According to The Wall Street Journal, Sun Micro (SUNW) today is announcing a blade machine along with 2 other new systems, the latest signs of Sun's determination to play a bigger role in selling the popular style of servers that evolved from the PC industry.
The NY Times reports that Hall Financial said that it had amassed 7.63m RadioShack (RSH) shares, worth nearly $134m, or 5.64% stake . Craig Hall, the founder and CEO of Hall Financial, said that his firm intended to "actively review and monitor RadioShack’s financial and strategic direction." It could buy more shares or seek representation on RadioShack’s board of directors, he said.
Barron's Online reports that 7 insiders at Kohl's (KSS) sold more than 3.75m shares for roughly $217m over the past 90 days. Michael Painchaud, managing director of research of Market Profile Theorems, says, "Insiders are using opportunities created by a very optimistic analyst community and a very optimistic trader community to distribute some stock and in an unusually robust fashion relative to history."
The NY Post reports that Take-Two (TTWO) continues to suffer widespread employee defections at its key Rockstar design studio, as at least 10 execs have departed recently.