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Stock Market & Financial Investment News

News Breaks
February 13, 2014
08:00 EDTFIG, NMRFortress repurchases 60.6M Class A shares from Nomura for $363.4M
Fortress Investment Group LLC (FIG) and Nomura Holdings (NMR) announced that Fortress has repurchased Nomura's 12% ownership stake for $363.4M, or $6.00 per share. In conjunction with the transaction, the companies have recommitted to a strategic and mutually beneficial business relationship that has supported Fortressís significant expansion in Asia since 2006.
News For FIG;NMR From The Last 14 Days
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November 19, 2014
06:22 EDTNMRNomura's Europe CEO Jeremy Bennett resigns, FT reports
Jeremy Bennett, Nomura's Europe CEO, has resigned from the job after just 18 months to pursue opportunities in the charitable sector and emerging markets, a source tells the Financial Times. Yasuo Kashiwagi will become acting CEO of the unit. Reference Link
November 16, 2014
19:58 EDTNMRJapan's GDP contracts 1.6% in third quarter, WSJ says
Japan's economy has slumped into a recession in the third quarter as a sales tax increase resulted in firms cutting inventory and capital investment, says the Wall Street Journal. According to the Wall Street Journal report, Japan's real GDP in Q3 retreated 1.6% on an annualized basis against a median forecast for a 2.25% expansion. The setback in the country's growth will likely result in Prime Minster Shinzo Abe postponing a second sales tax increase, added the Wall Street Journal. Reference Link
November 14, 2014
08:18 EDTNMRNomura puts mortgage-bond traders on leave for unknown reason, Bloomberg says
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07:32 EDTFIGHayman Capital gives quarterly update on stakes
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November 7, 2014
09:38 EDTNMRNomura downgraded to Neutral from Outperform at Macquarie
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