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Stock Market & Financial Investment News

News Breaks
July 16, 2014
16:05 EDTCLNYColony Financial files to sell 15M in common stock
The Company expects to use a portion of the net proceeds from this offering to repay amounts outstanding under its revolving credit facility, and to use the remainder of the net proceeds from this offering to acquire its target assets in a manner consistent with its investment strategies and investment guidelines, and for working capital and general corporate purposes. BofA Merrill Lynch, J.P. Morgan, Barclays, Credit Suisse and Deutsche Bank Securities will act as the joint book-running managers for this offering.
News For CLNY From The Last 14 Days
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December 17, 2014
08:48 EDTCLNYColony Financial weakness unjustified, says Sterne Agee
Sterne Agee believes that Colony's stock has declined due to the increase of speculative yield spreads, the lack of incremental new information surrounding the Colony Capital internalization, and the Cobalt Capital acquisition. The firm thinks these fears are unfounded and continues to expect the stock to rise significantly. It keeps a $30 price target and Buy rating on the shares. .
December 10, 2014
10:02 EDTCLNYColony Financial management to meet with Oppenheimer
Meeting to be held in New York on December 15 hosted by Oppenheimer.

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