By Nate RaymondBOSTON (Reuters) - Massachusetts’ top securities regulator has begun an investigation into trading platform Robinhood (NASDAQ:HOOD)’s decision to launch a prediction-markets hub that allows users to bet on the outcomes of a range of events, including March Madness college basketball tournaments.Massachusetts Secretary of State Bill Galvin, in an interview with Reuters on Monday, ...
(Reuters) -Cloud storage provider Dropbox (NASDAQ:DBX) is facing pressure from an activist investor to end founder control of the company, the Wall Street Journal reported on Monday, citing people familiar with the matter.Half Moon Capital, a small hedge fund, is criticizing the company’s slowing revenue growth and taking issue with its strategy on payment tiers, the report said.Dropbox and Half ...
Investing.com -- Moody’s Ratings has confirmed the Ba3 Corporate Family Rating (CFR) of AdaptHealth (NASDAQ:AHCO), LLC, while revising its outlook from stable to positive. The company’s Probability of Default Rating remains at Ba3-PD, and the senior unsecured note rating is still B1. AdaptHealth’s Speculative Grade Liquidity stays unchanged at SGL-1.This affirmation of AdaptHealth’s rating ...
Investing.com – Russia stocks were lower after the close on Monday, as losses in the Mining, Oil & Gas and Manufacturing sectors led shares lower.At the close in Moscow, the MOEX Russia Index lost 0.37%.The best performers of the session on the MOEX Russia Index were Surgutneftegas PJSC (MCX:SNGS), which rose 3.59% or 0.94 points to trade at 27.13 at the close. Meanwhile, Rostelekom PJSC (MC ...