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Financial Management
Raistone and Quartix | October 19, 2022
Raistone today announced it has entered a new supply chain finance partnership with Quartix to provide out-of-the-box digital cash flow opportunities to mid-market companies that have long been deprived adequate innovative funding solutions from banks and legacy financial institutions. Quartix and Raistone have partnered to combine cutting-edge financial technology and efficient capital to offer new financial tools to mid-market manufacturing and distribution clients, enabling the...
Investing.com | April 27, 2020
U.S. stock markets opened higher on Monday, as negative news surrounding Apple (NASDAQ:AAPL) and General Motors (NYSE:GM) tempered hopes fanned by the partial easing of lockdown measures in New York and Europe. By 10:10 AM ET (1410 GMT), the Dow Jones Industrial Average was up 173 points or 0.7% at 23,948 points. The S&P 500 was up 0.9% and the Nasdaq Composite was up 1.2%. Apple (NASDAQ:AAPL) stock lagged the market, rising only 0.1%, after it was reported by the Wall Street J...
Tesla | January 21, 2020
There’s a new Tesla bull on the block on Wall Street, with an analyst boosting his price target to $800 Tuesday, the highest on the sell side at present. Tesla (NASDAQ:TSLA) shares jumped 5.9% in morning trading. New Street Research analyst Pierre Ferragu, who already has a buy rating on shares, hiked his price target to $800 from $530, noting that key elements of the research firm’s bullish thesis through 2025 have been validated over the past year-and-a-half. "We stick to our ...
Finacity | January 29, 2020
Finacity Corporation (“Finacity”), a member of the Greensill family of companies, announces the close of a trade receivables securitization for Nitron Group LLC (“Nitron”). The facility supported by Nitron’s global receivables portfolio allows for up to $200 million in funding. Finacity provided analytic and structuring support, as well as serving as the ongoing Transaction Administrator. The program is the latest deal struck since Finacity joined Greensill in June ...
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