Olam Hits Back at Muddy Waters
Carson Block’s comments questioning Olam International Ltd.’s accounting practices, which prompted the biggest plunge in its New York stock in four years, were part of a concerted short-selling attack, the agriculture trader’s chief executive officer said.
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Guotai Junan Securities Seeks $2.1B IPO
25:02 - China's third-biggest brokerage is seeking $2.1B from a first-time share sale in Hong Kong. Bloomberg's Ben Scent reports on "Bloomberg Markets." (Source: Bloomberg)