Latest Capmark Finl Group I (CPMK) Headlines
Capmark Financial Group Inc. Announces Agreement for Strategic Investment by Centerbridge
Business Wire - Thu Mar 06, 5:01AM CST
Capmark Financial Group Inc. ("Capmark" or the "Company") today announced that it has entered into an agreement with affiliates of Centerbridge Partners, L.P. ("Centerbridge") for a strategic investment in the Company by Centerbridge, subject to certain terms and conditions. Funds made available to the Company by Centerbridge would be used, together with the Company's own resources, to finance one or more acquisitions whose goal is to enhance value for all shareholders. Centerbridge would also be assisting the Company over a two to three year period in identifying potential acquisition candidates that fit the Company's strategic objectives.
Capmark Financial Group Inc. Adopts Interim Bylaw Amendment
Business Wire - Wed Feb 05, 5:00AM CST
Capmark Financial Group Inc. (the "Company") today announced that the Company's Board of Directors has approved an interim amendment to the Company's Bylaws in an effort to diminish the risk that the Company's use of its net operating losses would become subject to limitations by reason of the Company experiencing an "ownership change" under Section 382 of the Internal Revenue Code. The amendment was effective as of January 31, 2014, the date on which it was adopted by the Board.
Capmark Financial Group Inc. Announces Distribution to Shareholders
Business Wire - Thu Dec 19, 4:43PM CST
Capmark Financial Group Inc. (the "Company") announced that its Board of Directors has declared a cash distribution of $1.85 per share, to holders of the Company's common stock, totaling approximately $185 million. The distribution will be paid on December 30, 2013 to shareholders of record as of December 27, 2013.
Capmark Financial Group Inc. Issues Quarterly Report as of and for the three and nine months ended September 30, 2013
Business Wire - Thu Nov 07, 3:58PM CST
Capmark Financial Group Inc. (the "Company") today issued its Quarterly Report as of and for the three and nine months ended September 30, 2013. The Company reported consolidated net income of $8.8 million and $54.0 million for the three and nine months ended September 30, 2013, respectively. The Company also reported consolidated total assets of $0.9 billion, consolidated total liabilities of $0.3 billion, and stockholders' equity of $0.5 billion as of September 30, 2013.
Capmark Financial Group Inc. Issues Quarterly Report as of and for the three and six months ended June 30, 2013
Business Wire - Mon Aug 12, 5:21PM CDT
Capmark Financial Group Inc. (the "Company") today issued its Quarterly Report as of and for the three and six months ended June 30, 2013. The Company reported consolidated net income of $46.9 million and $45.2 million for the three and six months ended June 30, 2013, respectively. The Company also reported consolidated total assets of $1.6 billion, consolidated total liabilities of $0.9 billion, and stockholders' equity of $0.7 billion as of June 30, 2013.
Capmark Financial Group Inc. Issues Quarterly Report as of and for the three months ended March 31, 2013
Business Wire - Mon May 13, 5:18PM CDT
Capmark Financial Group Inc. (the "Company") today issued its Quarterly Report as of and for the three months ended March 31, 2013. The Company reported a net loss of $1.8 million for the three months ended March 31, 2013 and had consolidated total assets of $2.2 billion, consolidated total liabilities of $1.3 billion, and stockholders' equity of $0.9 billion as of March 31, 2013.
Capmark Financial Group Inc. By-Laws Amendment
Business Wire - Thu Apr 11, 7:03PM CDT
Capmark Financial Group Inc. (the "Company") today reported that the Company's board of directors has approved an amendment to Article VII, Section 11(b) of the Company's by-laws to delete the requirement to publish supplemental financial information. The amendment is expected to be effective on May 12, 2013. The Company will continue to issue quarterly and annual financial statements as required by Article VII, Section 11(a) of the Company's by-laws. In addition, the Company announced at its investor meeting on April 2, 2013 that it currently intends to publish certain additional information regarding the Company's assets in the form presented at the meeting.
Favorable Ruling for Goldman - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 10, 4:31PM CDT
Goldman won the dismissal of a lawsuit filed by Capmark Financial Group Inc. (CPMK), which alleged that the U.S. banking major influenced the company to refinance $1.5 billion in unsecured debt.
Capmark Financial Group Inc. Announces 2012 Results
Business Wire - Thu Mar 28, 5:51PM CDT
Capmark Financial Group Inc. (the "Company") today issued its Report as of and for the periods ended December 31, 2012 and December 31, 2011. The Company reported net income of $122 million for the year ended December 31, 2012 and had consolidated total assets of $2.9 billion, consolidated total liabilities of $1.5 billion, and stockholders' equity of $1.3 billion as of December 31, 2012.
Capmark Financial Group Inc. To Host Annual Stockholder Meeting on April 11, 2013
Business Wire - Wed Mar 06, 1:20PM CST
Capmark Financial Group Inc. (the "Company") today announced that it will host its annual stockholders meeting on April 11, 2013 at the offices of the Company's counsel, Kramer Levin Naftalis & Frankel LLP in New York City. The Company's proxy statement will contain additional information regarding the meeting and will be sent to stockholders of record as of the close of business on March 6, 2013.
Capmark Financial Group Inc. To Host Investor Meeting on April 2, 2013
Business Wire - Thu Feb 21, 4:08PM CST
Capmark Financial Group Inc. (the "Company") today announced that the Company will host an investor meeting on Tuesday, April 2, 2013 in New York, NY from 12:00 p.m. to approximately 2:00 p.m. (ET). The meeting will include a presentation by the Company's management regarding its business and a review of the consolidated financial statements as of and for the year ended December 31, 2012 followed by a question and answer session. The Company anticipates reporting its results for the year ended December 31, 2012 on or before March 29, 2013.
Capmark Financial Group Inc. Announces Agreement for Strategic Investment by Centerbridge
Business Wire - Thu Mar 06, 5:01AM CST
Capmark Financial Group Inc. ("Capmark" or the "Company") today announced that it has entered into an agreement with affiliates of Centerbridge Partners, L.P. ("Centerbridge") for a strategic investment in the Company by Centerbridge, subject to certain terms and conditions. Funds made available to the Company by Centerbridge would be used, together with the Company's own resources, to finance one or more acquisitions whose goal is to enhance value for all shareholders. Centerbridge would also be assisting the Company over a two to three year period in identifying potential acquisition candidates that fit the Company's strategic objectives.
Capmark Financial Group Inc. Adopts Interim Bylaw Amendment
Business Wire - Wed Feb 05, 5:00AM CST
Capmark Financial Group Inc. (the "Company") today announced that the Company's Board of Directors has approved an interim amendment to the Company's Bylaws in an effort to diminish the risk that the Company's use of its net operating losses would become subject to limitations by reason of the Company experiencing an "ownership change" under Section 382 of the Internal Revenue Code. The amendment was effective as of January 31, 2014, the date on which it was adopted by the Board.
Capmark Financial Group Inc. Announces Distribution to Shareholders
Business Wire - Thu Dec 19, 4:43PM CST
Capmark Financial Group Inc. (the "Company") announced that its Board of Directors has declared a cash distribution of $1.85 per share, to holders of the Company's common stock, totaling approximately $185 million. The distribution will be paid on December 30, 2013 to shareholders of record as of December 27, 2013.
Capmark Financial Group Inc. Issues Quarterly Report as of and for the three and nine months ended September 30, 2013
Business Wire - Thu Nov 07, 3:58PM CST
Capmark Financial Group Inc. (the "Company") today issued its Quarterly Report as of and for the three and nine months ended September 30, 2013. The Company reported consolidated net income of $8.8 million and $54.0 million for the three and nine months ended September 30, 2013, respectively. The Company also reported consolidated total assets of $0.9 billion, consolidated total liabilities of $0.3 billion, and stockholders' equity of $0.5 billion as of September 30, 2013.
Capmark Financial Group Inc. Issues Quarterly Report as of and for the three and six months ended June 30, 2013
Business Wire - Mon Aug 12, 5:21PM CDT
Capmark Financial Group Inc. (the "Company") today issued its Quarterly Report as of and for the three and six months ended June 30, 2013. The Company reported consolidated net income of $46.9 million and $45.2 million for the three and six months ended June 30, 2013, respectively. The Company also reported consolidated total assets of $1.6 billion, consolidated total liabilities of $0.9 billion, and stockholders' equity of $0.7 billion as of June 30, 2013.
Capmark Financial Group Inc. Issues Quarterly Report as of and for the three months ended March 31, 2013
Business Wire - Mon May 13, 5:18PM CDT
Capmark Financial Group Inc. (the "Company") today issued its Quarterly Report as of and for the three months ended March 31, 2013. The Company reported a net loss of $1.8 million for the three months ended March 31, 2013 and had consolidated total assets of $2.2 billion, consolidated total liabilities of $1.3 billion, and stockholders' equity of $0.9 billion as of March 31, 2013.
Capmark Financial Group Inc. By-Laws Amendment
Business Wire - Thu Apr 11, 7:03PM CDT
Capmark Financial Group Inc. (the "Company") today reported that the Company's board of directors has approved an amendment to Article VII, Section 11(b) of the Company's by-laws to delete the requirement to publish supplemental financial information. The amendment is expected to be effective on May 12, 2013. The Company will continue to issue quarterly and annual financial statements as required by Article VII, Section 11(a) of the Company's by-laws. In addition, the Company announced at its investor meeting on April 2, 2013 that it currently intends to publish certain additional information regarding the Company's assets in the form presented at the meeting.
Favorable Ruling for Goldman - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Apr 10, 4:31PM CDT
Goldman won the dismissal of a lawsuit filed by Capmark Financial Group Inc. (CPMK), which alleged that the U.S. banking major influenced the company to refinance $1.5 billion in unsecured debt.
Capmark Financial Group Inc. Announces 2012 Results
Business Wire - Thu Mar 28, 5:51PM CDT
Capmark Financial Group Inc. (the "Company") today issued its Report as of and for the periods ended December 31, 2012 and December 31, 2011. The Company reported net income of $122 million for the year ended December 31, 2012 and had consolidated total assets of $2.9 billion, consolidated total liabilities of $1.5 billion, and stockholders' equity of $1.3 billion as of December 31, 2012.
Capmark Financial Group Inc. To Host Annual Stockholder Meeting on April 11, 2013
Business Wire - Wed Mar 06, 1:20PM CST
Capmark Financial Group Inc. (the "Company") today announced that it will host its annual stockholders meeting on April 11, 2013 at the offices of the Company's counsel, Kramer Levin Naftalis & Frankel LLP in New York City. The Company's proxy statement will contain additional information regarding the meeting and will be sent to stockholders of record as of the close of business on March 6, 2013.
Capmark Financial Group Inc. To Host Investor Meeting on April 2, 2013
Business Wire - Thu Feb 21, 4:08PM CST
Capmark Financial Group Inc. (the "Company") today announced that the Company will host an investor meeting on Tuesday, April 2, 2013 in New York, NY from 12:00 p.m. to approximately 2:00 p.m. (ET). The meeting will include a presentation by the Company's management regarding its business and a review of the consolidated financial statements as of and for the year ended December 31, 2012 followed by a question and answer session. The Company anticipates reporting its results for the year ended December 31, 2012 on or before March 29, 2013.
