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Stock Market & Financial Investment News

News Breaks
November 30, 2012
16:22 EDTSDTPG-Axon reports 6.5% stake in SandRidge Energy, urges sale or restructuring
TPG-Axon disclosed in a filing that it holds a 6.5% stake in Sandridge Energy, including shares of common stock underlying swap agreements. In a letter to the company's board, TPG-Axon said, "[we have] heightened concern with the inability of the Issuer's management team to restore stockholder value and focusing on management's continued overspending, self-dealing and incoherent corporate strategy. The letter set forth [our] belief that, as a result of the foregoing concerns, a sale or dramatic simplification and restructuring of the Issuer are the only two viable options at this time." TPG-Axon also said in its letter that it seeks to replace the company's incumbent directors and de-stagger the board.
News For SD From The Last 14 Days
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October 20, 2014
05:54 EDTSDStocks with implied volatility movement; HLD SD
Stocks with implied volatility movement; Herbalife (HLF) 109, SandRidge Energy (SD) 97 according to iVolatility.
October 17, 2014
05:51 EDTSDStocks with implied volatility movement; SD SAN
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October 15, 2014
09:36 EDTSDSandRidge Energy downgraded to Underperform from Neutral at Credit Suisse
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06:04 EDTSDStocks with implied volatility above IV index mean; PWE SD
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October 14, 2014
05:58 EDTSDStocks with implied volatility above IV index mean; HTZ SD
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