USA Truck spurned the bid on Sept. 26, saying it substantially undervalues the company. We continue to believe that a combination of Knight and USA Truck is better positioned to deliver value for and is in the best interest of all of Knight and USA Trucks stakeholders, and we are prepared to take the necessary steps to make this combination a reality, Knight said today. Knight made public its offer to buy the Van Buren, Arkansas-based company in a $242 million transaction on Sept. 26, sending USA Truck shares soaring 36 percent, the biggest advance since its initial public offering in 1992. The combination would help allay risk in the short-haul carriers turnaround plan and help reverse eight consecutive quarters of net losses, said Knight, which is based in Phoenix. USA Truck rose 4.3 percent to $8.96 at the close in New York . The shares have more than doubled this year. Knight was little changed at $16.52 and has increased 13 percent this year. Thursdays press release is our comment, USA Truck Chief Financial Officer Clifton Beckham said today by phone, referring to the companys Sept. 26 rebuff of the offer. Nicholas Leasure, a spokesman for Knight, declined to comment beyond the filing. This is not the first offer that USA Truck has turned down. The company rejected a proposal for merger talks from Celadon Group Inc.
statement. The last expulsion of U.S. diplomats took place in March, on the day that Maduro later announced Chavez’s death. Since then, various accusations have been made against U.S. citizens and officials, hit by various charges of spying and plotting to kill Maduro. The behavior has followed a pattern in recent weeks. Maduro skipped the U.N. General Assembly last week citing “provocations that could threaten (his) life” and saying that he had evidence that at least two former U.S. officials, under President George W. Bush, were masterminding the plots against him. No evidence was produced. On his way to China in recent weeks, a row erupted in which Maduro accused the U.S.
USA Boxing swings at Mike Tyson
[+] Enlarge AP/Richard Shotwell/Invision USA Boxing sent an open letter to Mike Tyson, asking him to wait until after the 2016 Rio Games to sign the country’s top amateur fighters. Dr. Charles Butler said in the letter that recently formed Iron Mike Productions has been offering money to the best amateur fighters to turn pro, in particular an 18-year-old who some in amateur boxing believe to be the country’s best hope for a gold medal at the Rio Games. He says the money being offered is “pennies on the dollar” of what the prospects could be worth with an Olympic medal. “Mike, USA Boxing does not have the funds to compete with your offers,” the letter said. “If you have money and would like to assist these young athletes and the sport, you should donate for athlete stipends to support the training of these boxers and help your country regain its prominence on the medal stand. Please do not take them from us. If they win a medal for their country, you can always sign them to professional contracts at that time.” Tyson did not immediately return a phone call, and publicist Joann Mignano said he would not be commenting. Mignano confirmed, though, that Iron Mike Promotions signed Florida fighter Erickson Lubin on Tuesday, his 18th birthday. Lubin is a two-time Junior Olympic national champion and won the 152-pound division at the National Golden Gloves this year. In his USA Boxing bio, he said his goals were to win a gold medal at the Olympics, turn pro and win every title possible. “We want to be competitive and we want to increase our overall performance in the Olympic Games,” said USA Boxing executive director Anthony Bartkowski.
Alon USA Announces Third Quarter 2013 Earnings Release and Conference Call Schedule
Markets closed Alon USA Announces Third Quarter 2013 Earnings Release and Conference Call Schedule Press Release: Alon USA Energy, Inc. 3 hours ago 10.26 +0.0700 DALLAS, Oct. 2, 2013 /PRNewswire/ — Alon USA Energy, Inc. ( ALJ ) (“Alon”) today announced that it plans to release its third quarter 2013 financial results on Thursday, November 7, 2013 after the market closes. In conjunction with the release, Alon has scheduled a conference call, which will be broadcast live over the Internet on Friday, November 8, 2013 at 11:30 a.m. Eastern Time (10:30 a.m. Central Time). What: Alon USA Energy, Inc. Third Quarter 2013 Earnings Conference Call When: Friday, November 8, 2013 11:30 a.m. Eastern Time Where: Live via phone by dialing 1-877-941-9205 or 480-629-9771, for international callers, and asking for the Alon USA Energy call at least 10 minutes prior to the start time. Investors may also listen to the conference live on the Alon corporate website, http://www.alonusa.com , by logging on that site, clicking “Investor Center” and then “Alon USA Energy, Inc.” A telephonic replay of the conference call will be available through November 22, 2013 and may be accessed by calling 1-800-406-7325 or 303-590-3030, for international callers, and using the passcode 4642298#. A web cast archive will also be available at www.alonusa.com shortly after the call and will be accessible for approximately 90 days. For more information, please contact Donna Washburn at Dennard-Lascar Associates at 713-529-6600 or email email@example.com . Alon USA Energy, Inc., headquartered in Dallas, Texas, is an independent refiner and marketer of petroleum products, operating primarily in the South Central, Southwestern and Western regions of the United States. The Company directly owns crude oil refineries in California, Louisiana and Oregon, with an aggregate crude oil throughput capacity of approximately 144,000 barrels per day. Alon USA also owns 100% of the general partner and approximately 82% of the limited partner interests in Alon USA Partners, LP ( ALDW ), which owns a crude oil refinery in Texas with an aggregate crude oil throughput capacity of approximately 70,000 barrels per day. Alon USA is a leading producer of asphalt, which it markets through its asphalt terminals predominately in the Western United States. Alon USA is the largest 7-Eleven licensee in the United States and operates approximately 300 convenience stores in Texas and New Mexico.