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Stock Market & Financial Investment News

News Breaks
June 2, 2014
08:35 EDTFIGFortress poised to announce additional distributions, says JMP Securities
JMP Securities believes that changes in Fortress' balance sheet could enable it to announce a "top-off" distribution in Q2. The firm thinks that the company is likely to announce additional, frequent, meaningful quarterly top-off distributions, and it reiterates an Outperform rating on the stock.
News For FIG From The Last 14 Days
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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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October 10, 2014
18:46 EDTFIGFortress looking for $4B to acquire distressed debt, Bloomberg reports
Fortress Investment is seeking approximately $4.3B to buy distressed debt from around the world, Bloomberg reports, citing people familiar with the matter. The firm is looking for a $2B private-equity structured credit fund with the rest of the balance coming from managed accounts that will invest alongside the deals, two people familiar with the plans added. Reference Link

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