PennyStockPayCheck.com Rss

Featured Posts

Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

Read more

Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

Read more

Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

Read more

Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

Read more

UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

Read more

Spanish economic decline worsens

Category : Business, World News

Spain’s economic downturn worsened in the last three months of 2012, official data indicates, while across the eurozone retail sales continued to fall.

Read more from the original source: Spanish economic decline worsens

Post to Twitter

AUDIO: More Scottish clubs ‘in financial trouble’

Category : Business

The finances of Scottish football clubs have worsened in the last six months, according to a survey.

Read the rest here: AUDIO: More Scottish clubs ‘in financial trouble’

Post to Twitter

King ‘pessimistic’ about economy

Category : World News

Bank of England governor Sir Mervyn King says he is “pessimistic” about the global economy, saying the situation has worsened in the past few weeks.

More here: King ‘pessimistic’ about economy

Post to Twitter

Icahn Buys 7.6% of Chesapeake Energy, Seeks Major Board Change

Category : Business, Stocks

NEW YORK (TheStreet) — The rumors about Carl Icahn taking a stake in Chesapeake Energy were true, though what it will mean for the embattled — and stubborn — oil and gas company remains uncertain.

Activist investor Icahn revealed a 7.6% stake in Chesapeake Energy after the close on Friday, larger than the 4% stake that had been rumored in the press for weeks, and larger than the 5.8% stake that Icahn had amassed in late 2010, before selling at a quick profit.

While Icahn’s 2010 investment didn’t pan out as an activist push and the shareholder return destruction and corporate governance issues have only worsened since for Chesapeake Energy, this time Icahn says he is playing the stock for activist reasons. Carl Icahn …

Click to view a price quote on CHK.

Click to research the Energy industry.

See the original post: Icahn Buys 7.6% of Chesapeake Energy, Seeks Major Board Change

Post to Twitter