Cree sets price for $390M stock offering; shares slide
Cree Inc. has priced its recently announced public stock offering of 11 million shares at $35.50 a share, and the Durham maker of light-emitting diodes and LED lighting products says it expects gross proceeds of $390.5 million by the time the offering ends Sept. 16. feeds.bizjournals.com |
SEC charges former Isilon CFO
The U.S. Securities and Exchange Commission filed securities fraud charges Monday against Stuart Fuhlendorf, former chief financial officer of Isilon Systems, alleging that he "cut secret side deals with Isilon customers to allow the company to report inflated sales to its shareholders" following the company's initial public offering in 2006. (ISLN) feeds.bizjournals.com |
Turquoise will bolster the LSE's position (at FT.com)
One down, six to go. With the London Stock Exchange set to absorb Turquoise, the share trading platform, the UK bourse can worry a little less about competitors snapping at its heels. us.rd.yahoo.com |
MarketWatch First Take: Goldman, the unemployed and PETA (at MarketWatch)
Forget Wharton, Harvard Business School or connections, the path to Goldman Sachs Group Inc. riches might be shorter than you think -- and the animals will lead you. us.rd.yahoo.com |
Athens invites Beijing to buy bonds (at FT.com)
Greece is wooing China to buy up to EU25bn of government bonds, a move that underlines Beijing's growing financial power, as Athens struggles to seeks it seeks alternative ways offund itssoaring public debt. us.rd.yahoo.com |