Commercial Metals Corp. (NYSE: CMC) announced this morning that its board of directors had unanimously rejected an unsolicited bid of $15/share ($1.73 billion total) from Carl Icahn and Icahn Enterprises LP (NYSE:…
S&P may cut its outlook on France’s AAA debt. (Reuters) A judge blocks the $285 million settlement between Citigroup (NYSE: C) and the SEC. (Reuters) Amazon.com (NASDAQ: AMZN) says Kindle sales rose…
It has happened before, but it is rare. Very rare. A bankruptcy that is good for shareholders. Dynegy Inc. (NYSE: DYN) is seeing a sharp rise in its common stock after some of…
Earnings dominated the press coverage of today’s shares. Novartis and Harley-Davidson released numbers Icahn Enterprise was thumped after it made a bid for Clorox, which was rejected. Boeing was hit because large…
Wikimedia Commons (Adina Firestone)13D filings are often full of surprises, and this morning is no exception. Carl Icahn has an amended filing this morning regarding his 9.4% stake in Clorox Corporation (NYSE:…
When Dynegy Inc. (NYSE: DYN) reported earnings, or rather, losses, yesterday, the company also included the dreaded “going concern” statement telling investors that unless the company could restructure its debt, Chapter 11…
After failing to pull the trigger on two buyout offers, Dynegy Corp. (NYSE: DYN) stated in its 10-K filing yesterday that it still has plenty of problems: “Our accompanying consolidated financial statements…
Wikimedia Commons (Adina Firestone)If any activist investor is able to rattle a public company, it is Carl Icahn. He just disclosed that he owns 9% of Clorox Corporation (NYSE: CLX) totaling…
A tender offer for Dynegy Inc. (NYSE: DYN) from an affiliate of Icahn Enterprise L.P. (NYSE: IEP) was supposed to have closed two days ago. Unfortunately, only 4.4% of Dynegy shares had…
Another deal has been confirmed in the land grab for utilities. Duke Energy Corporation (NYSE: DUK) has confirmed fresh reports that it was acquiring Progress Energy Inc. (NYSE: PGN). Duke’s $23.5+ billion…
Carl Icahn usually makes his headlines by criticizing management for not rewarding shareholders. This morning he is in the news because he is buying Dynegy Inc. (NYSE:DYN) for a higher price than…
More than half of the American workforce is comprised of women. It is well-known that they are paid less than their male counterparts. Several studies show that female workers make about 77%…
We have an unusual cast of characters in this week’s version of THE UNUSUAL SUSPECTS for the week ahead, with almost none being tied to earnings. Some of the key stocks to…
Women make up over 50% of the US workforce now, but the Bureau of the Census shows that women make, on average, only 77% of what men do based on measurements of…
XO Holdings, Inc. (OTCBB: XOHO) is not a usual company we’d cover because of the size and because of the Bulletin Board status. But this week we have been getting multiple inquiries…
Douglas A. McIntyre 
