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Financial Crime Weekly: SEC Unravels Microcap Pump-And-Dump; $16M Penalty Ordered On Medsis Securities Fraud
County Line Energy Corp. (OTCMKTS:CYLC) Short Interest Down 32.6% in January
County Line Energy Corp. (OTCMKTS:CYLC) Short Interest Update
Fed Bullard: it's time to withdraw the Fed's stimulus measures
James Bullard, president of the Federal Reserve Bank of St. Louis, said he was ready to start slowing down the pace of central bank bond purchases, as long as his colleagues were willing to do so. "I think, with the economy growing at a rate of 7% and the epidemic getting better and better under control, I think it is time to cancel the emergency measures," he said in an interview on Monday. When it comes to the prospect of the Fed cutting back on Treasury and mortgage bond purchases, "We do want to proceed cautiously, but I think we are in a very good position to start reducing the size." "I don't need to leave tomorrow, but I think we are
Foxconn begins talks with Wisconsin about electric car plant
Foxconn has begun talks with the Wisconsin Economic Development Corporation to work with Fisker Inc. To build electric cars on the state's almost vacant Foxconn park, The Verge reported, citing a notice. "as part of the site selection process, Foxconn and Fisker have discussed electric vehicle manufacturing plans with the Wisconsin Economic Development Company," Foxconn said in a statement. A spokesman for the Wisconsin Economic Development Corporation told the The Verge that it would not comment on any possible discussions before implementing the contract.
Small investment banks that dare to stroke the tiger's beard: it's time for investors to sell Apple
Sales of Apple's flagship iPhone are likely to fall sharply and investors should leave before the share price plummets, according to a report from Newstreet Research. The tech giant reported second-quarter iPhone sales of nearly $48 billion, helping the company beat analysts' expectations for earnings and revenue. Several analysts say iPhone12 is part of Apple's new supercycle. However, Newstreet analyst Pierre Ferragu downgraded the stock from neutral to sell, and in a report to clients on Friday
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