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Len Boselovic's Heard off the Street: RTI demanded better deal...

2015-04-12 06:36:29| Industrial Machines - Topix.net

Alcoa's plan to invigorate its aerospace business by acquiring RTI International Metals, a Moon titanium producer, began with a Dec. 8 phone call from Alcoa Chairman and CEO Klaus Kleinfeld to Robert Hernandez, chairman of RTI's board. According to a lengthy document Alcoa filed last week with the U.S. Securities and Exchange Commission, what followed was a series of back-and-forth negotiations that culminated March 9, when the two metals producers announced a merger agreement that valued RTI at $1.5 billion.

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Len Boselovic's Heard Off the Street: Lawyers group says brokers can't be trusted

2015-03-29 11:30:49| Auto Dealers - Topix.net

While ads for Wall Street firms make it sound like investment professionals are just like doctors and lawyers when it comes to protecting clients interests, in private they act more like used car salesmen, according to the Public Investors Arbitration Bar Association. The group contends Wall Street firms' marketing efforts give the impression that they are bound by a fiduciary duty to put their client's interest first.

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Daily Dividend Report: SLB, BLK, FAST, TGT, PPG, AON, MMC, LEN, GT, NNN

2015-01-16 11:42:00| Chemicals - Topix.net

Schlumberger declared a quarterly dividend of $0.50 per share of outstanding common stock. The dividend is payable on April 10, 2015 to stockholders of record at the close of business on February 11, 2015.

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Len Boselovic's Heard off the Street: Local stocks post mixed results in 2014

2015-01-11 10:03:25| Food - Topix.net

Alcoa was the region's best performing stock in 2014, a year that saw local stocks lag behind broad market indexes. The Post-Gazette/Bloomberg index of 56 regional stocks fell less than 1 percent last year, with 25 of the stocks in the index gaining ground and 31 declining.

Tags: results post local street

 

Len Boselovic's Heard off the Street: Local stocks post mixed results in 2014

2015-01-11 06:20:18| Grocery - Topix.net

Alcoa was the region's best performing stock in 2014, a year that saw local stocks lag behind broad market indexes. The Post-Gazette/Bloomberg index of 56 regional stocks fell less than 1 percent last year, with 25 of the stocks in the index gaining ground and 31 declining.

Tags: results post local street

 

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