Stock Market & Financial Investment News

News Breaks November 12, 2012 19:40 EDT BCS, SEMG Barclay's wins dismissal of SemGroup lawsuit, Reuters reports Barclay's (BCS) has gotten a case brought against it by creditors of SemGroup (SEMG) dismissed by a U.S. District Judge in Manhattan, according to a Reuters report. The suit had sought a repayment of a $143M fee SemGroup paid Barclay's in 2008 for taking over the company's commodities trading positions. Reference Link News For BCS;SEMG From The Last 14 Days Check below for free stories on BCS;SEMG the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 20, 2013 07:50 EDT BCS Gulf wealth funds raise private equity investments, Reuters reports Sovereign wealth funds in the Gulf Arab region are increasing their allocations to private equity investments at a faster rate than other types of investment, U.S. fund manager Invesco said in a new study, reports Reuters. Large sovereign funds have been looking for alternative investments to give better returns than low-yielding staples such as U.S. Treasuries.Reference Link May 17, 2013 08:01 EDT SEMG JPMorgan's small cap analysts hold an analyst/industry conference call Subscribe for More Information May 16, 2013 12:32 EDT BCS EU bank stress test delayed until 2014 by regulator The EBA agreed on recommendations to supervisors to conduct asset quality reviews on major EU banks. While banks’ capital positions were significantly strengthened under the EBA’s recapitalisation exercise, the objective of the asset quality exercises will be to review banks’ classifications and valuations of their assets so to help dispel concerns over the deterioration of asset quality due to macroeconomic conditions in Europe. Since appropriately reviewed balance sheets are a key input to an effective stress test, the EBA has also adjusted the timeline of the next EU-wide stress test so to conduct the exercise in 2014 once the asset quality reviews are completed. However, to ensure transparency and comparability over the years, the EBA will provide, in 2H, appropriate disclosure on the actual exposures of the EU banking sector. Reference Link May 15, 2013 14:50 EDT SEMG SemGroup has a conference call hosted by JPMorgan Subscribe for More Information May 14, 2013 05:44 EDT BCS Banks work deals from both sides of the field, WSJ reports Subscribe for More Information May 13, 2013 18:06 EDT BCS Barclays gets shareholder lawsuit over Libor thrown out, Reuters says Subscribe for More Information 06:49 EDT BCS ECB member says negative deposit rates would help economy, Reuters says Subscribe for More Information May 8, 2013 16:46 EDT SEMG SemGroup declares initial quarterly cash dividend of 19c per share Subscribe for More Information 16:45 EDT SEMG SemGroup reaffirms FY13 consolidated adjusted EBITDA view $165M-$175M Subscribe for More Information 16:44 EDT SEMG SemGroup reports Q1 EPS $1.03, may not compare to consensus 36c Reports Q1 revenue $287.7M, consensus $335.57M. May 7, 2013 12:38 EDT BCS Citigroup sues Barclays over Lehman losses, Reuters says Subscribe for More Information 06:01 EDT BCS Antero Resources, controlled by Warburg Pincus, plans IPO, Reuters reports Denver-based Oil and gas company Antero Resources, controlled by Warburg Pincus LLC, is preparing for an IPO that could value it at as much as $10B, sources say, reports Reuters. Antero hired Barclays (BCS), JP Morgan Chase (JPM) and Citigroup (C) to lead the deal, sources added. Reference Link Sign up for a free trial to see the rest of the stories you've been missing.