Fortress Investment Group Llc (FIG) -0.1425

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Last Trade:4.4775Short Ratio:0.70
Last Trade Time:11:26amDay Range:4.46 - 4.57
Ask:Year Range:1.45 - 8.30
Bid:One Year Target:6.00
Open:4.55Exchange:NYSE
Volume:500765EBITDA:-955.8M
Prev. Close:4.62Market Cap:653.0M
50 Day Moving:4.3328Div Yield:
200 day moving:4.639PE:

Janney Taps Former Bear Stearns Execs to Lead New Whole Loan Initiative

PHILADELPHIA--(BUSINESS WIRE)-- Janney Montgomery Scott LLC ("Janney"), a leading regional full-service financial services firm, today announced that it has named former Bear Stearns executive Brent Giese to head the firm’s newly created whole loan initiative. Joining Giese is former Bear colleague, James Stauss.

Broad Directionality In Markets; Daniel Mudd

Daniel Mudd, CEO of Fortress Investment Group LLC (NYSE: FIG), believes that the there is a broad directionality in markets right now. Mudd gave his views on the markets in an interview with the Financial Times.
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NYSE Stocks Top Movers (FIG, BKC, RT, EPL, JTX, ZLC, CSR, CNK, CMC)

(EMAILWIRE.COM, March 12, 2010 ) Dallas, Tx - Following were among the NYSE companies whose shares were actively traded in Thursday 's session. Fortress Investment Group LLC (NYSE:FIG) added 6.83% to $4.69 on 4.33 million shares.

Financial Stocks Top Gainers are MBI, RAS, PMI, FIG, IRE

(EMAILWIRE.COM, March 05, 2010 ) Dallas, Tx - MBIA Inc. (NYSE:MBI) is amongst the top gainer in the early few hours. The stock has spurted 4.75% and is trading at $5.29. The stock has a 52-week range of $2.17-$8.54. So far in this year the stock rallied over 32%.

Fortress Investment Group’s (FIG) Price Target Lowered

Analyst Daniel Fannon at Jefferies & Company, Inc. has lowered the price target for Fortress Investment Group LLC (NYSE: FIG) from $5 to $4.50.

Benzinga’s Top Pre-Market Losers (GPRE, FIG, DYN, FWLT, FSLR)

Green Plains Renewable Energy Inc. (NASDAQ: GPRE) decreased 5.60% to $16 in the pre-market session. Green Plains Renewable Energy announced yesterday that it is undertaking a proposed offering of 5,000,000 shares of its common stock. The 52-week trading range for GPRE is $1.12 - $17.97.

Fortress Price Target And Rating Reinstated By Macquarie (FIG)

Analysts Roger Smith and Campbell Anthony from Macquarie reinstated their stance on shares of Fortress Investment Group (NYSE: FIG). Their previous $6 price target is unchanged as well as their Neutral rating on the stock. This could be good news as Fortress has been getting a lot of negative press about its resort involved with the Winter Olympics.

Fortress (FIG) Requires To Pay $150 Million To Stave Off Auction Of Intrawest’s Assets

Bloomberg reported that Fortress Investment Group LLC (NYSE: FIG) may have to contribute at least $150 million to Intrawest ULC, to avert bankruptcy or foreclosure. Fortress bought Intrawest in 2006, which is the owner of the Olympics’ Alpine skiing venue.

Fortress to Release Fourth Quarter & Year End 2009 Results on February 25, 2010

NEW YORK--(BUSINESS WIRE)-- Fortress Investment Group LLC (NYSE: FIG) announced today that it will release its fourth quarter and full year results for the period ended December 31, 2009 on February 25, 2010 at approximately 6:00 A.M. Eastern Time.

Fortress Investment Group To Acquire Logan Circle Partners (FIG)

Fortress Investment Group (NYSE: FIG) is close to sign a deal for acquiring bond investor Logan Circle Partners. Fortress Group (FIG) is looking to break into traditional asset management. Logan Circle acts as a portfolio manager for institutional clients.