User 442486

User 442486
Send Message
View as an RSS Feed
  • SandRidge Energy (SD -2.4%) shares sink to their lowest levels since November, a drop that's blamed on TPG-Axon's presentation (summary) outlining SD management's "record of massive value destruction." The company claims replacing its board, as the hedge fund suggests, would lead to a default under its credit agreement and require it to make an offer to repurchase its senior notes.  [View news story]
    Perhaps the SEC should take a look. A credit agreement that keeps the current board in place surely would be a significant event. I don't recall any discloser to that effect.
    Feb 10, 2013. 04:23 AM | Likes Like |Link to Comment
  • Energy Secretary Chu's Overdue Departure Could Be Bullish For Natural Gas Transportation  [View article]
    Our best hope is for the Senate to block any nominee Obama offers.
    Feb 4, 2013. 10:33 AM | 4 Likes Like |Link to Comment
  • The aggressive moves by Fox Sports (NWS +0.3%) in building the cornerstone for a national sports network isn't a threat to Disney's (DIS +1%) ESPN anytime soon, according to analysts. In order to cut significantly into ESPN's dominance, Fox would need to land NBA or NFL rights which won't be up for bidding for years. The most likely scenario is that Fox Sports will keep adding a steady mix of MLB, college football, NASCAR, and English Premier League programming to help it hike the prices it charges cable companies.  [View news story]
    Murdock is so political, I will refuse to watch any network that has his finger prints on it. Murdock corrupts everything he touches, even the WSJ! If ever a boycott was called for, it's one targeting Murdock.
    Jan 24, 2013. 03:06 PM | Likes Like |Link to Comment