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George W. Bush sold 212,140 shares of Harken Energy at $4 a share on June 22, 1990, for a grand total of $848,560. Two months later, on August 20, Harken announced a larger than expected loss for the previous quarter. Surprisingly, the price of the company's stock shares barely declined at first, following these two negative, or "bearish", events.
The following is a list of publicly traded companies having the greatest market capitalization, sometimes described as their "market value": [1] Market capitalization is calculated by multiplying the share price on a selected day and the number of outstanding shares on that day.
In 2008, Enerplus acquired Focus Energy Trust for $1.4 billion in stock. [8] Focus unit-holders ended up owning 20% of the merged entity. Focus primarily specialized in natural gas production. In 2010, Enerplus sold their Kirby oilsands leases for $400 million, as a move of the company away from the oilsands. [9]
Before you buy stock in Uranium Energy, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Uranium ...
Fortum Corporation was founded in 1998. It was created from the merging of Imatran Voima and Neste Oy, the Finnish national oil company. [4] In 2003, Fortum bought parts of Fredrikstad Energi and Fredrikstad Energi Nett in a swap deal with E.ON. [5] In 2005 most of Neste's assets were divested into a separate stock-listed company Neste Oil. [6]
In 1973, the company was founded as an unprofitable collection of Texas oil wells for investors seeking tax write-offs. [3]In 1986, the company acquired Spectrum 7 for 200,000 shares from George W. Bush. [3] After the sale of his company, Bush served on the board of directors of the company and received $80,000-$100,000 per year in consulting fees.
On May 3, 1995, Wisconsin Energy Corporation and Northern States Power Company (NYSE: NSP) each filed a Securities and Exchange Commission Form 8-K to combine in a merger-of-equals transaction to form Primergy Corporation. It would have been the 10th largest investor-owned electric and gas utility company in the United States, based on market ...
The stock price doubled on its first day of trading. [11] [12] [13] In 2006, former McAfee CEO Gene Hodges succeeded Carrington as chief executive officer of the company. [9] In 2006, Websense acquired a fingerprint security company, PortAuthority. for $90 million. [14] In October 2007, it acquired email security vendor SurfControl for $400 ...