Category: Financial Services

Press release distribution, EDGAR filing, XBRL, regulatory filings

The links … )–Blackstone announced today that it has filed with the U.S. Securities and Exchange Commission its Annual Report on Form 10-K for the year ended December 31, 201… )–HFF has closed the $227 million sale of and arranged $175 million in financing for Tysons Metro Center, a four-building, Class A office portfolio totaling 763,965 squar… )–Rayonier Inc. announced today that the company’s board of directors has declared a first quarter cash dividend of $0.25 per common share. The dividen… )–John Gerspach, Chief Financial Officer of Citigroup, will present at the RBC Capital Markets 2017 Financial Institutions Conference on Tuesday, March 7, 2017.

2/12/2017

… to repeal – a promise that is proving to be more complicated to keep than he had expected. Mr. Cohn is working with a health care specialist and consulting with House Republicans: Speaker Paul D. Ryan; Kevin McCarthy, the majority leader; and Jeb …

2/12/2017

… to repeal – a promise that is proving to be more complicated to keep than he had expected. Mr. Cohn is working with a health care specialist and consulting with House Republicans: Speaker Paul D. Ryan; Kevin McCarthy, the majority leader; and Jeb …

A.M. Best Removes from Under Review and Takes Various Credit Rating…

A.M. Best Removes from Under Review and Takes Various Credit Rating Actions on Insurance Subsidiaries of Nassau Reinsurance Group Holdings, L.P. A.M. Best Removes from Under Review and Takes Various Credit Rating Actions on Insurance Subsidiaries of Nassau Reinsurance Group Holdings, L.P. A.M. Best has removed from under review with developing implications and affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Ratings of “bb+” of the key life/health subsidiaries of The Phoenix Companies, Inc. . Additionally, the Long-Term ICR of “b” of Phoenix and its existing Long-Term Issue Credit Ratings have been removed from under review with developing implications and affirmed.

FTSE 100 movers: Burberry shines on update but Pearson tanks

London’s FTSE 100 was up 0.2% to 7,235.79 in afternoon trade, with updates from Burberry and Pearson in focus. Luxury retailer Burberry was the standout gainer after it reported 4% growth in underlying retail sales for the third quarter, boosted by a return to growth for the Asia Pacific region but with the Americas still in decline.

Retirement Weekly: Investments for retirement

… exchange-traded funds focused on distinct sectors of the economy. The consumer discretionary, energy, financials, health care, industrials, information technology, materials, consumer staples and utilities ETFs select investments from Standard & …

Exelixis Inc. (EXEL) Stake Raised by Swiss National Bank

Swiss National Bank increased its position in shares of Exelixis Inc. by 1.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission . The fund owned 367,300 shares of the biotechnology company’s stock after buying an additional 5,600 shares during the period.

Lincoln Financial Group’s Nancy Smith Honored by Philadelphia’s…

Lincoln Financial Group announced today that Nancy Smith, vice president, senior counsel and assistant corporate secretary, has been honored by the Homeless Advocacy Project for her volunteer work facilitating and contributing to pro bono legal clinics. “The legal clinics sponsored by HAP play an instrumental role in transforming the lives of homeless individuals and families,” said Kirkland Hicks, executive vice president and general counsel for Lincoln Financial.

TIMELINE: The tumultuous 155-year history of oil prices

Most recently, after two years of depressed prices, OPEC agreed to curtail output by 1.2 million barrels per day at its meeting in Vienna in late November in an attempt to end the global supply glut. Several non-OPEC producers including Russia tagged along in December, agreeing to reduce output by about 560,000 bpd .

Largest public pension system to sell all tobacco stocks

The California Public Employees’ Retirement System decided Monday to sell its last $550 million worth of tobacco-related investments nearly two decades after trading away the bulk of them. In a 9-3 vote, the CalPERS investment committee disregarded the advice from its own financial advisers who recommended reversing a sell-off approved in 2000, which has cost the system more than $3 billion in lost earnings.

The nation’s largest public pension system is giving up tobacco.

The California Public Employees’ Retirement System decided Monday to sell off its last $550 million worth of tobacco-related investments nearly two decades after trading away the bulk of them. In a 9-3 vote, the CalPERS investment committee disregarded the advice from its own financial advisers who recommended reversing a sell-off approved in 2000, which has cost the system more than $3 billion in lost earnings.