Today is the first time I've been brave enough to look in a couple weeks. I'll just keep holding, and keep only looking now-and-then. I'll take the big ups and the big dips, too.
Ocwen provided a copy of its indemnification agreement in the SEC filing, and the language may provide some indications as to Ocwen’s motivation in offering the indemnification agreements.
According to the SEC filing, “directors, officers and other persons in service to corporations or business enterprises are being increasingly subjected to expensive and time-consuming litigation relating to, among other things, matters that traditionally would have been brought only against the company or business enterprise itself.”
Because of that, “highly competent persons have become more reluctant to serve and to continue to serve corporations as directors, officers and in other capacities,” unless they are provided with “adequate indemnification and adequate protection through insurance against inordinate risks of claims and actions against them.”
Ocwen notes that its board determined that the “increased difficulty in attracting and retaining such persons is detrimental to the best interests of the company’s shareholders,” adding that the company “should act to assure such persons that there will be increased certainty of such protection” moving forward.
“It is reasonable, prudent and necessary for the company contractually to obligate itself to indemnify, and to advance expenses on behalf of, such persons to the fullest extent permitted by applicable law so that they will serve or continue to serve the company free from undue concern that they will not be so indemnified,” Ocwen’s indemnification agreement states.
Top 10 US Imports from China
China's exports to America amounted to
$486.3 billion or 20.2% of its overall imports.
1. Electronic equipment: $129.8 billion
2. Machines, engines, pumps: $108.1 billion
3. Furniture, lighting, signs: $28 billion
4. Toys, games: $23.7 billion
5. Footwear: $17.8 billion
6. Knit or crochet clothing: $16.7 billion
7. Clothing (not knit or crochet): $14.9 billion
8. Plastics: $14.9 billion
9. Vehicles: $12.2 billion
10. Medical, technical equipment: $10.6 billion
Tue, Mar 17 2015. 12 24 AM IST
Taxi firm in talks with other funds to raise up to $100 million more in next two months as it seeks to compete with younger rivals
New Delhi: Meru Cab Co. Pvt. Ltd, India’s biggest taxi company by revenue, has raised $50 million in fresh capital from existing investor India Value Fund and is in talks with other funds to raise up to $100 million more within the next two months as it seeks to compete with younger rivals in the country’s fast-growing taxi services market.
“We closed the internal round last week and are now talking to some Southeast Asian funds and US-based hedge funds to raise a large round,” said Siddhartha Pahwa, chief executive officer at Mumbai-based Meru Cabs.
The company will use the money to promote its mobile application, add to its customer base and expand its cheaper taxi service, Meru Genie, across India, said Pahwa.
IQ of a peanut. put on ignore
"Piper Jaffray analyst Gene Munster reiterated an Overweight rating on iDreamSky Technology Ltd (ADR) (NASDAQ:DSKY), and reduced the price target to $24 (from $30), as the company preannounced a decline in revenue expectations for 4Q14 and 1Q15."
in my dreams. I'm holding.....
Weinberger and Sons!?!?! That's a restaurant in NYC. Probably more competent stock analysts then Gold Man Sacks.
I just bought more. bought quite a bit today. craig foster mustve called in sick today, and thus wasn't at his keyboard buying for ubnt.
I hunch having the credit line gives them the leeway to buy back more shares. Buy more shares and still have available 'cash'. I bought back in.
But, UBNT only sells via the price of the US dollar, so a higher dollar 'only' means those buying in other currencies will have to pay more.