Monday, 22 December 2014
Last updated 33 min ago
Sep 23 2009 | 2:47am ET
Another quarter, another cancelled dividend from Fortress Investment Group.
The New York-based private equity giant yesterday said it would not pay a third-quarter dividend, the fifth-straight quarter it will not do so. The firm, which last month reported a narrower quarterly loss, said it would hold onto the money “for potential future investment opportunities and for working capital purposes.”
Fortress last paid a dividend in the second quarter of last year. The firm went public in February 2007.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.