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Moody's Investor Service cuts Wirecard 's ( OTCPK:WCAGY ) ( OTCPK:WRCDF ) €500M senior unsecured rating to B3 from Baa3, below investment-grade level and reflecting the company's accounting irregularities. More news on: Wirecard AG, Wirecard AG, Financial stocks news, Tech stocks n...
Two Philippine banks that were said to be holding $2.1B for Wirecard ( OTCPK:WRCDF ) ( OTCPK:WCAGY ) say they don't have the money and that documents claiming the existence of accounts at the banks were falsified. More news on: Wirecard AG, Wirecard AG, Financial stocks news, Tech s...
A day after Wirecard ( OTCPK:WCAGY , OTCPK:WRCDF ) delayed its 2019 annual report due to a missing $2.1B in cash, the company announces that CEO Markus Braun has resigned, effective immediately. More news on: Wirecard AG, Wirecard AG, Tech stocks news Read more ...
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . Looking for a catalyst after a muted session on Thursday, U.S. stock index futures advanced 1% overnight after hugging the flat...
June 18, 2020, will be sadly remembered for the second-worst single-day stock collapse in the German stock market with the stock of DAX member Wirecard ( WRCDF ) ( WCAGY ) collapsing over 70% intra-day and closing down more than -60%. Source: onvista.de This seismic event has sent shockw...
The Wirecard ( OTCPK:WRCDF ) problem Essentially, the problem has always been massive growth in slightly odd parts of the world without entire and total confidence in the numbers being presented. If things are as reported then it's a stunningly successful entrant into this new digital econom...
Wirecard ( OTCPK:WCAGY , OTCPK:WRCDF ) stock has lost more than 50% of its value on the Frankfurt exchange after it delayed filing its 2019 annual report for the fourth time on account of missing €1.9B ($2.1B) cash that auditors could not locate. More news on: Wirecard AG, Wireca...
Wildberries is a large international online retailer Wirecard handles payments for Wildberries European e-commerce sites Cooperation enables retailer to expand its unified commerce business ASCHHEIM, Germany , June 16, 2020 /PRNewswire/ -- Wirecard, the global innovation leader fo...
ASCHHEIM, Germany , June 10, 2020 /PRNewswire/ -- Wirecard, the global innovation leader for digital financial technology, is collaborating with Stocard, the leading mobile wallet and one of the largest B2C European FinTechs, to launch a new mobile payment feature in the Stocard app. The ...
Lately, I provoked quite some backlash by referring to Wirecard AG's ( OTCPK:WRCDF ; OTCPK:WCAGY ) CEO Dr. Markus Braun as a "liability" in a previous article . First of all, I should clarify that I did and do not view Dr. Braun as only a liability. Instead, I would describe him as "part liab...
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ASCHHEIM/MUNICH, GERMANY / ACCESSWIRE / October 22, 2020 / Wirecard Acquiring & Issuing GmbH, (FRA:WDI)(OTC PINK:WCAGY) (OTC PINK:WRCDF) a fully owned subsidiary of Wirecard AG, has sold Wirecard North America Inc. to Syncapay, Inc., a US holding company focused on high potential payme...
Hagens Berman, who on May 6, 2019 was appointed Lead Counsel in the securities class action brought on behalf of investors in Wirecard American Depository Shares (ADS) and F-shares before Hon. Fernando M. Olguin, DelPoggetto v. Wirecard AG et al ., 2:19-cv-00986-FMO-SK (C.D. Cal.), notifies ...
Wildberries is a large international online retailer Wirecard handles payments for Wildberries European e-commerce sites Cooperation enables retailer to expand its unified commerce business ASCHHEIM, Germany , June 16, 2020 /PRNewswire/ -- Wirecard, the global innovation leader fo...