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CAP

Telco Company Accused of Fraud by HPS Seeks to Subpoena Vendor

The chief restructuring officer for Broadband Telecom, a company that has been accused of fraud by lenders including HPS Investment Partners, is seeking court approval to initiate an examination into a key Indian vendor with links to the founder and owner of the bankrupt firm.

The chief restructuring officer for Broadband Telecom, a company that has been accused of fraud by lenders including HPS Investment Partners, is seeking court approval to initiate an examination into a key Indian vendor with links to the founder and owner of the bankrupt firm.
Bloomberg Markets ā€¢ Dec 11, 10:48 PM
REG

Tanker Seizure Just the Start as Trump Ups Pressure on Venezuela

The seizure of an enormous oil supertanker off the coast of Venezuela on Wednesday is just the beginning of a new phase in the Trump administrationā€™s ramped-up pressure campaign against Nicolas Maduro, according to people familiar with the operation.

The seizure of an enormous oil supertanker off the coast of Venezuela on Wednesday is just the beginning of a new phase in the Trump administrationā€™s ramped-up pressure campaign against Nicolas Maduro, according to people familiar with the operation.
Bloomberg Politics ā€¢ Dec 11, 10:47 PM
CAP

Asian Futures Rise as Stocks Reach Record Highs: Markets Wrap

Asian stocks were set for a strong start Friday after US shares hit a fresh record, with optimism around the Federal Reserveā€™s easing cycle helping offset concerns about heavy AI-infrastructure spending.

Asian stocks were set for a strong start Friday after US shares hit a fresh record, with optimism around the Federal Reserveā€™s easing cycle helping offset concerns about heavy AI-infrastructure spending.
Bloomberg Markets ā€¢ Dec 11, 10:43 PM
CAP

Asia Stocks Rise at Open After S&P 500 Hits Record: Markets Wrap

Asian stocks opened higher after US shares and a broader gauge of global equities hit fresh records, helped by the Federal Reserveā€™s third consecutive interest-rate cut.

Asian stocks opened higher after US shares and a broader gauge of global equities hit fresh records, helped by the Federal Reserveā€™s third consecutive interest-rate cut.
Bloomberg Markets ā€¢ Dec 11, 10:43 PM
CAP

Asian Stocks Jump After Global Gauge Hits New Peak: Markets Wrap

Asian stocks rallied after gauges of US and global equities hit fresh records, with sentiment boosted by this weekā€™s Federal Reserveā€™s rate cut and its upbeat assessment of the US economy.

Asian stocks rallied after gauges of US and global equities hit fresh records, with sentiment boosted by this weekā€™s Federal Reserveā€™s rate cut and its upbeat assessment of the US economy.
Bloomberg Markets ā€¢ Dec 11, 10:43 PM
CAP

Asian Stocks Head for Highest Close in a Month: Markets Wrap

Asian stocks rallied after gauges of US and global equities hit fresh records, with sentiment boosted by this weekā€™s Federal Reserveā€™s rate cut and its upbeat assessment of the US economy.

Asian stocks rallied after gauges of US and global equities hit fresh records, with sentiment boosted by this weekā€™s Federal Reserveā€™s rate cut and its upbeat assessment of the US economy.
Bloomberg Markets ā€¢ Dec 11, 10:43 PM
CAP

Global Stocks Hit All-Time Highs as Rally Widens: Markets Wrap

Global stock gauges have record highs in their sights after a week in which affirmation that the Federal Reserveā€™s interest-rate easing cycle remains intact helped clear the way for a year-end rally.

Global stock gauges have record highs in their sights after a week in which affirmation that the Federal Reserveā€™s interest-rate easing cycle remains intact helped clear the way for a year-end rally.
Bloomberg Markets ā€¢ Dec 11, 10:43 PM
MA

Farmers National Banc Corp to Acquire Middlefield Banc Corp in Strategic Merger

Farmers National Banc Corp has announced its intention to merge with Middlefield Banc Corp, creating a combined entity poised for growth in the Ohio banking sector. Under the terms of the merger, Middlefield shareholders will receive 2.6 shares of Farmers common stock for each share they hold, valued at approximately $36.22 based on recent market prices.

In a significant move within the Ohio banking landscape, Farmers National Banc Corp (FMNB) has entered into a definitive merger agreement to acquire Middlefield Banc Corp (MBCN). This merger, confirmed by both boards of directors, is set to consolidate the two banks, with Farmers continuing as the surviving entity. The merger is expected to provide strategic benefits, enhancing operational efficiencies and expanding market reach in the region. At the heart of this transaction is the...
USFM ā€¢ Dec 11, 10:20 PM