From Silicon Alley Insider, August 5, 2008:Companies don’t go into tense proxy votes hoping for the best. They
hire expensive solicitation firms to poll shareholders in advance, so
they know where they stand. If the solicitation firms do their jobs
rig
Sphere: Related Content
Posted on August 6th, 2008 by
Filed under: stock news | No Comments »
Tuesday’s Fed-inspired optimism ran into the reality of Freddie Mac’s results Wednesday morning.Freddie reported a huge second-quarter loss of $1.63 per share, about triple the level expected by analysts. …
Sphere: Related Content
Posted on August 6th, 2008 by
Filed under: stock news | No Comments »
Following an acrimonious and drawn-out takeover battle for Hungary’s MOL, Austrian oil and gas group OMV finally did as expected: it threw in the towel.
Yet according to OMV Chief Executive Wolfgang Ruttenstorfer, the consolidation pressures in central Europe — the strategic rationale which prompted him to launch the unsolicited offer in the first place — […]
Posted on August 6th, 2008 by
Filed under: options news, stock news | No Comments »
Yahoo’s Gerry Yang may have thought that giving Carl Icahn a board seat would calm the roiling waters that threatened to pull the chief executive under. But a recount of the vote for its board revealed a strong protest vote against five of nine directors, including Yang. The Internet company said revised vote tallies showed 33.7 […]
Posted on August 6th, 2008 by
Filed under: options news, stock news | No Comments »
Mining stocks have lost a third of their value over the past three months on fears the commodity super-cycle is coming to end — but Xstrata’s Mick Davis reckons it’s still a good time to buy.
The acquisitive miner’s $10 billion cash bid for Lonmin, the world’s third-biggest platinum producer, is opportunistic and far from friendly.
But it has injected a […]
Posted on August 6th, 2008 by
Filed under: options news, stock news | No Comments »
The housing correction “has some distance to go” and prices will fall another 5% “if we’re lucky,” says Lawrence White, professor of economics at NYU’s Stern School of Business.And if we’re “unlucky,” White sees
Sphere: Related Content
Posted on August 6th, 2008 by
Filed under: stock news | No Comments »
