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Stock Market & Financial Investment News

News Breaks
February 7, 2013
07:14 EDTSMFG, GS, MFG, MTUJapan banks jump into domestic solar-power projects, Bloomberg reports
Japan’s major banks (MTU, MFG, SMFG) are following Goldman Sachs (GS) into domestic solar-power projects, anticipating an eightfold increase for investments in the industry. The banks expect the market to be worth as much as $19B over the next three years, reports Bloomberg.Reference Link
News For GS;MTU;MFG;SMFG From The Last 14 Days
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June 19, 2013
19:28 EDTGSEbix, Goldman Sachs affiliate terminate merger agreement
Ebix (EBIX) announced that it and an affiliate of Goldman Sachs (GS) have agreed to terminate their previously announced merger agreement. The merger agreement, announced on May 1, had provided for Ebix to be acquired by an affiliate of Goldman Sachs. The decision to terminate the merger agreement was the result of a letter received by Ebix on June 14 from the U.S. Attorney for the Northern District of Georgia that it had opened an investigation into allegations of intentional misconduct that had been brought to its attention from the pending shareholder class action lawsuits against the company's directors and officers, the media and other sources. The merger agreement is being terminated without payment of a termination fee by either party and each party and certain significant shareholders of Ebix and each of their respective affiliates have agreed to release each other from all claims arising under or related to the terminated merger agreement and related transaction agreements. Ebix's board of directors announced that it intends to continue to evaluate strategic options for the company.
15:05 EDTGSBernanke says largest banks at or near compliant to Basel III rules
10:01 EDTMFGOn The Fly: Analyst Upgrade Summary
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09:00 EDTSMFGSumitomo Mitsui rises 4.5%
Sumitomo Mitsui is up 4.5%, or 39c, to $8.97
08:38 EDTMFGMizuho Financial Group upgraded to Buy from Neutral at Goldman
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June 18, 2013
07:29 EDTGSSecurities Industry and Financial Markets Association to host a conference
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June 14, 2013
07:21 EDTGSClinton Global Initiative to host to host a meeting
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June 13, 2013
14:53 EDTGSGoldman Sachs offering some clients automated block trades, Reuters says
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09:30 EDTGSClinton Global Initiative to host to host a meeting
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07:10 EDTGSGoldman Sachs looking at Japan offshore wind power, Bloomberg reports
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07:10 EDTGSGoldman COO "growing increasingly restless," NY Times reports
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06:10 EDTGSOn the Fly: Periodicals Wrap-Up
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June 12, 2013
19:09 EDTGSOn The Fly: After Hours Movers
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18:56 EDTGSNorthstar REIT, Goldman to pay $925M for stakes NJ pension holdings
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06:41 EDTGSFirm says JPMorgan was top investment bank in Q1, Reuters reports
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June 11, 2013
14:19 EDTMFG, MTU, SMFGJapan to adopt 'bail-ins,' force bank losses on investors if needed, Nikkei says
Japan's Financial Services Agency will enact new rules that will forced failed bank losses on investors, if needed, via a mechanism known as a "bail-in," according to The Nikkei. Mitsubishi UFJ (MTU), Mizuho Financial (MFG) and Sumitomo Mitsui (SMFG) are among those proposing amendments to allow them to issue the types of preferred shares or subordinated bonds that would be used in such cases, the report noted. Reference Link
11:45 EDTSMFGSumitomo Mitsui upgraded to Buy from Neutral at BofA/Merrill
09:42 EDTGSActive equity option families trading on open
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07:34 EDTGSPlatts to host a conference
7th Annual Texas Energy Markets Conference is being held in Dallas, Texas on June 11-12.
June 10, 2013
18:58 EDTGSOn The Fly: After Hours Movers
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