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Stock Market & Financial Investment News

News Breaks
November 13, 2012
15:32 EDTSDTPG-Axon reports 4.7% stake in SandRidge Energy, urges potential sale
On November 8, TPG sent a letter to the board of directors of SandRidge expressing their view that the common stock is currently significantly undervalued in the market. The letter also expressed increasing concern with management's inability to maximize potential value for stockholders and set forth the TPG's belief that SandRidge should reconstitute the Board to include shareholder representatives and other credible independent directors, replace the current CEO and engage an advisor to explore strategic alternatives available to SandRidge, including a potential sale.
News For SD From The Last 14 Days
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November 14, 2014
12:53 EDTSDOmega Advisors gives quarterly update on stakes
NEW STAKES: AerCap Holdings (AER), Nordic American Offshore (NAO), Melco Crown Entertainment (MPEL), Groupon (GRPN), and Ashland (ASH). INCREASED STAKES: QEP Resources (QEP), United Continental (UAL), Cabot Oil & Gas (COG), Actavis (ACT), and KAR Auction Services (KAR). DECREASED STAKES: Sprint (S), SandRidge Energy (SD), Sirius XM Holdings (SIRI), Kinder Morgan (KMI), and Transocean (RIG). LIQUIDATED STAKES: QUALCOMM (QCOM), Ocwen Financial (OCN), Freeport-McMoRan (FCX), Boston Scientific (BSX), and Capital One (COF).
November 11, 2014
05:54 EDTSDStocks with implied volatility movement; AUY SD
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November 10, 2014
05:59 EDTSDSandRidge Energy implied volatility of 96 at upper end of index mean range
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