- Higher by more than 2% earlier following an earnings beat, Och-Ziff Capital (OZM -5%) turns sharply lower as concerns over the investigation into its dealings in Africa apparently takes over again. Asked by Citi's William Katz on the earnings call (transcript) about how investors should think about these regulatory issues, management declined to comment, other than saying most of its conversations with investors concern performance.
- Previously: Och-Ziff pops after earnings and distribution
- Previously: WSJ: Och-Ziff helped fund controversial deals in Congo
at CNBC.com (Nov 17, 2014)