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Seahawk Drilling files for bankruptcy

Seahawk Drilling, Inc. filed for bankruptcy in the U.S. Bankruptcy Court in Texas. The company plans to sell its assets to its rival company Hercules Offshore Inc. for about $100 billion in cash and stock.

5 Stocks to Sell for 2011


It's almost time to sell! December is normally the month famous for its tax selling -- i.e., selling stocks that have fallen in value to get tax deductions.

Is Limelight Networks a Sell?

 Should you sell Limelight Networks(Nasdaq: LLNW) today?

The decision to sell a stock you've researched and followed for months or years is never easy. If you fall in love with your stock holdings, you risk becoming vulnerable to confirmation bias -- listening only to information that supports your theories, and rejecting any contradictions.

 

Should You Sell Kraft Foods Today?

 Should you sell Kraft (NYSE: KFT) today? The decision to sell a stock you've researched and followed for months or years is never easy. If you fall in love with your stock holdings, you risk becoming vulnerable to confirmation bias -- listening only to information that supports your theories, and rejecting any contradictions.

 

Should You Sell Oshkosh Right Now?

 Should you sell Oshkosh (NYSE: OSK) today? The decision to sell a stock you've researched and followed for months or years is never easy. But if you fall in love with your stock holdings, you risk becoming vulnerable to confirmation bias -- listening only to information that supports your theories, and rejecting any contradictions.

 

Should You Sell Noble Right Now?

 Should you sell Noble (NYSE: NE) today? The decision to sell a stock you've researched and followed for months or years is never easy. But if you fall in love with your stock holdings, you risk becoming vulnerable to confirmation bias -- listening only to information that supports your theories, and rejecting any contradictions.

 

Is General Steel a Sell?

 Should you sell General Steel Holdings(NYSE: GSI) today? The decision to sell a stock you've researched and followed for months or years is never easy. If you fall in love with your stock holdings, you risk becoming vulnerable to confirmation bias -- listening only to information that supports your theories, and rejecting any contradictions.

 

J. Crew sells itself for $3 billion

New York -- U.S. clothing company J. Crew Group Inc. said Tuesday it had agreed to sell itself to two investment funds for $3 billion.

The price, at $43.50 per outstanding common share, represents a 29 percent premium over the company's average closing price in October, J. Crew said in a statement.

The buyers are TPG Capital and Leonard Green & Partners, L.P.

The firm said Chairman and Chief Executive Officer Millard Drexler would continue in his roles as head of the company and "maintain a significant investment in J. Crew."

Drexler said, "As I have always said, we are in this for the long term and we do what we do day in and day out so we can deliver the best possible products for our customers."

Is Alcoa a Sell?

 Should you sell Alcoa (NYSE: AA) today? The decision to sell a stock you've researched and followed for months or years is never easy. If you fall in love with your stock holdings, you risk becoming vulnerable to confirmation bias -- listening only to information that supports your theories, and rejecting any contradictions.

 

GM to increase size and price of IPO

General Motors Co. (GM) will increase the size of its initial public offering (IPO) by more than 30 percent, the company has confirmed.