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Stock Market & Financial Investment News

News Breaks
January 2, 2013
07:35 EDTNMRNomura shelves proposed fund-raising for former Bumi assets, Telegraph says
Nomura (NMR) has canceled a planned $150M fund-raising to support the purchase of some controversial former Bumi assets by Benakat Petroleum Energy, reported The Telegraph. The companies involved in the scuttled fund-raising, and their alleged ongoing relationship to the Bakrie family, are part of an investigation into potential “financial and other irregularities” at Bumi Resources, according to the report. Reference Link
News For NMR From The Last 14 Days
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May 17, 2015
17:06 EDTNMRNomura, RBS ordered to pay $806M to Fannie, Freddie, Reuters says
U.S. District Judge Denise Cote has ordered Nomura (NMR) and RBS (RBS) to pay a total of $806M for allegedly misleading Fannie Mae (FNMA) and Freddie Mac (FMCC), Reuters reported Friday, citing court proceedings and a person familiar with the matter. Reuters notes that Fannie is set to receive $26.6M from the ruling, while Freddie will receive $779.4M. Reference Link
May 12, 2015
19:52 EDTNMRNomura, RBS could pay $805M in mortgage ruling, Reuters says
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