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StreetSweeper Reports Ocean Power Technologies 'Dead in Water,' Shares Sink 12%
Thursday, April 3, 2014 - 4:21pm | 819Shares of Ocean Power Technologies (NASDAQ: OPTT) fell more than 12 percent following StreetSweeper's report on the company's misleading announcements, a lack of funding, and "dead" projects. Ocean Power Technologies Announces $66.5 (AUD) Million Grant In a press release on Tuesday, Ocean...
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Shares of Herbalife Respond to Nomination of Three Icahn Designees
Monday, March 24, 2014 - 8:53am | 468Herbalife (NYSE: HLF) on Monday announced a reinstatement of its agreement with Carl Icahn and related entities, which own approximately 16.8 percent or 17 million shares of the company's common stock. Shares are up more than 7.25 percent in pre-market trading following Herbalife's nomination of...
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Office Depot, OfficeMax Announce Merger, Then Don't
Wednesday, February 20, 2013 - 10:30am | 406UPDATE: OfficeMax has posted a press release on its website confirming the deal, which can be viewed here. Creating yet another media frenzy over yet another press release that was and wasn't, investors in Office Depot (NYSE: ODP) and OfficeMax (NYSE: OMX) were sent on a roller coaster Wednesday...
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Enhanced Performance Reporting At BookingAlpha
Sunday, February 13, 2011 - 11:51pm | 307In pursuit of continuous improvement and full transparency, we have modified our Performance Reporting to incorporate the following enhancements: After commissions component: An "after commission" calculation has been added to reflect the effect of commissions on performance using a $10 transaction...