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Stock Market & Financial Investment News

News Breaks
July 8, 2014
15:23 EDTAA, TCS, BOBE, AVAVNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Alcoa (AA), consensus 12c; Container Store (TCS), consensus (6c); Bob Evans (BOBE), consensus 41c; AeroVironment (AVAV), consensus 22c.
News For AA;TCS;BOBE;AVAV From The Last 14 Days
Check below for free stories on AA;TCS;BOBE;AVAV the last two weeks.
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August 20, 2014
16:03 EDTBOBEBob Evans increases share repurchase authorization to $150M
Bob Evans Farms' board of directors approved an increase of the company's current $100M share repurchase authorization to up to $150M and extended the authorization's expiration date to the end of fiscal year 2016.
10:45 EDTBOBEBob Evans says nominees likely to constitute majority of board
Bob Evans Farms announced that the company's Annual Meeting of Stockholders has concluded and votes are being reviewed and tabulated by IVS Associates. It added, "While the proxies and ballots are still being tabulated, and the Inspector has not yet delivered a preliminary report, Bob Evans believes, based on the advice of its proxy solicitor, that the Company's nominees will constitute a majority of the Board. The Company will wait to receive the Inspector's preliminary report before making any further statements about the vote, and will file the results on Form 8-K when they become available."
09:56 EDTBOBESandell confirms at least five nominees voted to Bob Evans board
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09:25 EDTBOBESadell wins at least five board seats at Bob Evans, CNBC reports
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August 19, 2014
16:00 EDTAAOptions Update; August 19, 2014eBay
iPath S&P 500 VIX Short-Term Futures down 28c to 27.52. Option volume leaders: AAPL C HD PBR GILD AA NFLX TWTR TSLA EBAY according to Track Data.
August 15, 2014
10:00 EDTBOBEISS, Glass Lewis recommend Bob Evans investors vote to elect Sandell nominees
Sandell Asset Management, one of the largest shareholders of Bob Evans Farms, reminded shareholders that to follow the recommendations from ISS and Glass Lewis that Bob Evans shareholders “DO NOT VOTE” on the company’s white proxy card. ISS and Glass Lewis have both recommended that Bob Evans shareholders vote on the GOLD proxy card. After conducting a thorough independent analysis, both proxy advisory firms concluded that fundamental change is needed on the Bob Evans Board, and as a result shareholders should not vote the company’s white card:
August 11, 2014
10:10 EDTBOBEBob Evans: Proxy firms concur in not recommending change in control at company
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08:43 EDTAAGoldman bullish on Constellium and Alcoa
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08:01 EDTBOBESandell says ISS, Glass Lewis support board change at Bob Evans
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August 8, 2014
13:17 EDTBOBEBob Evans refutes Sandell release, says ISS recommends four Sandell nominees
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09:37 EDTAAActive equity options trading on open
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08:42 EDTBOBEISS recommends Bob Evans shareholders vote to elect Sandell nominees
Sandell Asset Management, one of the largest shareholders of Bob Evans Farms, announced that Institutional Shareholder Services has recommended that Bob Evans shareholders vote on the GOLD proxy card. The ISS recommends that Bob Evans shareholders “do not vote" on the company’s white proxy card. In reaching its conclusion, ISS acknowledged the serious lack of oversight and accountability demonstrated by the Bob Evans Board. ISS performed a detailed analysis of both sides’ positions and carefully considered, among other things, the company’s total shareholder return, operating performance and financial performance, as well as the strong experience and qualifications of Sandell’s nominees. ISS concluded that shareholders should vote on the GOLD proxy card.
August 6, 2014
16:18 EDTBOBEBob Evans calls Sandell economic agenda 'unsustainable' in shareholder letter
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09:33 EDTBOBEBob Evans says proposed board structure to result in independent board
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09:31 EDTBOBEBob Evans says Sandell's agenda 'not in best interests of company, shareholders
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09:08 EDTBOBEBob Evans urges holders to vote the WHITE proxy card
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