United Therapeutics splits stock Sep 2, 2009
Last fall, after the company s stock value plummeted by more than a third, from $90. 52 to $56. (Washington Business Journal, DC)
The times are a changing Sep 2, 2009
This has all been good business for Coinstar, which saw its stock value jump 70 percent this year, making it one of the better performing stocks this year. A big reason for Coinstar's success this year came from using revenue built from loose change to buy Redbox, which provides self-service kiosks at stores across the U.S. for $1-a-night rentals on new DVD releases. (CNN -- International)
Petrobras Loses $7 Billion in Stock Market as Lula May Boost Brazil Stake Sep 1, 2009
Its also bad news for the companys existing shareholders as it will dilute the stock value. . (Bloomberg -- Latin America)
Shattered Wurld Aug 24, 2009
Dreams that the company s stock value would skyrocket came crashing down in April 2007 when police raided corporate offices, launching an investigation that has led to the conviction of two company executives. Now a new investigation is underway involving the U.S. Attorney s office, the FBI and the. (Albany Business Review, NY)
Analyst Picks and Pans: NetFlix, Regions Financial, Gymboree Aug 21, 2009
The company's strong balance sheet and good stock value are "too compelling to ignore," he said. "The (back-to-school) season seems to be starting off strong and, in classic GYMB style, we expect that the company will continue to come up with innovative and creative ways to drive traffic and offer compelling promotions," Samuels said. (BusinessWeek)
InterAmerican Acquisition Group & China New Cities Development Announce: Aug 19, 2009
Conversion terms anticipate a common stock value greater than 1. 7X face value of Class A Preferred before conversion would be mandatory. (Primezone Releases)
County reachesnew deal witharena manager Aug 13, 2009
Sovereign Bank, whose stock value plummeted last year, was acquired by Banco Santander and announced in March that it would let its naming rights agreement expire at the end of September. Contact Meir Rinde at mrinde@njtimes. (NJ.com -- Times)
Woodbridge Holdings profits, extends loan Aug 12, 2009
It took impairments on the declining stock value of Bluegreen in the fourth and first quarters, but since the company s stock price has rebounded, Woodbridge is adding that increased value to its share of Bluegreen s earnings when it tabulates its income. The company is hoping to expand its relationship with Bluegreen to include a Woodbridge-run brokerage that would securitize and sell the timeshare receivables generated at Bluegreen. (South Florida Business Journal, FL)
Reviews for 'Stock Shock-The Movie' Aug 1, 2009
The movie exposes a technique known as naked short selling, which has resulted in the collapse of the stock value of some of America's most promising public companies. Sirius XM, often labeled as one of the most manipulated stocks in the market, is dissected in the movie. (Yahoo! Wire -- Entertainment News)
United Therapeutics posts record revenue Aug 1, 2009
Last fall, after United Therapeutics stock value plummeted by more than a third after news of its first oral pulmonary hypertension drug trial failed to meet expectations, the company offered its employees and board members a chance to essentially reprice any stock options whose worth topped $65 to a lower $61. 50 price to make them more valuable. (Washington Business Journal, DC)
Alcoa Destroying Rain Forest in Court Battle Sparked by Brazil Prosecutors Aug 1, 2009
The stock value has since increased to $11. 46, as of July 30, up 1. (Bloomberg -- Latin America)
A ticket to ride? Aug 1, 2009
The lower court should have determined how much the non-disclosure inflated Qwest s stock value, calculated the financial benefit to Nacchio s stock trades and based his penalties on that gain, the appeals court ruled. Reader Comments. (Denver Business Journal, CO)
Rendell vows state will help keep York Harley plant Jul 31, 2009
The governor said a meeting Wednesday with Harley chief executive officer Keith Wandell and three other company executives convinced him that the threat to the facility was real (Somerset Daily American, PA)
Score One for Mark Cuban Jul 18, 2009
According to the lawsuit, Cuban became angry because he said PIPEs dilute stock value for existing shareholders, and he ended the call by saying, "Well now I'm screwed. I can't sell.". The SEC alleges Cuban sold his shares hours after the phone call from Faure. (BusinessWeek)
3 Great Reasons to Gamble on This Small Cap Jul 16, 2009
Good value and promising technology will make this small cap a leader out of the recession. updated 5:02 a.m. ET July 15, 2009. (MSNBC -- Business)
Brazil's Bovespa Snaps 5-Day Losing Streak as Petrobras Jumps; Bolsa Gains Jul 11, 2009
8 million common shares may dilute the stock value as foreign investors pull money from emerging markets. Light retreated 3. (Bloomberg -- Latin America)
Whos in your hotel room? Tech-savvy Roomlinx Jul 7, 2009
Roomlinx stock value shot up 46 percent after the announcement, CEO and Chairman Michael Wasik said. Roomlinx did the first installation of its new system in September at a Chicago-area Crowne Plaza. (Denver Business Journal, CO)
> Pittsburgh companies weather ups and downs Jul 4, 2009
5 percent increase over June 2008, giving the company the distinction of being one of only a few publicly traded Pittsburgh companies to see any stock value increase during a June-to-June period that had economists flirting with the word depression as the recession continued to deepen ... To be sure, American Eagle s stock value has been going up even though its sales are still pointed in the wrong direction. (Pittsburgh Business Times, PA)
Will U.S. Recoup Its Investment in GM? Jul 1, 2009
If the stock value rises to the high end of that range, the U.S. could recover all of its investment. "We have certainly looked at scenarios where, over time, a very substantial portion and potentially all of the taxpayer investment in General Motors will be returned," Ron Bloom, a senior adviser to the administration's auto task force, told a Senate committee earlier this month. (CBS News -- Politics)
Enterprise to Buy Teppco in $3.3B All-Stock Deal Jun 30, 2009
Teppco, which had seen its stock value tumble along with the price of oil and natural gas, had rejected a bid for $2. 8 billion earlier this year. (ABC News -- Wire)
> Highest-paid CEOs comp bucks downturn Jun 27, 2009
In 2007, with the real estate market slumping and his company s stock value falling by 38 percent, Toll saw his compensation plummet from $29 million to $9 million ... While Comcast saw its stock value declined by 6 ... 5 million) of the company s annual net income, while he guided the biopharmacuetical company from an annual loss to an annual gain (a 215 percent increase in net income) and a 7 percent jump in stock value. (Philadelphia Business Journal, PA)
Eastland Sends Open Letter to the Board of Directors of Parks! America, Inc. Jun 26, 2009
The current Board has presented no plan to the shareholders or in public documents which would address the continuing historically low stock value - either by proposing an expansion strategy or an acquisition strategy to increase profitability. I believe this stems from the fact that at present, the Company generates enough cash to pay the salaries and benefits of current board members and little else. (PR Newswire)
Judge dismisses Oracle shareholder suit Jun 18, 2009
The company s stock value began to swoon in the second half of 2000. It had dropped by about half from its peak price by the time the company released an earnings warning in March of 2001. (Sacramento Business Journal, CA)
"Stock Shock" Just Released! Blockbuster Movie Exposes Wall St. Corruption and Inept Regulation Jun 16, 2009
This movie exposes a technique known as naked short selling, which has resulted in the collapse of the stock value of some of America's most famous and promising public companies, all so that a small handful of jaded market manipulators could make a fast buck. Thousands of investors have flocked to "Stock Shock" in anticipation of the release of the movie. (Yahoo News -- Press Releases)
Mario's Run Out of Coins Jun 4, 2009
Nintendo has lost more than half of its stock value because investors believe the Wii can't sustain its huge, previous sales numbers this holiday season (when 75 percent of the games and consoles are sold). 1. (Slate)
Asian Stocks Gain for Fourth Day on Growth Optimism; Harvey Norman Climbs Jun 3, 2009
Share sales raise concerns among existing shareholders about dilution of their stock value, said , who helps manage the equivalent of $324 million in equities at KTB Asset Management Co. in Seoul. The companies are seeking to raise capital while the markets are relatively better. (Bloomberg -- Asia)
Orbit Corp aims to raise up to Rs 4 bn Jun 2, 2009
MUMBAI: Real-estate firm Orbit Corp Ltd has a target to raise up to 4 billion rupees as the firm sees its stock value recovering, a top official said ... Real-estate firm Orbit Corp Ltd has a target to raise up to 4 billion rupees as the firm sees its stock value recovering, a top official said. (India Times)
Home Depot shareholders still not over Nardelli May 29, 2009
No CEO at a publicly traded company should get or is worth more than 5 million dollars a year total compensation including stock options unless they have dramatically increased the stock value and INCREASED the NUMBER OF AMERICAN JOBS. Any severence packages should be based on the same percentage of salary and years of service as the average employee of the corporation unless approved my a majority of the individual stockholders, i.e. institutional investors would have one vote for, not one vote... (Atlanta Journal-Constitution -- Business)
UAW Trust To Get 17.5% Of GM Shares May 27, 2009
It is not a bad idea to hold on to a few shares, but the stock value, after a small bump, is certain to go down drastically, and if GM goes into bankruptcy anyway, as I think it will within the next two years, the stock will be worthless anyway. The only way GM can survive is by doing the "unthinkable", start keeping honest books, and cut upper management pay and bonuses. (CBS News)
Regions stock drops Thursday May 22, 2009
8 billion in capital, saw its stock value dive 17 percent to $4. 05 an hour before close. (Birmingham Business Journal, AL)
Judge sentences ex-Refco CEO to 16 years May 21, 2009
The disclosure caused Refco's stock value to plummet. Before he was sentenced, Bennett said he had the best of intentions when he made an "unacceptable and appalling error" in handling Refco's finances. (MSNBC -- Crime)
Enrons Skilling appeals case to Supreme Court May 12, 2009
He is the highest-ranking executive to be punished for the accounting tricks and shady business deals that led to the loss of thousands of jobs, more than $60 billion in Enron stock value and more than $2 billion in employee pension plans after the company imploded. The petition filed Monday asks the court to settle different rulings in lower courts over how a defendants attempt for personal gain applies to a federal fraud statute. (MSNBC -- Business)
Former Enron CEO Jeffrey Skilling Appeals to Supreme Court May 12, 2009
He is the highest-ranking executive to be punished for the accounting tricks and shady business deals that led to the loss of thousands of jobs, more than $60 billion in Enron stock value and more than $2 billion in employee pension plans after the company imploded. Related Stories. (Fox News)
Dolphins, ex-OU lineman Quinn agree on deal May 10, 2009
"He has seen his stock value fall and realized that he's his own worst enemy. He has gone to AA meetings and realized his problem and been humbled.". Foster said 20 NFL teams told him that if not for the off-the-field issues, they had Quinn projected as a draft pick, some as high as the third round. (ESPN -- Football News)
Just don't call it an ‘investment' May 9, 2009
For that stake to be worth as much as the loan package, Chrysler's stock value would have to rise to $189-billion about the same as Microsoft's. If this is investing, it's no wonder private investors are nowhere to be found. (Globe and Mail -- Business)
San Mateo County takes Lehman loss to Congress May 6, 2009
He said even though fears about Lehman were reflected in its plunging stock value last fall, its bond ratings were "still at highly acceptable levels," company executives were reassuring investors, and the stocks of all the investment banks were also falling rapidly. Supposedly safe investment. (San Francisco Chronicle)
Fast Facts: Turkey May 5, 2009
The stock value of FDI currently stands at about $85 billion. Privatization sales are currently approaching $21 billion. (CBS News -- World)
The female advantage May 3, 2009
European firms with the highest proportion of women in power saw their stock value climb by 64 percent over two years, compared with an average of 47 percent, according to a 2007 study by the consulting firm McKinsey and Company. Measured as a percent of revenues, profits at Fortune 500 firms that most aggressively promoted women were 34 percent higher than industry medians, a 2001 Pepperdine University study showed. (Boston Globe)
SEIU Master Trust Leads Successful Shareholder Resolution Forcing Ken Lewis to Resign as Bank of America Chair Apr 30, 2009
"Today, we saw a vote of no confidence in Ken Lewis who has overseen record losses in stock value and whose short-sited business plans have put personal gain ahead of shareholders and the long-term health of the company," said SEIU Master Trust Chairman Andy Stern. "Boards operate independently from management for good reason -- to ensure proper oversight, to balance the inherently biased views of staff, and to provide the long view," continued Stern. (PR Newswire)
Citi Asks Treasury for Bonus Permission Apr 30, 2009
Citigroup is seeking Treasury permission to pay retention bonuses to workers it says are demoralized amid the company's restructuring and sharp drop in stock value, according to the paper, which cited people familiar with the matter. The New York-based bank, which recently saw a shuffling of its board of directors, also is hoping to free its highly profitable energy-trading unit Phibro from federal compensation limits, the paper said. (Newsmax)
Constellation Energy CEO Shattuck gets pay cut in half Apr 30, 2009
Robert Lawless, the former McCormick & Co. CEO who heads Constellation s compensation committee, said the numbers reflect both the steep decline in stock value, which started during what he called a disastrous week in September, but also the management team s navigation of that turmoil to a $4. 6 billion deal with French company. (Baltimore Business Journal, MD)
Chemed critical of dissident investors Apr 30, 2009
Two of its nominees are directors for companies that lost more than 70 percent of stock value since they joined the board, according to the Chemed letter. We believe MMI and its slate of director nominees threaten the value of your investment, the letter states. (Cincinnati Business Courier, OH)
Meltdown 101: GM's debt-for-stock swap plan Apr 28, 2009
Kip Penniman Jr., an analyst with KDP Investment Advisors Inc., said GM's offer to bond holders represents just five cents for every dollar of debt once the diluted stock value is factored in. Q: What does GM need to complete this swap. (Ionia Sentinel-Standard, MI)
Oppenheimer: Regions may fail 'stress test' Apr 28, 2009
Pumping more taxpayer money into the institution means its stock value would continue on a downward spiral, Davis said. The bank s shares were down more than 7 percent Friday after the reports were made public. (Birmingham Business Journal, AL)
Owner Of Local Malls Files For Bankruptcy Apr 17, 2009
The Chicago-based company lost 81 percent of its stock value in six months. Copyright 2009 by. (KIRO TV, WA)
Volkswagen could overtake Toyota Apr 17, 2009
Volkswagen has also moved up in stock value ranking, grabbing the No.2 spot behind Toyota, whose market capitalisation of $133 billion still dwarfs the German carmaker's $100 billion. Market research company R.L. Polk Germany predicted this month that Volkswagen would overtake GM as the world's second-largest automaker as the US giant suffers steep declines at home amid fears of bankruptcy. (India Times)
Obama freed Stevens Apr 14, 2009
MAXKATT from NY wrote on Apr 12, 2009 7:37 PM:" JP...Does Obama get any credit for giving the green light to the Seals to rescue the cap? Carter took the heat when the hostage rescue in Iran failed. If things go bad, prez takes heat...when they go well he must collect some cred. I think our favorite boy's stock value is nudging north again! ...come on, this is gun related, you have to approve and applaud. Three simultaneous shots dropping three pirates. Good stuff. ". Tip of the Ice Berg wrote... (Wasilla Frontiersman, AK)
US Airways' plans shift in travel slump Apr 14, 2009
Accordingly, investors are pricing the company's shares which have lost 93% of their value in the last two years, vs. the industry's average stock value decline of 70% as if they expect it to start running tight on cash by fall. Continued route encroachment by Southwest Airlines. (USA Today)
Real deals: Circuit City sells local store Apr 11, 2009
Circuit City (Pink Sheets: CCTYQ), once the country s second-largest seller of consumer electronics, filed for Chapter 11 bankruptcy protection in November 2008, after having lost more than $5 billion in stock value in the previous two years. After negotiations with prospective buyers failed, the company announced in January of this year that it was going out of business and closing its 567 U.S. stores. (Denver Business Journal, CO)
Dollars & Sense: Socially responsible investing Apr 11, 2009
This often means refraining from purchasing stocks of companies that produce products or offer services the investor disapproves of, regardless of the company s profitability and potential future stock value. It can also mean investing in companies that promote workplace diversity, actively participate in community volunteer programs or work to improve the environment. (Lincoln Journal, MA)
LETTERS: NCT, April 7, 2009 Apr 7, 2009
"Arnold FormanOceansideNation's history shows 'blessings'President Obama has asked several times that God bless America. Since I am an atheist, I wonder if Obama also believes that other magic spells can control destiny. Well, what can I say? Ah, ... onward, Christian soldiers!Is the history of the good old U.S.A. an example of what is the blessing being asked for by Obama? We are No. 1, right! You know, historically, we have rightfully killed and destroyed foreigners, southerners and American... (North County Times)
Adult Stem Cells Are What Work Apr 7, 2009
At least part of the reason may be found in the jump in stock value of several major companies involved in that research on the day that President Obama issued his executive order. The share price of some of these companies increased as much as 88. (Human Events Online)
U. affiliates weigh in on auto industry, government relationship Apr 7, 2009
Any CEO that s seen their company lose 95 percent of their stock value probably needs to go, Petterchak said. But Rutgers College junior Brian Canares said he disapproved of the resignation. (The Daily Targum, NJ)
Foundations, funds also feel economy Apr 5, 2009
The endowment comes from Lee Enterprises stock holdings and the stock value has dropped significantly in the past years. The second factor is that the fund s time is running out. (Mason City Globe-Gazette, IO)
Suncor Energy to buy Petro-Canada; Canadian oil firms operate in Colorado Mar 24, 2009
86 billion (U.S.) based on stock value at the time of the announcement, Reuters reported. The purchase is subject to approval by the shareholders for both companies and Canadian regulators. (Denver Business Journal, CO)
Trenton arena in search of a new sponsor name Mar 21, 2009
But more recently Sovereign's parent company has been pummeled by rising mortgage delinquencies, and it lost nearly two-thirds of its stock value last year. Before being acquired last October the company reported a third-quarter loss of $982 million, compared with a net income of $58. (NJ.com -- Times)
Sun Micro at brink of IBM's maw Mar 19, 2009
Now, Sun Microsystem's biggest coup may well be selling itself to one of the industry's oldest names at a sky-high premium, spelling perhaps the end of an era for a loss-making firm that shed virtually its entire stock value in under a decade ... Stock values have plunged, but for some seniors it may be time to actually put more into the market High altitude crisis Financial Services Authority Chairman Lord Turner outlines the future of UK banking regulation. (International Herald Tribune -- Travel)
Shares rebound for WNY public cos. Mar 14, 2009
This week s three-day Wall Street surge has pushed up stock values at some Western New York-based public companies ... Its March 12 stock value closed 28 percent higher than it closed March 11, from $4. (Buffalo Business First, NY)
Google's Tough Week Mar 10, 2009
Now, they're watching their stock value drop back down to earth and joining the rest of the world in the new economic reality. It all started when CEO Eric Schmidt warned that the economy was so dire that even Google was "not immune" to its effects, which spooked even investors who were used to Schmidt's historically modest assessments of Google's prospects. (Slate)
Supreme Court Backs Amputee In Drug Suit Mar 5, 2009
All it does is protect shareholders from fluctuations in stock value ... All it does is protect shareholders from fluctuations in stock value. (CBS News -- US)
Better late than never! Mar 4, 2009
They can only determine their stock value. Teams and their GMs determine players draft positions. (Atlanta Journal-Constitution -- Sports)
Compensation down for Life Time CEO Mar 3, 2009
Akradi s decision to receive stock likely hurt his overall compensation in the short run, as Life Time (NYSE: LTM) stock lost nearly three-fourths of its stock value during 2008. A stock that traded around $50 per share in 2007 is now in the low teens. (Twin Cities Business Journal, MN)
Consumers hoarding Aeroplan points Mar 1, 2009
Despite the sharp drop in Aeroplan's stock value, it is still worth 20 times more than Air Canada, which has a market capitalization of $91-million. Even Jazz Air Income Fund, the Halifax-based regional carrier and former ACE division, carries a higher stock market value at $520-million. (Globe and Mail -- Business)
Berkshire Hathaway buffeted by downturn Mar 1, 2009
" onclick="Next();" src="/images/butt_next. " It is the worst performance of the group since it was founded in 1965. Buffett admitted a major purchase of ConocoPhillips stock was "terrible timing. (Channelnewsasia.com)
Top Ford execs take pay cuts, more buyouts offered Feb 25, 2009
One of the union officials said Ford will guarantee a certain level of payments during the first three years of the trust even if the stock value drops. He said the union was able to preserve the workers' base pay. (Atlanta Journal-Constitution -- Business)
