Saturday, 23 May 2015
Last updated 13 hours ago
Aug 20 2008 | 1:38pm ET
Elliott Associates has made its intentions clear regarding Epicor Software Corp.
The New York hedge fund disclosed a 5.9% stake in the Irvine, Calif.-based company this week, making it Epicor’s third-largest shareholder. In the filing, Elliott said it “made inquiries of the issuer as to whether they have considered exploring strategic alternatives.”
The hedge fund did not enumerate what alternatives it had in mind, but said it might continue discussions with Epicor or initiate them with other shareholders and third parties.
Epicor recently announced that second-quarter earnings fell by almost 80%. In April, the fund’s shares fell almost 30% after weak first-quarter earnings were announced.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…