Lake Oswego News & Views

Updated 5 months ago   More news & views
Greenbrier-Icahn saga could go many ways External-link
Nobody knows exactly where the Carl Icahn-Greenbrier saga will end up, but the possibilities are endless. The fast-moving story took another dramatic twist Wednesday, when Icahn-owned American Railcar Industries (NASDAQ:ARII) increased by 10 percent an offer to buy the Lake Oswego railcar company. Icahn had previou...
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Greenbrier rejects Carl Icahn's acquisition offer External-link
The Greenbrier Companies on Wednesday said that Carl Icahn's $543 million acquisition offer "grossly undervalues" the company, but that it remains open to negotiating a deal. After building up a nearly 10 percent stake in the Lake Oswego-based maker of railcars and barges (NYSE: GBX), Icahn offered to buy...
CytoDyn names ex-Nautilus exec as CFO External-link
CytoDyn Inc. has hired a new chief financial officer and named new board members, including one with ties to the Nobel Prize. CytoDyn (OTC QB: CYDY), a biotech company that recently relocated to Lake Oswego, named Michael Mulholland as its new CFO. Mulholland started the job on Dec. 13. The company also named new ...
Carl Icahn offers $543M to buy Greenbrier External-link
Carl Icahn is making a second run at the Greenbrier Companies, offering $20 a share to buy the Lake Oswego-based make of rail cars and barges. The offer represents a 5.4 percent premium to Greenbrier's Monday stock price. Greenbrier's stock is up 5.7 percent to about $20 in midday trading. The activist investor ha...
T5 Corp. Negotiating Multiple Contracts in the Middle East External-link
LAKE OSWEGO, Ore.--(BUSINESS WIRE)--T5 Corp. Negotiating Multiple Contracts in the Middle East
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2 Biotech Firms With Significant Upside In The Wake Of Recent Developments External-link
By Matt Schilling:The biotech sector revolves around two things, FDA decisions and EPS announcements. In this article, I want to focus on two companies within the sector that have not only demonstrated strong earnings but due to recent developments, should be considered from a long-term perspective. Galena Biopharma...
Kassab Jewelers doubles in downtown External-link
Kassab Jewelers has doubled its downtown store to accommodate its growing business. The 2,500-square-foot showroom, 529 S.W. Broadway St., makes its debut Dec. 7. Locally-owned Kassab operates two additional stores, at Washington Square and in Lake Oswego.
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Regional stocks: Galena jumps on Teva deal External-link
Stocks continued to trend lower as investors remain focused on negotiations to avoid a jump off the fiscal cliff. The Dow Jones Industrial Average closed down 13.82 points to 12,951, the NASDAQ closed down 5.51 points to 2,996 and the S&P 500 closed down 2.41 points to 1,407. The Davidson 99, which measures st...
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