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Stock Market & Financial Investment News

News For APOL;S;DISH;NUVA;HA;CLWR;HLF From The Last 14 Days
Check below for free stories on APOL;S;DISH;NUVA;HA;CLWR;HLF the last two weeks.
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May 22, 2013
09:09 EDTCLWR, SClearwire board recommends holders vote for increased offer from Sprint
Clearwire (CLWR) announced that its Special Committee of the board have each approved the revised offer from Sprint (S) to acquire the approximately 50% stake in the company it does not currently own for $3.40 per share. The Special Committee of the board determined that the revised offer, when compared with other potential transactions reasonably available to the company at this time, is the most favorable potential transaction to the company's unaffiliated stockholders and that the terms of the revised offer are advisable, fair to and in the best interest of such stockholders. The Clearwire board recommends that stockholders vote their shares FOR all of the proposals relating to the transaction with Sprint by returning the WHITE proxy card with a "FOR" vote for all proposals.
08:14 EDTAPOLApollo Group's University of Phoenix and Cleantech Open form internship program
The Apollo Group, parent company of the University of Phoenix, and the Cleantech Open, the world’s largest cleantech accelerator, are launching a new internship program that provides University students and alumni the opportunity to work alongside senior management of the Cleantech Open to foster the next generation of entrepreneurs creating tomorrow’s clean and sustainable technologies. As the official education partner of the Cleantech Open, University of Phoenix provides clean-technology and business curriculum to semifinalists, finalists and alumni companies of the Cleantech Open.
07:48 EDTNUVAFDA Orthopaedic and Rehabilitation Devices Panel to hold a meeting
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07:29 EDTDISHXbox won't hurt pay TV companies in near-term, AllThingsD says
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06:31 EDTHLFIcahn up $228M, Ackman down $10M on Herbalife, NY Post reports
Carl Icahn's long position in Herbalife (HLF) is up $228M while Bill Ackman's short position in the company is down $10M, New York Post reports. Reference Link
May 21, 2013
13:43 EDTCLWR, SClearwire reschedules special shareholder meeting
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13:36 EDTCLWR, SClearwire holder Crest Financial protest company's delay of vote on merger
Crest Financial Limited, the largest of the independent minority stockholders of Clearwire Corporation (CLWR), protested the decision of the Clearwire Board of Directors to adjourn the Clearwire special meeting to consider Sprint's (S) increased offer price of $3.40 per share. Crest said that it has sent a letter to the Clearwire Board of Directors urging them to resist Sprint's new offer so that Clearwire can pursue direct offers through a competitive process once the bidding war over Sprint is concluded. Crest's letter to the Clearwire Board said, "Sprint's new offer for Clearwire still significantly undervalues Clearwire and its assets and provides no protections to minority stockholders."
12:16 EDTHLFHerbalife resumes, up 3.5% to $50.95 after naming PwC as auditor
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12:13 EDTHLFHerbalife selects PricewaterhouseCoopers as auditor, PwC to re-audit prior years
Herbalife announced that the Audit Committee of its Board of Directors has engaged PricewaterhouseCoopers as the company's independent auditors. PwC will commence work immediately to re-audit the company's consolidated financial statements for the fiscal years ended December 31, 2010, 2011 and 2012 and PwC will also review the company’s condensed consolidated financial statements for the first quarter of 2013. “We are very pleased to have engaged PwC to serve as the Company’s independent auditor. They will begin work immediately to re-audit the Company’s December 31, 2010, 2011 and 2012 consolidated financial statements. Investors should rest assured that the Company will be working to assist PwC in any way necessary to facilitate their work,” said the chairman of Herbalife’s audit committee Leroy Barnes.
12:11 EDTCLWRFollow-up: Clearwire upgraded to Market Perform from Sell at Janco
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12:08 EDTCLWRClearwire upgraded to Market Perform from Sell at Janco
12:07 EDTHLFHerbalife engages PricewaterhouseCoopers as new audit firm
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11:56 EDTHLFHerbalife trading halted, pending news
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10:24 EDTCLWRSprint, Clearwire deal likely gets done, says Wells Fargo
Wells Fargo believes Sprint's (S) raised offer for Clearwire (CLWR) is likely enough to get the deal approved by shareholders. Wells has an Outperform rating on Sprint and Market Perform rating on Clearwire.
10:06 EDTHLFHerbalife May weekly volatility spikes on sharp rally
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09:48 EDTCLWRClearwire resumes trading, up 3.7% to $3.38
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09:32 EDTS, CLWRClearwire to resume trading at 9:45 am ET
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09:23 EDTS, CLWRClearwire receives increase offer from Sprint
Clearwire (CLWR) confirmed that it has received a revised offer from Sprint (S) to acquire the approximately 50% stake in the company it does not currently own for $3.40 per share. Consistent with its fiduciary duties and in consultation with its financial and legal advisors, the Special Committee of the Clearwire board will review this revised proposal from Sprint.
09:22 EDTCLWR, SClearwire receives increase offer from Sprint
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09:03 EDTCLWR, SSprint increases offer for Clearwire to $3.40 per share from $2.97
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