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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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October 16, 2014
09:09 EDTRCAPJMP Group enters into distribution agreement with RCS Capital
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09:02 EDTRCAPJMP Services announces distribution agreement with RCS Capital
JMP Group (JMP) announced that JMP Securities has entered into an agreement with RCS Capital Corporation (RCAP). Based on this agreement, JMP Securities will have the capacity to distribute initial public offerings and other securities offerings to more than two million retail brokerage customers through RCS Capitalís network of more than 9,700 financial advisors, vastly increasing JMP Securitiesí access to retail investors.

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