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Stock Market & Financial Investment News

News Breaks
February 21, 2013
10:47 EDTSDTPG-Axon: Glass Lewis recommends SandRidge investors replace majority of board
TPG-Axon, beneficial owner of 7% of the outstanding shares of SandRidge Energy, announced that Glass, Lewis & Co. has recommended SandRidge stockholders vote the GREEN consent card in support of TPG-Axon’s proposals. Specifically, Glass Lewis recommends SandRidge’s bylaws be amended to destagger the Board, that six incumbent directors be removed, including SandRidge CEO Tom Ward, and that independent director nominees Stephen C. Beasley, Edward W. Moneypenny, Dinakar Singh, Alan J. Weber, Dan A. Westbrook and Peter H. Rothschild be elected to the Board. Glass Lewis also recommends stockholders NOT VOTE the white consent card provided by SandRidge.
News For SD From The Last 14 Days
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November 26, 2014
06:00 EDTSDStocks with implied volatility movement; HES SD
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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).

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