| Overture Acquisition Corp. Announces Termination of Master Agreement (Business Wire) GRAND CAYMAN, Cayman Islands----Overture Acquisition Corp. today announced that the proposed business combination will not occur. While a majority of the shareholders approved the business combination, the percentage of no votes exceeded the 30% threshold amount set froth in the Companyâs amended and restated memorandum and articles of association and therefore the required approval was not obtained, despite the support of the Companyâs warrantholders. us.rd.yahoo.com |
Levi & Korsinsky, LLP Announces Class Action Lawsuit Against Board of Allied Capital Corporation -- ALD (GlobeNewswire) NEW YORK -- Levi & Korsinsky, LLP announces that on January 25, 2010, they filed a class action lawsuit on behalf of all current common stock shareholders in Allied Capital Corporation in connection with Allied's attempt to sell the company to Ares Capital Corporation and ARCC Odyssey Corp. The complaint alleges violations of Rule 14a-9 promulgated under the Securities Exchange Act of 1934 , breaches of fiduciary duty and other violations of state law. us.rd.yahoo.com |
New Funds: June 21 (at Financial Times) ● Amundi has launched two new US-focused ETFs on NYSE Euronext in Paris that will track the S&P 500 and the Nasdaq 100. It has also unveiled the FTSE MIB ETF that will track 40 leading Italian stocks. us.rd.yahoo.com |
Navios Maritime Acquisition takes 2 new vessels (AP) Navios Maritime Acquisition Corp. has taken delivery of two new tankers, the Greek ship company said Monday The vessels, which were built in 2007, are now under three-year charter contracts at a rate of $17,000 per day. us.rd.yahoo.com |
[video] AM Report: Immigration Ruling Fuels Campaign Fires [9.0 min] (at MarketWatch) A judge's decision to block controversial elements of Arizona's immigration law created a fresh hot-button issue for the already heated political season. Jonathan Weisman and David Reilly discuss. us.rd.yahoo.com |