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Investor seeks $8B GM stock buyback, seat on board

2015-02-10 17:22:58| Automakers - Topix.net

" A General Motors stockholder representing four investment funds has told the company he'll seek a seat on its board at the annual meeting this summer and will push for an $8 billion stock buyback to take place next year. Harry Wilson, a former hedge fund manager and one-time member of the Obama administration task force that helped to restructure GM and Chrysler in 2009, disclosed his plans in a meeting with GM CEO Mary Barra on Feb. 3. The company revealed them in a statement issued Tuesday morning and said its board will evaluate the proposals through its normal committee process.

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Stock Futures Stretch Higher; Starwood, Coca-Cola, CVS Climb

2015-02-10 15:40:07| Beverages - Topix.net

Dow futures lofted 122.8 points above fair market value. Nasdaq 100 futures climbed 28.7 points, while S&P 500 futures were ahead 14.5 points.

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Stock Sales by DuPont CEO Raise Eyebrows

2015-02-10 12:38:34| Chemicals - Topix.net

The battle over board seats at DuPont Co. is spreading to the stockholdings of its chief executive and chairman, Ellen Kullman.

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Interesting January 2016 Stock Options for IBM

2015-02-10 06:38:26| Semiconductors - Topix.net

Consistently, one of the more popular stocks people enter into their stock options watchlist at Stock Options Channel is International Business Machines Corp. . So this week we highlight one interesting put contract, and one interesting call contract, from the January 2016 expiration for IBM The put contract our YieldBoost algorithm identified as particularly interesting, is at the $90 strike, which has a bid at the time of this writing of 83 cents.

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Stock Market Today: February 9, 2015

2015-02-10 06:23:25| Furniture - Topix.net

Stocks to Watch from The Survey - As is often the case on Mondays, earnings news is fairly light, although there are a handful of reports to be aware of. Investors appear pleased with fourth-quarter results from toymaker Hasbro , which were generally in line with expectations.

Tags: february today market stock

 

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