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Stock Market & Financial Investment News

News Breaks
March 4, 2013
09:00 EDTFORForestar Group rises 6.8%
Forestar Group is up 6.8%, or $1.20, to $18.75
News For FOR From The Last 14 Days
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November 17, 2014
08:06 EDTFORForestar Group reaffirms commitment to maximizing shareholder value
Forestar Group Inc. acknowledged that SpringOwl Associates LLC and Cove Street Capital, LLC have filed a Schedule 13D with the Securities and Exchange Commission reporting that they have acquired beneficial ownership of approximately 6.2% of the company’s common stock. “As a company, we have maintained, and will continue to encourage open communication with all Forestar shareholders. In fact, we have had discussions with both SpringOwl and Cove Street and expect we will continue to do so. In addition, we are committed to maximizing long-term shareholder value. Consistent with that goal, the company’s strategy is focused on recognizing and responsibly delivering the greatest value from every acre and growing through strategic and disciplined investments. We are successfully executing our strategy and we are on target to deliver our Growing FORward initiatives which has increased earnings, returns and the value of the company,” said Jim DeCosmo, president and CEO of Forestar. “The Board and management team are convinced that the execution of our strategy and Growing FORward strategic initiatives will maximize and grow long-term shareholder value,” concluded Mr. DeCosmo.
November 14, 2014
16:25 EDTFORSpringowl Associates reports 5.1% stake in Forestar Group
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