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Stock Market & Financial Investment News

News Breaks
February 1, 2013
09:11 EDTCKH, ERASeacor Holdings' spin-off, Era Group, begins trading on NYSE with symbol 'ERA'
Seacor Holdings (CKH) and Era Group (ERA) announced the successful completion of the spin-off of Era Group from Seacor, finalizing the transition to Era Group's status as an independent public company. Until this point a subsidiary of Seacor, Era Group attained full independent status yesterday, January 31. Era Group begins trading on NYSE under the symbol "ERA". No action or payment is required by Seacor stockholders to receive the shares of Era Group common stock. Stockholders who held Seacor common stock on January 24, the record date for the spin-off, and that did not subsequently trade the entitlement to their Era Group shares, will receive a book-entry account statement reflecting their ownership of Era Group common stock or their brokerage account will be credited with the Era Group shares.
News For CKH;ERA From The Last 14 Days
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October 15, 2014
10:13 EDTCKHSeacor enters agreement in support of Penford's pending transaction
SEACOR Holdings (CKH), the owner of approximately 9.34% of the outstanding common stock of Penford Corporation (PENX), has entered into a Voting Agreement in support of Penford's pending merger with Ingredion Incorporated (INGR), announced by Penford. Under the terms of the merger agreement, Penford shareholders are to receive $19.00 per share in cash as merger consideration. Pursuant to the Voting Agreement, SEACOR has agreed, among other things, to vote the Penford shares it owns to approve the Merger Agreement, dated October 14, among Penford, Ingredion and Prospect Sub, and not to seek the election of SEACOR's nominees to the board of directors of Penford prior to termination of the Merger Agreement or the occurrence of certain other events.
07:09 EDTERAEra Group initiated with a Sell at ISI Group
Target $19.
07:02 EDTCKHSeacor Holdings initiated with a Hold at ISI Group
Target $85.

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