Central banks increased their gold reserves last month, with China’s central bank buying 15 tonnes—the largest purchase this year and marking 20 consecutive months of accumulation. This buying occurred as gold prices fell below key technical levels, including the 200-day moving average and $4,000 an ounce. Despite gold's price struggles, persistent central bank demand is providing crucial support, suggesting a solid price floor around $4,000. Analysts expect official-sector gold buying to strengthen in the second half of the year amid ongoing de-dollarization trends and recovering global energy markets.
Pomerantz LLP is investigating Oxford Industries and some of its executives for potential securities fraud following the company's significant reduction in its 2026 revenue guidance and lower-than-expected Q2 sales projections. This announcement caus...
Enerpac Tool Group announced it will acquire Specialized Fabrication Equipment Group (SFE Group) for approximately $472 million in cash. The acquisition adds a portfolio of 12 premium industrial tool brands and expands Enerpac’s presence in higher-gr...
Pomerantz LLP is investigating ON Semiconductor Corporation for potential securities fraud following its announcement to acquire Synaptics Incorporated in an all-stock deal valued at around $7 billion. The deal offers Synaptics shareholders 1.35 ON S...
Nasdaq announced that Pitanium Limited's securities will be delisted from the Nasdaq Stock Market on July 16, 2026, unless the company appeals the decision. Trading of Pitanium shares has been halted since October 18, 2025, following a suspension by ...
Nasdaq has notified Platinum Analytics Cayman Limited that its securities will be delisted from the Nasdaq Stock Market on July 16, 2026, unless the company appeals. Trading in the company's shares has been halted since October 18, 2025, following a ...
