Sandell Asset Management Corp. (“Sandell”), a significant stockholder of JDS Uniphase Corporation (NASDAQ:JDSU), issued the following response to commentary contained in the Company’s DEFA14A supplement to its Proxy Statement filed on December 1: “We believe that JDSU’s purported attempt to “clarify” certain “key facts” in the December 1 supplement to its Proxy Statement is misleading and smacks of desperation. Stockholders should not be misled by the Company’s apparent efforts to obfuscate and confuse. What is undisputed, and what the Company conveniently fails to address, is that JDSU provided notice of its Annual Meeting after the close of trading on October 6, exactly 60 days prior to the December 5 Annual Meeting date, when notice of Director nominations were due not less than 60 days prior to the date of the Annual Meeting, which rendered it effectively impossible for stockholders to nominate Directors in a timely manner. JDS Uniphase Corporation (NASDAQ:JDSU) belongs to Technology sector. Its net profit margin is -1.60% and weekly performance is -4.32%. On last trading day company shares ended up $12.86. JDS Uniphase Corporation (NASDAQ:JDSU) distance from 50-day simple moving average (SMA50) is 0.09%.
Eldorado Gold Corp (NYSE:EGO) has earned a consensus rating of “Hold” from the eleven analysts that are covering the stock, AnalystRatings.NET reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and three have assigned a buy recommendation to the company. Eldorado Gold Corporation (NYSE:EGO) shares fell -2.18% in last trading session and ended the day at $6.74. EGO Gross Margin is 35.80% and its return on assets is -8.20%. Eldorado Gold Corporation (NYSE:EGO) quarterly performance is -14.79%.
On Nov. 24, Steve Voorhees, chief executive officer of Rock-Tenn Company (NYSE:RKT), said they will speak to the investment community at 10:15 a.m., ET on Thursday, Dec. 11, 2014, at Bank of America Merrill Lynch’s US Basic Materials Conference in Boston. On 02 December, Rock-Tenn Company (NYSE:RKT) shares advanced 1.92% and was closed at $57.35. RKT EPS growth in last 5 year was 2.90%. Rock-Tenn Company (NYSE:RKT) year to date (YTD) performance is 10.78%.
Dominion Resources Black Warrior Trust (NYSE:DOM) begin trading ex-dividend on November 26, 2014. A cash dividend payment of $0.180647 per share is scheduled to be paid on December 09, 2014. Dominion Resources Black Warrior Trust (NYSE:DOM) ended the last trading day at $7.26. Company weekly volatility is calculated as 3.31% and price to cash ratio as 285.14. Dominion Resources Black Warrior Trust (NYSE:DOM) showed a weekly performance of -0.76%.
Verastem, Inc. (NASDAQ:VSTM) focused on discovering and developing drugs to treat cancer by the targeted killing of cancer stem cells, today announced scheduled oral and poster presentations at the 2014 American Society of Hematology (ASH) Annual Meeting and Exposition taking place December 6 – 9, 2014, in San Francisco. Verastem, Inc. (NASDAQ:VSTM) shares advanced 3.52% in last trading session and ended the day at $9.40. VSTM return on assets is -45.50%. Verastem, Inc. (NASDAQ:VSTM) quarterly performance is 8.29%.