New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 28, 2014
07:23 EDTWFTWeatherford upgraded to Buy from Neutral at Global Hunter
Global Hunter upgraded Weatherford to Buy based on progress in cost reduction initiatives and expectations that it will complete non-core asset dispositions by the end of 2014.Price target raised to $28 from $19.
News For WFT From The Last 14 Days
Check below for free stories on WFT the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 22, 2014
16:18 EDTWFTWeatherford recommends rejection of 'Mini-Tender' offer by TRC Capital
Weatherford International has received notification of an unsolicited "mini-tender" offer by TRC Capital Corporation to purchase up to 5M shares, or approximately 0.65%, of the outstanding ordinary shares of Weatherford at $21.15 per share. TRC Capital's offer is approximately 4.3% below Weatherford's closing price of $22.10 on August 18, the day before the offer commenced. Weatherford does not endorse this unsolicited mini-tender offer and recommends that shareholders reject the offer. Weatherford recommends that shareholders who have not responded to TRC Capital reject the offer by taking no action because the offer is at a price below the current market price for Weatherford shares and is subject to numerous conditions, including any decrease in the market price of Weatherford's shares and the ability of TRC Capital to obtain financing on satisfactory terms. Weatherford further recommends that shareholders who have already tendered shares in TRC Capital's offer withdraw their shares by providing the written notice described in the offering documents prior to the time of expiration stated in the offer, which is on Thursday, September 18.
August 14, 2014
17:41 EDTWFTPoint72 Asset Management gives quarterly update on stakes
Subscribe for More Information
17:27 EDTWFTAppaloosa gives quarterly update on stakes
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use