New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For GS;CS;JPM;SCGLY;BX;OZM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
February 23, 2015
11:08 EDTJPMJPMorgan weekly volatility elevated into investor day
Subscribe for More Information
08:57 EDTJPMJPMorgan to host investor day
Subscribe for More Information
08:42 EDTBXBlackstone Energy Partners II is oversubscribed at $4.5B
Blackstone announced the commencement of the investment period for its second energy-focused private equity fund, Blackstone Energy Partners II, with total commitments of $4.5B. BEP II received significant interest from both existing and new investors, with demand well surpassing the fund’s $4.5B hard cap. Investors in the fund include a diverse group of U.S. state pension funds, corporate pension funds, sovereign wealth funds, insurance companies, endowments, foundations and family offices. Like its predecessor fund BEP I, a $2.4B fund that had its final close in September 2012, BEP II will invest in control-oriented equity and equity-linked interests in companies, assets and development projects in the energy and natural resources sector on a global basis. To date, Blackstone’s energy-focused private equity team of professionals has deployed over $8B in this strategy. Blackstone's $16B diversified global private equity fund will continue to invest alongside BEP II in energy transactions on a 50/50 basis.
06:52 EDTGSGoldman Sachs sees $3B in possible legal costs above reserves
Subscribe for More Information
February 20, 2015
10:20 EDTCSHigh option volume stocks
Subscribe for More Information
09:14 EDTSCGLYSociete Generale management to meet with JPMorgan
Meetings to be held in Chicago on February 23, in Des Moines/Kansas City on February 24, in New York on February 25 and in Boston on February 26 hosted by JPMorgan.
06:03 EDTJPMAnn Inc. working with JPMorgan on potential sale, Bloomberg reports
Subscribe for More Information
February 19, 2015
17:58 EDTJPMAnn Inc. working with JPMorgan on potential sale, Bloomberg says
14:21 EDTCSS&P reportedly says Greece contagion not a major risk, Reuters reports
The risk of contagion spreading from Greece to other European countries is not that large, a German newspaper quoted S&P's chief sovereign ratings officer as saying, according to Reuters. The euro zone would be able to handle an exit of the bloc by Greece, the ratings officer was quoted as saying, Reuters reported. Publicly traded European banks include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), RBS (RBS) and UBS (UBS). Reference Link
07:12 EDTGSWharton Health Care Club to hold a conference
Subscribe for More Information
06:47 EDTGS, JPMReport shows subprime consumer loans at pre-2007 levels, WSJ says
Equifax (EFX) has released a report stating nearly 40%, or 50M, of auto loans, credit cards, and personal loans during the first 11 months of 2014 were made to subprime customers, the highest levels since the 2007 financial crisis, reports the Wall Street Journal. LendingTree (TREE) Chief Marketing Officer Gabriel Dalporto attributes the growth to nonbank lenders under less regulatory scrutiny than large banks. Publicly traded companies in the space include Bank of America (BAC), Citi (C), Goldman Sachs (GS), JPMorgan (JPM), Morgan Stanley (MS), U.S. Bancorp (USB) and Wells Fargo (WFC). Reference Link
06:04 EDTCSFCA to investigate investment and corporate banking
Subscribe for More Information
February 18, 2015
07:33 EDTGSGoldman Sachs vows legal battle with Bank of Portugal over loan, Reuters says
Subscribe for More Information
07:21 EDTGS, JPMJPMorgan, Citi top government report of riskiest banks, Reuters reports
Subscribe for More Information
07:15 EDTJPMPeterson Institute for International Economics to hold a discussion
Subscribe for More Information
06:57 EDTJPMJPMorgan may shrink interest-rate trading, other units, Bloomberg says
Subscribe for More Information
06:03 EDTBXAllen Systems Group reaches agreement with senior lenders on debt restructuring
Subscribe for More Information
February 17, 2015
10:46 EDTJPMJPMorgan reports January net credit losses 2.53% vs. 2.56% last month
Subscribe for More Information
07:02 EDTBXRentech secures additional loan commitment of up to $63M from GSO Capital
Rentech, Inc. (RTK) announced that GSO Capital Partners LP, the credit investment arm of Blackstone (BX), has increased its credit facility for Rentech by up to $63M. The majority of the proceeds from this new facility are expected to fund completion of Rentech’s Canadian wood pellet projects through positive cash flow. Rentech now estimates the cost to complete the construction of its Canadian wood pellet projects to be $125M-$130M. Rentech expects that the new term loan, together with its other cash resources, will be sufficient to fund its Atikokan and Wawa pellet projects until they have been commissioned and begin to generate positive cash flow. Rentech currently estimates that the cost to acquire and construct the two plants will be $125M-$130M, up from $105M. The majority of the increase is due to delays in construction and higher labor costs for installation of electrical and mechanical components. Rentech expects that working capital and the cost to commission the plants will add approximately $6 to $10 million to the estimated total project cost. Rentech does not expect the plants to generate positive EBITDA or cash flow for the year 2015. Annual stabilized EBITDA projected for both plants remains in line with previous guidance of C$17M-C$20M.
06:39 EDTGSBanks settle claims related to mortgage securities, Reuters says
Subscribe for More Information
1 | 2 | 3 | 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