Demarini, Easton and TPX Baseball Bats
Page rendered in 0.1945 seconds
52 querie(s) executed
Baseball Primer Newsblog
— The Best News Links from the Baseball Newsstand
Wednesday, November 28, 2012
In 2008, DeCinces was told by a close friend and official at Advanced Medical Optics Inc. that Abbott Laboratories planned to pay $21 to $23 a share for the company’s stock, prosecutors said. At the time, Advanced Medical Optics was trading for about $8 a share.
DeCinces began buying Advance Medical stock based on that information and passed along the takeover details to three friends because he wanted to make up for previous investment recommendations that had gone bad, prosecutors said.
When Abbott’s offer was made public, DeCinces sold his newly purchased shares and profited about $1.3 million, court documents show. Abbott acquired Advanced Medical Optics in January 2009.
DeCinces’ three friends each bought and sold Advanced Medical stock and made anywhere from $140,000 to nearly $350,000, authorities said.
You must be logged in to view your Bookmarks.
Newsblog: Diamondbacks To Sign Oliver Perez
(2 - 6:19pm, Mar 08)
Last: Jim Wisinski
Newsblog: OTP - March 2014: Russia denies calling shots in Ukraine’s Crimea standoff
(565 - 6:17pm, Mar 08)
Newsblog: Brad Penny released by Royals after punching wall
(21 - 6:13pm, Mar 08)
Newsblog: Moore: George Foster doesn't regret giving away Fisk homer ball
(8 - 6:10pm, Mar 08)
Newsblog: Blue Jays To Sign Ervin Santana
(39 - 6:08pm, Mar 08)
Last: Matthew E
Newsblog: Weiner: It’s Jim Bouton’s 75th Birthday and Sports Journalism Owes Him A Debt of Gratitude
(12 - 6:07pm, Mar 08)
Last: Jolly Old St. Nick Still Gags in October
Newsblog: Red Sox field substandard spring lineup versus Marlins - Sun Sentinel
(45 - 5:49pm, Mar 08)
Newsblog: Posnanski: Gary Nolan Surgery
(32 - 5:19pm, Mar 08)
Last: Bug Selig
Newsblog: OT: NBA Monthly Thread - March 2014
(185 - 5:14pm, Mar 08)
Newsblog: Phillies' deficiencies take center stage
(13 - 5:13pm, Mar 08)
Newsblog: Cardinals hof fan vote.
(22 - 5:10pm, Mar 08)
Newsblog: Lee: Initial B.J. Upton swing observations
(4 - 5:08pm, Mar 08)
Last: Rickey! is not the Yellow King
Hall of Merit: Most Meritorious Player: 1951 Results
(11 - 4:30pm, Mar 08)
Newsblog: OT: The Soccer Thread March, 2014
(88 - 3:03pm, Mar 08)
Last: CWS Keith plans to boo your show at the Apollo
Newsblog: LHP Joe Saunders and Rangers finalize one-year contract
(1 - 2:34pm, Mar 08)
Last: Los Angeles El Hombre of Anaheim