Skystar's conference call will begin promptly at 7:45 a.m. EDT to review second quarter fiscal 2014 financial and operational performance. Mr. Weibing Lu, Skystar's Chairman and Chief Executive Officer, will host the call, which will be webcast live. Webcast will be made available on the investor relations section of the Skystar corporate website at http://www.investorcalendar.com/IC/CEPage.asp?ID=173097 . Phone dial-in to the conference call will be available in North America by dialing +1 (877) 407-8031 or internationally by dialing +1 (201) 689-8031. An audio replay of the conference call will be available approximately two hours following the conclusion of the call and for the following 30 day period.
For the original version including any supplementary images or video, visit http://finance.yahoo.com/news/skystar-bio-pharmaceutical-reports-second-225834258.html
Jailed Indian tycoon gets more time to sell luxury hotels - Yahoo News
Ganesh told the judge it now appeared Roy would get nearly 50 percent more money than he anticipated for the hotels, which the businessman bought to build a luxury accommodation portfolio. - Secretaries and video calls from prison - The court earlier had cited a value of $1.66 billion for the properties. The clock starts ticking on Roy's 15-day extension next Tuesday. Ganesh said he could not "disclose more details about the transaction for fear the sale can be sabotaged". Roy's privately held empire, which claims to be India's largest private employer with 1.1 million workers, has long been shrouded in secrecy. Indian pharmaceutical billionaire Cyrus Poonawalla is interested in Grosvenor House while US-based investment group Madison Capital is eyeing the US properties, Indian media reports say. Sahara was also working out a possible 50-billion-rupee loan against its luxury Aamby Valley township project in western India to meet financial obligations, the lawyer said.
For the original version including any supplementary images or video, visit http://news.yahoo.com/jailed-indian-tycoon-gets-more-time-sell-luxury-175003732.html
The SEC Is Looking Into Bill Ackman's Big Allergan Deal - Yahoo Finance
It alleges that Ackman and Valeant violated specifically SEC rule 14 e-3 , which has to do with making tender offers for companies based on or while knowing material non-public information. SEC will be looking into the same issue, but the investigation which is civil is at an early stage and may not lead to enforcement action. Valeant and Ackman announced that they would team up in a "friendly merger" attempt between Valeant and Allergan on April 22nd of this year. At that point, Pershing Square, Ackman's hedge fund, had purchased just under 10% of Allergan 's stock and held it in an LLC called PS Fund 1. PS Fund 1 had completed its purchase of Allergan stock on April 21st, according to Allergen's lawsuit.
For the original version including any supplementary images or video, visit http://finance.yahoo.com/news/sec-looking-bill-ackmans-big-173847286.html