Cayman Islands

StoneCo Ltd. (NASDAQ:STNE) shares are falling after the company reported its fourth-quarter financial results after the bell Monday. Here's a look at the report. The Details: StoneCo reported quarterly sales of R$3.25 billion ($171.6 million), missing the R$3.42 billion estimate. The company said...

Original story by Natalia Kesselman on El Planteo. This article reports what was shared by the local newspaper Cayman Marl Road and by The Independent. However, there is still no official confirmation of the facts. Neither government sources nor the model have confirmed the facts. Internationally...

Binance CEO Changpeng "CZ" Zhao said on Wednesday he is not required to attend court in person, responding to news about his summons linked to a lawsuit lodged by the U.S. Securities and Exchange Commission (SEC). CZ clarified this development was standard...

There’s some bad news coming out of Ireland. You’re not likely to feel too sorry for the victims of this news but its noteworthy for investors. Bloomberg reported that Ireland's Finance Minister Michael Noonan announced on Tuesday that he would take steps to plug a loophole that lets...

Corruption is prevalent in the Chinese space and China Mobile Games and Entertainment Group (NASDAQ: CMGE) just gave investors another reason to be skeptical. Last week, the company announced it will sell 2,500,000 shares to two private equity firms for $10 a share. One of the funds, Zennon...

Chip-maker Altera (NASDAQ: ALTR) is fighting the IRS in U.S. Tax Court over how the company has handled employee stock-based compensation and one of its units in the Cayman Islands. According to Reuters, the issue at the center of the dispute is so-called "transfer pricing," or how companies...