Apple senior vice president of retail operations, Ron Johnson, recently exercised options for and then sold 700,000 shares of common stock worth approximately $130 million.
According to regulatory filings with the Securities and Exchange Commission, Johnson exercised the 700,000 options at $23.72 apiece on Friday, October 26 — the same day Apple launched its Mac OS […]
BIOTA Brands of America, Inc. was sold at an on-site auction on Tuesday, Oct. 30 to an organic fertilizer company called Black Gold based out of Lubbock, Texas.
Spokesperson Kyle Zahn of Black Gold said the future of the plant is not certain.
Black Gold bought the “first option†of sale, which was the complete business. It […]
The European Central Bank faces a growing bind over keeping a lid on
price pressures as the economy slows, economists said Wednesday amid
mounting evidence of weak economic confidence and surging inflation.
Inflation in the 13 nations sharing the euro surged 2.6 percent in October, the highest level in more than two years, according to a first estimate from the EU’s Eurostat data agency on Wednesday.
Confidence in the European economy worsened more than expected in October amid growing signs a recovery is losing pace, a European Union survey shows.
Europe’s investment industry enters a new era on Thursday when rules come into force ending stock exchange monopolies and requiring brokers to offer the cheapest possible prices for clients’ trades.
Bradley Pharmaceuticals, Inc. announced today that it has entered into a definitive merger agreement with Nycomed US Inc., a subsidiary of Nycomed S.C.A., SICAR, pursuant to which all outstanding shares of the Company will be converted into $20.00 per share in cash, which represents a premium of 25% over the closing price of $16.00 on […]
Immunosyn Corporation has announced the appointment of G. David Criner as the company’s Chief Financial and Accounting Officer. Immunosyn’s former Chief Financial and Accounting Officer, Douglas A. McCain, Jr., has been appointed as the company’s Chairman of the Board and further retains his position as Corporate Secretary.
“I believe that the platform technology and its resulting […]
Resource America, Inc. (NASDAQ: REXI) announces today that its commercial finance subsidiary, LEAF Financial Corporation (”LEAF”), has been selected by the FDIC as the purchaser of the approximately $430 million leasing portfolio of NetBank Business Finance, the equipment leasing division of NetBank, based out of Columbia, South Carolina. NetBank is currently being operated in receivership […]
Compuware Corp. hopes to raise at least $1 billion in an initial public offering of its Compuware Covisint subsidiary and has hired Morgan Stanley, the New York-based investment banker, to study the IPO’s feasibility.
Compuware already has conducted an internal study of the possible IPO of its successful business unit and hopes to spin out the […]
