Latest Financial markets Stories
CAMPBELL, Calif., June 19, 2013 /PRNewswire/ -- GraphOn Corporation (OTCQB:GOJO), today announced the closing of a warrant exercise funding, providing gross proceeds to the company of $2.34 million. Investors holding warrants to purchase 9 million shares, originally issued in GraphOn's 2011 equity private placement transaction, have exercised those warrants to purchase the underlying shares of common stock at the original $0.26 per share exercise price. Under the Warrant Exercise...
Editor Note: For more information about this release, please scroll to bottom. LONDON, June 19, 2013 /PRNewswire/ -- The U.S. Supreme Court last year upheld President Obama's Affordable Care Act (ACA), paving the way for the biggest overhaul of the U.S. healthcare sector in decades. The ACA goes into full effect next year. The reform has generally been welcomed by healthcare companies which expect to benefit from it in the long-term. One of the biggest beneficiaries of the...
LONDON, June 19, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. Drug manufacturers in the U.S., as well as globally, have been facing increasing competition from generic drug makers following the expiration of patents on several blockbuster drugs. In 2013 alone, patents on drugs with annual sales of nearly $30 billion are set to expire. This will lead to further generic competition. The "patent cliff" has created...
LONDON, June 19, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. Mobile computing has emerged as one of the major trends in the U.S., as well as in the global, tech sector. The growth in mobile computing has come at the expense of the PC market. With more and more people switching to smartphones and tablets, the shift to mobile computing is expected to continue. The key for technology companies, therefore, will be to...
New Service Ushers in First Phase of “Build-Your-Own” Monetization Plan; Second Phase, for Individuals, Coming Soon San Mateo, CA (PRWEB) June 18, 2013 Motif Investing, the company that pioneered low-cost, ideas-based stock investing, has launched an online “community catalog” of new motifs, or theme-based collections of securities, created by its user community. As part of the launch, professional investment advisors and brands can be compensated when customers purchase motifs...
Single, secure connection provides access to global, tier-one trading partners and liquidity venues. Herndon, VA (PRWEB) June 18, 2013 CFN Services (http://www.cfnservices.com), a leading provider of managed IT services to the financial services industry, announced the debut of TradingHUB™, the company’s highly secure cloud connecting liquidity venues worldwide with one single connection. As a vital source of connectivity for leading, security-conscious financial services players,...
Secure, Cloud-based Platform with Intuitive AlgoBuilder Reduces Complexity and Cost of Algo Trading for Individual Traders NEW YORK, June 18, 2013 /PRNewswire/ -- EquaMetrics Inc., a financial technology firm that is making algorithmic trading accessible to all traders, today launched its flagship product, RIZM(TM), a powerful visual programming tool that enables traders to build, test and deploy complex algo trading strategies without any knowledge of programming, coding or...
LONDON, June 18, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. 2012 was a challenging year for the U.S. as well as the global semiconductor industry as an uncertain economic environment led businesses to scale back on their spending for semiconductor products. The World Semiconductor Trade Statistics (WSTS), in a recent report, said that the global semiconductor market is expected to recover gradually in 2013 with...
LONDON, June 18, 2013 /PRNewswire/ -- Formicary CalMon minimises down-time and removes need for staffed overnight monitoring A new early-warning system to monitor the Calypso trading, risk and processing platform has been launched by Formicary Limited, a leading provider of consultancy and integration software to the financial services industry. By automating all aspects of system monitoring, and removing the need for...
CHICAGO, June 17, 2013 /PRNewswire/ -- Spot Trading LLC, a leading proprietary trading firm, announced today that the National Association for Business Resources (NABR) is honoring the firm for the third consecutive year as one of "Chicago's 101 Best and Brightest Companies to Work For(TM)". Spot was the only trading firm to make the list of companies recognized this year for their innovative strategies and best practices in human resources. Spot Trading CEO Steve Brodsky said: "We...
