Sportswear (OTCBB: SMAK), the leading brand of custom designed
athletic apparel (primarily focused on volleyball), today announced the
appointment of Christopher Jenks as the Chairman of the Board, as well
as the resignation of Smack CEO Bill Sigler.
By Claudia Assis, MarketWatch
SAN FRANCISCO (MarketWatch) -- SolarCity Corp.'s solar-panel factory in upstate New York could allow the solar installer to reduce its costs and save about $400 million a year, analysts at Credit Suisse estimate.
By Carla Mozee, MarketWatch
LONDON (MarketWatch) -- U.K. stocks fell Friday, with pressure on shares of Sports Direct International and further weakness from supermarket chain Tesco PLC, whose shares are facing their worst weekly performance more than two years.
Shares of Yahoo (YHOO) climbed more than 3% Friday after activist investor Starboard increased its ownership stake in the tech company and issued an open letter to Yahoo calling for a "strategic combination" with AOL (AOL) . Starboard, which has also been in a public dispute recently with Darden Restaurants (DRI) , claims that a deal between Yahoo and AOL would deliver cost synergies of up to $1 billion by reducing cost overlaps in their display advertising business.
Highlights Several Opportunities for Significant Shareholder Value Creation at Yahoo, Including the Monetization of the Company's Non-Core Minority Equity Investments in a Tax-Efficient Manner and the Opportunity for Significant Cost Reductions
Believes a Combination Between Yahoo's Core Search and Display Businesses and AOL Could Result in up to $1 Billion of Synergies While Also Potentially Facilitating the Realization of Value from Yahoo's Non-Core Equity Stakes Looks Forward to Engaging with Yahoo's Management and Board of Directors to Discuss Starboard's Views on Enhancing the Operating Performance of Yahoo's Core Business and Closing the Existing Value Gap at Yahoo in the Most Tax-Efficient Manner NEW YORK , Sept.
By Lauren Pollock
Activist investor Starboard Value LP said it has taken a significant stake in Yahoo Inc. and pushed the Internet pioneer to explore a possible combination with AOL Inc.
Starboard, which says it has a significant stake in the company, said a potential tie-up of Yahoo's core search and display businesses with AOL could improve Yahoo's competitive position and deliver cost synergies of up to $1 billion.
Strayer Education, Inc. (NASDAQ: STRA) today announced that it will host
a conference call to discuss its third quarter earnings on Thursday,
October 30 at 10:00 a.m. (ET). A news release outlining the financial
results will be issued before the market opens the same day.
The Manitowoc Company, Inc. (NYSE: MTW) today announced that it will
participate in the 22 nd Annual Deutsche Bank Leveraged
Finance Conference, which will be held at The Phoenician Hotel in
TravelCenters of America LLC (TravelCenters), operator of the TA ®
and Petro Stopping Centers ® travel center brands, has
announced the expansion of its network with the acquisition and
rebranding of the newest Petro, located at I-25, Exit 254 (2842 SE
Frontage Rd.) in Johnston, Colorado.
TravelCenters of America LLC (NYSE: TA) today announced that it plans to
issue a press release containing its second quarter 2014 financial
results before the NYSE opens for trading on Tuesday, September 30,
Trillium CNG celebrates the first Holiday Stationstore opening in Duluth, Minnesota.
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