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Latest Financial News
New York Fed Releases September Manufacturing Survey as Factory Conditions Shift
New York manufacturing activity remained in expansion territory in September, but the headline index fell to 7.6 from 20.6 in August as orders cooled, work hours rose and…
AIG Board Leadership Change Takes Effect as John Rice Becomes Chair
Rice succeeds Peter Zaffino, who leaves AIG’s board and Executive Chair role to become a Senior Advisor after the insurer’s CEO handoff earlier this year.
Baxter Finance Leadership Change Takes Effect With Interim CFO Departure
Andrew Hider is serving as interim CFO until John Rogers starts October 1, while Bernie Heine temporarily takes over Baxter’s accounting leadership.
ICZOOM 1-for-5 Share Consolidation Takes Effect on Nasdaq
ICZOOM’s Class A shares began trading on a split-adjusted basis under IZM on Sept. 15, with the 1-for-5 consolidation aimed at restoring compliance with Nasdaq’s $1 minimum bid-price…
Rainier Acquisition Shares and Warrants Begin Separate Nasdaq Trading
The SPAC’s Class A ordinary shares trade under RNAQ and its warrants under RNAQW, while unseparated units remain listed as RNAQU.
New York Fed Moves Agency MBS Operations to FedTrade Plus
The September 15 cutover changes the auction platform for outright agency mortgage-backed securities operations, while the New York Fed says operating parameters are unchanged.
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