Posted by admin on May 15, 2012
London-based Noster Capital sent an open letter to Chesapeake’s board on Monday asking the No. 2 U.S. natural gas producer to remove McClendon as details of his financial dealings emerge.
Chesapeake has been caught in a corporate governance controversy since Reuters reported last month that McClendon had mortgaged his personal stakes in the company’s oil and gas wells to companies that had lent money to the company.
In Noster’s letter the fund, which owns 250,000 Chesapeake shares, asks the board to “immediately terminate” McClendon and keep him on as an unpaid consultant.
Pedro Noronha, managing partner at Noster, said in a telephone interview that he hopes his letter will prompt other shareholders to take a more critical look and speak up as well.
He added that he is keeping his position unchanged for now.
The Wall Street Journal reported on Sunday that billionaire investor Carl Icahn, one of Wall Street’s most powerful activist investors, is buying Chesapeake shares.
Icahn was not immediately available for comment. Chesapeake would not confirm the report about Icahn.
The company said on Monday it was confident it would complete assets sales to plug a funding gap estimated at $10 billion this year.
Chesapeake shares were… Read More
Posted by admin on April 12, 2012
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Posted by admin on March 29, 2012
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The focus in this piece is on New York rapper 50 Cent, real name Curtis Jackson. By sharing… Read More
Posted by admin on March 28, 2012
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Pick a melody on a keyboard. Here a quick way I learned to find a melody or riff.
Play only one octave. What’s an octave? Start from the first key on your keyboard and count 12 keys to the right. All 12 keys make one octave.
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Posted by admin on March 9, 2012
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Posted by admin on March 7, 2012
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A certain document was leaked recently on the internet which appears to be the specifications sheet of that HTC Vigor. However, the specifications sheet about this smartphone is named as Droid Incredible HD as a result of HTC. It states in the document that the smart phone is planned to launch to all channels by Verizon Cellular on October 13. It also contains information regarding what the new smartphone provides its users which closely resemble the one for HTC Vigor.
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Posted by admin on March 6, 2012
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When assessing Traumah’s percussion to mine I realized that each drum example was built to load… Read More
Posted by admin on February 24, 2012
6, the value of the M1:
2) low-frequency strong, IF thick, warm, rich in the high-frequency harmonics. High-frequency performance, but the overall balance, play symphonies good.
7, M1 performance is generally the place:
1) high-frequency rough, but extended than 888 good many;
2) the sound field is not very neat, worse than AKG501, but many, many better than the 888;
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1) cost is a compromise, HIFI is really a text of the price of a text goods, but the difference between price and sound quality is not into proportion. Plus signal line to improve the system, this difference for the hearing is not sensitive to people even listen out; is a compromise, we will not
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Posted by admin on February 20, 2012
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Posted by admin on February 17, 2012
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