Daily Archives: November 1, 2017

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IDT to Spin Off Biotech Unit

NEWARK, N.J., Nov. 1, 2017 /PRNewswire/ — IDT Corporation (NYSE: IDT) today announced that its wholly-owned subsidiary, Rafael Holdings, Inc. (Rafael), has filed a Form 10 Registration Statement with the Securities and Exchange Commission related to the planned spin-off of Rafael to IDT stockholders. Rafael will own certain commercial real estate assets and interests in clinical and early…

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VIEX Ups Stake in Babcock & Wilcox

My interpretation: Management better fix things up and fix them up quickly or look for employment elsewhere.. The following constitutes the Amendment No.1 to the Schedule 13D filed by the undersigned (the “Amendment No. 1”). This Amendment No. 1 amend the Schedule 13D as specifically set forth herein. Item 3. Source and Amount of Funds…