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Monday, June 9, 2014

Only woman on Delaware Supreme Court to retire this year, (NASDAQ: ATVI), (NYSE: CTB)

The only woman to serve on Delaware's Supreme Court, Carolyn Berger, announced her plans to retire from the key corporate venue on Sept. 1, according to an email from the justice. Berger's announced departure comes after Governor Jack Markell said on Friday he was appointing Karen Valihura as his nominee to become the second woman on the five-member court.Valihura, if confirmed by Delaware's Senate, will replace Jack Jacobs, who will be leaving later this month.A majority of U.S. companies that have publicly traded stock incorporate in Delaware, which gives the companies access to the state's courts and its law that governs relations between management and shareholders.The Delaware Supreme Court has ruled in the past year that Activision Blizzard Inc could proceed with its $8.2 billion deal with Vivendi SA and that Apollo Tyre Ltd did not have to close its $2.5 billion bid for Cooper Tire & Rubber Co.

Activision, Inc. (Activision Blizzard) is a worldwide publisher of online, personal computer (PC), console, handheld, and mobile interactive entertainment products. Shares of ATVI traded higher by 1.77% or $0.37/share to $21.29. In the past year, the shares have traded as low as $13.27 and as high as $21.50. On average, 6364980 shares of ATVI exchange hands on a given day and today's volume is recorded at 11098707.

Cooper Tire & Rubber Company (Cooper) is a manufacturer and marketer of replacement tires. Shares of CTB fell by 0.44% or $-0.13/share to $29.26. In the past year, the shares have traded as low as $20.55 and as high as $34.79. On average, 986077 shares of CTB exchange hands on a given day and today's volume is recorded at 561737.



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