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Seahawk Drilling files for bankruptcy

Sun, 02/13/2011 - 16:50 by Anter Prakash Singh

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

Fri, 12/24/2010 - 11:39 by Anand Chokkavelu

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?

Wed, 12/08/2010 - 12:06 by Jeremy Phillips

 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?

Fri, 12/03/2010 - 11:26 by Jeremy Phillips

 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?

Fri, 11/26/2010 - 09:35 by Jeremy Phillips

 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?

Fri, 11/26/2010 - 07:54 by Jeremy Phillips

 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?

Wed, 11/24/2010 - 10:47 by Jeremy Phillips

 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

Wed, 11/24/2010 - 05:45 by Prince damin

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?

Tue, 11/23/2010 - 12:37 by Jeremy Phillips

 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

Wed, 11/17/2010 - 12:06 by Anter Prakash Singh

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

Sara Lee to sell bakery division

Wed, 11/10/2010 - 01:55 by Prince damin

Downers Grove, Ill. -- U.S. food giant Sara Lee Corp. said Tuesday it has agreed to sell its North American Fresh Bakery business to Grupo Bimbo for $959 million.

In a statement, Interim Chief Executive Officer Marcel Smits said, "The sale … will allow us to aggressively invest in our core protein and coffee businesses. In both categories we are a leading player with healthy margins and a strong track record of innovation."

He also said, "We are actively pursuing growth here, organically and through acquisitions."

Sara Lee said its net sales for the first fiscal quarter of 2011 were 0.5 percent lower than the same quarter a year ago, and its operating income dropped to $169 million compared with $326 million in the same quarter last year.

Should You Sell Xerox Right Now?

Thu, 11/04/2010 - 11:47 by Jeremy Phillips

 Should you sell Xerox (NYSE: XRX) today?