Fortress Investment Group (FIG) 7.92 $FIG
Fortress Invests in Italy, Buys UniCredit's Bad Loan Unit - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Feb 13, 4:04PM CST
Fortress Investment Group LLC (FIG) announced the signing of an agreement with the Italian bank UniCredit SpA. Per the deal, the company would take over UniCredit's bad loan unit.
FIG: 7.92 (+0.22), AMG: 215.77 (+1.21), WF: 25.24 (+0.42), PFLT: 13.73 (-0.07)
Buy Lee Enterprises, Sell New Media Investment
Saibus Research - at Seeking Alpha - Fri Feb 13, 1:48AM CST
FIG: 7.92 (+0.22), LEE: 2.97 (+0.12), NEWM: 22.38 (+0.27)
Fortress Announces Acquisition of the Rihga Royal Hotel Kyoto
Business Wire - Fri Feb 13, 1:00AM CST
Fortress Investment Group LLC (NYSE:FIG) today announced an agreement with the Royal Hotel, Ltd. ("Royal Hotel"
regarding the acquisition by a Fortress-managed fund of the Rihga Royal Hotel Kyoto, one of the region's most prestigious hotels. Originally built in 1969, the hotel is a landmark in Kyoto with a deep tradition and convenient access to Kyoto Station. Working with Royal Hotel on a long-term basis, the Fortress fund (together with other Fortress affiliates, "Fortress" plans to invest a significant amount of capital following the acquisition to enhance the current facilities and rooms to better meet the standards of a modern hotel, while retaining the historic feel and traditional elements that have enabled the Rihga Royal Hotel Kyoto to develop a loyal and distinguished clientele. Fortress expects the acquisition to close in the first quarter of 2015.
FIG: 7.92 (+0.22)
KKR Falls on Q4 Earnings Miss, Investment Income Down - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Feb 11, 8:24AM CST
KKR (KKR) reported adjusted economic net income per unit of 5 cents, substantially missing the Zacks Consensus Estimate of 40 cents. Moreover, the bottom line came in lower than the prior-year quarter figure of $1.04.
BAM: 54.40 (+0.93), AB: 27.17 (+0.47), FIG: 7.92 (+0.22), KKR: 24.42 (+0.06)
Fortress Investment Shares Up 11.6% Since SmarTrend's Buy Recommendation (FIG)
Comtex SmarTrend(R) - Mon Feb 09, 9:32AM CST
SmarTrend identified an Uptrend for Fortress Investment (NYSE:FIG) on October 22nd, 2014 at $6.75. In approximately 4 months, Fortress Investment has returned 11.55% as of today's recent price of $7.53.
FIG: 7.92 (+0.22)
Fortress to Release Fourth Quarter & Full Year 2014 Results and Announce Fourth Quarter 2014 Dividend on February 26, 2015
Business Wire - Thu Feb 05, 11:09AM CST
Fortress Investment Group LLC (NYSE:FIG) plans to announce its fourth quarter and full year 2014 financial results and its fourth quarter 2014 dividend prior to the opening of the New York Stock Exchange on Thursday, February 26, 2015. A copy of the press release will be posted to the Investor Relations section of Fortress's website, www.fortress.com.
FIG: 7.92 (+0.22)
Waddell & Reed's Q4 Earnings Beat on Top-Line Growth - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Feb 04, 8:16AM CST
Waddell & Reed (WDR) reported earnings per share of 97 cents, beating the Zacks Consensus Estimate of 88 cents. Moreover, the reported figure came in 5% above the year-ago quarter.
OAK: 57.07 (+1.39), APO: 23.70 (+0.36), FIG: 7.92 (+0.22), WDR: 49.94 (+0.15)
Asset Management and Custody Banks Stocks Highlight -- Apollo Global Management, Fortress Investment, FS Investment, Ameriprise Financial, and Eaton Vance
PR Newswire - Wed Feb 04, 7:55AM CST
Investor-Edge has initiated coverage on the following equities: Apollo Global Management LLC (NYSE: APO), Fortress Investment Group LLC (NYSE: FIG), FS Investment Corporation (NYSE: FSIC), Ameriprise Financial Inc. (NYSE: AMP), and Eaton Vance Corporation (NYSE: EV). Free research report on Apollo Global Management can be accessed at http://get.Investor-Edge.com/pdf/?c=Apollo%20...&s=APO. On Tuesday, February 03, 2015, the NASDAQ Composite ended at 4,727.74, up 1.09%, the Dow Jones Industrial Average advanced 1.76%, to finish the day at 17,666.40, and the S&P 500 closed at 2,050.03, up 1.44%. The gains were broad based as all the sectors ended the session in positive. The S&P 500 Financials Sector Index ended the day at 320.35, up 1.69%, with the index also advancing 1.66% in the previous three trading sessions. Register for your complimentary reports at the links given below.
APO: 23.70 (+0.36), FIG: 7.92 (+0.22), AMP: 137.81 (+0.24), EV: 42.58 (+0.29), FSIC: 9.49 (+0.03)
Marathon Patent Group Secures $50 Million Long Term Financing
Marketwired - Wed Feb 04, 7:31AM CST
Marathon Patent Group, Inc. (NASDAQ: MARA) ("Marathon" , a patent licensing company, announced today that it has entered into a $50 million long term financing facility with funds managed by affiliates of Fortress Investment Group (NYSE: FIG).
FIG: 7.92 (+0.22), MARA: 6.67 (-0.04)
Logan Circle Partners Announces Launch of Registered Mutual Funds
Business Wire - Tue Feb 03, 9:37AM CST
Logan Circle Partners L.P. ("Logan Circle" today announced the launch of the Logan Circle Partners Funds* I a family of mutual funds that will broaden investor access to investment strategies previously offered exclusively to the firm's institutional clients. The Logan Circle Partners Core Plus Fund (Tickers: LPCIX, LPCYX) I the fund family's first offering I was launched on December 31, 2014 and is accepting new investors. Logan Circle is in the process of launching a High Yield Fund and has filed a registration statement for this fund with the Securities and Exchange Commission.
SEIC: 43.20 (+0.07), FIG: 7.92 (+0.22)
Empire State Realty Trust Appoints John B. Kessler President and Chief Operating Officer
Business Wire - Mon Feb 02, 6:30AM CST
Empire State Realty Trust, Inc. (NYSE:ESRT), a leading real estate investment trust with office and retail properties in Manhattan and the greater New York metropolitan area, today announced that John B. Kessler has been appointed President and Chief Operating Officer, and has now assumed his duties. Anthony E. Malkin will continue as Chairman and Chief Executive Officer.
FIG: 7.92 (+0.22), ESRT: 18.03 (-0.22), MS: 36.78 (-0.12)
Zacks Rank #5 Additions for Monday - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Mon Jan 26, 8:30AM CST
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Monday
OAKS: 10.89 (-0.09), CVO: 1.92 (-0.04), FIG: 7.92 (+0.22), UAN: 11.84 (+0.10), CCE: 43.69 (-0.66)
Downgrade Alert for Fortress Investment (FIG)
Comtex SmarTrend(R) - Mon Jan 26, 6:57AM CST
Fortress Investment (NYSE:FIG) was downgraded from Outperform to Market Perform at Keefe Bruyette today. The stock closed yesterday at $7.36 on volume of 2.7 million shares, above average daily volume of 1.1 million. Potential upside of 33.0% exists for Fortress Investment, based on a current level of $7.36 and analysts' average consensus price target of $9.79. Fortress Investment shares should first meet resistance at the 200-day moving average (MA) of $7.37 and find additional resistance at the 50-day MA of $7.79.
FIG: 7.92 (+0.22)
Fortress caught with hand in Swiss cookie jar
Seeking Alpha - at Seeking Alpha - Wed Jan 21, 6:40AM CST
FIG: 7.92 (+0.22)
3 Buy-Rated Dividend Stocks: MPW, SHO, FIG
at The Street - Thu Jan 15, 9:30AM CST
These 3 dividend stocks are rated a Buy by TheStreet
MPW: 14.64 (+0.14), FIG: 7.92 (+0.22), SHO: 17.49 (-0.14)
Opportunity in financials elsewhere as Morgan Stanley fully priced
Seeking Alpha - at Seeking Alpha - Mon Jan 12, 1:51PM CST
FIG: 7.92 (+0.22), LAZ: 50.90 (+0.18), ETFC: 25.65 (-0.26), KKR: 24.42 (+0.06), MS: 36.78 (-0.12)
Company Profile for New Senior Investment Group
Business Wire - Fri Jan 09, 9:10AM CST
New Senior is a real estate investment trust focused on investing in senior housing properties across the United States. The Company is one of the largest owners of senior housing properties and currently owns 100 properties in 27 states. New Senior is managed by an affiliate of Fortress Investment Group LLC, a global investment management firm. More information about New Senior can be found at www.newseniorinv.com.
FIG: 7.92 (+0.22), SNR: 17.09 (+0.17)
Uptrend Call Working As Fortress Investment Stock Rises 17.8% (FIG)
Comtex SmarTrend(R) - Tue Jan 06, 5:21PM CST
SmarTrend identified an Uptrend for Fortress Investment (NYSE:FIG) on October 22nd, 2014 at $6.75. In approximately 3 months, Fortress Investment has returned 17.78% as of today's recent price of $7.95.
FIG: 7.92 (+0.22)
Fortress Invests in Italy, Buys UniCredit's Bad Loan Unit - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Feb 13, 4:04PM CST
Fortress Investment Group LLC (FIG) announced the signing of an agreement with the Italian bank UniCredit SpA. Per the deal, the company would take over UniCredit's bad loan unit.
FIG: 7.92 (+0.22), AMG: 215.77 (+1.21), WF: 25.24 (+0.42), PFLT: 13.73 (-0.07)
Buy Lee Enterprises, Sell New Media Investment
Saibus Research - at Seeking Alpha - Fri Feb 13, 1:48AM CST
FIG: 7.92 (+0.22), LEE: 2.97 (+0.12), NEWM: 22.38 (+0.27)
Fortress Announces Acquisition of the Rihga Royal Hotel Kyoto
Business Wire - Fri Feb 13, 1:00AM CST
Fortress Investment Group LLC (NYSE:FIG) today announced an agreement with the Royal Hotel, Ltd. ("Royal Hotel"
regarding the acquisition by a Fortress-managed fund of the Rihga Royal Hotel Kyoto, one of the region's most prestigious hotels. Originally built in 1969, the hotel is a landmark in Kyoto with a deep tradition and convenient access to Kyoto Station. Working with Royal Hotel on a long-term basis, the Fortress fund (together with other Fortress affiliates, "Fortress" plans to invest a significant amount of capital following the acquisition to enhance the current facilities and rooms to better meet the standards of a modern hotel, while retaining the historic feel and traditional elements that have enabled the Rihga Royal Hotel Kyoto to develop a loyal and distinguished clientele. Fortress expects the acquisition to close in the first quarter of 2015. FIG: 7.92 (+0.22)
KKR Falls on Q4 Earnings Miss, Investment Income Down - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Feb 11, 8:24AM CST
KKR (KKR) reported adjusted economic net income per unit of 5 cents, substantially missing the Zacks Consensus Estimate of 40 cents. Moreover, the bottom line came in lower than the prior-year quarter figure of $1.04.
BAM: 54.40 (+0.93), AB: 27.17 (+0.47), FIG: 7.92 (+0.22), KKR: 24.42 (+0.06)
Fortress Investment Shares Up 11.6% Since SmarTrend's Buy Recommendation (FIG)
Comtex SmarTrend(R) - Mon Feb 09, 9:32AM CST
SmarTrend identified an Uptrend for Fortress Investment (NYSE:FIG) on October 22nd, 2014 at $6.75. In approximately 4 months, Fortress Investment has returned 11.55% as of today's recent price of $7.53.
FIG: 7.92 (+0.22)
Fortress to Release Fourth Quarter & Full Year 2014 Results and Announce Fourth Quarter 2014 Dividend on February 26, 2015
Business Wire - Thu Feb 05, 11:09AM CST
Fortress Investment Group LLC (NYSE:FIG) plans to announce its fourth quarter and full year 2014 financial results and its fourth quarter 2014 dividend prior to the opening of the New York Stock Exchange on Thursday, February 26, 2015. A copy of the press release will be posted to the Investor Relations section of Fortress's website, www.fortress.com.
FIG: 7.92 (+0.22)
Waddell & Reed's Q4 Earnings Beat on Top-Line Growth - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Feb 04, 8:16AM CST
Waddell & Reed (WDR) reported earnings per share of 97 cents, beating the Zacks Consensus Estimate of 88 cents. Moreover, the reported figure came in 5% above the year-ago quarter.
OAK: 57.07 (+1.39), APO: 23.70 (+0.36), FIG: 7.92 (+0.22), WDR: 49.94 (+0.15)
Asset Management and Custody Banks Stocks Highlight -- Apollo Global Management, Fortress Investment, FS Investment, Ameriprise Financial, and Eaton Vance
PR Newswire - Wed Feb 04, 7:55AM CST
Investor-Edge has initiated coverage on the following equities: Apollo Global Management LLC (NYSE: APO), Fortress Investment Group LLC (NYSE: FIG), FS Investment Corporation (NYSE: FSIC), Ameriprise Financial Inc. (NYSE: AMP), and Eaton Vance Corporation (NYSE: EV). Free research report on Apollo Global Management can be accessed at http://get.Investor-Edge.com/pdf/?c=Apollo%20...&s=APO. On Tuesday, February 03, 2015, the NASDAQ Composite ended at 4,727.74, up 1.09%, the Dow Jones Industrial Average advanced 1.76%, to finish the day at 17,666.40, and the S&P 500 closed at 2,050.03, up 1.44%. The gains were broad based as all the sectors ended the session in positive. The S&P 500 Financials Sector Index ended the day at 320.35, up 1.69%, with the index also advancing 1.66% in the previous three trading sessions. Register for your complimentary reports at the links given below.
APO: 23.70 (+0.36), FIG: 7.92 (+0.22), AMP: 137.81 (+0.24), EV: 42.58 (+0.29), FSIC: 9.49 (+0.03)
Marathon Patent Group Secures $50 Million Long Term Financing
Marketwired - Wed Feb 04, 7:31AM CST
Marathon Patent Group, Inc. (NASDAQ: MARA) ("Marathon"
, a patent licensing company, announced today that it has entered into a $50 million long term financing facility with funds managed by affiliates of Fortress Investment Group (NYSE: FIG). FIG: 7.92 (+0.22), MARA: 6.67 (-0.04)
Logan Circle Partners Announces Launch of Registered Mutual Funds
Business Wire - Tue Feb 03, 9:37AM CST
Logan Circle Partners L.P. ("Logan Circle"
today announced the launch of the Logan Circle Partners Funds* I a family of mutual funds that will broaden investor access to investment strategies previously offered exclusively to the firm's institutional clients. The Logan Circle Partners Core Plus Fund (Tickers: LPCIX, LPCYX) I the fund family's first offering I was launched on December 31, 2014 and is accepting new investors. Logan Circle is in the process of launching a High Yield Fund and has filed a registration statement for this fund with the Securities and Exchange Commission. SEIC: 43.20 (+0.07), FIG: 7.92 (+0.22)
Empire State Realty Trust Appoints John B. Kessler President and Chief Operating Officer
Business Wire - Mon Feb 02, 6:30AM CST
Empire State Realty Trust, Inc. (NYSE:ESRT), a leading real estate investment trust with office and retail properties in Manhattan and the greater New York metropolitan area, today announced that John B. Kessler has been appointed President and Chief Operating Officer, and has now assumed his duties. Anthony E. Malkin will continue as Chairman and Chief Executive Officer.
FIG: 7.92 (+0.22), ESRT: 18.03 (-0.22), MS: 36.78 (-0.12)
Zacks Rank #5 Additions for Monday - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Mon Jan 26, 8:30AM CST
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List for Monday
OAKS: 10.89 (-0.09), CVO: 1.92 (-0.04), FIG: 7.92 (+0.22), UAN: 11.84 (+0.10), CCE: 43.69 (-0.66)
Downgrade Alert for Fortress Investment (FIG)
Comtex SmarTrend(R) - Mon Jan 26, 6:57AM CST
Fortress Investment (NYSE:FIG) was downgraded from Outperform to Market Perform at Keefe Bruyette today. The stock closed yesterday at $7.36 on volume of 2.7 million shares, above average daily volume of 1.1 million. Potential upside of 33.0% exists for Fortress Investment, based on a current level of $7.36 and analysts' average consensus price target of $9.79. Fortress Investment shares should first meet resistance at the 200-day moving average (MA) of $7.37 and find additional resistance at the 50-day MA of $7.79.
FIG: 7.92 (+0.22)
Fortress caught with hand in Swiss cookie jar
Seeking Alpha - at Seeking Alpha - Wed Jan 21, 6:40AM CST
FIG: 7.92 (+0.22)
3 Buy-Rated Dividend Stocks: MPW, SHO, FIG
at The Street - Thu Jan 15, 9:30AM CST
These 3 dividend stocks are rated a Buy by TheStreet
MPW: 14.64 (+0.14), FIG: 7.92 (+0.22), SHO: 17.49 (-0.14)
Opportunity in financials elsewhere as Morgan Stanley fully priced
Seeking Alpha - at Seeking Alpha - Mon Jan 12, 1:51PM CST
FIG: 7.92 (+0.22), LAZ: 50.90 (+0.18), ETFC: 25.65 (-0.26), KKR: 24.42 (+0.06), MS: 36.78 (-0.12)
Company Profile for New Senior Investment Group
Business Wire - Fri Jan 09, 9:10AM CST
New Senior is a real estate investment trust focused on investing in senior housing properties across the United States. The Company is one of the largest owners of senior housing properties and currently owns 100 properties in 27 states. New Senior is managed by an affiliate of Fortress Investment Group LLC, a global investment management firm. More information about New Senior can be found at www.newseniorinv.com.
FIG: 7.92 (+0.22), SNR: 17.09 (+0.17)
Uptrend Call Working As Fortress Investment Stock Rises 17.8% (FIG)
Comtex SmarTrend(R) - Tue Jan 06, 5:21PM CST
SmarTrend identified an Uptrend for Fortress Investment (NYSE:FIG) on October 22nd, 2014 at $6.75. In approximately 3 months, Fortress Investment has returned 17.78% as of today's recent price of $7.95.
FIG: 7.92 (+0.22)
