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Stock Market & Financial Investment News

News Breaks
March 21, 2014
09:05 EDTRJF, BKBNY Mellon Raymond James should be bought ahead of rate hike, says Buckingham
Buckingham identifies BNY Mellon (BNY) and Raymond James (RJF) as the two names within its coverage universe most leveraged to the first 100 basis point increase in the federal funds rate. The firm notes that expectations for the timing and level of a rate hike were accelerated by Chairman Yellen's comments earlier this week. It keeps Buy ratings on both BNY Mellon and Raymond James.
News For BK;RJF From The Last 14 Days
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March 2, 2015
17:14 EDTRJFRaymond James to acquire Cougar Global Investments
Raymond James Financial announced that it had reached a definitive agreement to acquire Cougar Global Investments ., a Toronto, Canada-based asset manager, subject to approval by Canadian regulators. As a result of this transaction, Raymond Jamesí wholly owned subsidiary Eagle Asset Management expects to offer Cougarís global asset allocation strategies to Eagle clients worldwide. Founded in 1993, Cougar Global is a global asset-allocation ETF strategist that markets its investment services to high-net-worth individuals, families, foundations, trusts and institutions in Canada and the United States. As of Dec. 31, Cougar had more than $1B in assets under management.
February 24, 2015
17:47 EDTBKBNY Mellon said to be in FX settlement talks with U.S. DOJ, NY AG, Reuters says
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17:27 EDTBKBNY Mellon said to be in FX settlement talks with U.S. DOJ, NY AG, Reuters says
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February 18, 2015
07:11 EDTRJFEnerCom to hold a conference
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