Top Financial Shares:
Financial shares are higher in today's pre-market session ahead
of consumer and confidence data.
In financial stocks news, NorthStar Realty Finance Corp. (
) closed a strategic $340 million investment in RXR Realty, a
leading real estate operating and investment management company
focused on the New York City Tri-State area.
The Investment includes a combination of corporate debt,
preferred equity and common stock in RXR which provides NorthStar
with an approximately 30% ownership interest in RXR.
And, Fortress Investment (
) is in talks to with banks in an effort to acquire LightSquared, a
wireless-telecommunications firm, MarketWatch reports.
Fortress, which already has a stake in LightSquared, is trying
to raise about $2 billion.
Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.