Posts for Ticker ‘AW’

Why So Many Mergers Are Failing (WMI, RSG, AW, VSH, IRF, DBD, UTX, SNDK)

Broken_merger_torn_moneyBack in normal economic times and back when private equity was king, Mondays were often referred to as "Merger Monday" because mergers would be announced at the start of the week.  If you monitor mergers and possible buyout targets in the manner we do at 247 Wall St., then today might feel like it should be named De-Merger Monday.  There are three very large mergers which have been scrapped today and this brings up issues in another pending giant technology merger.

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Posted on: October 13, 2008 – 1:05 pm in Mergers and Buy Outs, , , , , , , ,

Bill Gates: Now Garbage Man & Gringo Investor (MSFT, CNI, TV, FMX, RSG, WMI, AW)

Bill_gates_image_2Tonight we received the quarterly filings for Cascade Investment LLC, which shows the personal investments of Bill Gates.  While the investment vehicle listed many unique holdings out there that were much the same as before, there are much more interesting things to look at besides his now greatly-diminished role at Microsoft (NASDAQ: MSFT).  Cascade’s now holds 33.895 million shares of Canadian National Railways Co. (NYSE: CNI) with a stake worth some $1.627 Billion as of June 30, 2008.  many of his other holdings look the same as before which you can see in this filing versus what we noted last quarter.

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Posted on: August 14, 2008 – 10:27 pm in Activist Investor, Insider Activity, Mergers and Buy Outs, , , , , , ,

Top 10 Pre-Market Analyst Calls (AFL, AW, CPB, MWV, NYX, ODFL, PDLI, PCZ, SPIL, WDFC)

There are other calls out there, but these are ten of the early morning analyst calls that we are focused on this Friday 13th:

  • Aflac (NYSE: AFL) Started as Buy at SunTrust Robinson Humphrey.
  • Allied Waste (NYSE: AW) Raised To Buy From Neutral at Goldman Sachs.
  • Campbell Soup (NYSE: CPB) Raised To Overweight from Equalweight at Lehman.
  • MeadWestvaco (NYSE: MWV) Raised to Buy from Hold at Citigroup.
  • NYSE Euronext (NYSE: NYX) Started as Neutral at Credit Suisse.
  • Old Dominion Freight Line (NASDAQ: ODFL) Raised to Outperform from Neutral at Baird.
  • PDL Biopharma (NASDAQ: PDLI) Cut to Neutral from Outperform at Credit Suisse.
  • Petro-Canada (NYSE: PCZ) raised to Buy at Banc of America.
  • Siliconware Precision (NASDAQ: SPIL) Raised to Neutral from Sell at UBS.
  • WD-40 (NASDAQ: WDFC) Cut to Underweight from Neutral at JPMorgan.

Jon C. Ogg
June 13, 2008

Posted on: June 13, 2008 – 6:51 am in Analyst Calls, , , , , , , , , ,

Top 10 Pre-Market Analyst Calls (AW, CPT, ESPG, GSIC, GE, EFII, IR, MVSN, SAI, UPS)

These aren’t the only analyst calls moving stocks this morning, but these are the ones that 247WallSt.com is focusing on:

  • Allied Waste (AW) downgraded to Neutral at JPMorgan.
  • Camden Property (CPT) downgraded to Peer Perform at Bear Stearns; downgraded to Underweight at JPMorgan.
  • eSpeed (ESPD) raised to Buy from Neutral at Goldman Sachs.
  • Electronics for Imaging (EFII) downgraded to Market Perform at BMO Capital and downgraded to Underperform at Collins Stewart.
  • General Electric (GE) lowered price targets to $38 from $42 at Goldman Sachs, although it maintained a Buy rating.
  • GSI Commerce (GSIC) raised to Outperform at Bear Stearns.
  • Ingersoll Rand (IR) raised to Overweight at Lehman.
  • Macrovision (MVSN) raised to Buy at Jefferies.
  • SAIC (SAI) raised to Overweight at JPMorgan.
  • UPS (UPS) raised to Outperform at Bear Stearns.

Jon C. Ogg
January 10, 2008

Posted on: January 10, 2008 – 9:04 am in Analyst Calls, , , , , , , , , ,

The Business Day In Global Warming (EEE, AECOX, GE, VOLV, SOLF, FTEK, AW, PCG, PGN)

Evergreen Energy Inc (NYSE:EEE) has signed an “Agreement to Proceed” with specifications and design work that lead to the construction of a K-Fuel® lignite coal refinery in the Inner Mongolian Autonomous Region of the People’s Republic of China (PRC). The agreement was signed yesterday with a subsidiary of China Power Investment Corporation (CPI), one of the five state-owned power generation companies in China.

Our friends at TheStreet.com have a great article "A Green Fund for Global-Warming Skeptics."  As we have noted ourselves over and over, whether you believe in "global warming" or "climate change" doesn’t really matter.  Green business is becoming big business.   Allianz RCM Global EcoTrends Fund (AECOX) is a $131 million fund has appeared in the top 10% of stock funds for several months this year.

Thursday, September 20, 2007
Plutonic Power Corporation (TSX:PCC) and GE Energy Financial Services, part of GE (NYSE:GE), executed a fixed-price construction contract with Peter Kiewit Sons Co. for the construction of the 196 MW Toba Montrose run-of-river hydroelectric project.  The signing of the approximately $500 million engineering, procurement and construction (EPC) contract allows Kiewit to move ahead to the next stages after the initial rejuvenation and construction of forestry roads and bridges to the powerhouse site that had begun in July 2007.

With higher than $80.00 per barrel oil, alternative energy is all forms is highly important.  Many of these initiatives started back in the 1990’s and 2000 when oil was cheaper than water.  T. Boone Pickens is still bullish on oil prices and he’s bullish on his natural gas for autos initiative.  Earlier this week Goldman Sachs unveiled their "Super-Spike" in oil prices with the high-end of that band moving from $100 to $135 per barrel and up to $4.50 per gallon of gas at the pump.

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Posted on: September 21, 2007 – 10:27 am in Alternative Energy, , , , , , , , , , , , , , , ,

Earlybird Analyst Calls (June 6, 2007)

AGN started as Buy at Jefferies.
AW started as Outperform at Credit Suisse.
BAY started as Overweight at JPMorgan.
CACH cut to Neutral at Merriman Curhan Ford.
CIEN started as Outperform at Piper Jaffray.
CPNO started as Outperform at Morgan Keegan.
EPD started as Outperform at Morgan Keegan.
EPE started as market perform at Morgan Keegan.
ETE started as Outperform at Morgan Keegan.
ETP started as Outperform at Morgan Keegan.
GILD cut to Neutral at Credit Suisse.
IMA started as Buy at Stifel Nicolaus.
JCI raised to Outperform at Credit Suisse.
KMP started as Outperform at Morgan Keegan.
KSE raised to Neutral at Credit Suisse.
LOOP started as Buy at Sun Trust Robinson Humphrey.
MNT started as Buy at Jefferies.
NTEC started as Outperform at Rodman & Renshaw.
ORBC started as Outperform at CIBC.
RSG started as Outperform at Credit Suisse.
SINT cut to Hold at Stifel Nicolaus.
TEVA raised to Outperform at Credit Suisse.
VLTR cut to Sector Perform at CIBC.
VRUS started as Buy at B of A.
WMI started as Outperform at Credit Suisse.

Jon C. Ogg
June 6, 2007

Posted on: June 6, 2007 – 6:30 am in Analyst Calls, , , , , , , , , , , , , , , , , , , , , , , , ,