Crocs announces Blackstone deal and CROX rallies about a week after our options expire, and we take it personally.
It has been a while since I’ve given an update on the Underdisclosed.com Fund, the little fund that could. Since inception in February, it is up over 40%, with the original capital up over 89%, as of this writing. [more]
There’s a lot of end-of-year activity at Emulex as it announces plans to ax 10% of its employees in a workforce reduction and tries to find its way back to financial and shareholder relations health.
Earlier this week, Emulex announced that it was going to implement a restructuring. The Emulex workforce reduction of 10% is part of the plan. It would also include consolidation of certain engineering activities and closure of its Bolton, Massachusetts facility. The Company said it expects to incur up to $10 million of restructuring charges. [more]
Strong IPO activity as we head out of 2013 (it works both ways).
In the last two days, there have been three big IPO happenings. Let’s take a brief look: [more]
Clinton Group ups the ante and helping out Overland Storage where they can.
Underdisclosed.com favorite Clinton Group, Inc. was a major shareholder in Overland Storage, a maker of data storage products. [more]
As we have stated many times, the future is mobile. Facebook is showing its commitment to shoring up what had been a huge weakness. [more]