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Stock Market & Financial Investment News

News Breaks
November 25, 2012
16:07 EDTRBSRBS fearful of 'double hit' Libor fines, Telegraph says
The Royal Bank of Scotland (RBS) is worried that it may receive a "double hit" of fines in the libor controversy, one from the Financial Services Authority and one from the US regulators, says the Telegraph. Reference Link
News For RBS From The Last 14 Days
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June 18, 2013
14:16 EDTRBSInvestors oppose potential breakup of Royal Bank of Scotland, SkyNews reports
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June 14, 2013
10:10 EDTRBSOn The Fly: Analyst Initiation Summary
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05:39 EDTRBSRoyal Bank of Scotland initiated with a Buy at Jefferies
June 13, 2013
15:29 EDTRBSPM says return on RBS bailout more important than timing, Bloomberg reports
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10:05 EDTRBSOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: AngloGold (AU) downgraded to Sell from Hold at Societe Generale... Banco Santander (SAN) downgraded to Underweight from Neutral at JPMorgan... Cosi (COSI) downgraded to Neutral from Buy at Roth Capital... Randgold Resources (GOLD) downgraded to Hold from Buy at Societe Generale... Republic Services (RSG) downgraded to Buy from Conviction Buy at Goldman... Royal Bank of Scotland (RBS) downgraded to Sell from Hold at Deutsche Bank... Safeway (SWY) downgraded to Neutral from Buy at Citigroup... Smithfield Foods (SFD) downgraded to Neutral from Buy at Davenport... Vantage Drilling (VTG) downgraded to Market Perform from Outperform at Wells Fargo... Waste Management (WM) downgraded to Neutral from Buy at Goldman... Lexington Realty (LXP) downgraded to Underweight from Hold at KeyBanc... EPR Properties (EPR) downgraded to Underweight from Hold at KeyBancMedical Properties Trust (MPW) downgraded to Underweight from Hold at KeyBanc... Ventas (VTR) downgraded to Underweight from Hold at KeyBanc... Health Care REIT (HCN) downgraded to Hold from Buy at KeyBanc... StellarOne (STEL) downgraded to Market Perform from Strong Buy at Raymond James... Polypore (PPO) downgraded to Hold from Buy at Topeka.
08:13 EDTRBSRBS will have difficulty filling CEO position after Hester ouster, Reuters says
The Royal Bank of Scotland now faces a difficult task in replacing the ousted CEO Stephen Hester from what's a small group of potential candidates to lead the bank through privatization, reports Reuters. RBS needs an experienced banker untainted by the industry's scandals who is also used to dealing with its biggest shareholder, the government, as well as lawmakers and regulators. Reference Link
07:01 EDTRBSRoyal Bank of Scotland volatility at nine-month high into job reductions
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06:02 EDTRBSRoyal Bank of Scotland downgraded to Sell from Hold at Deutsche Bank
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June 12, 2013
14:14 EDTRBSRoyal Bank of Scotland to cut investment bank jobs, Sky News says
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12:18 EDTRBSRoyal Bank of Scotland CEO Hester to step down later this year
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10:14 EDTRBSOn the Fly: Upgrade Summary
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08:27 EDTRBSBank of England's Fisher wants end to RBS uncertainty, Reuters reports
Bank of England markets director Paul Fisher says Britain should end the uncertainty over long-term plans for state-controlled Royal Bank of Scotland, reports Reuters. He said RBS's ability to attract investors and sustain lending was being hampered by a lack of clarity over when it would be returned to the private sector and whether it might be split up.Reference Link
07:53 EDTRBSBarclays wants banking standards task force in U.K., FT reports
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05:32 EDTRBSRoyal Bank of Scotland upgraded to Overweight from Equal Weight at Barclays
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June 11, 2013
07:27 EDTRBSCommercial Payments International to host a conference
EMEA Middle Market Conference 2013 is being held in London, England on June 11.
June 9, 2013
11:56 EDTRBSU.K. signals sale of Lloyds shares with RBS coming later, Sunday Times reports
The U.K. is signalling an early sale of part of its stake in bailed-out lender Lloyds Banking Group (LYG) and a possibility of Royal Bank of Scotland (RBS) shares owned by the government being sold soon after, says the Sunday Times. Reference Link

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