finance

Lawmakers question speed of hiring at North Dakota investment office mandated by Legacy Fund | Government and politics

State lawmakers are questioning why an agency key to implementing new investment mandates in the state of North Dakota was only recently put in place for new jobs approved by the Legislature more than six months ago. Last fall, the Legislature approved six new full-time positions and $1.7 million in salaries for the Office of …

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Veleka is launching a built-in investment as a service platform

LONDON, England, June 28, 2022 (GLOBE NEVSVIRE) - VelekTech, a large, recently launched company, today announced the launch of its investment platform as a service with built-in API and B2B2X front-to-back technology. With this launch, Veleka aims to influence the way wealth management products are created and distributed, empowering existing banks, neo banks, brokerage firms …

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Global trends, oil, FII movement key drivers for stocks this week: Analysts

Stock markets this week will be driven by global trends, crude oil movements and foreign institutional investment, analysts say, adding that benchmarks could also face volatility amid a planned expiration of monthly derivatives. Moreover, the movement of rupees and the progress of the monsoon would also be monitored by investors, they added. “Indian markets have …

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Nordea Investment Management AB increases its position in Hanover Insurance Group, Inc. (NISE: THG)

Nordea Investment Management AB has raised its position in The Hanover Insurance Group, Inc. (NISE: THG - Get Rating) by 1.7% during the first quarter, reports HoldingsChannel. The firm owned 52,410 shares of the insurance company after buying an additional 860 shares during the quarter. Nordea Investment Management AB’s stake in The Hanover Insurance Group …

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IHB Investment Advisors Inc. buys shares of 1,910 Prudential Financial, Inc. (NISE: PRU)

IHB Investment Advisors Inc. has acquired a new stake in Prudential Financial, Inc. (NISE: PRU - Get Rating) in the first quarter, according to the company in its latest Form 13F submitted to the Securities and Exchange Commission (SEC). The fund bought 1,910 shares in shares of financial service providers worth approximately $ 226,000. Several …

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The Security Insurance Group (NASDAQ: SAFT) reached a new high of 52 weeks at $ 95.00

Share price of Safeti Insurance Group, Inc. (NASDAQ: SAFT - Get Rating) reached a new high of 52 weeks during mid-day trading on Friday. The company traded as much as $ 95.00 and last traded at a price of $ 94.45, with a volume of 4,531 shares traded. Shares were previously closed at $ 91.57. …

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Director of Universal Insurance Holdings, Inc. (NISE: UVE) sells $ 258,600.00 in stock

Universal Insurance Holdings, Inc. (NISE: UVE - Get Rating) Director Sean P. Downs sold 20,000 shares of the company in the transaction on Friday, June 24. The shares were sold at an average price of $ 12.93, for a total transaction of $ 258,600.00. Following the transaction, the director now directly owns 1,401,539 shares in …

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Capital Investment Advisors LLC sells 96 shares of BlackRock, Inc. (NISE: BLK)

Capital Investment Advisors LLC has reduced its stake in BlackRock, Inc. (NISE: BLK - Get Rating) by 3.4% in the first quarter, reports Holdings Channel.com. The institutional investor owned 2,760 shares of asset manager shares after selling 96 shares during the quarter. Capital Investment Advisors LLC’s stake in BlackRock was worth $ 2,109,000 at the …

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