Best Efforts Offering
An underwriting agreement where the underwriters use their best efforts to sell the stock; however, the underwriters have no obligation to buy stock not purchased by investors.
Investerms News
- Compellent Technology Plummets, but Could Recover in Q2
Compellent Technologies, Inc. (CML) moved nearly 25% lower on Thursday after reducing its first quarter revenue guidance from $35-37 million to $31-32 million. The decrease - Zix Corporation Sees Encryption Demand Soar
Zix Corporation (ZIXI) reported strong demand for its e-mail encryption software during the first quarter of 2010, with $2.2 million in new orders and a - Icahn Continues Battle for Lions Gate
Lions Gate Entertainment Corp.’s (LGF) Joe Feitheimer and Michael Burns are starring in their own drama taking place on Wall Street. The plot: Billionaire activist - Spark Networks Worth $6-7 Says Activist Investor
Spark Networks Inc. (LOV) is worth far more than the paltry $3.10 per share cash offer by Great Hills Partners, said one dissident activist shareholder. - Point Your Portfolio to Internet Brands
Internet Brands, Inc. (INET), an internet media company similar to AOL, Inc. (AOL) or Yahoo! Inc. (YHOO), could see significant upside if online advertising continues - Shamrock Takes Aim at Mobile Mini in 13D Filing
Mobile Mini, Inc. (MINI), a provider of portable storage solutions in North America and the United Kingdom, may face some opposition from an activist hedge - Steel Partners Makes Move on Adaptec
Adaptec Inc. (ADPT) is facing increased pressure from an activist hedge fund that derailed its previously planned merger in 2007 and now wants to stop - Ackman Changes Up Target Stake
Target Corporation (NYSE: TGT) shares fell marginally after Bill Ackman’s Pershing Square changed up its stake in the retailer. As a result of the transaction, - Hedge Fund: FiberNet Worth more than $14.50 per Share
FiberNet Telecom Group, Inc. (FTGX) may face some opposition after a large shareholder brought up concerns in a letter to the board that appeared in - Chinese Internet Stock to Benefit from Recovery
Sohu.com Inc. (NASDAQ: SOHU) and Baidu Inc. (NASDAQ: BIDU) could be two key beneficiaries of a Chinese economic turnaround, as strong growth rates stand to