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Stock Market & Financial Investment News

News Breaks
March 27, 2014
08:00 EDTALLYAlly Financial to offer 95M shares in an IPO, Treasury to sell shares
Ally Financial announced that it has launched an initial public offering of shares of its common stock. The shares will be offered by the U.S. Department of the Treasury as part of its planned exit of its investment in Ally. Treasury is offering 95M shares of Ally common stock at a price per share ranging between $25 and $28. Citigroup, Goldman, Sachs & Co., Morgan Stanley and Barclays are acting as joint global coordinators on the offering.
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August 14, 2014
12:01 EDTALLYThird Point gives quarterly update on stakes
NEW STAKES: Rackspace (RAX), Finisar (FNSR), Amgen (AMGN), Ally Financial (ALLY), and AstraZeneca (AZN). INCREASED STAKES: Dollar General (DG) and Dow Chemical (DOW). DECREASED STAKES: FedEx (FDX), Hertz (HTZ), T-Mobile (TMUS) and Intrexon (XON). LIQUIDATED STAKES: Google Class A (GOOGL), Verizon (VZ) and Mondelez (MDLZ).
11:52 EDTALLYThird Point discloses new stakes in Finisar, Amgen, Ally Financial
09:30 EDTALLYTreasury to sell additional Ally Financial stock
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August 6, 2014
06:24 EDTALLYDeutsche Bank to hold a conference
Summer Bank 1:1 Conference to be held in Boston on August 6.

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