Stock Market & Financial Investment News

News Breaks January 3, 2013 06:09 EDT MPG, BCS Some commercial mortgage bonds seen as risky, WSJ reports Some investors are now seeing problems with bonds backed by mortgages on commercial properties, reports the Wall Street Journal. Investors jumped into these bonds because of their relatively high yields. But demand sent prices soaring, and yields slid to record lows. Also, some investors continue to be concerned that defaults on these loans remain at historically high rates.Reference Link News For MPG;BCS From The Last 14 Days Check below for free stories on MPG;BCS the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. June 14, 2013 06:53 EDT MPG Brookfield Properties begins tender offer for outstanding preferred shares of MPG Office Trust Brookfield Office Properties (BPO) is commencing, through a direct wholly-owned subsidiary, a cash tender offer to purchase all outstanding shares of preferred stock of MPG Office Trust (MPG). BPO previously announced its intention to acquire MPG through a newly formed fund controlled by BPO on Thursday, April 25 pursuant to a merger agreement executed on April 24. Upon the closing of the tender offer, preferred stockholders of MPG will receive $25.00 in cash for each share of MPG preferred stock validly tendered and not validly withdrawn in the offer, without interest and less any required withholding taxes. Shares of MPG preferred stock that are tendered and accepted for payment in the tender offer will not receive any accrued and unpaid dividends on those shares. BPO will file today with the SEC a tender offer statement on Schedule TO which sets forth in detail the terms of the tender offer. MPG is required to file with the SEC a solicitation/recommendation statement on Schedule 14D-9 within 10 business days from today communicating its views regarding the tender offer to the holders of MPG preferred stock. June 12, 2013 07:53 EDT BCS Barclays wants banking standards task force in U.K., FT reports Subscribe for More Information June 11, 2013 07:25 EDT BCS International Economic Forum of the Americas to host a forum 19th Conference of Montreal is being held in Montreal, Canada on June 10-13. June 10, 2013 07:20 EDT BCS Biomed to host a conference Subscribe for More Information June 7, 2013 06:09 EDT BCS Top rated BofA Merrill analyst Nakanishi to leave firm, Bloomberg reports Subscribe for More Information June 6, 2013 18:30 EDT BCS U.S., British regulators prepare charges in Libor case, WSJ reports Subscribe for More Information 08:13 EDT BCS Sumitomo Mitsui sells a $400M stake in Barclays, Reuters reports Sumitomo Mitsui Banking Corp. (SMFG) sold a $400M stake in Barclays (BCS), about half its holding in the bank, reports Reuters. The shares were sold by Nomura (NMR), sources say. Reference Link 07:10 EDT BCS 'Dark pools' face regulatory scrutiny, WSJ reports Subscribe for More Information 06:13 EDT BCS Kelso hires Barclays to sell Custom Building Products, Reuters reports Kelso & Company hired Barclays (BCS) to find a buyer for Custom Building Products, which makes supplies for home furnishings and construction and has Home Depot (HD) as a primary retail partner, sources say, reports Reuters. Reference Link 06:03 EDT BCS On the Fly: Periodicals Wrap-Up Subscribe for More Information June 4, 2013 07:53 EDT BCS Deutsche Bank to host a conference Subscribe for More Information Sign up for a free trial to see the rest of the stories you've been missing.