Cortland Capital Market Services LLC

Investment Management

Wells Fargo & Company | December 14, 2021

Wells Fargo & Company (NYSE: WFC) and HSBC Bank plc today announced an agreement to use a blockchain-based solution for the netting and settlement of matched foreign exchange (FX) transactions. Through this agreement, Wells Fargo and HSBC will jointly use a shared settlement ledger to process US dollar, Canadian dollar, British pound sterling and Euro transactions with plans to extend the platform to settle additional currencies in the near future. Utilizing blockchain technology, this solut...

Goldman | March 11, 2020

David Kostin just made a bold call: The 11-year-old bull market in U.S. stocks is about to become history. The chief strategist for U.S. equities at Goldman Sachs Group Inc. cut his year-end forecast for the S&P 500 while trimming his profit estimates for a second time in a month. Earnings will drop at least 12% in each of the next two quarters as plunging oil prices and the spread of the coronavirus hurt businesses, he said. With profits poised to collapse and sentiment to worsen, Kostin no...

Cloudian Inc | August 26, 2020

ASI Solutions-owned BEarena, Canberra-based Qirx, AI and robotic process automation company CU2 Global, and New Zealand specialist service provider and Fuji Xerox subsidiary CodeBlue are among Cloudian’s latest partners. The companies cited an increase in demand for highly scalable, cost-effective, S3-compatible storage as key reasons for teaming up with the object storage specialist....

Reuters | March 23, 2020

U.S. stocks futures pared losses on Monday after the Federal Reserve launched unprecedented measures to support U.S. households and companies, seeking to blunt the economic damage from the coronavrius pandemic. At 8:03 a.m. ET, Dow e-minis 1YMcv1 were down 233 points, or 1.22%. S&P 500 e-minis EScv1 were down 27.5 points, or 1.2% and Nasdaq 100 e-minis NQcv1 were down 53.5 points, or 0.77%....