11 June 2007substantial holder notice● Neutral
BARCLAYS GLOBAL INVESTORS, NA. and 1 other reported no remaining CGG HOLDING (U.S.) INC. shareholding in its periodic institutional filing.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
30 Jan 2007listing compliance notice● NeutralMajor
CGG HOLDING (U.S.) INC.'s exchange filed to remove a class of its securities from listing.
23 Jan 2007substantial holder notice● Neutral
BARCLAYS GLOBAL INVESTORS, NA. and 1 other disclosed a new substantial CGG HOLDING (U.S.) INC. shareholding (3.00% of votes).
17 Jan 2007director interest notice● Neutral
CGG HOLDING (U.S.) INC. director Yoram Shoham disposed of 16,000 shares via option/appreciation-right settlement.
17 Jan 2007director interest notice● Neutral
CGG HOLDING (U.S.) INC. VP, Gen. Counsel & Secretary Larry L Worden disposed of 24,177 shares via option/appreciation-right settlement.
17 Jan 2007director interest notice● Neutral
CGG HOLDING (U.S.) INC. director James R Gibbs disposed of 39,250 shares via option/appreciation-right settlement.
17 Jan 2007director interest notice● Neutral
CGG HOLDING (U.S.) INC. Executive VP, CFO & Treasurer Mark E Baldwin disposed of 36,243 shares via option/appreciation-right settlement.
17 Jan 2007director interest notice● Neutral
CGG HOLDING (U.S.) INC. Chairman and CEO Thierry Pilenko disposed of 176,346 shares via option/appreciation-right settlement.
17 Jan 2007director interest notice● Neutral
CGG HOLDING (U.S.) INC. director Terence K Young disposed of 16,000 shares via option/appreciation-right settlement.
17 Jan 2007director interest notice● Neutral
CGG HOLDING (U.S.) INC. director Clayton P Cormier disposed of 18,004 shares via option/appreciation-right settlement.
17 Jan 2007director interest notice● Neutral
CGG HOLDING (U.S.) INC. director David F Work disposed of 16,000 shares via option/appreciation-right settlement.
17 Jan 2007director interest notice● Neutral
CGG HOLDING (U.S.) INC. director Jan A Rask disposed of 37,500 shares via option/appreciation-right settlement.
17 Jan 2007director interest notice● Neutral
CGG HOLDING (U.S.) INC. President and COO Timothy L Wells disposed of 54,309 shares via option/appreciation-right settlement.
17 Jan 2007director interest notice● Neutral
CGG HOLDING (U.S.) INC. director Loren K Carroll disposed of 21,000 shares via option/appreciation-right settlement.
17 Jan 2007director interest notice● Neutral
CGG HOLDING (U.S.) INC. VP and Corporate Controller Dennis S Baldwin disposed of 11,583 shares via option/appreciation-right settlement.
12 Jan 2007listing compliance notice▼ BadMajor
CGG HOLDING (U.S.) INC. terminated the registration of a class of securities, ending its reporting obligation for them.
11 Jan 2007director interest notice● Neutral
CGG HOLDING (U.S.) INC. President and COO Timothy L Wells exercised stock options for 33,980 shares and disposed of 33,980 shares.
11 Jan 2007capital raising announcement● Neutral
In the weeks before the CGG deal closed, holders of $130.5 million of Veritas's convertible notes converted them into cash and stock at the notes' fixed $24.03 conversion price, cashing in ahead of the merger's completion.
11 Jan 2007director interest notice● Neutral
CGG HOLDING (U.S.) INC. V.P., Gen. Counsel & Secretary Larry L Worden exercised stock options for 16,732 shares and disposed of 16,732 shares.
20 Nov 2006business combination▲ Good
The US government's CFIUS panel completed its national-security review of the pending CGG acquisition, clearing one of the deal's key remaining regulatory hurdles.
5 Sept 2006business combination▲ GoodMajor
France's Compagnie Générale de Géophysique (CGG) agreed to acquire Veritas DGC for about $1.5 billion, split roughly 51% CGG stock and 49% cash - Veritas shareholders could choose $75.00 cash or 2.2501 CGG American Depositary Shares per share - pending shareholder and regulatory approval; Veritas also amended its poison pill so the deal itself wouldn't trigger it.
23 Aug 2006director interest notice● Neutral
CGG HOLDING (U.S.) INC. Exec. VP, CFO & Treasurer Mark E Baldwin had 1,102 shares withheld for taxes on vesting stock.
23 Aug 2006director interest notice● Neutral
CGG HOLDING (U.S.) INC. VP, Corporate Controller Dennis S Baldwin had 220 shares withheld for taxes on vesting stock.
28 Mar 2006material agreement● Neutral
Veritas raised executive base salaries again, including CEO Pilenko's to $515,000, continuing the annual pay increases begun the prior year.
13 Feb 2006substantial holder notice● Neutral
Ziff Asset Management, L.P., PBK Holdings, Inc., Philip B. Korsant reported a CGG HOLDING (U.S.) INC. shareholding of 600,273 shares (1.70% of votes) in a periodic institutional filing.
9 Feb 2006material agreement▲ GoodMajor
Veritas signed a new five-year, $85 million revolving credit facility spanning the US, Canada, Singapore and the UK, led by Wells Fargo and secured by its receivables, subsidiary stock and its US seismic land-data library.
6 Feb 2006director interest notice● Neutral
CGG HOLDING (U.S.) INC. President & COO Timothy L Wells had 604 shares withheld for taxes on vesting stock.
6 Feb 2006substantial holder notice● Neutral
Goldman Sachs Asset Management, L.P. reported a CGG HOLDING (U.S.) INC. shareholding of 3,183,585 shares (9.10% of votes) in a periodic institutional filing.
27 Jan 2006substantial holder notice● Neutral
BARCLAYS GLOBAL INVESTORS, NA. and 1 other disclosed a new substantial CGG HOLDING (U.S.) INC. shareholding (2.77% of votes).
18 Jan 2006business combination● Neutral
Veritas accelerated the buyout of the last minority shares in its Canadian subsidiary Veritas Energy Services - stock originally issued to outside holders in Veritas's 1996 combination with that business and its 1999 purchase of Enertec Resource Services - and will own it outright once the redemption closes in May 2006.