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(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, the majority of analysts had a buy or equi
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.