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Zacks News
Company News For Dec 27, 2017
by Zacks Equity Research
Companies in the news are: MNK,SCMP,PTLA,COF and FIG
Fortress (FIG) to Divest Logan Circle Partners, Stock Down
by Zacks Equity Research
Fortress Investment Group LLC (FIG) entered into an agreement to divest its 100% stake in Logan Circle Partners to MetLife, Inc. (MET).
MetLife to Buy Logan Circle, Expand Investment Management
by Zacks Equity Research
MetLife, Inc. (MET) has entered into a definitive agreement with Fortress Investment to acquire its fixed income asset management business.
Mack-Cali (CLI) Brings Major Changes in Senior Management
by Zacks Equity Research
Mack-Cali Realty Corporation (CLI) announced changes in its senior management on Apr 5. While president Michael J. DeMarco took position as the chief executive officer, Mitchell Rudin has taken charge as the vice chairman.
Fortress Investment (FIG) Beats on Q4 Earnings, Costs Up
by Zacks Equity Research
Fortress Investment Group LLC (FIG) reported fourth-quarter 2016 pre-tax distributable earnings of 27 cents per share, outpacing the Zacks Consensus Estimate of 24 cents.
Fortress Soars 28% and Into Wednesday's Top 10 Gainers on SoftBank Buyout
by Joseph Lu
Shares of Fortress Investment Group LLC (FIG) are surging on Wednesday. In late-afternoon trading, the stock is up 28.5% to $7.99 per share since the opening of the market, after the definitive merger agreement with SoftBank Group Corp. (SFTBY) was settled on Tuesday, Feb. 14, 2017.
Fortress Investment (FIG) Worth a Look: Stock Rises 6.5%
by Zacks Equity Research
Fortress Investment Group LLC (FIG) shares rose over 6% in the last trading session.
Fortress Investment to Acquire Italian NPLs from UniCredit
by Zacks Equity Research
Fortress Investment announced a deal to buy a significant part of ???17.7 billion NPLs from UniCredit. Is this a wise move?