduled to be listed on the US stock exchange next week.
The Owner of One of the Biggest TV Networks in Bulgaria is Looking for a Buyer or Investor
The owner of the five bTV television channels and Ring TV in Bulgaria is launching a process of exploring and evaluating the potential strategic alternatives to them in order to maximize the benefits for the shareholders. Among the possibilities is the sale of part of the assets and of all Central European Media Enterprises or a merger with a strategic partner.
Nasdaq no longer has stake in Borsa Istanbul: Stock exchange website
Nasdaq no longer has a stake in Borsa Istanbul, according to partnership structure data on the Turkish stock exchange's website on Sept. 26, having previously held a 7 percent stake.
Facebook shares dive on weak outlook, weighing on Nasdaq
Facebook shares dived nearly 20 percent early Thursday after it signaled it expects weaker growth, pushing the Nasdaq decisively lower.
Turkey’s Burger King chain files for IPO in US
TFI TAB Food Investments (TFI TAB Gıda), the Turkish company that controls the largest international Burger King franchise, filed on Nov. 13 with the U.S. Securities and Exchange Commission (SEC) to raise up to $400 million in an initial public offering in New York’s Nasdaq.
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Federation of Euro-Asian Stock Exchanges moves headquarters from Istanbul to Yerevan
The Federation of Euro-Asian Stock Exchanges (FEAS) decided to move its headquarters from Istanbul to Yerevan during an extraordinary general assembly meeting in Tehran on May 16.
In a written statement on May 17, the organization said a majority of members of the general assembly had decided to relocate FEAS' headquarters to Armenia after 22 years of operations in Turkey.
Nasdaq hits another record high
Us stocks were mixed, on Wednesday, in the stock market in Wall Street.
The Nasdaq ended the day at 5283.93, up 0.2% or 8 points from its previous closing high set Tuesday.
Slightly down were the Dow Jones industrial average and the broad Standard & Poor’s 500, which both lost less than 0.1%.
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Borsa Istanbul launches single trading sessions
Turkey's main stock exchange, Borsa Istanbul, has begun single trading sessions, using technology from its partner, the U.S. NASDAQ exchange, it said in a statement on Nov. 30.
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