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Fintech Focus For October 2, 2020
Thursday, October 1, 2020 - 7:50pm | 2542Read More...Quote Of The Day: I have learned over the years that when one's mind is made up, this diminishes fear. - Rosa Parks Fintech Movers: [T]he number of buy-side firms that execute less than 20% of trades algorithmically, declined from 26% in 2017 to just 17% in 2020. Similarly, the number of firms...
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United Development Funding Rises After Company's Latest Response To 'Misleading' Anonymous Posts
Tuesday, December 15, 2015 - 10:57am | 447Read More...United Development Funding III (PINX:UDF) and United Development Funding IV (NASDAQ: UDF) filed on Forms 8-K with the SEC on Monday, detailing the misleading anonymous posts regarding the companies as unlawful by the hedge fund or funds that attacked them. The companies responded to the claims in...
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Anonymous Author Responds To UDF Statement: Enron, Madoff And Stanford Started With SEC Fact-Finding Investigations
Friday, December 11, 2015 - 1:03pm | 872Read More...Shares of United Development Funding IV (NASDAQ: UDF) plunged 30 percent Friday morning and hit a new 52-week low of $7.05. An unnamed author on Harvest called the company a "Texas-sized scheme." UDF responded in a statement on Thursday, prompting the anonymous author to respond...
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EXCLUSIVE: Citron Says United Development Funding Appears To Be 'Ponzi Scheme' After Anonymous Report Circulates Street
Thursday, December 10, 2015 - 5:01pm | 304Read More...United Development Funding IV (NASDAQ: UDF) shares crashed more than 40 percent on Thursday afternoon after Ponzi scheme allegations circulated Wall Street. Speaking with Benzinga, Citron Research's Andrew Left said the company appears to be a Ponzi. This follows a tweet Left made, saying...
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Apple Watch Ignites Fintech Community, Inspires New Apps
Friday, April 24, 2015 - 7:17am | 541Read More...Earlier this month, Benzinga wrote about the 22 fintech apps that are coming to Apple Inc. (NASDAQ: AAPL)'s smartwatch. In the days that followed, many more fintech companies told Benzinga about their development plans for Apple Watch. "It's definitely something we are discussing...
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Dan Loeb, Kyle Bass And Other Star Investors Love This Startup
Friday, October 31, 2014 - 12:27pm | 516Read More...Harvest, a financial discovery and communication platform, wants to take over Wall Street -- one investor at a time. The startup has already succeeded in attracting a number of well-known users, including Dan Loeb, Kyle Bass, Steve Tananbaum, Jody Lanasa and Sahm Adrangi. Numerous firms (...
