Stifel Financial News
06.12 / 09:21
Investment trusts
Stifel
Discounts
Stifel downgrades 'uninspiring' Asia Dragon trust rating to negative
In terms of positives, the analysts highlighted abrdn’s large Asian equities team, increased size and more flexible investment mandate post-merger with abrdn New Dawn.
12.02 / 13:47
Investment trusts
mergers
Stifel
Tritax Big Box agrees takeover of UK Commercial Property to create £4bn REIT
The merged entity would be externally managed by Tritax, with cost savings coming from the unification of management under Tritax Management.
28.11 / 19:55
Investment trusts
Verne Global
Digital 9 Infrastructure
Stifel
Stifel downgrades Digital 9 Infrastructure following 'forced' Verne Global sale
As the deal is not expected to close until the first quarter of 2024, Stifel's Sachin Saggar said there remains execution risk.
06.11 / 16:03
Investment trusts
H1 2023
Private assets
Scottish Mortgage
valuations
Stifel
Scottish Mortgage private asset valuations slide as unquoted exposure hits 31%
Scottish Mortgage investment trust manager Tom Slater (pictured).
25.10 / 11:33
07.09 / 13:17
28.08 / 21:23
Target
performer
Stifel
MongoDB’s Q2 earnings preview, Stifel expects Atlas acceleration in the near term
Stifel released a preview of MongoDB 's (NASDAQ:MDB) upcoming Q2/24 earnings report, scheduled for Thursday, after the market close.
04.08 / 18:41
17.07 / 18:51
Strategy
Stifel
Stifel advisor facing $23.5 million in investor claims over structured notes
A veteran financial advisor with Stifel Nicolaus & Co. Inc. is facing a rash of investor complains stemming from the sale of structured notes, the performance of which is typically tied to an underlying asset, such as a specific stock or an index like the S&P 500 stock index.
23.02 / 11:17
Stifel
Financial
Wells Fargo, Stifel Financial say regulators are probing use of unapproved message apps
Wells Fargo and Stifel Financial said in filings that regulators are investigating their compliance with record-keeping requirements.
08.06 / 10:57
UPS
Continental
Stifel
Boutique
acquires
Stifel acquires mid-market boutique Acxit Partners in European push
US investment bank Stifel has added 50 dealmakers to its ranks in Europe through the acquisition of a boutique.
30.11 / 16:19
Variant
Stifel
It's premature to turn bearish based on Covid omicron variant fears, Stifel's chief economist suggests
While Wall Street is on alert as a new Covid-19 variant spreads, Stifel's chief economist is hesitant to change her economic outlook.
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