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Stock Market & Financial Investment News

News Breaks
March 27, 2014
04:55 EDTTST, TST, TST, LAZ, LAZ, LAZ, FII, FII, FIIUniversity of Dayton co-hosts a conference
University of Dayton in association with United Nations Global Compact, holds RISE 14 (Redefining Investment Strategy Education), the largest student investment conference worldwide, in Dayton, Ohio on March 27-29.
News For TST;LAZ;FII From The Last 14 Days
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April 17, 2015
08:31 EDTFIIFederated Investors agrees to transition assets from Reich & Tang funds
Federated Investors announced that they have reached a definitive agreement for Federated to transition shareholder assets from Reich & Tang's money market funds. In connection with the transition, approximately $7B in shareholder accounts from six Reich & Tang money market funds will be transitioned into Federated strategies.The transaction is designed to assist with the orderly liquidation of Reich & Tang's domestic and offshore money market funds. The agreement provides for Federated, Reich & Tang, financial intermediaries and shareholders to work together on a coordinated and cooperative basis to transition the assets in shareholder accounts from the Reich & Tang money market funds to comparable Federated money market funds. Federated is now working with Reich & Tang customers on the transition, which is expected to take place in stages beginning in June and running through July 2015. The transaction and related transition of assets are subject to certain customary approvals and contingencies, such as shareholder consents.
April 15, 2015
17:31 EDTTSTJ. Carlo Cannell reports 8.85% stake in TheStreet, urges 'withhold vote'
Cannell, on behalf of the Investment Vehicles, identified the company as an entity satisfying each Investment Vehicle's investment criteria. The Investment Vehicles acquired and continue to hold the Shares as a long-term investment. Cannell reserves the right to discuss various views and opinions with respect to the company and its business plans with the company or the members of its senior management. The discussion of such views and opinions may extend from ordinary day-to-day business operations to matters such as nominees for representation on the company's board of directors, senior management decisions and extraordinary business transactions. Cannell reserves the right to take such action as he may deem necessary from time to time to seek to maximize the value of the Shares. Such actions may include, but may not necessarily be limited to, pursuit of strategic initiatives to enhance shareholder value. A shareholder of the Company since 2011, Cannell filed the original Schedule 13D on December 2, 2014 in which he articulated a significant structural conflict which he believed precludes all shareholders of the company from enjoying the value to which they are entitled and deserve. One hundred and twenty five days having passed with scant evidence of collaboration or argument to the contrary, Cannell today amends the Initial 13D to call for all Shareholders of the company to cast a "withhold vote" for any and all director election proposals and management compensation proposals appearing on the proxy solicitation form for the company's 2015 annual shareholder meeting.
April 13, 2015
10:00 EDTLAZOn The Fly: Analyst Downgrade Summary
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09:04 EDTLAZLazard downgraded to Hold from Buy at Sandler O'Neill
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April 9, 2015
07:35 EDTFIIFitch Ratings to hold a webcast
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April 8, 2015
06:29 EDTFIINew players entering repo market, WSJ says
Investors and small firms are filling a vacancy left by banks in the repo market, providing short-term loans to REITs and other borrowers, according to The Wall Street Journal. Invesco Mortgage Capital (IVR) and Invesco LTD (IVZ) are among the companies using these new funding sources, while Federated Investors (FII) has been discussing establishing new trading relationships with large securities holders such as insurance companies, the newspaper stated. Reference Link

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