LYCOS RETRIEVER
Overstock
built 642 days ago
Overstock.com is an Internet leader for name-brands at clearance prices. They offering top-quality name-brand merchandise at 40 - 80% off. At Overstock.com you will find your favorite brands (including names like Sony, JVC, Nike, Ralph Lauren, Krups, Hewlett Packard, Fuji, Movado, Bissell, Samsonite, Helly Hansen, and hundreds more). You will ... find great selection - over 130 product categories, and new products added every day. Shopping at Overstock.com is like shopping at a clearance sale - with discounts at 40-80%
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Overstock.com is a leading "closeout" retailer. It offers customers the opportunity to shop conveniently online for brand name merchandise at heavily discounted prices and offers its suppliers an alternative means of inventory liquidation distribution. Overstock launched its first website through which customers could purchase products in 1999. Since that time, Overstock's overall business and gross revenues have grown steadily and consistently each year. Patrick Byrne, Chairman and CEO of Overstock, commented: "I have a fiduciary duty to defend the company. These manipulative activities have caused tremendous damage to Overstock," said Patrick Byrne, chairman and chief executive officer of Overstock.com "I believe that this conduct is harming our company and our shareholders deeply, and that investors have been failed by those who have a duty to protect them.
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Overstock.com has partnerships with many leading brand-name companies. Because of these relationships, they are able to buy products at significant discounts, which then allows them to pass on the incredible savings on to you. They do this with overstock products, canceled orders, and company specific issues. For example, each year manufacturers estimate how many products they will sell. Many times they overestimate and produce too many products. The manufacturer is forced to liquidate these excess products.
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The SEC initiative addresses one of the four component reforms that comprise the "G.O.L.D" standard that Overstock.com has continually urged the SEC to adopt in order to stop chronic fails-to-deliver. The "G.O.L.D." standard acronym stands for: "G": eliminate Regulation SHO's "G"randfather clause; "O": eliminate Regulation SHO's "O"ptions market maker exception; "L": require short-sellers to "L"ocate and pre-borrow shares before selling them; and "D": require the exchanges to "D"isclose fully and promptly the aggregate failure-to-deliver positions for every threshold list company. While the SEC has eliminated the grandfather clause and now provides some level of delayed disclosure ("G" and "D" above), it has yet to eliminate the options market maker exception or require short-sellers to locate or pre-borrow shares before selling them -- despite numerous, forceful calls from the U.S. Chamber of Commerce, other business groups, members of Congress, investors, academics, and other public companies.
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Online retailer Overstock.com Inc. revealed Wednesday that it has appointed Joseph J. Tabacco Jr. to its board of directors. Overstock.com said Tabacco will serve as an independent director for a term that began Wednesday and will conclude in 2008. Overstock.com ... said Tabacco has been named to the company's Audit and Compensation Committees. Tabacco is the managing partner of the San Francisco office of the law firm of Berman DeValerio Pease Tabacco Burt & Pucillo, Overstock.com said, adding that Tabacco also worked as a trial attorney for the U.S. Department of Justice's Antitrust Division. Overstock.com is headquartered in Salt Lake City, Utah.
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Overstock.com charges listing and selling fees. Your fees depend on your starting price and how much your item sells for. If your item sells for less than $25, then Overstock.com’s commission is 3.25 percent. That rate goes up with your selling price. There are additional fees for reserve and listing features like bold, highlight and extra photographs. All listings allow one free photo.