Posts for Ticker ‘CNO’

52-Week High Club

Conseco Inc (NYSE: CNO) rallied 30% to a yearly high of $6.50 on news that Paulson & Co. had taken a large stake in the company as well as on news that the company had entered into an agreement to sell roughly $293 million in convertible notes.  

J P Morgan Chase & Co. (NYSE: JPM) rose to a yearly high of $47.47 reporting strong earnings results.

Anheuser-Busch InBev SA (NYSE: BUD) rose over 4% to a yearly high of $49.91 on news that the company had successfully sold $5.5 billion in debt.

Siemans AG (NYSE: SI) rose over 5% to a yearly high of $103.08 after the company announced outsourcing contracts with University of Pennsylvania Health System, Ernst Klett AG, and Ziggo in the Netherlands.

Garrett W. McIntyre

Posted on: October 14, 2009 – 4:23 pm in Banking, Earnings, Financial Stocks, Food, Telecom, , , ,

Top Day Trader Alerts (ACPW, JPM, FAS, BMTI, INTC, DRYS, MESA, CNO)

These are this morning’s top day trader and active trader alert stocks.  We have much more detailed analysis on most with links through to each stock over at VSInvestor.com:

Active Power, Inc. (NASDAQ: ACPW) is surging over 30% on news that it has received a second multi-million dollar order.

JPMorgan Chase & Co. (NYSE: JPM) is doing well enough that it is running the highly volatile triple-leverage ETF Direxion Daily Financial Bull 3X Shares (NYSE: FAS) by more than JPMorgan.

BioMimetic Therapeutics, Inc. (NASDAQ: BMTI) is changing to a big gain after showing a big stock drop last night.

Intel Corporation (NASDAQ: INTC) is up over 4% but off last night’s highs after beating earnings estimates.

DryShips, Inc. (NASDAQ: DRYS) is running again  but up close to previous resistance levels.

Mesa Air Group Inc. (NASDAQ: MESA) is a penny stock up 16% on trader chat. As always, you are on your own in the world of penny stocks.

Conseco, Inc. (NYSE: CNO) is up 20% on word that Paulson & Co. took a stake in a secondary offering.

You can join our open email distribution list to get updates each morning on analyst upgrades and downgrades, top day trader alerts, IPO’s and secondary offerings, Warren Buffett and other guru activity, M&A and more.

JON C. OGG

Posted on: October 14, 2009 – 8:49 am in Uncategorized, , , , , , , ,

Conseco Scores Paulson & Co. Investment (CNO)

Money ImageConseco, Inc. (NYSE: CNO) was a mixed blessing today after the close.  The firm is diluting shareholders with a secondary offering, but it also announced that the esteemed firm Paulson & Co. is taking 16.4 million shares and additional warrants for another 5 million shares.  This is listed as an aggregate purchase price of $77.9 million.
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Posted on: October 13, 2009 – 4:15 pm in Activist Investor, Financial Stocks, Private Equity, Secondary Offering,

52-Week Low Club (December 28, 2007)

Some of these stocks hit 52-week lows and recovered off of lows so they won’t have a low close.  But these did all touch or breach the 52-week lows.  At the end we also broke out retail stocks, financial stocks, airlines & transports, and hotels.  A separate report could have been compiled for REIT’s as well, but many of those were left off because of room or volume. There were enough 52-week lows today that you might even wonder if there had been a mini-crash in the markets.  Here are the 52-week lows for December 28, 2007:

  • Advanced Micro Devices (NYSE: AMD)… imagine if the company got Hector Ruiz to leave.
  • American Greetings (NYSE: AM)…again.
  • AstraZeneca (NYSE:AZN)… new entrant.
  • Carmike Cinemas (NASDAQ:CKEC)
  • ChipMOS (NASDAQ:IMOS)
  • Corp. Office Property (NYSE: OFC)
  • Cryptologic (NASDAQ: CRYP)
  • Diebold (NYSE:DBD)
  • Fortune Brands (NYSE:FO)
  • Group 1 Auto (NYSE: GPI)
  • Infinera Corp. (NASDAQ: INFN)
  • Introgen (NASDAQ:INGN)
  • Japan Smaller Cap Fund (NYSE: JOF)
  • Lamar Advertising (NASDAQ: LAMR)
  • Legget & Platt (NYSE: LEG)
  • Martha Stewart (NYSE: MSO)
  • Marvell Tech (NASDAQ:MRVL)
  • Mattel (NYSE:MAT)
  • McClatchy (NYSE:MNI)
  • Micron Tech (NYSE:MU)
  • NGAS Resources (NASDAQ:NGAS)
  • Nortel Networks (NYSE:NT)
  • Owens Corning (NYSE:OC)
  • Omnicare (NYSE:OCR)
  • Prestige Brand (NYSE: PBH)
  • PC-Tel (NASDAQ:PCTI)
  • Ruth’s Chris (NASDAQ:RUTH)
  • SanDisk (NASDAQ: SNDK)
  • Theravance (NASDAQ:THRX)
  • Tractor Supply (NASDAQ:TSCO)
  • Wendy’s (NYSE: WEN)
  • World Fuel Services (NYSE:INT)
  • U-Store-It (NYSE:YSI)

Retail Stocks on 52-week lows: Ann Taylor (NYSE:ANN), Big Lots (NYSE:BIG), Borders Group (NYSE:BGP), Bon Ton Stores (NASDAQ:BONT), Chico’s FAS (NYSE:CHS), Finish Line (NASDAQ:FINL), Liz Claiborne (NYSE: LIZ), Macy’s (NYSE: M), Office Max (NYSE:OMX), Petsmart (NASDAQ:PETM), Stage Stores (NYSE:SSI)

Financial stocks on 52-week lows: Bear Stearns (NYSE: BSC), Citigroup (NYSE:C), Canseco (NYSE: CNO), Discover Financial (NYSE: DFS), Fifth Third Bancorp (NASDAQ:FITB), Fortress Investment (NYSE: FIG), MBIA Inc. (NYSE: MBI), Washington Mutual (NYSE:WM)… urgh!  When does it stop?

Airlines/Transports on 52-week lows:  Airtran Holdings (NYSE: AAI)…again.  Did they launch a Friends Die Free rewards plan?  Continental Airlines (NYSE:CAL), Fedex (NYSE:FDX), Mesa Air (NASDAQ:MESA), Northwest Airlines (NYSE: NWA)… near $100 oil is a real pain.

Hotels Hitting 52-week lows: Host Hotels (NYSE: HST), Lasalle Hotel (NYSE: LHO), Starwood Hotels (NYSE:HOT), Sunstone Hotel (NYSE: SHO), Wydham Worldwide (NYSE:WYN).  Maybe these all wish they could get the private equity buyers back in the sector.  If only they could still borrow.

These CEO’s new year’s resolutions are all the same: "In 2008 I want to keep my stock off the 52-week low lists."

Jon C. Ogg
December 28, 2007

Posted on: December 28, 2007 – 3:01 pm in HI/LOW, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Big List of Private Equity Targets in Financial Services

There is a recent boutique research report from earlier in the week showing a list of potential private equity targets from a specialty brokerage firm that I was very positive on from even before its IPO: Keefe Bruyette & Woods (KBW).  The truth is that this company is probably only behind Goldman Sachs (GS) as far as its knowledge of what is going on in the North American financial services sector, and the argument is that KBW is considered the number one firm as far as independent coverage of the financial services sector.  It is too bad the company did not get this out at the end of last year to include many other names that have been gobbled up, but it really feels as though every firm is ‘cramming for finals’ in the M&A world with the private equity superstars.

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Posted on: May 31, 2007 – 9:32 am in Bait Shop, Banking, Financial Stocks, Mergers and Buy Outs, Private Equity, Research, , , , , , , , , , , , , , , , , ,