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Stock Market & Financial Investment News

News Breaks
September 5, 2012
07:39 EDTULTR, SB, ANW, SFL, ISH, RLOG, BNK, BALT, GSL, EGLEJefferies to host a conference
2012 Global Shipping Conference is being held in New York on September 5.
News For ULTR;GSL;BALT;BNK;RLOG;ISH;SFL;ANW;SB;EGLE From The Last 14 Days
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September 22, 2014
16:06 EDTRLOGRand Logistics announces settlement of proxy contest with JWEST
Rand Logistics announced that it has reached an agreement with JWEST, a significant stockholder of the company, ending JWEST's proxy contest for Rand's upcoming annual meeting of stockholders. JWEST is withdrawing its proposed nominees for Rand's board and Rand management will revise its slate of nominees to include existing independent director, John Binion, and Jonathan Evans of JWEST. Both parties have agreed to support the candidacy of Binion and Evans. As part of the agreement, Rand's existing lead independent director, Michael Lundin, will be appointed as chairman of Rand, Laurence Levy will be appointed to the new position of executive Vice Chairman and Edward Levy will be appointed as CEO. In addition, Jonathan Evans will be appointed to the Compensation Committee of the board. Rand has also agreed to add an additional independent director to the board within three months of the annual meeting. Finally, Rand has agreed that it will not renew its reimbursement agreement with Hyde Park Real Estate LLC when it expires in February 2016.
September 18, 2014
07:33 EDTGSLGlobal Ship Lease to acquire 8,063 TEU vessel
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September 17, 2014
07:35 EDTISHImperial Capital to hold a conference
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