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Stock Market & Financial Investment News

News Breaks
July 8, 2014
16:35 EDTICH, RCAPInvestors Capital Holdings stockholders approve merger with RCAP
Investors Capital Holdings (ICH) announced that, at a special meeting held today, ICH stockholders adopted the Agreement and Plan of Merger, dated as of October 27, 2013, as amended as of February 28, by and among RCS Capital (RCAP), a Delaware corporation, Zoe Acquisition, a Delaware limited liability company and a wholly-owned subsidiary of RCAP, and ICH, and approved the transactions contemplated by the Merger Agreement, including the merger of ICH with and into Merger Sub, with Merger Sub surviving the merger and continuing as a subsidiary of RCAP under the name "Investors Capital Holdings. Stockholders approved, on a non-binding advisory basis, the compensation that may be paid or become payable to ICH's named executive officers in connection with the Merger.
News For ICH;RCAP From The Last 14 Days
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June 30, 2015
15:33 EDTRCAPRCS Capital levels to watch
The shares were last at $7.60, putting price close to the 50-day moving average at $7.70. A breakout above $7.70 would be bullish, breaking the current downtrend. Resistance above $7.70 would be at $7.91. Support is at $7.11.
15:21 EDTRCAPRCS Capital discloses details of covenant modifications
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14:50 EDTRCAPRCS Capital trading halted, pending news
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14:28 EDTRCAPRCS Capital jumps 13.9%, halted for volatility after modifying lending covenant
14:27 EDTRCAPRCS Capital, lenders agree to covenant modifications
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