Ackman's investors seeking clarifications on investments in JC Penney and Herbalife. Two of the institutional investors comprising William Ackman's US$12 billion hedge fund are planning to ask more information on the investment made in beleaguered retailer JC Penney.
Tags: Share value
JC Penney faces uphill climb
JC Penney Co Inc's decision to sell shares caused its stock value to further depreciate. The decision by JC Penney Co to strengthen its cash reserves by the issuance of new USD1 billion in new shares resulted in a decline in its stocks by more than 13% last Friday.
Infosys Openness Causing Dislocation
Infosys, the paragon of market guidance, has now experienced the shock of falling share values because of failed earnings expectations.
RBS Directors to Stand Trial
According to a shareholder group, RBS and its directors should stand trial for lost share value in the bank because of the acceptance of the bailout plan.
Doha Bank Says Rights Issue Oversubscribed
Doha Bank releases two part issue to increase capitalization. Qatar's fifth largest lending institution in terms of market value has announced that its issue valued at QAR1.
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