New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 1, 2013
08:16 EDTGS, CLWClearwater Paper announces $50M accelerated stock buyback
Clearwater Paper (CLW) announced that it entered into an accelerated stock buyback agreement with Goldman, Sachs & Co. (GS) to repurchase an aggregate of $50M of Clearwater Paper common stock. The company will acquire the common shares pursuant to the ASB agreement as part of its $100 million stock repurchase program. This program, which was announced on January 17, 2013, in conjunction with the sale of $275M of 4.5% senior notes by the company, is targeted to be completed in 2013. Under the ASB agreement, the company will pay $50M to Goldman, Sachs & Co. and will receive a majority of the shares underlying the ASB agreement, from Goldman, Sachs & Co. on March 6, 2013. The remaining shares to be repurchased under the ASB agreement, if any, will be based generally on the daily volume-weighted average price of Clearwater Paper common stock during the term of the ASB agreement.
News For CLW;GS From The Last 14 Days
Check below for free stories on CLW;GS the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
April 14, 2014
08:31 EDTGSBlackstone and Goldman Sachs to acquire Ipreo from KKR
Subscribe for More Information
07:20 EDTGSKKR to sell Ipreo to Blackstone, Goldman Sachs for $975M, Financial Times says
Subscribe for More Information
07:10 EDTGSNBG picks Goldman, Morgan Stanley to manage share offering, Reuters says
Subscribe for More Information
April 11, 2014
15:44 EDTGSTyson, Post final contenders to buy Michael Foods, Reuters says
Michael Foods, the egg and dairy products maker that has been put up for sale by Goldman Sachs' (GS) private equity arm, is evaluating binding bids from Tyson (TSN) and Post (POST) and is near a deal to be sold to one of the two for close to $2.5B, according to Reuters, citing people familiar with the matter. Reference Link
07:37 EDTGSGoldman, Morgan, Citi probed by FINRA over bond deals, WSJ says
Subscribe for More Information
April 10, 2014
08:15 EDTGSGoldman COO says company committed to Brazil operations, Reuters says
Goldman Sachs COO Gary Cohn asserted that the company is committed to retaining its investment-banking operations in Brazil as part of its world-wide footprint, according to Reuters, citing comments from Cohn. Reference Link
07:55 EDTGSGoldman joined by RBC in suing clients after Singapore crash, Bloomberg says
Subscribe for More Information
06:35 EDTGSMobile banking presents opportunity and risks for banks, WSJ reports
Subscribe for More Information
April 9, 2014
16:35 EDTCLWPoint72 Asset lowers passive stake in Clearwater Paper to 8.3% from 8.7%
Subscribe for More Information
06:51 EDTGSGoldman, Warburg move forward in China Huarong sale, Reuters says
Subscribe for More Information
06:35 EDTGSRegulators increase leverage ratio requirement for large banks, NY Times says
Subscribe for More Information
06:27 EDTGSBig banks must add capital to comply with new rules, WSJ reports
A of January 1, 2018, the U.S.'s eight largest banks -- including Citigroup (C), JPMorgan (JPM) and Goldman Sachs (GS) -- must add up to $68B in extra capital to comply with a new rule intended to help firms weather losses during periods of market stress, the Wall Street Journal. The banks will be required to maintain well above the minimum levels of capital held against assets on their books. Banks must report the new levels next year. Reference Link
April 8, 2014
18:56 EDTGSOn The Fly: After Hours Movers
NOTABLE: General Motors (GM) was fined by the National Highway Traffic Safety Administration for failing to respond to the agency's inquiry into the company's recall of faulty ignition switches in a timely manner... According to a report by The Wall Street Journal, Goldman Sachs (GS) executives have broached the subject of closing its dark pool trading operation, Sigma X. HIGHER: Constant Contact (CTCT), up 13% after giving a preliminary first quarter revenue outlook that beat estimates and raising its fiscal 2014 revenue guidance... Alcoa (AA), up 2.5% after reporting adjusted profit that beat estimates on revenue that missed expectations. LOWER: Intuitive Surgical (ISRG), down 9.5% after giving a first quarter revenue outlook that widely missed expectations and saying it will take a $67M charge in the quarter related to legal settlements.
18:29 EDTGSGoldman Sachs considers shutting down dark pool Sigma X, WSJ reports
Subscribe for More Information
06:46 EDTGSGoldman expects Orban risk as Hungary bonds suffer, Bloomberg says
Subscribe for More Information
April 7, 2014
19:57 EDTGSFederal Reserve announces extension on some CLOs
The Federal Reserve Board announced that it intends to exercise its authority to give banking entities two additional one-year extensions to conform their ownership interests in and sponsorship of certain collateralized loan obligations, or CLOs, covered by section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly referred to as the Volcker rule. Section 619 of the Dodd-Frank Act directed the board to adopt rules for the conformance period and the board previously extended the conformance period for all activities and investments by one year to July 21, 2015. To ensure effective compliance, the board intends to grant banking entities two additional one-year extensions, which together would extend until July 21, 2017, to conform their ownership interests in and sponsorship of CLOs to the statute. Publicly traded companies that may be impacted by the announcement include Bank of America (BAC), Citigroup (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
06:28 EDTGSGoldman sees opportunity to slice China junk debt after gains, Bloomberg says
Subscribe for More Information
April 4, 2014
12:16 EDTGSGoldman CEO Blankfein awarded raise for 2013, WSJ says
Subscribe for More Information
07:27 EDTGSMorgan Stanley pushes back at HFT accusations, FT says
Subscribe for More Information
April 3, 2014
07:28 EDTGSSinopec said to select Goldman for $30B unit sale, Bloomberg says
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use