With his riveting campaign against global auction house Sotheby (NYSE:BID) on a crescendo, billionaire hedge fund manager Dan Loeb got the support of a heavy-hitter in the proxy-battle arena: Institutional Shareholder Services (ISS). Sothebys (NYSE:BID) shares after opening at $42.04 moved to $43.00 on last trade day and at the end of the day closed at $42.74. Company price to sales ratio in past twelve months was calculated as 3.46 and price to cash ratio as 4.10. Sothebys (NYSE:BID) showed a positive weekly performance of 6.80%.
Knightsbridge Tankers Limited (NASDAQ:VLCCF) and Frontline 2012 Ltd. yesterady announced that they have agreed to combine Frontline 2012’s remaining fleet of 25 fuel efficient vessels with Knightsbridge. Knightsbridge Tankers Limited (NASDAQ:VLCCF) shares advanced 5.42% in last trading session and ended the day on $13.22. VLCCF return on equity ratio is recorded as -1.40% and its return on assets is -1.00%. Knightsbridge Tankers Limited (NASDAQ:VLCCF) yearly performance is 111.52%.
YOU On Demand Holdings, Inc. (NASDAQ:YOD) a leading multi-platform entertainment and Video On Demand company in China, on 4 April announced the expansion of its cooperation to offer feature films from global film and television studio, Miramax, via YOU On Demand’s mobile service. You On Demand Holdings, Inc. (NASDAQ:YOD) shares moved up 5.77% in last trading session and was closed at $3.30, while trading in range of $3.01 – $3.53. You On Demand Holdings, Inc. (NASDAQ:YOD) year to date (YTD) performance is 46.02%.
Bob Evans Farms Inc. (NASDAQ:BOBE) shareholder Sandell Asset Management Corp. is seeking to replace eight of 10 directors on the restaurant chain’s board, ratcheting up its campaign for a corporate overhaul. Bob Evans Farms Inc. (NASDAQ:BOBE) weekly performance is 8.46%. On last trading day company shares ended up $47.29. Bob Evans Farms Inc. (NASDAQ:BOBE) distance from 50-day simple moving average (SMA50) is -3.31%. Analysts mean target price for the company is $52.42.