STX OSV slides despite sale of stake at a purportedly higher price than market

Since 3 months ago, it was reported that STX Group is likely to sell off its 50.75% stake in STX OSV. Some news speculated that the deal would be done in April, while others speculated in May. According to Maeil Business Newspaper 18 May 12, (South Korea main daily business newspaper), STX Group seems to be close to signing a preliminary agreement to sell 50.75% stake in STX OSV to Italian shipbuilding Fincantieri and private equity firm Carlyle group at around $1.60. The newspaper cited that the agreement may be signed as early as the following week. However, nothing was announced during the period. […]

U.S. companies earnings announcement dates for the period 4 Jun – 30 Jun 12

Dear all   For readers who trade the U.S. markets, here is my personal compilation of the U.S. listed companies’ earnings announcement date, sorted by date and company name for the period 4 Jun – 30 Jun 12. Source is from Bloomberg, correct as on 31 May. This should be useful as part of your consideration in your trading plan. Company Name Date *Confirm / Estimated Time Period Estimate Dollar General Corp 5-Jun-12 C 4:05 Q1 2013 0.599 Mattress Firm Holding Corp 5-Jun-12 C Aft-mkt Q1 2013 0.244 Ulta Salon Cosmetics & Fragrance Inc 5-Jun-12 C Aft-mkt Q1 2013 0.53 […]