Swisher Hygiene Inc. Message Board

Swisher Hygiene Inc. Delays Filing of 2013 First Quarter Report on Form 10-Q
Receives Lack of Compliance Notification From NASDAQ; Plans to File Form 10-Q Later This Week

ERF - Enerplus Corp - Shares in North American independent energy company, Enerplus Corp, are up more than 5.0% on Monday to stand at $15.84 as of 11:45 a.m. ET. The operator of oil and gas properties in Canada and the U.S. was upgraded to 'Outperform' from 'Market Perform' at Raymond James today. Options activity on Enerplus this morning indicates at least one strategist is positioning for shares in the name to rally to the highest level since October of 2012 during the next couple of months. The July $17 strike calls have traded around 1,100 times as of midday in New York versus previously existing open interest of 50 contracts. It looks like most of the volume was purchased at the start of the session for a premium of $0.10 each. The bullish position makes money if shares in Enerplus climb 8.0% to top $17.10 by July expiration. Shares in the energy company have increased 35% during the past six months.

It really does take money to make money. So far, lawyers and other consultants have racked up $701 million in fees as they work to recover the $17.5 billion lost to Bernard Madoff's Ponzi scheme.

That's less than half of the $1.6 billion legal tab associated with the Lehman Brothers' bankruptcy - the largest legal bill in history. But it's a considerable sum that's still growing as efforts to make Madoff investors whole drag on. To date, court-appointed trustee Irving Picard has collected $9.3 billion in cash and assets and repaid $5.4 billion of that to victims.

Penn West Petroleum Ltd. (PWT), the Canadian oil and natural gas producer with the highest dividend yield, had its biggest gain in 17 months after naming former Suncor Energy Inc. (SU) head Rick George as its chairman.

Penn West climbed 5.6 percent to C$10.04 at 11:21 a.m. in Toronto, after earlier rising the most since November 2011. George, 62, ran Canada’s largest energy company until last year and his appointment at Penn West is effective immediately, the Calgary-based company said in a statement yesterday. It also named Allan Markin, Canadian Natural Resources Ltd. (CNQ)’s chairman until last year, vice chairman.

George’s appointment is giving Penn West “credibility with the markets,” Sam La Bell, a Toronto-based analyst at Veritas Investment Research Co., said in a phone interview today. Penn West has begun driving down drilling costs, which may prevent a dividend cut, and “they brought in somebody on the board level who’s known for running a tight ship.”

The appointments come after Penn West director Jack Schanck replaced eight-year chairman John Brussa on May 1. Penn West is the worst performing stock this year among Canadian energy companies with market values more than C$3 billion ($2.97 billion) after Cenovus Energy Inc. (CVE), according to figures compiled by Bloomberg.

High costs at Penn West were boosting debt relative to cash flow and threatening the company’s dividend, La Bell said. Penn West’s dividend yield of 11.4 percent is the highest among the same group of Canadian energy companies. The stock has six buy, 13 hold and four sell recommendations from analysts.

The dividend continues to be an “ongoing strategic discussion with the board,” Penn West Chief Executive Officer Murray Nunns said on a May 2 conference call with analysts. Clayton Paradis, head of investor relations at Penn West, didn

"somebody knows something" - LOL!

last September for $1.82 per. Should have sold the other half as well!!!