Aeropostale, Inc. (NYSE:ARO) announced on December 01, 2010 that, effective immediately, Thomas P. Johnson, Co-Chief Executive Officer, has been named Chief Executive Officer. Mr. Johnson will also continue to serve as a member of the Company’s Board of Directors. Mindy C. Meads will be departing from the Company to pursue other interests, ending her tenure as an officer and a director of the Company. She will stay for a short period to ensure a smooth transition.Julian R. Geiger, Chairman, said, “On behalf of the Board of Directors, we are all very excited about the appointment of Tom as Chief Executive Officer. Tom is an amazing leader, an exceptional business strategist, and a tireless proponent of our brand, our customer and our special culture.”
Aeropostale, Inc. operates as a mall-based specialty retailer of casual apparel and accessories. It designs, markets, and sells merchandise principally targeting 14 to 17 year-old young women and men. The company offers a collection of apparel, including graphic t-shirts, tops, bottoms, sweaters, jeans, and outerwear, as well as accessories, including sunglasses, belts, socks, and hats.
Ellington Financial LLC Common (NYSE:EFC) announced on December 07, 2010 that its estimated book value per common share as of November 30, 2010, was $25.10, or $24.53 on a diluted basis. These estimates are subject to change upon completion of the Company’s month-end valuation procedures relating to its investment positions, and any such change could be material. For month-end reports of its estimated book value per common share, the Company’s valuation procedures are generally less comprehensive than the valuation procedures employed for the Company’s quarterly and year-end financial statements, as the Company does not necessarily solicit third party valuations on substantially all of its assets, nor do the Company’s registered independent public accountants generally perform the types of reviews or audits that they do for the Company’s quarterly or annual financial statements.
It is possible that, if the Company were to undertake a more comprehensive valuation analysis and/or obtain a review or audit from its accountants for its month-end report, it could determine that its book value per common share as of November 30, 2010 differs materially from the estimate set forth above.
There can be no assurance that the Company’s estimated book value per common share as of November 30, 2010 is indicative of what the Company’s results are likely to be for the three month period ending December 31, 2010 or in future periods.
Ellington Financial LLC based in United States.
Statoil ASA (NYSE:STO) on December 02, 2010, awarded interests in four new licences offshore Canada. The new acreage underlines the company’s ambitions in the area.The licences include a Significant Discovery Licence (SDL) and three Exploration Licences (ELs) off the coast of Newfoundland, awarded through a land sale issue by the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB).”We are very pleased to learn that we have been successful in acquiring new licences offshore Newfoundland,” says Tim Dodson, senior vice president of Statoil’s global exploration entity.
Statoil ASA engages in the exploration, production, transportation, refining, and marketing of petroleum and petroleum-derived products. The company involves in the exploration, development, and production of crude oil and natural gas in Norway and internationally, as well as extraction of natural gas liquids. It also transports and markets natural gas and natural gas products; and operates 2,000 full-service stations in Scandinavia, Poland, the Baltic States, and Russia, as well as 300 automated truck stops.
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