Tag Archives: seeks
American Airlines Seeks 13,000 Job Cuts
The carrier, operating in bankruptcy court, also said it sought to terminate pension plans and to cut benefits.
NYT > Retirement
Siga Seeks Another Lawsuit Look
By VFC:
SIGA shares were hammered last month when a judge sided with PharmAthene (PIP) in regards to a failed merger years back. Although rebounding slightly to over three dollars, there’s been no real move on the stock front, but Siga the company is moving forward to have the judge’s decision overturned.
A Bloomberg report last week noted that Siga is asking the Delaware judge to reconsider his verdict that awarded PharmAthene a 50/50 share of future ST-246 profits.
“There is no legal justification for the court to speculate concerning the terms on which the parties might have agreed in the ultimate negotiation,” stated Siga attorney Andre Bouchard in his motion.
With a share price still hovering just a dime or two above three bucks, the market doesn’t seem to give the immediate reversal much credence. Asking a judge to say, “I really didn’t mean what I said,” but it’s likely that
