Sailing-Winds of change for America's Cup in Bermuda Triangle
HAMILTON, Bermuda, June 24 Mystery surrounds what next for the America's Cup if New Zealand win sailing's most prestigious prize in Bermuda next week.
NEW YORK Nov 13 Hedge fund TPG-Axon, which is agitating for changes at SandRidge Energy Inc, said on Tuesday that it controls a 6.2 percent stake in the oil and gas company.
TPG-Axon said it owns 23 million shares -- about 4.7 percent of SandRidge's outstanding shares -- and controls another 7.5 million through derivative transactions.
Last week, the fund called for SandRidge to consider selling itself and for Chief Executive Tom Ward to step down, saying management's strategy has been "incoherent, unpredictable and volatile." At that point, it said it owned more than 4.5 percent of SandRidge.
June 23 The U.S. Marine Corps said on Friday it resumed flight operations for Lockheed Martin Corp's F-35B fighter jets after temporarily suspended operations a day ago because of software problems.