E-Learning

3 Reasons to Sell BURL and 1 Stock to Buy Instead

Over the last six months, Burlington’s shares have sunk to $243.51, producing a disappointing 10.4% loss - a stark contrast to the S&P 500’s 8.9% gain. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.

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Four banks fined $132 million for sharing UK bond market information

LONDON -Britain's competition regulator has fined Citi, HSBC, Morgan Stanley and Royal Bank of Canada (RBC) a combined 104.5 million pounds ($132.4 million) for exchanging sensitive information about UK government bonds. The Competition and Markets Authority (CMA) said on Friday that it had reached settlements with the banks over the sharing of information by their traders in the aftermath of the global financial crisis, between 2009 and 2013. The banks' traders shared competitively sensitive information that was relevant to the pricing of UK bonds, known as gilts, in one-to-one exchanges in Bloomberg chatrooms, the CMA said.

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