Loren C. Steffy's Blog, page 25
January 17, 2013
Whose side is Michael Dell on in buyout deal?
Shareholders are left to decide what Michael Dell might -- or might not -- have up his sleeve.
January 16, 2013
What I’m reading with my morning coffee | 1.16.13
Dell in talks on a buyout at $13 to $14 a share. The long road from computer king to private equity fodder. Now, investors must decide how to value the IT business, and whether it’s worth bringing PCs along for the ride. Icahn to almost double his money with $520 million CVR refining IPO. Meanwhile, Read More
After Stanford’s gluttony, investors get only crumbs
Compounding the insult is the fruitless hunt for assets by the court-appointed receiver, a process that wound up costing almost $57 million in legal fees - more than the 30,000 investors are getting back in the initial payment.
January 14, 2013
Icahn nabs Transocean stake after Macondo settlement
Icahn typically invests in undervalued companies and uses his stake to force changes in management or corporate governance.
National panel questions reliability of Texas’ electric grid
The state is now under more pressure than ever to encourage generation, and that's likely to mean higher prices at a time when the deregulated market was supposed to be delivering lower prices to consumers.
January 11, 2013
Friday Bookshelf: Bob Dylan as a self-help guru
Friedman was interested in how Dylan built a career that spanned 50 years, especially in a field as fickle as popular music.
Shell had a lot riding on Arctic rig’s snapped tow lines
What Shell doesn't seem to fully appreciate is that to the public, it's irrelevant whether Shell's problems involve actual drilling or the maritime operations that support it.
Shell had a lot riding on Arctic’s rigs snapped tow lines
What Shell doesn't seem to fully appreciate is that to the public, it's irrelevant whether Shell's problems involve actual drilling or the maritime operations that support it.
January 10, 2013
Curing cancer with corporate welfare
CPRIT may have been conceived with the best of intentions, and voters may have believed they were funding a noble cause, but it has morphed into something far less noble.
What I’m reading with my morning coffee | 1.10.12
Boeing tries to diffuse fears about Dreamliner. Wishing it was all a dream, the Boeing 787 fire spotlights hazards of plug-in cars and laptops. Big teacher’s pension fund will sell its stake in gun manufacturers. No, it’s not the Texas Teacher Retirement System. AIG rejects ex-CEO Greenberg’s bailout suit against the federal government. If nothing Read More
