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Bullish on FOR ...
FOR
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+181.11%
in
262 days
Forestar Group, Inc. engages in the real estate and natural resources businesses in the United States. The company operates through two segments, Real estate and Natural resources. The Real Estate segment secures entitlements and develops infrastructure on its lands primarily for single-family residential and mixed-use communities in an area around Atlanta, Georgia, and Texas. It also sells land for commercial uses to national retailers and local commercial developers. The Natural Resources segment manages oil and gas mineral interests; sells wood fiber from its land primarily located in Ge...
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From the Blogosphere
Wages Contract in US, UK, Japan
Inquiring minds are investigating trends in wages, disposable income, and ability to service debt.
Japan’s Wages Fall at Fastest Pace Since 2002 on Output Slump
<>Japan’s wages dropped at the steepest pace in more than six years in March as manufacturers slashed overtime pay to cope with a collapse in exports. Monthly wages, including overtime and bonuses, dropped 3.7 percent from a year earlier, the most since July 2002, the Labor Ministry said today in Tokyo.
Overtime payments slid an unprecedented 20.8 percent as manufacturers cut extra working hours by a record 49.5 percent, the report s...
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Another Week Gone
You know it's been a tough time for the market when only a smaller loss in comparison to the prior two weeks is considered a good thing.
<>For the 4-day week the S&P 500 declined -2.14%, Dow -2.46%, Nasdaq -3.40%, and the Russell 2000 -4.73%.
To win this week you either had to be long and strong gold (see DGP, UGL, GDX, GLD) or be "ultra" short (EFU, SDD, SJH, TWM, FXP). No doubt, today's big spike in oil (USO) will be talked about quite a bit over the weekend not to mention another reversal in tech and financials..
<>Beyond my screens, some of this week's big upside movers were <>Satyam (<>SA...
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After-Hours Movers 1/22: FOR, EZPW, SCSC, SYNA, CBST Higher; CRBC, WFR, TNL, MSCC, COF Lower
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Forestar Group Inc. (NYSE: FOR) INDICATED 33% HIGHER; said it had received an unsolicited letter from Holland M. Ware in which he stated that he is prepared to make a cash tender offer for any and all shares at $15 per share, under certain conditions, including support of the Board of Directors for the tender offer and mutual agreement on related matters such as board representation and waiver of the Company's Rights Agreement. The company's Board of Directors will consider the letter in accordance with its fiduciary responsibilities to all shareholders and respond as appropriate in due cou...
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Notable Mergers and Acquisitions of the Day 1/23: PFE/WYE, FOR, VRSN
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<> According to the Wall Street Journal, Pfizer (NYSE: PFE) is in talks to acquire Wyeth (NYSE: WYE) in a deal that could be valued at more than $60 billion.
<>Forestar Group Inc. (NYSE: FOR) received an unsolicited letter from Holland M. Ware in which he stated that he is prepared to make a cash tender offer for any and all shares at $15 per share, under certain conditions, including support of the Board of Directors for the tender offer and mutual agreement on related matters such as board representation and waiver of the Company’s Rights Agreement.The company’s Board of Directors...
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Unusual 11 Mid-Day Movers 1/23: GERN, FOR, TPX, STEM Higher; TNL, CRBC, UCBH, MSCC Lower
Geron Corporation (Nasdaq: GERN) 52.2% HIGHER; announced today that the U.S. FDA has granted clearance of the company's Investigational New Drug application for the clinical trial of GRNOPC1 in patients with acute spinal cord injury. Click here for the full report.
Forestar Group Inc. (NYSE: FOR) 34.9% HIGHER; said it had received an unsolicited letter from Holland M. Ware in which he stated that he is prepared to make a cash tender offer for any and all shares at $15 per share, under certain conditions, including support of the Board of Directors for the tender offer and
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About FORESTAR REAL ESTATE GROUP INC
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