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Stock Market & Financial Investment News

News Breaks
June 15, 2012
13:09 EDTFIG, BRK.ABerkshire bid to buy most assets of ResCap rejected, NY Times says
Residential Capital, the mortgage arm of Ally Financial, said that it wanted to proceed with its original plan to hold two auctions, one of which will be anchored by a "stalking horse" bid from Fortress Investment Group (FIG), instead of accepting a bid from Berkshire Hathaway (BRK.A) to buy most of its assets out of bankruptcy, reported The New York Times, citing court documents. Reference Link
News For A;FIG From The Last 14 Days
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July 30, 2015
07:28 EDTFIGFortress reports Q2 pre-tax distributable earnings 30c, consensus 21c
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