The daily digest is a new addition to the blog that highlights five of the most noteworthy forms filed with the SEC every day...
Ahold (NYSE:AHO)On Watch for 8K FilingsThe company is reportedly under pressure from hedge funds to break up the company and may be looking at a merger with Delhaize (according to Reuters), although many remain skeptical.
Eagle Materials (NYSE:EXP)
Form 4 Filing by Chairman
Chairman
Laurence Hirsch revealed today that he has purchase 400,000 shares of the company's stock between $34.68 and $35.77 through the week. The stock is trading up over 12% on the news.Imclone Systems Inc. (NDAQ:IMCL)
13D Filing by Carl Icahn and Co. Carl Icahn disclosed a 14% stake in the company and said that he wants Director Kies to leave the Board of Directors. Shareholders recently re-elected Kies as Director while also electing Icahn as a Board member.
Marsh & McLennan Companies, Inc. (NYSE:MMC)
8K Filing Noting Putnam Valuation
Item 8.01 in the company's
latest 8K filing notified investors that it was conducting a valuation
of its subsidiary Putnam, citing several parties that were interested
in a potential merger or acquisition of the division.Palm, Inc. (NDAQ:PALM)
On Watch for 8K Filings
CNBC mentioned today that Palm is higher on takeover rumors. Any substance to these rumors would be found by looking for 8K material events filings or perhaps even insider buying.