Finisar shares down after 1st-quarter report, analyst say investors could be misreadingSeptember 11th, 2009 Finisar shares down after 1st-quarter reportNEW YORK — Shares of Finisar Corp., which makes components for optical networking equipment, fell Friday as an analyst said investors might be confused about its latest quarterly report. The Sunnyvale, Calif., company's stock fell 7.9 cents, or 7.7 percent, to 94.1 cents in midday trading.
Citigroup shareholders approve a plan that will allow bank to complete debt exchange programSeptember 3rd, 2009 Citi shareholders OK increase in outstanding stockNEW YORK — Citigroup Inc. said Thursday that shareholders approved a plan to increase the number of outstanding shares so it can complete a debt exchange program that gives the government a minority stake in the banking giant.
JLL Partners and Warburg Pincus propose recapitalization of Builders FirstSourceSeptember 1st, 2009 Firms suggest recapitalizing Builders FirstSourceNEW YORK — Affiliates of private equity firms JLL Partners and Warburg Pincus said Tuesday they have proposed to the board of building-products supplier Builders FirstSource Inc. a recapitalization of the company.
United Therapeutics says its board approves stock split that will take effect Sept. 23September 1st, 2009 United Therapeutics approves 2-for-1 stock splitSILVER SPRING, Md. — Biotechnology company United Therapeutics Corp.
Defense contractor Kratos to sell 26 million common shares to institutional investorsAugust 28th, 2009 Kratos to sell 26M shares to institutional holdersSAN DIEGO — Kratos Defense & Security Solutions Inc. said Friday it will sell 26 million common shares directly to institutional investors for 72 cents per share.
General Motors says it will issue 3.5 billion stock shares next year; won't report 2Q earningsAugust 8th, 2009 GM to issue 3.5 billion shares of stock in 2010DETROIT — General Motors Co. says it aims to register 3.5 billion shares of stock for a potential public offering sometime in 2010.
CF Industries willing to boost its proposed takeover offer for Terra IndustriesAugust 5th, 2009 CF Industries willing to raise its Terra offerDEERFIELD, Ill. — CF Industries Holdings Inc.
Las Vegas Sands Corp. declares quarterly dividend of $2.50 per share of preferred stockAugust 1st, 2009 Las Vegas Sands declares quarterly dividendLAS VEGAS — Casino operator Las Vegas Sands Corp. says it plans to pay a quarterly dividend of $2.50 for each share of its preferred stock.
Senate rejects GOP plan to give GM, Chrysler stock to taxpayersJuly 29th, 2009 Senate rejects plan giving auto stock to taxpayersWASHINGTON — The Senate rejected a plan Wednesday to give taxpayers stock certificates for their share of the government's ownership stake in General Motors Co. and Chrysler Group LLC.
GM's old board postpones annual shareholders meeting scheduled for August in DetroitJuly 16th, 2009 GM board postpones annual shareholders meetingDETROIT — If your company has no publicly traded stock and only four stakeholders, does it need to have an annual shareholders meeting?
At the new General Motors Co., the answer is no, at least for the time being. The new GM says its old board has indefinitely postponed plans to hold the annual meeting that had been scheduled for Aug.
AIG, General Mills, MetroPCS, Myriad Genetics are among big market movers WednesdayJuly 1st, 2009 AIG, General Mills, MetroPCS are big moversNEW YORK — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
American International Group Inc., down $5.12 at $18.08
At the battered insurers annual meeting Tuesday, investors approved a reverse 20-for-1 stock split meant to boost the share price. OshKosh Corp., up $3.89 at $18.43
The specialty vehicle maker beat out three rivals for an Army order of 2,244 bomb-resistant vehicles worth $1.06 billion.
General Motors shares fall as new stock offering, bankruptcy threat scare investorsMay 12th, 2009 GM shares tumble to lowest level since depressionDETROIT — Shares of General Motors Corp. tumbled to their lowest level since 1933 Tuesday morning as investors feared significant dilution of their stock values or bankruptcy as the company approached a June 1 restructuring deadline.
Meltdown 101: Reverse stock split a rare corporate maneuver that reflects depth of GM's woesMay 8th, 2009 Meltdown 101: 'Reverse split' reflects GM woesIt sounds like a football play or a wardrobe malfunction. But when General Motors Corp.
GM, Bank of America, Lincoln National, Federal-Mogul among big market movers WednesdayMay 8th, 2009 GM, Bank of America, Lincoln National big moversNEW YORK — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
General Motors Corp., down 19 cents at $1.66
The automaker detailed plans for a 1-for-100 reverse stock split in a filing with the U.S. Securities and Exchange Commission.
General Motors plans reverse stock split,May 6th, 2009 GM plans 1-for-100 reverse stock splitDETROIT — General Motors Corp. notified shareholders Tuesday it is planning a reverse stock split that would give them one share of new stock for every 100 shares they currently own.
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