Posts Tagged ‘Gets’
RIM gets a new CEO
Posted by admin in Finance Sunday, 22 January 2012 21:47 No Comments
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2011 was not a very good year for Research In Motion Ltd. (RIM). In fact, it may just have been one of its worst years. As competition in the mobile industry grew with Apple still ahead with its iPhone and Google riding on the success of Android, RIM did nothing to beat the two. RIM’s stocks went down by 75 percent as a result.
This is the reason why RIM decided to replaces its CEOs. Thorsten Heins will be the man replacing RIM’s pair of CEO, Jim Balsillie and Mike Lazaridis. Thorsten has 4 years of experience working in RIM. As for the ex-CEOs, Lazaridis will become vice chairman of RIM while Balsillie will stay as a board member.
Both ex-CEOs claim that it was their own decision to step down from the position and not due to external pressure like people would think (of course). According to Lzaridis, “This marks the beginning of a new era for RIM.”
Lets hope he is right because few days ago there were talks of companies looking to buy RIM.
What happens if you are short a stock that gets acquired?
Posted by admin in Finance Thursday, 13 October 2011 12:40 3 Comments
Say you short a stock in company A. Company A is being purchased by Company B a few months from now in a stock-for-stock merger transaction on Oct 1st.
What happens to the short position in company A, if an investor holds on up until the merger date (Oct 1)?
Let me be clear – the merger has already been announced so there is no ‘run-up’ in price leading up to it.
So on the day the merger is supposed to close, you would have to buyback shares from someone correct?
Orrin Hatch Gets Angry & Ted Kennedy Requests Recess – Clarence Thomas 2nd Hearing Part 6 (1991)
Posted by admin in Finance Saturday, 30 April 2011 16:17 22 Comments
October 11, 1991 www.amazon.com Watch the full program: thefilmarchived.blogspot.com In June 1989, President George HW Bush appointed Thomas to the United States Court of Appeals for the District of Columbia Circuit, despite Thomas’s initial protestations that he would not like to be a judge. Thomas gained the support of other African Americans such as former Transportation Secretary William Coleman, but said that when meeting white Democratic staffers in the United States Senate, he was “struck by how easy it had become for sanctimonious whites to accuse a black man of not caring about civil rights.” Thomas’s confirmation hearing was uneventful. He developed warm relationships during his 19 months on the federal court, including with fellow federal judge Ruth Bader Ginsburg. When Justice William Brennan stepped down in 1990, Bush wanted to nominate Thomas as Brennan’s replacement since he felt that replacing Thurgood Marshall—who was expected to be retiring soon—with Thomas could be perceived as a race-based appointment. However, Bush decided that Thomas had not yet had enough experience as a judge, having served only several months on the federal bench. Bush therefore nominated Judge David Souter of the First Circuit instead. After the appointment of David Souter and the ensuing disappointment of conservatives, White House chief of staff John H. Sununu promised that the president would fill the next Supreme Court vacancy with a “true conservative” and predicted a “knock …
What happens to individual’s stock when the company of that stock gets brought out by a PE group?
Say i hold 10 shares of stock in Home Depot ( which i think is in the process of a buy-out?) and find out that it’s going to get brought out by a PE group, and taking it private. What happens to my 10 shares of stock, am i forced to sell it to the PE, or does it grain in value while the company is private? Basically does the Private Equity group buy every single stock in the market or only certain ones?
Red Bank land swap gets federal OK
Posted by admin in Finance Saturday, 19 March 2011 07:18 No Comments
Red Bank land swap gets federal OK
Years of bureaucratic twisting led Red Bank City Manager Chris Dorsey to compare the quest for a new middle school to “a roller coaster.”
Via:Read more on Chattanooga Times Free Press
MONROE: PNC Bank gets OK for signs
Posted by admin in Finance Thursday, 3 March 2011 07:24 No Comments
MONROE: PNC Bank gets OK for signs
MONROE — The PNC bank at the Applegarth Center may build two more facade signs on the north and west sides facing the shopping center, but residents of the Clearbrook adult community believe the new back-lit signs would shine into their community at night.
Via:Read more on The Cranbury Press
How do you determine how much your investor gets paid?
Posted by admin in Finance Monday, 28 February 2011 18:48 3 Comments
I’m considering opening a little BBQ restaurant but i have no money. I have someone that would fund it but I am fuzzy on how they get their cut. Do you work out a percentage of sales? percentage of gross income or net sales? and how often, every week, bi weekly, monthly, yearly??
or are all these things something that can be negotiated with the investor?
I’m basically just looking for what the norm is with this kind of situation.
Please don’t give me a “biz” website to look at.
Adult bookstore gets new hearing
Posted by admin in Finance Sunday, 27 February 2011 02:23 No Comments
Adult bookstore gets new hearing
WEST SPRINGFIELD – Would-be adult business operator Daniel A. Crespo will get his second day in court so to speak Monday when his application to run an adult bookstore at 74 Doty Circle comes before the Board of Appeals for the second time.
Via:Read more on The Republican
How does the value of a stock gets drive down?
Posted by admin in Finance Saturday, 19 February 2011 19:16 2 Comments
This is probably a stupid question, but I got stuck when I was reading up on how the stock market works. I read that when a business goes bad, investors start selling their stock, which drives the price of the stock down. Don’t you have to sell your stock to some other person in order to get it out of your hands? And who would buy the stock when its value is plummeting?
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