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News Highlights: Top Equities Stories of the Day

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Post# of 94274
Posted On: 12/30/2013 2:57:54 AM
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Posted By: MoneyMaker
News Highlights: Top Equities Stories of the Day


BLACKSTONE TO INVEST IN CROCS
Crocs Inc. has found a way to plug some holes. Blackstone Group LP is pumping $200 million into the footwear company in the form of a preferred stock investment, said Crocs Chief Financial Officer Jeff Lasher.

(published 0109 GMT)



MONTE DEI PASCHI HOLDERS OK CAPITAL RAISING
Banca Monte dei Paschi di Siena SpA's shareholders Saturday authorized the bank to carry out a EUR3 billion capital increase, but only after mid May, creating uncertainty about a share sale that the bank needs to avoid nationalization. (published 1736 GMT Sunday)





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