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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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January 29, 2015
10:58 EDTSANOptions with increasing implied volatility
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January 27, 2015
07:18 EDTSANDiageo extends payment delay to 90 days for small suppliers, Telegraph says
Diageo (DEO), owner of Guinness and Johnnie Walker, notified suppliers it will delay payment for 90 days on all new contracts and tenders from February 1 onwards, reports the Telegraph. The notice also stated suppliers would have access to Santander (SAN) financing if any monetary issues arise due to the new policy. The Forum of Private Business plans to challenge Diageo on the matter. Reference Link
06:52 EDTSANEuropean Central Bank raises capital requirements for banks, WSJ says
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January 21, 2015
07:04 EDTSANSunEdison and TerraForm Power secure financing for solar project in UK
SunEdison (SUNE) and TerraForm Power (TERP) have secured financing to build five large-scale solar farms in the UK which will generate 85.2MW of electricity. The projects are expected to be acquired by Terraform in early 2015. Financing for the solar farms has been provided by Santander (SAN) Global Banking and Markets and Bayerische Landesbank, who acted as arrangers and Santander UK who acted as agent. The total amount financed was GBP70M. SunEdison has begun construction on all five sites, and will complete them in Q1.

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