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Business Wire (May 2, 2013)
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Business Wire (Apr 18, 2013)
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Business Wire (Apr 17, 2013)
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Business Wire (Apr 1, 2013)
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Business Wire (Dec 24, 2012)
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Business Wire (Dec 18, 2012)
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Fortress Assets, Profit Up on Hedge Fund PerformanceFINalternatives • Mon, Nov 8, 2010
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Fortress Expands Into Traditional Money ManagementFINalternatives • Wed, Feb 17, 2010
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Intrawest: Still Scrambling to Pay Off CreditorsStreetwise Blog • Tue, Feb 9, 2010
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Blame Canada! Fortress Inconvenienced AgainGreg Newton • Fri, Dec 19, 2008
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Fortress Makes Black Diamond RunGreg Newton • Fri, Oct 24, 2008
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Fortress Investment Group: Every Picture Tells a StoryGreg Newton • Mon, Aug 18, 2008
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Mid Caps With Over 3.5% Yields Going Ex-Dividend Next WeekStockPandit • Fri, Aug 10, 2012
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Fortress Investment Group LLC Q2 2010 Earnings Call TranscriptThu, Aug 5, 2010
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Fortress Investment Group LLC Q1 2010 Earnings Call TranscriptFri, May 7, 2010
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Fortress Investment Group LLC Q4 2009 Earnings Call TranscriptThu, Feb 25, 2010
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Fortress Investment Group LLC Q3 2009 Earnings Call TranscriptFri, Nov 6, 2009
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Fortress Investment Group LLC Q2 2009 Earnings Call TranscriptWed, Aug 5, 2009
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Fortress Investment Group LLC Q4 2008 Earnings Call TranscriptMon, May 4, 2009
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Fortress Investment Group LLC Q2 2008 Earnings Call TranscriptSun, Sep 21, 2008
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Fortress Investment Group Q4 2007 Earnings Call TranscriptTue, Mar 25, 2008
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at CNBC.com (May 15, 2013)
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Business Wire (May 2, 2013)
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at CNBC.com (Apr 26, 2013)
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Business Wire (Apr 18, 2013)
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Business Wire (Apr 17, 2013)
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Business Wire (Apr 1, 2013)
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at CNBC.com (Feb 28, 2013)
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at CNBC.com (Jan 14, 2013)
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at Fox Business (Dec 24, 2012)
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Business Wire (Dec 24, 2012)
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Business Wire (Dec 18, 2012)
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at CNBC.com (Dec 14, 2012)
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at MarketWatch.com (Nov 16, 2012)
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at MarketWatch.com (Nov 5, 2012)
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Business Wire (Oct 9, 2012)
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Business Wire (Sep 19, 2012)
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Business Wire (Jul 24, 2012)
FIG vs. ETF Alternatives
Company Description
Fortress is a leading global alternative asset manager with approximately $31.8 billion in AUM as of December 31, 2009. We raise, invest and manage private equity funds, liquid hedge funds and hybrid funds. We earn management fees based on the size of our funds, incentive income based on the... More
- All
- | Earnings
- | Dividends
- | M&A
- | On the move
- Wednesday, May 22, 12:00 PM After more than tripling since its (unloved) IPO 14 months ago, Nationstar Mortgage (NSM) is the subject of a glowing writeup in Forbes - "A jewel in Fortress' (FIG) portfolio." Mortgage servicing is recognized as a great business now and Nationstar - along with Fortress-owned Newcastle (NCT, NRZ) - Ocwen (OCN) and Walter (WAC) are currently the favorites of the mortgage gorillas, Fannie and Freddie. Comment! [Financials]
- Wednesday, May 22, 9:51 AM Leon Black's strategy of "selling everything not nailed down" while at the same time raising new investment funds seems to be working as Apollo Global (APO) is the best-performing (on a Y/Y basis) of the alternative-asset stocks. "Apollo has aggressively entered harvesting mode and you're seeing shareholders reap the benefits," says CS's Howard Chen, who has a Buy rating. Also in the top 5 were FIG, BX, and KKR, while CG and BAM scraped the bottom. In between are relative newcomers OAK and OZM. Comment! [Financials]
- Thursday, May 2, 3:00 PM Fortress Investment Group LLC (FIG) declares $0.06/share quarterly dividend, in line with previous. Forward yield 361%. For shareholders of record May 14. Payable May 17. Ex-div date May 10. (PR) Comment! [Dividends]
- Thursday, May 2, 7:11 AM Fortress Investment (FIG): Q1 EPS of $0.05. Revenue of $244.3M beats by $20.63M. (PR) Comment! [Earnings, Breaking News, Financials]
- Thursday, May 2, 12:05 AM Notable earnings before Thursday’s open: ABMD, ACOR, ACT, AEE, ANR, ANSS, ARG, ARQL, ATK, AYR, BDBD, BDX, BEAM, BGCP, BZH, CAH, CEVA, CHD, CI, CME, CNP, CPN, CTRX, DIN, DNR, EL, ELNK, FIG, FLY, FNP, FWLT, GEL, GG, GIL, GM, GNRC, GOLD, HAR, HK, HSH, INCY, INGR, IP, IRDM, IT, ITT, K, LF, LQDT, LXP, MDC, MFC, MGI, MGM, MMC, MMP, MWW, NIHD, NNN, NUS, OCN, OGE, OXF, OZM, PCG, PPL, PWR, PXP, RGLD, RNO, SBH, SFY, SHPG, SNI, SPR, SRE, STRA, TEVA, VMC, VRX, WNR, WPX, WWE, XEL Comment! [Earnings]
- Wednesday, May 1, 5:30 PM Notable earnings before Thursday’s open: ABMD, ACOR, ACT, AEE, ANR, ANSS, ARG, ARQL, ATK, AYR, BDBD, BDX, BEAM, BGCP, BZH, CAH, CEVA, CHD, CI, CME, CNP, CPN, CTRX, DIN, DNR, EL, ELNK, FIG, FLY, FNP, FWLT, GEL, GG, GIL, GM, GNRC, GOLD, HAR, HK, HSH, INCY, INGR, IP, IRDM, IT, ITT, K, LF, LQDT, LXP, MDC, MFC, MGI, MGM, MMC, MMP, MWW, NIHD, NNN, NUS, OCN, OGE, OXF, OZM, PCG, PPL, PWR, PXP, RGLD, RNO, SBH, SFY, SHPG, SNI, SPR, SRE, STRA, TEVA, VMC, VRX, WNR, WPX, WWE, XEL Comment! [Earnings]
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Friday, April 19, 5:32 PM
After-hours top gainers, as of 5:15 p.m.: AMSC +4%. PCYG +3%. UVXY +3%. FIG +3%. ABX +3%.
After-hours top losers: LCI -6%. FMX -6%. STI -4%. FNFG -3%. WSB -3%. Comment! [On the Move] - Tuesday, April 2, 7:08 AM Newcastle Investment (NCT) closes on its purchase of a $4.2B consumer loan portfolio from HSBC - total purchase price of $3B. Newcastle has a 30% equity interest in the portfolio, but another Fortress (FIG) affiliate - Springleaf Finance - will own the servicing rights. (PR) 1 Comment [Financials]
- Wednesday, March 20, 7:23 AM Fortress Investment Group's (FIG) flagship global macro fund bets on a continued slide in the yen (FXY), expecting the BOJ to announce and immediately commence a big asset purchase program next month. The fund - which gained 18% in 2012 and 4.5% through 2 months of 2013 - has $3.2B in AUM. Comment! [Global & FX, Financials]
- Thursday, March 7, 11:36 AM As with Walker & Dunlop yesterday, investors use an earnings release as an excuse to sell another hot Fortress (FIG) affiliate, Nationstar Mortgage (NSM -6.2%). Hinting negative was a slight increase in the delinquency rate, but this should be expected given the company's speedy acquisition of troubled loans. The stock's a near-triple since its IPO a year ago. (earnings call) (slides) 1 Comment [Financials]
- Tuesday, March 5, 9:03 AM Newcastle Investment (NCT) jumps 3.1% after inking a deal to acquire up to 50% of a $4.2B UPB portfolio of consumer loans - home and unsecured personal - from HSBC (HBC). Newcastle will team with another Fortress (FIG) affiliate - Springleaf Financial, which will have responsibility for servicing the loans. The total purchase price comes to $3.2B. (PR) 2 Comments [Financials, Breaking News, On the Move]
- Wednesday, February 27, 10:26 AM More on Fortress Investment (FIG) Q4 earnings: Buy low - the company in 2012 repurchased 10% of its shares at $3.50 each vs. current price of $6.40. New commitments of $1.6B in 2013 thus far vs. $6.7B for all 2012. "Dry powder" of $6.2B vs. total AUM of $53.4B. "The credit environment worldwide stinks right now," says management on the conference call (company hiked dividend today). Shares +2.4% today, +45% YTD. Comment! [Earnings, Financials, On the Move]
- Wednesday, February 27, 7:45 AM Fortress Investment Group LLC (FIG) declares $0.06/share quarterly dividend, 20% increase from prior dividend of $0.05. Forward yield 3.85%. For shareholders of record Mar. 12. Payable Mar. 15. Ex-div date Mar. 08. (PR) Comment! [Dividends]
- Wednesday, February 27, 7:16 AM Fortress Investment Group (FIG): Q4 EPS of $0.24 may not be comparable to consensus of $0.14. Revenue of $417.6M. (PR) Comment! [Earnings, Breaking News, Financials]
- Wednesday, February 27, 12:05 AM Notable earnings before Wednesday’s open: AES, AFAM, AH, ARCC, CBB, CNP, DLTR, FIG, GLOG, ITT, JOY, NRG, PDCE, STWD, SWC, TGT, TJX, VPHM Comment! [Earnings]
- Tuesday, February 26, 5:30 PM Notable earnings before Wednesday’s open: AES, AFAM, AH, ARCC, CBB, CNP, DLTR, FIG, GLOG, ITT, JOY, NRG, PDCE, STWD, SWC, TGT, TJX, VPHM Comment! [Earnings]
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Saibus Research
Blackstone's $9B Investment Mistake: Disposing Of BlackRock http://seekingalpha.com/a/e02f $BLK, $BAC, $BCS, $BX, $FIG, $MET, $PNC - View all 0 replies
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Michael Bryant
Blackstone Group (BX) and Fortress Investment Group (FIG) look undervalued based on value of assets. - View all 0 replies
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Jacob Wolinsky
Fortress Group: January Was Likely Great for Most Hedge Funds http://bit.ly/xorToH $FIG $$ - View all 0 replies
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