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Sina Hit on Muddy Waters Mix-Up
Monday, November 28, 2011 - 12:43pm | 389On Monday, Sina Corp (NASDAQ: SINA) traded sharply lower after speculation circulated that the company could be the next target of noted short seller Muddy Waters. Earlier in the month, Muddy Waters released a report critical of Focus Media (NASDAQ: FMCN). That report sent the stock trading...
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Did We Learn Who Eventually Takes Over Yahoo?
Wednesday, September 28, 2011 - 12:20pm | 693Since it was first announced in early September that Yahoo (NASDAQ: YHOO) CEO Carol Bartz was fired, and Third Point's Dan Loeb had acquired a large stake in the company, there have been rumors swirling about who was going to eventually acquire the company. With last night's news that Chinese...
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Did Hewlett-Packard Become A Day Trader?
Monday, August 22, 2011 - 11:13am | 615Last week, Hewlett-Packard (NYSE: HPQ) made the decision to spin off its computer business, and discontinue supporting and creating new products based on its acquisition of Palm, and its WebOS operating system. WebOS was supposed to save HP and let it compete with Apple (NASDAQ: AAPL) and Google's...
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Ironfire Capital Sends Letter To Microsoft To Increase Dividend Or Buy Back More Stock (MSFT)
Monday, August 23, 2010 - 4:06pm | 133Ironfire Capital has sent a letter to Microsoft (NASDAQ: MSFT) urging the company to either raise its dividend or buy back more of the stock in the open market. In the letter to Microsoft, Ironfire Capital says, "We believe the Company has an enormous strength that is under-appreciated by investors...
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Jackson Considers Orient Paper As A Well Managed Chinese Firm On A High Growth Path
Tuesday, April 13, 2010 - 9:25am | 400In an article on SeekingAlpha.com, Eric M Jackson, the founder and managing member of Naples-based Ironfire Capital LLC, said that the stock on which his firm had the highest conviction long position is Orient Paper (AMEX: ONP). ONP, which was founded in 1994 and now operates six presses, makes...