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NASDAQ:CODI 18 November 2025

Compass-Backed Lugano Diamonds Files for Chapter 11 Bankruptcy Amid Fraud Allegations and Luxury Retail Slowdown

Compass-Backed Lugano Diamonds Files for Chapter 11 Bankruptcy Amid Fraud Allegations and Luxury Retail Slowdown

Lugano Diamonds & Jewelry Inc. filed for Chapter 11 bankruptcy in Delaware and put itself up for sale after internal probes revealed financial irregularities and lawsuits linked to ex-CEO Moti Ferder. The company lists over $500 million in liabilities and at least $100 million in assets. Majority owner Compass Diversified acquired its 60% stake in 2021. Boutiques remain open during the court-supervised sale process.
18 November 2025
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Stock Market Today

  • Citic Securities Tops Asia-Pacific Banking Fees as IPOs Drive Market in Q1 2026
    April 9, 2026, 6:58 AM EDT. Investment banking fees across Asia-Pacific excluding Japan hit US$5.3 billion in Q1 2026, a 5% drop from last year, LSEG Data shows. Citic Securities led with US$340.6 million in fees, capturing 6.4% of the market, boosted by strong bond underwriting and Mainland China and Hong Kong IPOs. Equity capital markets saw a surge driven by hi-tech and healthcare sectors, with equity fundraising jumping 151.5% and 120% respectively. Morgan Stanley dominated equity capital markets book-running, while BofA Securities topped M&A advisory with US$28.38 billion in deals. Weaker debt capital markets and M&A activity offset gains in equity underwriting, reflecting a mixed outlook for the region's investment banking landscape.

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India Stock Market Today: Sensex Drops Over 1,100 Points, Nifty Slips as Oil Rebound Revives Risk Fears

India Stock Market Today: Sensex Drops Over 1,100 Points, Nifty Slips as Oil Rebound Revives Risk Fears

9 April 2026
Indian stocks fell sharply Thursday afternoon, with the Sensex down 1.51% and the Nifty 50 off 1.12% as oil prices rebounded and U.S.-Iran ceasefire concerns resurfaced. Financials and IT shares led declines, with HDFC Bank, SBI, and ICICI Bank losing up to 2.27%. The World Bank warned the West Asia crisis threatens India’s growth and inflation outlook. India imports about 90% of its oil.
Australia Stock Market Today: ASX 200 Ends at Five-Week High as Banks Offset Tech Rout

Australia Stock Market Today: ASX 200 Ends at Five-Week High as Banks Offset Tech Rout

9 April 2026
The S&P/ASX 200 closed up 0.2% at 8,973.20 on Thursday, a five-week high, led by gains in banks while tech shares slumped. Bendigo and Adelaide Bank surged 9.5% after reporting higher earnings and job cuts. Energy stocks rose as oil rebounded, but trading volumes stayed below average. Investors remained cautious amid ongoing Middle East tensions and uncertain oil supply routes.
UK Stock Market Today: FTSE 100 Holds Near 10,600 as Oil Rebound Tests Ceasefire Rally

UK Stock Market Today: FTSE 100 Holds Near 10,600 as Oil Rebound Tests Ceasefire Rally

9 April 2026
FTSE 100 held near 10,600 Thursday after a 2.5% rally to a one-month high, outperforming European peers as Germany’s DAX and France’s CAC 40 fell. Brent crude rebounded toward $98 on renewed U.S.-Iran ceasefire doubts. A Bank of England survey showed lenders expect mortgage demand to rise in Q2. British builders faced record cost inflation in March.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 09.04.2026

9 April 2026
LIVEMarkets rolling coverageStarted: April 9, 2026, 12:00 AM EDTUpdated: April 9, 2026, 7:06 AM EDT US Stock Futures Dip Amid Persistent Inflation and Rate Concerns April 9, 2026, 7:06 AM EDT. US stock futures fell, with E-mini S&P 500 contracts down 0.4%, as investors weighed stubborn inflation and potential Federal Reserve rate hikes. The Fed's preferred inflation gauge, the PCE price index, is expected to rise 0.4% in February, with core inflation at 3.0% year-on-year, remaining above the Fed's 2% target. Fed officials indicated they could raise rates further if inflation remains high, pressuring growth stocks and real estate funds
Why IREN Stock Is Back in Focus as AI Ambitions Meet Funding Fears

Why IREN Stock Is Back in Focus as AI Ambitions Meet Funding Fears

8 April 2026
IREN shares rose 1.8% to $35.74 Wednesday as investors assessed its $6 billion share program and shift from bitcoin mining to AI cloud services. The company’s revenue fell to $184.7 million last quarter, with a net loss of $155.4 million. IREN recently announced a five-year, $9.7 billion AI cloud deal with Microsoft. Options trading volume hit 103,000 contracts Tuesday, with sentiment described as mixed.
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