U.S. Finance news

Finance

Industrial and business services specialist GenNx360 Capital Partners has named former RLJ Equity Partners executive Daphne Dufresne as a managing partner.  read more …
01.21 / 02:13
finalternatives.com
Companies in the $875 billion leveraged loan market are taking advantage of huge investor demand for floating-rate assets in order to cut pricing on existing debt, striking while the iron is hot to slash their borrowing costs.  read more …
01.21 / 02:13
finalternatives.com
Finsbury Food Group plc (LON:FIF)‘s stock had its “buy” rating reiterated by Beaufort Securities in a research note issued to investors on Friday. They presently have a GBX 140 ($1.69) target price on the stock. Beaufort Securities’ target price suggests a potential upside of 27.85% from the stock’s previous close. Several other research analysts have…
01.21 / 02:09
americanbankingnews.com
Close Brothers Group plc (LON:CBG)‘s stock had its “add” rating reissued by investment analysts at Peel Hunt in a report issued on Friday. They currently have a GBX 1,600 ($19.30) price objective on the stock. Peel Hunt’s price objective would suggest a potential upside of 10.88% from the stock’s current price. Other research analysts also…
01.21 / 02:08
americanbankingnews.com
Royal Mail PLC (LON:RMG)‘s stock had its “hold” rating reiterated by equities research analysts at Beaufort Securities in a research note issued on Friday. A number of other research firms have also weighed in on RMG. Liberum Capital reiterated a “sell” rating and issued a GBX 320 ($3.86) price target on shares of Royal Mail…
01.21 / 02:07
americanbankingnews.com
NEW YORK, Jan. 20, 2017 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Endologix, Inc. ("Endologix" or the "Company") (NASDAQ: ELGX) and certain of its officers. The class action, filed in United States District Court, Central District of …
01.21 / 01:55
prnewswire.com
SAN DIEGO, Jan. 20, 2017 /PRNewswire/ -- America's transportation sector is the top source for producing harmful carbon emissions and in San Diego it accounts for more than half of all carbon emissions. Aiming to help solve the problem, today San Diego Gas & Electric (SDG&E) filed a series…
01.21 / 01:54
prnewswire.com
TORONTO, ON--(Marketwired - January 20, 2017) - Sentry Investments Inc. ("Sentry" or the "company") wishes to correct statements contained in a media report published earlier this week relating to recent personnel changes. Following regulatory inquiries concerning the company's compliance with National Instrument 81-105 - Mutual Fund Sales Practices, and the commencement of an investigation by the Ontario Securities Commission (the "OSC"), a Special Committee of the board of directors of…
01.21 / 01:52
financialbuzz.com
SAN DIMAS, CA--(Marketwired - January 20, 2017) - Golden State Water Company (Golden State Water) today announced it will work closely with schools in each of its service areas to test the drinking water inside school facilities for compliance with state and federal lead standards. This work is in accordance with the State Water Resources Control Board Division of Drinking Water's recently-announced initiative encouraging California schools to work with their local water providers to…
01.21 / 01:52
financialbuzz.com
Bristol-Myers Squibb Company (NYSE:BMY) and Ono Pharmaceutical Company, Ltd. today announced the companies have signed a global patent license agreement with Merck & Co., Inc. (NYSE: MRK) to settle all patent-infringement litigation related to Merck’s PD-1 antibody Keytruda (pembrolizumab). The agreement will result in the dismissal with prejudice of all patent litigation between the companies pertaining to Keytruda. Bristol-Myers S…
01.21 / 01:51
financialbuzz.com
Total assets in the hedge fund industry set a second consecutive quarterly record to end 2016 and crested the $3 trillion mark for the first time, according to new data from Hedge Fund Research, as performance-based gains made up for the highest level of investor redemptions since 2009. read more …
01.21 / 01:37
finalternatives.com
American Express Co. (NYSE:AXP)‘s stock had its “market perform” rating reissued by stock analysts at JMP Securities in a note issued to investors on Friday. AXP has been the topic of a number of other research reports. Nomura downgraded American Express from a “neutral” rating to a “reduce” rating and reduced their target price for…
01.21 / 01:31
americanbankingnews.com
Edison International (NYSE:EIX)‘s stock had its “hold” rating restated by equities researchers at Evercore ISI in a research note issued to investors on Friday. Other research analysts have also recently issued reports about the company. RBC Capital Markets set a $81.00 price target on Edison International and gave the stock a “buy” rating in a…
01.21 / 01:30
americanbankingnews.com
The Saxton Group, the largest McAlister’s Deli franchisee, continues their DFW Expansion with three new locations set to open in the first half of 2017. The new restaurants will be located in: Lewisville, Cedar Hill and the Lake Highlands neighborhood of Dallas.The three locations will add to the 24 locations already open in DFW, making the metroplex the country’s largest market for the nearly 400 unit fast casual chain.“We have such a strong following in …
01.21 / 01:14
financialbuzz.com
The Independent Investment Trust plc (LON:IIT) declared a dividend on Friday, January 20th. Shareholders of record on Thursday, February 23rd will be paid a dividend of GBX 2.50 ($0.03) per share on Thursday, April 6th. This represents a yield of 0.64%. The ex-dividend date is Thursday, February 23rd. The official announcement can be seen at…
01.21 / 00:53
americanbankingnews.com
JUNEAU, Alaska (AP) - Alaska Gov. Bill Walker has proposed freezing his own salary, along with the salaries of the lieutenant governor, legislators and state department heads. It's part of a broader bill that would freeze non-union state-worker pay for two years, beginning in July. The bill also would allow…
01.21 / 00:47
washingtontimes.com
SAN FRANCISCO, Jan. 20, 2017 /PRNewswire/ -- A judge in San Francisco has just now ruled in favor of the Handlery family, owners of Lefty O'Doul's, and granted a temporary restraining order that will remain in effect until February 15 that prevents the looting of Lefty's by the outgoing tenant.…
01.21 / 00:40
prnewswire.com
Meggitt plc (LON:MGGT) was downgraded by equities research analysts at Liberum Capital to a “sell” rating in a research note issued to investors on Friday. They currently have a GBX 400 ($4.83) target price on the stock, up from their prior target price of GBX 390 ($4.71). Liberum Capital’s target price would indicate a potential…
01.21 / 00:17
americanbankingnews.com
Recognized for Excellence in Leadership, Innovation, Authoring Platform and Delivery, and Competitive Differentiation OVERLAND PARK, KS--(Marketwired - January 20, 2017) - CD2 Learning, a learning and development platform with LMS, CMS, built-in content authoring tools, gamification and social collaboration capabilities has been selected as one of the 2016 "Top 20 Authoring Tools Companies" by TrainingIndustry.com. "We're thrilled to be recognized by TrainingIndustry.com as a Top 20…
01.21 / 00:00
financialbuzz.com
The Federal Housing Administration will reduce the annual premium borrowers pay for insurance starting this month, a move that the agency hopes will help more Americans get access to mortgages and expand homeownership overall. The post Trump’s HUD Suspends Planned Cut in FHA Mortgage Insurance Premiums appeared first on…
01.20 / 23:58
ecreditdaily.com