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Stock Market & Financial Investment News

News Breaks
February 19, 2013
07:01 EDTSDTPG-Axon urges SandRidge investors to vote for its proposals
TPG-Axon, beneficial owner of 7% of the outstanding shares of SandRidge Energy, issued an open letter to SandRidge stockholders urging them to vote the GREEN consent card in favor of its proposals to amend the company’s bylaws and replace SandRidge’s entire Board of Directors with its slate of highly qualified director nominees. In the letter TPG-Axon commented: “Strategic blunders, extraordinary spending and poor governance have caused SandRidge stock to decline almost 80% since the 2007 IPO. This destruction of value is not an accident – it has been a result of the choices made, and actions taken, by Tom Ward and the current Board of Directors.”
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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