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Stock Market & Financial Investment News

News Breaks
July 20, 2013
15:13 EDTLYGU.K. weighing sale of Lloyds Banking Group shares, Bloomberg says
The U.K. government is mulling a sale of 5%-10% of Lloyds Banking Group shares as it looks to reduce its holdings in the bank, Bloomberg says. The sale would be a first step to measure investor appetite for the shares and may happen as soon as September, added Bloomberg. Reference Link
News For LYG From The Last 14 Days
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April 16, 2014
07:25 EDTLYGHitachi gathers $4.5B to finance Scotland-London express trains, Bloomberg says
Hitachi (HTHIY) has gathered $4.5B from an array of international institutions to fund its contract to construct 65 high-speed express trains to use on Britainís East Coast rail line between Scotland and London, according to Bloomberg, citing a company spokeswoman. Some of the lenders include the Bank of Tokyo-Mitsubishi, Japan Bank for International Cooperation, HSBC (HSBC), Lloyds Banking (LYG) and the European Investment Bank. Reference Link

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