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Latest Mfc Industrial Ltd (MIL) Headlines

MFC Acquired F.J. Elsner & Co. GmbH
PR Newswire - Tue Mar 11, 6:30AM CDT
MFC Industrial Ltd. ("MFC" or the "Company") (NYSE: MIL) announced that it acquired 100% interest in the F.J. Elsner & Co. GmbH ("Elsner"), a global commodity company focused on steel and related products which was founded in 1864 with its head office based in Vienna Austria.

NYSE stocks posting largest volume increases
AP - Mon Mar 10, 5:09PM CDT
NEW YORK (AP) — A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:

NYSE stocks posting largest percentage increases
AP - Mon Mar 10, 5:09PM CDT
NEW YORK (AP) — A look at the 10 biggest percentage gainers on New York Stock Exchange at the close of trading:

MFC Industrial Ltd. Announces That Director Robert Ian Rigg Has Passed Away
PR Newswire - Mon Mar 10, 10:57AM CDT
MFC Industrial Ltd. ("MFC" or the "Company") (NYSE: MIL) is saddened to announce the passing of its director, Robert Ian Rigg, on March 8, 2014. The Company expresses its sincerest sympathies to his family.

MFC and Kellogg Group Announce Definitive Agreement
PR Newswire - Fri Feb 07, 7:55PM CST
MFC Industrial Ltd. ("MFC" or the "Company") (NYSE: MIL), IAT Reinsurance Company, Ltd. and Peter Kellogg are pleased to jointly announce that they have entered into a settlement agreement pursuant to which, among other things, all outstanding claims and actions between them will be dismissed and they have agreed to work cooperatively to enhance long term value for all MFC's stakeholders.

MFC Agrees to Acquire the FESIL Group
PR Newswire - Fri Jan 17, 5:30AM CST
MFC Industrial Ltd. ("MFC" or the "Company") (NYSE: MIL) announced that it has entered into an agreement to acquire a 100% interest in the FESIL AS Group ("FESIL"), a vertically integrated supply-chain management company with a production facility in Norway, sales companies in Germany, Luxembourg, Spain, United States, India and China, and an interest in several quartz deposits in Spain. MFC will not acquire FESIL's Mo Industripark AS shares.

Computershare Adds Retirement Eligibility Taxation Functionality For Employee Equity Plan Clients
PR Newswire - Tue Jan 14, 8:00AM CST
Computershare (ASX: CPU), the world's foremost provider of investor and equity plan services, announced today that its US Plan Managers business enhanced its online restricted stock platform to include retirement eligibility taxation functionality for companies who offer employee stock option plans with retirement eligibility provisions.

MFC And Kellogg Group Announce Election Of Directors
PR Newswire - Fri Dec 27, 9:37AM CST
MFC Industrial Ltd. ("MFC" or the "Company") (NYSE: MIL) and IAT Reinsurance Company, Ltd. and Peter Kellogg (the "Kellogg Group") are pleased to mutually announce that the Company withdrew its nominees for election as directors and that, as a result, Peter Kellogg and William Horn were elected unopposed as directors of the Company at its shareholders meeting held on December 27, 2013.

IAT Comments on Supreme Court of British Columbia Decision and Path Forward for MFC Shareholders Seeking Change
Business Wire - Mon Dec 23, 7:00AM CST
Mr. Peter R. Kellogg and IAT Reinsurance Company Ltd. (collectively, "IAT") today commented on the oral decision of his Honour Justice Groves rendered on December 20, 2013 regarding the proceedings in the British Columbia Supreme Court involving Mr. Kellogg, IAT, MFC Industrial Ltd. (NYSE:MIL)("MFC") and Mr. Michael Smith.

British Columbia Supreme Court Grants Injunction Against The Kellogg Group, Prohibiting The Kellogg Group From Trying To Take Control Of The MFC Board At Upcoming Meeting
PR Newswire - Mon Dec 23, 4:30AM CST
MFC Industrial Ltd. ("MFC" or the "Company") (NYSE: MIL) today announced that on December 20, 2013, the British Columbia Supreme Court issued an injunction against Peter Kellogg / IAT Reinsurance Company, Ltd. (the "Kellogg Group") and others prohibiting the Kellogg Group from trying to improperly take control of MFC's board at the Company's upcoming annual general and special meeting to be held on December 27, 2013 (the "Meeting").

Second Independent Proxy Advisory Firm Recommends MFC Shareholders Vote Only on BLUE Proxy FOR Two IAT Nominees and No Management Nominees
Business Wire - Wed Dec 18, 4:13PM CST
--"A Compelling Case That Change Is Needed At The Board Level"

Glass Lewis Recommends Against Peter Kellogg And His Attempt To Improperly Acquire Control Of MFC's Board
PR Newswire - Wed Dec 18, 4:30AM CST
MFC Industrial Ltd. ("MFC" or the "Company") (NYSE: MIL) today announced that the other leading independent proxy advisory and corporate governance firm, Glass, Lewis & Co. ("Glass Lewis"), has recommended that MFC shareholders vote "AGAINST" Peter Kellogg / IAT Reinsurance Company, Ltd.'s (the "Kellogg Group") attempt to improperly take control of the MFC board at the upcoming annual general and special meeting of MFC to be held on December 27, 2013 (the "Meeting") and to withhold their votes from the election of Peter Kellogg as a director, citing concerns, among others, regarding the Kellogg Group's "questionable behavior". Together with the previously announced recommendation of Institutional Shareholder Services Inc. ("ISS"), the two leading independent proxy advisory and corporate governance firms have now recommended that shareholders vote "AGAINST" the Kellogg Group's proposal to obtain a majority of the MFC board at the Meeting and against the election of Mr. Kellogg to the MFC board.

ISS Finds a Compelling Case for Change at MFC Industrial
Business Wire - Mon Dec 16, 6:30AM CST
Mr. Peter R. Kellogg and IAT Reinsurance Company Ltd. (collectively, "IAT") commented on Institutional Shareholder Services Inc's ("ISS") favorable recommendation for change at MFC Industrial Ltd. (NYSE:MIL) ("MFC") in connection with the Annual General and Special Meeting of Shareholders (the "Meeting") of MFC to be held on December 27, 2013 in Hong Kong.

Leading Independent Proxy Advisory Firm ISS Recommends AGAINST A Kellogg Controlled Board And The Election Of Peter Kellogg As A Director
PR Newswire - Mon Dec 16, 5:30AM CST
MFC Industrial Ltd. ("MFC" or the "Company") (NYSE: MIL) today announced that Institutional Shareholder Services Inc. ("ISS"), a leading independent proxy voting and corporate governance advisory firm, has recommended that MFC shareholders vote "AGAINST" the proposal by Peter Kellogg and IAT Reinsurance Company, Ltd. (the "Kellogg Group") to take control of the MFC board at the upcoming annual general and special meeting of MFC to be held on December 27, 2013 (the "Meeting") and withhold their votes from the election of Peter Kellogg as a director.

IAT Responds to MFC's Recent Attempt at Avoiding an Independent Board
Business Wire - Fri Dec 13, 1:03PM CST
Mr. Peter R. Kellogg and IAT Reinsurance Company Ltd. (collectively, "IAT") responded to a press release from MFC Industrial Ltd. (NYSE:MIL) ("MFC") earlier today that belatedly offered to support the election of just two of IAT's nominees for the board of MFC (the "IAT Nominees") in connection with the Annual General and Special Meeting of Shareholders (the "Meeting") of MFC to be held on December 27, 2013 in Hong Kong.

IAT Responds to MFC's Recent Attempt at Avoiding an Independent Board - "Two" is Great for Tea but Not Enough for Change at MFC
PR Newswire - Fri Dec 13, 12:09PM CST
Mr. Peter R. Kellogg and IAT Reinsurance Company Ltd. (collectively, "IAT") responded to a press release from MFC Industrial Ltd. (NYSE:MIL) ("MFC") earlier today that belatedly offered to support the election of just two of IAT's nominees for the board of MFC (the "IAT Nominees") in connection with the Annual General and Special Meeting of Shareholders (the "Meeting") of MFC to be held on December 27, 2013 in Hong Kong.

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