Edition:
United States

Fortress Investment Group LLC (FIG.N)

FIG.N on New York Stock Exchange

7.95USD
26 May 2017
Change (% chg)

$0.00 (+0.00%)
Prev Close
$7.95
Open
$7.95
Day's High
$7.95
Day's Low
$7.95
Volume
96,840
Avg. Vol
541,684
52-wk High
$8.05
52-wk Low
$4.23

Latest Key Developments (Source: Significant Developments)

Fortress Q1 loss per share $0.02
Monday, 8 May 2017 08:02am EDT 

May 8 (Reuters) - Fortress Investment Group ::Fortress reports first quarter 2017 results and announces dividend of $0.09 per share.Q1 gaap loss per share $0.02.Q1 earnings per share view $0.19 -- Thomson Reuters I/B/E/S.Fortress Investment Group Llc qtrly revenues $ 232 million versus $ 232 million.Fortress Investment Group - total assets under management at end of q1 of $70.16 billion versus $70.64 billion at end of q1 2016.Fortress Investment - has contractually agreed that it will not pay any dividends after march 31, 2017 while merger agreement with softbank remains in effect.Fortress Investment - class A shareholders should not anticipate receiving a dividend with respect to quarterly periods ended June 30, 2017 or September 30, 2017.  Full Article

Fortress Investment Group reports Q4 revenue of $438 million
Tuesday, 28 Feb 2017 08:05am EST 

Fortress Investment Group LLC : Fortress reports fourth quarter and year end 2016 results and announces dividend of $0.09 per share . Q4 GAAP earnings per share $0.33 . Q4 earnings per share view $0.20 -- Thomson Reuters I/B/E/S . Fortress Investment Group LLC - Management fee paying assets under management of $69.6 billion as of December 31, 2016 .Q4 revenues $438 million versus $415 million last year.  Full Article

Eurocastle announces new Italian investment and closes sale of Belfry and Truss
Wednesday, 21 Dec 2016 02:00am EST 

Eurocastle Investment Ltd : Eurocastle announces new Italian investment and closes sale of Belfry and Truss . Acquired a 25 percent interest in a portfolio of four non-performing loans to a single borrower, with a gross book value of about 16 million euros ($16.7 million) . Loans are approximately 74 percent secured by first line mortgages and 26 percent unsecured . Affiliates of Fortress Investment Group LLC have invested alongside Eurocastle by acquiring remaining interest in loans . Following agreed sale announced in Sept. 2016, 66 of 67 assets within legacy German real estate Belfry and Truss portfolios have successfully closed . Sale generated approximately 2.3 million euros of net proceeds to company compared to reported adjusted nav of zero for these portfolios as at Sept. 30 .Remaining asset is expected to close in January 2017 resulting in a further 34,000 euros of net proceeds to company.  Full Article

Fortress announces sale of riverplace tower in downtown jacksonville
Thursday, 8 Dec 2016 04:00pm EST 

Fortress Investment Group Llc : Fortress Investment Group Llc - 441,000 square foot class a tower was sold for $53.4 million .Fortress announces sale of riverplace tower in downtown jacksonville.  Full Article

Inventergy Amends Debt Agreement With Fortress
Thursday, 25 Aug 2016 09:00am EDT 

Inventergy Global Inc : Amended its debt agreement with Fortress Investment Group .Inventergy was provided a moratorium on monthly debt amortization payments until September 30, 2016.  Full Article

New Residential investment says offering 20.0 mln common shares
Wednesday, 10 Aug 2016 04:19pm EDT 

New Residential Investment Corp : New Residential announces public offering of common stock . Says offering 20.0 million common shares .Says offering 20.0 million common shares.  Full Article

New Residential and Walter Investment announce mortgage servicing rights purchase agreement
Tuesday, 9 Aug 2016 06:00am EDT 

New Residential Investment Corp : New Residential And Walter Investment announce mortgage servicing rights purchase agreement and subservicing agreement . Deal for $231 million . New Residential And Walter Investment announce mortgage servicing rights purchase agreement and subservicing agreement . Entered agreement for purchase, sale of almost all assets of Walter Capital opportunity, units, some related assets owned by Walter . Walter deal represents about $37 billion upb of MSRS for a purchase price of approximately $283 million .Assuming completion of both transactions with Walter and WCO, total purchase price is expected to be about $514 million.  Full Article

Fortress Investment Group LLC declares dividend
Thursday, 29 Oct 2015 07:00am EDT 

Fortress Investment Group LLC:Declares a cash dividend of $0.08 per dividend paying share for the third quarter of 2015.  Full Article

Fortress Investment Group LLC declares dividend
Thursday, 30 Jul 2015 07:00am EDT 

Fortress Investment Group LLC:Declares a second quarter 2015 cash dividend of $0.08 per dividend paying share.Says the dividend is payable on Aug. 14 to Class A shareholders of record as of the close of business on Aug. 11.  Full Article

More From Around the Web

MOVES-Morgan Stanley technology executive Hickson leaves for fintech company

May 18 Euroloan Group Plc hired Morgan Stanley's James Hickson as group president, the Helsinki-based financial technology company said on Thursday.