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Stock Market & Financial Investment News

News Breaks
January 23, 2014
07:36 EDTFIGFortress affiliate bid wins auction for MM&A Railway, WSJ reports
An affiliate of Fortress Investment Group won the bidding at Tuesday's auction of the Montreal, Maine & Atlantic Railway, reports the Wall Street Journal. The affiliate, Railway Acquisition Holdings, $15.85M bid was the only offer for most of the railway's assets.Reference Link
News For FIG From The Last 14 Days
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October 31, 2014
09:03 EDTFIGFortress has strong underlying momentum, says JMP Securities
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07:47 EDTFIGFortress CEO says could contemplate becoming private company, Bloomberg says
Fortress CEO Randy Nardone said during a conference call that that the company could contemplate going private, according to Bloomberg, citing comments from Nardone. The CEO said, Its obviously something that, at these valuations, it does seem like a pretty good value. It is something we think about as we think about many things going forward. Reference Link
October 30, 2014
07:10 EDTFIGFortress reports Q3 EPS 17c, consensus 16c
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October 24, 2014
06:44 EDTFIGUniCredit CEO likely to select Prelios, Fortress for UCCMB bid, Reuters says
Unicredit (UNCFF) CEO Frederico Ghizzoni said that the company is negotiating with a group comprising of Fortress (FIG) and Prelios on the divestiture of its division Unicredit Credit Management Bank and could potentially enter exclusive discussions soon, according to Reuters, citing comments from Ghizzoni. Reference Link
October 21, 2014
12:55 EDTFIGNathaniel August discusses long position in Fortress
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09:01 EDTFIGOmnisure announces sale to Fortress, affiliates
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