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Stock Market & Financial Investment News

News Breaks
January 17, 2014
06:08 EDTRCAPRCS Capital agrees to acquire J.P. Turner
RCS Capital announced that it has entered into an agreement to purchase J.P. Turner & Company, an independent brokerage and investment banking firm, and its affiliated investment advisory company, J.P. Turner & Company Capital Management. Following the acquisition, J.P. Turner will become part of the independent financial advisor network at RCAP and will complement and help to further diversify RCAP's revenue base, which presently is derived from its wholesale distribution business, investment banking and capital markets services activities, investment management work, and transaction management and transfer agency lines of business. The transaction is expected to close later in 2014 and is subject to certain regulatory approvals and filings and certain customary and other closing conditions, including completion by RCAP of its pending acquisition of Cetera Financial Holdings.
News For RCAP From The Last 14 Days
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November 30, 2015
06:01 EDTRCAPRCS Capital appoints Mason Allen as General Counsel
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November 17, 2015
11:45 EDTRCAPRCS Capital jumps after board elects new CEO Lawrence Roth
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05:12 EDTRCAPRCS Capital reports Q3 adjusted EPS 10c, consensus 13c
Reports Q3 revenue $589.6M, one estimate $532.7M. Reports Q3 Assets Under Administration $224.8B. Reports Q3 AUM $45.4B.

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