New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 18, 2014
10:38 EDTING, VOYAING Group says premature Form 6-K filing to be ignored
ING Group (ING) hereby informs that today a Form 6-K was filed prematurely and erroneously with regards to the potential sale of shares of ING US (VOYA). ING announces that this information should be ignored until further notice.
News For ING;VOYA From The Last 14 Days
Check below for free stories on ING;VOYA the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
September 2, 2014
16:35 EDTING, VOYAVoya Financial announces secondary common stock offering of 30M shares by ING
Voya Financial (VOYA) announced that ING Group (ING) has entered into an agreement with a syndicate of underwriters to sell Voya Financial common stock in an underwritten public offering. Voya Financial will not be issuing or selling common stock, and will not receive any proceeds from the offering. In connection with the public offering, Voya Financial has entered into a share repurchase agreement with ING Group pursuant to which Voya Financial will repurchase directly from ING Group shares of Voya Financial common stock for an aggregate purchase price of $300M. The per-share purchase price to be paid by Voya Financial in the direct share repurchase will be equal to the per-share purchase price paid by the underwriters in the public offering. The direct share repurchase is subject to a number of conditions, including the successful completion of the public offering. Voya Financial expects to fund the direct share repurchase using cash on hand. The total number of shares of Voya Financial common stock to be sold by ING Group, including both the underwritten public offering and shares repurchased by Voya Financial, is expected to equal 30M shares. Completion of the public offering and the direct share repurchase is estimated to reduce ING Group's stake in Voya Financial from approximately 43% to approximately 32%.
August 31, 2014
14:02 EDTVOYAKeefe Bruyette to hold a conference
Subscribe for More Information
August 28, 2014
06:35 EDTINGEuro zone credit crunch showing signs of improving, Reuters says
Loans to the private sector by euro zone banks dropped 1.6% in July versus the same period a year earlier, compared with a year-over-year decline of 1.8% in June, according to Reuters. Meanwhile, the bloc's M3 money supply increased at a 1.8% annual rate in July, versus 1.6% in June, the news service added. The upturn in the data comes after the European Central Bank started charging banks in June to keep their deposits overnight, Reuters added. Publicly traded euro zone banks include Banco Santander (SAN), Barclays (BCS), Credit Suisse (CS), Deutsche Bank (DB), HSBC (HSBC), ING Groep (ING), Lloyds Banking (LYG), Royal Bank of Scotland (RBS) and UBS (UBS). Reference Link

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