std

Financial Sector Report: March 3rd, 2011

acquisition, aig, banco, bank, blackrock, bx, citigroup, consumer, financial, insurance, lending, m&a, merger, met, metlife, sale, santander, sector, sell, shares, std, underwriting

Financial shares are higher while American International Group (AIG) strikes a deal to sell its interest in MetLife (MET). In sector ETFs, Financial Select Sector SPDR ETF (XLF) is up 1.77% to $16.69. In mid-day news, shares of Am

By Stephanie Shyu
sshyu@fnno.com

Santander to Join BlackRock Team in Bid for Citigroup Unit

acquisitions, banco santander, black rock, blackstone group, business, citigroup, income, investment, kkr, market, mergers, news, shares, stocks, trade, warburg pincus

BlackRock Inc. (NYSE:BLK), Spain's Banco Santander SA (NYSE:STD) and more than 10 other private equity firms are looking to extend bids for Citigroup's (NYSE:C) U.S.

By Stephanie Shyu
sshyu@fnno.com

What's In The News: March 3rd, 2011

acquisition, aig, analysis, blackrock, british sky broadcasting group, business, citigroup, earnings, eps, financial, market, merger, metlife, news, news corp, santander, stock, trading, ubs

This is what's in the news for Thursday, Match 3rd. Reuters reports that AIG (AIG) sold $9.6B of MetLife (MET) shares yesterday producing gross proceeds of about $6.3B to accelerate its payback of U.S. Treasury bailout funds,

By Stephanie Shyu
sshyu@fnno.com

Zurich Financial Down 1.4% After Acquiring Units of Banco Santander Insurance

banco santander's, beat, bloomberg, business economy, buy, earn, earnings, eps, estimate, financial news, high, invest, investing, low, market analysis, miss, net, price, profit, project, sale, sell revenue forecast income, stock, trading, zurich financial services

ADRs of Zurich Financial Services (ZFSVY) are down after Bloomberg reported the insurer will pay as much as $2.1 billion for 51% of Banco Santander's (STD) insurance business in Chile, Mexico, Brazil, Argentina and Uruguay. Zurich

By Stephanie Shyu
sshyu@fnno.com

Banco Santander Bids $5.8 Billion to Acquire Polish Bank - ADRs Higher

Santander's bid comes to $5.8 billion for 100% of Zachodni shares.

Santander ADRs are up 0.17%, or $0.02, to $12.11."

acquire, adrs, banco santander, bank zachodni, bloomberg, business, irish banks, market, news, polish, shares, std, stock, trade, update

"ADRs of Banco Santander (STD) are just higher on a Bloomberg report that it has made a bid to acquire Polish lender Bank Zachodni, which it bought a majority stake in last year from Allied Irish Banks.

By Stephanie Shyu
sshyu@fnno.com

Pre-Market Movers: January 12th, 2011

Published on Wed, 01/12/2011 - 10:55
By Joel Young in Market movers, APWR, itt, LULU, NO, QLGC, std, a-power, business, equity, finance, investing, itt corp, market analysis, news, stock trading, william welch
a-power, business, equity, finance, investing, itt corp, market analysis, news, stock trading, william welch

Equity futures are pointing higher this morning with the Dow Jones Industrial Average looking to open 64 points higher while the broader S&P500 index is looking to open nearly 8 points higher.

By Joel Young
jyoung@fnno.com

Options Report: January 10th, 2011

We are halfway through the trading day and we are tracking where the big money is placing their bets. Often times that’s in the options market where institutional investors tend to take positions. Today Banco Santander tops th

afl, alfac, banco santander, business, eog, finance, hess, investing, kb home, kbh, market analysis, news, progress energy, std, stock trading

Welcome to the Financial News Network Option Report.

By FNNO Staff
fnnonline@gmail.com

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