Ivan Cosovic News Today

(Bloomberg) — Temenos AG plunged by nearly a third, slashing its market value by $2.1 billion, after Hindenburg Research took a short position and suggested serious flaws in the books of the Swiss provider of software for banks. The Swiss company denied the report, saying it contained “factual inaccuracies and analytical errors, together with false…

(Bloomberg) -- Almost no-one saw Adyen NV’s €18 billion ($20 billion) share plunge coming.Most Read from BloombergChina Evergrande Group Files Chapter 15 Bankruptcy in New York‘Poor Man’s Cocaine’ Costing $3 a Pill Threatens to ProliferateGoldman Plans Hiring Spree to Fix Lapses After Increased Fed ScrutinyNiger Soldiers Killed in Attacks by Armed Group, Ecowas SaysGlobal Yields Reach 15-Year Highs as Rate-Hike Worries BuildPrior to Thursday’s 39% drop, ...

Bridgewater is targeting 28 companies including Adidas and Siemens

Santander and ING caught up in mega-short as eurozone faces recession

A top Bank of England official has admitted that the central bank underestimated inflation, but insisted it wasn’t behind the curve in tackling the surge in prices.

Billionaire investor Ray Dalio is right to have bet big against European stocks, according to Beat Wittmann, partner at Porta Advisors.

This week’s reversal reflects the embrace of the stock by retail investors on social media and the new availability of options contracts tied to the company’s shares, traders and analysts say.

Top business schools research on activist shorts was sponsored Share The University of Sydney Business Schools research arguing that activist short sellers have cost Australian investors billions was sponsored by a secret “funding organisation”, which it refuses to name, and wont be released any time soon. The research was co-authored by Associate Professor Joakim Westerholm and Vycke Zheng Wu, and was subject to rigorous independent analysis, according to a university spokeswoman. The acad...