Starwood Capital’s Trouble in Israel Deepens Over Defaulted Bond Offering

First American News LLC-Raleigh, NC: Lawsuit alleges Starwood misrepresented and omitted some risks in prospectus. Israel’s securities regulator said it would financially support a class-action suit involving a soured Starwood Capital Group bond deal, a move that comes as that country’s once-popular debt market with U.S. real-estate investors is getting tougher on some foreign companies. […]

NYSE and Nasdaq Halt Trading in Russian Stocks

The New York Stock Exchange and the Nasdaq Stock Market halted trading of several U.S.-listed Russian stocks this morning in the wake of tough new sanctions imposed by Washington in response to the invasion of Ukraine. NYSE’s website said the exchange had halted the trading of Russian telecom operator Mobile TeleSystems PJSC, mining and steel […]

Stocks Open Lower, Oil Leaps as Ukraine Crisis Deepens

U.S. stocks slid, oil prices jumped and Russian authorities scrambled to keep a grip on domestic markets, as investors rushed to adjust to geopolitical developments including new sanctions against Russia. The S&P 500 index dropped 1.3% in early Monday trading, while the tech-heavy Nasdaq Composite Index declined 0.8%. The Dow Jones Industrial Average fell more […]

The Stock Market Finishes a Turbulent Week Following News Of Russia’s Invasion Into Ukraine

First American News LLC-Raleigh, NC: The stock market capped a turbulent week by rallying Friday, as investors furiously shifted bets on how the Federal Reserve will proceed with interest-rate increases in the wake of Russia’s invasion of Ukraine. Investors bought the dip across markets over the last two days, wading back into risky assets from […]