As a leader in the development of Financial Technology, Barchart will host the inaugural FinTech Exchange event in Chicago on April 23. This event will bring together technology leaders from the financial markets and trading industry. Companies including IBM Watson, Amazon Web Services and CME Group will discuss the latest trends and opportunities related to financial markets and technology.
Chart of the Day
Adeptus Health (ADPT) is the Barchart Chart of the Day. The medical services company has a Trend Spotter buy signal, a Weighted Alpha of 120.80+ and gained 94.68% in the last year.
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WASHINGTON (AP) — The University of Michigan, defense contractor Lockheed Martin Corp. and a foundation helping Appalachian children all own stakes in an Asian investment fund backing two major Chinese companies, which froze their stocks late last week after failing to file their financial statements on time. (full story)
WASHINGTON (AP) — Federal regulators filed civil fraud charges against prominent Wall Street executive Lynn Tilton and her investment firms, who are accused of concealing the poor performance of fund assets linked to loans to distressed companies. (full story)
U.S. stocks moved sharply higher in afternoon trading Monday, on course for a second consecutive gain. Investors cheered encouraging economic data and the latest batch of corporate deal news. Expectations that any increase in the Federal Reserve's key interest rate this year will be gradual also helped lift the market. (full story)