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Stock Market & Financial Investment News

News Breaks
March 25, 2013
11:44 EDTSANBanco Santander drops sharply after Eurogroup Cyprus comments
The ADR is down over 4.3%, last at $7, following comments from the Eurogroup that the resolution of the banking crisis in Cyprus would be a template for the remainder of the Eurozone as well. At last price, support is at $6.85. Resistance is at $7.29.
News For SAN From The Last 14 Days
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September 16, 2014
06:45 EDTSANBanco Santander acquires Carfinco for EUR210M
Banco Santander has reached an agreement with the auto financing company Carfinco to acquire its Canadian business for C298M, or approximately EUR210M. Santander will pay C11.25 in cash per share, representing a premium to shareholders of 32% above the volume-weighted average price over the last 90 trading days. As part of the agreement, Carfinco will also pay a special dividend to shareholders on the closing date. The amount of the special dividend will be determined closer to the closing date and is subject to necessary approvals. Carfinco’s board of directors has approved the transaction and will recommend that shareholders vote in favor. The transaction remains subject to regulatory approvals.
September 10, 2014
11:48 EDTSANBanco Santander confirms appointment of Ana Botin as board chair
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10:21 EDTSANBotin daughter likely to succeed father as chairwoman, Reuters says
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06:03 EDTSANBanco Santander chairman Botin passes away
Banco Santander regrets to announce that its chairman, Emilio Botin, has passed away. In accordance with the procedures set out in article 24 of the board rules, the appointments and remuneration committee and the board of directors will meet today to appoint a new chairman of the bank. Reference Link
September 5, 2014
07:18 EDTSANRegulators drafting flexible 'bail in' bond deal for large banks, Reuters says
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September 4, 2014
11:05 EDTSANOptions with increasing implied volatility
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