The founders of Fortress Real Developments have been sentenced to five years in prison following their conviction in one of Ontario’s most high-profile syndicated mortgage investment fraud cases. The RCMP announced earlier this month that Jawad Rathore and Vincenzo Petrozza, described by the court as the figureheads behind Fortress, were each convicted of one count [...]
U.S. Global Investors (NASDAQ:GROW – Get Free Report) posted its earnings results on Friday. The asset manager reported ($0.07) EPS for the quarter, Zacks reports. U.S. Global Investors had a return on equity of 1.86% and a net margin of 10.04%. U.S. Global Investors
Playtika (NASDAQ:PLTK – Get Free Report) had its price target decreased by equities researchers at Citigroup from $7.00 to $5.50 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Citigroup’s price target would indicate a potential
Omnicom Group (NYSE:OMC – Get Free Report) had its price target hoisted by equities research analysts at Citigroup from $103.00 to $115.00 in a note issued to investors on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the business services provider’s stock. Citigroup’s
Rice millers in Haryana face challenges due to only four FRK suppliers for 1,400 millers. Shortages lead to delivery delays, inflated prices, and potential black marketing. Millers demand more suppliers, like Punjab's 109, and government intervention to meet CMR deadlines. Read Full Article →
