Unstructured Finance

Bankruptcy no barrier to entry for General Growth stock

March 5, 2010

There were more than a few quizzical looks in the newsroom this week when General Growth Properties said it would again list its shares on the New York Stock Exchange. Wouldn’t bankruptcy preclude the stock from being on the Big Boad? Not only does being bankrupt not keep your stock from being traded, but from the reaction of investors, it won’t even make your stock a sell.

Check Out Line: At least Ackman outpolled most of his slate …

June 19, 2009

ackman1Check out the final tally from the contentious Target Corp annual meeting.

William Ackman had already lost the battle to seat his slate of director nominees on the Target board last month, but the retailer released the final vote totals and the activist shareholder came up far short in trying to win investor support, garnering 19 percent of the votes cast.  That topped the tally for three of his other four nominees.

Target investors shoot down Ackman

May 28, 2009

ackmantarget

When an activist investor comes to town, it appears that Target security goes on high alert.