Subprime mortgage crisis

Certain Morgan Stanley Closed-End Funds Declare Year-End Dividends

Retrieved on: 
Tuesday, December 8, 2020

A portion of the Morgan Stanley Emerging Markets Domestic Debt Fund, Inc.s 2020 distribution is a return of capital.

Key Points: 
  • A portion of the Morgan Stanley Emerging Markets Domestic Debt Fund, Inc.s 2020 distribution is a return of capital.
  • For Morgan Stanley Emerging Markets Debt Fund, Inc. it is possible that all or a portion of the Funds 2020 dividends may be a return of capital and that determination cannot yet be made.
  • The amount of dividends paid by each of the Funds may vary from time to time.
  • Morgan Stanley is a leading global financial services firm providing investment banking, securities, wealth management and investment management services.

Morgan Stanley China A Share Fund, Inc. Declares a Dividend 

Retrieved on: 
Tuesday, December 8, 2020

Morgan Stanley Investment Management, together with its investment advisory affiliates, has more than 729 investment professionals around the world and $715 billion in assets under management or supervision as of September 30, 2020.

Key Points: 
  • Morgan Stanley Investment Management, together with its investment advisory affiliates, has more than 729 investment professionals around the world and $715 billion in assets under management or supervision as of September 30, 2020.
  • Morgan Stanley Investment Management strives to provide outstanding long-term investment performance, service and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide.
  • For further information about Morgan Stanley Investment Management, please visit www.morganstanley.com/im .
  • Morgan Stanley is a leading global financial services firm providing investment banking, securities, wealth management and investment management services.

Stifel to Present at the Goldman Sachs U.S. Financial Services Conference

Retrieved on: 
Tuesday, December 8, 2020

ST. LOUIS, Dec. 08, 2020 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced its participation in the Goldman Sachs U.S. Financial Services Conference on Wednesday, December 9, 2020.

Key Points: 
  • ST. LOUIS, Dec. 08, 2020 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced its participation in the Goldman Sachs U.S. Financial Services Conference on Wednesday, December 9, 2020.
  • Stifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries.
  • The Companys broker-dealer affiliates provide securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, professional money managers, businesses, and municipalities.
  • Stifel Bank and Stifel Bank & Trust offer a full range of consumer and commercial lending solutions.

C STOCK DEADLINE: Zhang Investor Law Reminds Investors with Losses of the Deadline in Securities Class Action Lawsuit Against Citigroup Inc. – C

Retrieved on: 
Tuesday, December 8, 2020

NEW YORK, Dec. 08, 2020 (GLOBE NEWSWIRE) -- Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Citigroup Inc. (NYSE: C) between January 15, 2016 and October 12, 2020, inclusive (the Class Period).

Key Points: 
  • NEW YORK, Dec. 08, 2020 (GLOBE NEWSWIRE) -- Zhang Investor Law announces a class action lawsuit on behalf of shareholders who bought shares of Citigroup Inc. (NYSE: C) between January 15, 2016 and October 12, 2020, inclusive (the Class Period).
  • To join the class action, go to http://zhanginvestorlaw.com/join-action-form/?slug=citigroup-inc&id=2503 or call Sophie Zhang, Esq.
  • toll-free at 800-991-3756 or email [email protected] for information on the class action.
  • When the true details entered the market, the lawsuit claims that investors suffered damages.

T. Rowe Price CFO Céline Dufétel To Speak At Goldman Sachs U.S. Financial Services Conference

Retrieved on: 
Tuesday, December 8, 2020

BALTIMORE, Dec. 8, 2020 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today announced that Cline Duftel, its chief financial officer and treasurer, is scheduled to speak at the Goldman Sachs U.S. Financial Services Conference on Wednesday, December 9, 2020.

Key Points: 
  • BALTIMORE, Dec. 8, 2020 /PRNewswire/ -- T. Rowe Price Group, Inc. (NASDAQ-GS: TROW) today announced that Cline Duftel, its chief financial officer and treasurer, is scheduled to speak at the Goldman Sachs U.S. Financial Services Conference on Wednesday, December 9, 2020.
  • A live audio webcast will be available on the T. Rowe Price Investor Relations web site ( https://investors.troweprice.com ).
  • Founded in 1937, Baltimore-based T. Rowe Price Group, Inc. ( troweprice.com ), is a global investment management organization with $1.30 trillion in assets under management as of October 31, 2020.
  • The organization provides a broad array of mutual funds, subadvisory services, and separate account management for individual and institutional investors, retirement plans, and financial intermediaries.

Val Shapiro Joins Ankura's Turnaround & Restructuring Group as Senior Managing Director

Retrieved on: 
Tuesday, December 8, 2020

NEW YORK, Dec. 8, 2020 /PRNewswire/ -- Ankura, a global business advisory and expert services company, today announced the appointment of Val Shapiro as Senior Managing Director.

Key Points: 
  • NEW YORK, Dec. 8, 2020 /PRNewswire/ -- Ankura, a global business advisory and expert services company, today announced the appointment of Val Shapiro as Senior Managing Director.
  • Based in New York, Ms. Shapiro brings more than 20 years of restructuring, corporate finance and accounting experience to the Turnaround & Restructuring group.
  • "She is a welcome addition to our Turnaround & Restructuring team as we extend our existing strength, and her experience in creditor side representation will certainly benefit our clients."
  • Prior to joining Ankura, Ms. Shapiro was a Senior Research Analyst at Goldman Sachs Asset Management and at Onex Credit Partners.

Tiffany & Co. Announces Commencement of Consent Solicitations

Retrieved on: 
Tuesday, December 8, 2020

The consent solicitations are also subject to certain other customary conditions, each of which may be waived by the Company at any time.

Key Points: 
  • The consent solicitations are also subject to certain other customary conditions, each of which may be waived by the Company at any time.
  • The Solicitation Agents in connection with the consent solicitations are MUFG Securities Americas Inc. and Citigroup Global Markets Inc.
  • The consent solicitations are being made solely by the consent solicitation statement and are subject to the terms and conditions stated therein.
  • The Company reserves the right to modify the consent solicitation statement or to terminate any of the consent solicitations at any time.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Citigroup Inc. - C

Retrieved on: 
Tuesday, December 8, 2020

NEW YORK, Dec. 07, 2020 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Citigroup Inc. (Citigroup or the Company) (NYSE:C).

Key Points: 
  • NEW YORK, Dec. 07, 2020 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Citigroup Inc. (Citigroup or the Company) (NYSE:C).
  • On September 14, 2020, reports surfaced that regulators were preparing to reprimand Citi for failing to improve its risk-management systems.
  • On this news, Citis stock price fell $2.85 per share, or 5.59%, to close at $48.15 per share on September 14, 2020.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.

Nasdaq, Inc. Prices $1.9 Billion Senior Notes Offering

Retrieved on: 
Monday, December 7, 2020

NEW YORK, Dec. 07, 2020 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (the Company) (Nasdaq: NDAQ) today announced that it priced a public offering of $600,000,000 aggregate principal amount of 0.445% senior notes due 2022, $650,000,000 aggregate principal amount of 1.650% senior notes due 2031 and $650,000,000 aggregate principal amount of 2.500% senior notes due 2040 (the Offering).

Key Points: 
  • NEW YORK, Dec. 07, 2020 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (the Company) (Nasdaq: NDAQ) today announced that it priced a public offering of $600,000,000 aggregate principal amount of 0.445% senior notes due 2022, $650,000,000 aggregate principal amount of 1.650% senior notes due 2031 and $650,000,000 aggregate principal amount of 2.500% senior notes due 2040 (the Offering).
  • The Offering is expected to close on December 21, 2020, subject to customary closing conditions.
  • J.P. Morgan Securities LLC, BofA Securities, Inc., Goldman Sachs& Co. LLC and Morgan Stanley& Co. LLC will act as joint book-running managers for the Offering.
  • Our diverse offering of data, analytics, software and services enables clients to optimize and execute their business vision with confidence.

Array Technologies, Inc. Announces Closing of Secondary Offering of 36,656,250 Shares

Retrieved on: 
Monday, December 7, 2020

The Company did not receive any of the proceeds from the sale of shares by the Selling Stockholder.

Key Points: 
  • The Company did not receive any of the proceeds from the sale of shares by the Selling Stockholder.
  • Goldman Sachs & Co. LLC and J.P. Morgan acted as joint book-running managers and representatives of the underwriters for the offering.
  • A registration statement relating to the offering has been filed with the SEC and declared effective on December 2, 2020.
  • This press release contains forward looking statements, including statements regarding the secondary offering.