Category Archives: Recent Events

Autodesk Shares Tumble on Disappointing Forecast (ADSK)

Posted on May 20, 2012 2:38 pm by edliston

Shares of Autodesk Inc. (NASDAQ: ADSK), a software and services company, tumbled in Friday’s trading session after the company’s second-quarter forecast came in below expectations. The technology company also released its first-quarter financial results, posting an increase in profit and … Continue reading →

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Gold Prices Settle Above $1590 an Ounce

Posted on May 19, 2012 3:45 am by edliston

Gold prices continued to nudge higher on Friday, marking two days of successive gains as strengthening euro helped building the demand for metal following highly volatile sessions earlier this week-which saw metal dropping 20% on Wednesday from its record high … Continue reading →

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Gold and Silver Prices Remain in Green

Posted on May 18, 2012 12:45 pm by edliston

Gold prices are trading higher currently, and are on course for weekly gains as stronger euro has bolstered the demand for metal. Silver prices are also gaining in mid-day trading.

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BIDZ.com – BIDZ – Signs Going Private Merger Agreement

Posted on May 18, 2012 11:48 am by edliston

BIDZ.com, Inc. (Nasdaq:BIDZ), a leading online retailer of jewelry, announced that it has entered into a definitive merger agreement with Glendon Group, Inc. to be acquired for $0.78 per share in cash. This per share price represents a premium of … Continue reading →

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Resolute – ABH – Increases Ownership of Fibrek to 74.56%

Posted on May 18, 2012 11:30 am by edliston

AbitibiBowater Inc., doing business as Resolute Forest Products (NYSE: ABH), announced that it has taken up and accepted for payment 4,762,192 additional shares of Fibrek Inc. (FBK) deposited to its offer as of the close of business today. Together with the … Continue reading →

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El Paso Pipeline Partners – EPB – To Acquire Cheyenne Plains Pipeline

Posted on May 18, 2012 11:21 am by edliston

El Paso Pipeline Partners, L.P. (NYSE: EPB) announced that it has agreed to acquire the remaining 14-percent interest in Colorado Interstate Gas Company, L.L.C. (CIG) and all of Cheyenne Plains Investment Company, L.L.C., which owns Cheyenne Plains Gas Pipeline Company, … Continue reading →

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Nucor Corporation – NUE – To Acquire Skyline Steel

Posted on May 18, 2012 11:17 am by edliston

Nucor Corporation (NYSE: NUE) announced that it has signed a Stock Purchase Agreement to acquire the membership interests of Skyline Steel LLC and its subsidiaries from ArcelorMittal, for approximately $605 million.  Skyline Steel will be a wholly owned subsidiary of … Continue reading →

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