24/7 Wall St. » FMX

Top Pre-Market Analyst Upgrades (AGN, T, CCL, CB, EGLE, FMX, HR, MYL, TEVA)

247wallst — Wed, 25 Feb 2009 12:38:54 +0000

These are the top pre-market analyst upgrades and positive research calls from Wall Street we have seen this Wednesday morning with more than two hours until the market opens:

Allergan (AGN) Started as Outperform at Credit Suisse.
AT&T (T) Raised to Overweight at JPMorgan.
Carnival (CCL) Raised to Outperform at Credit Suisse.
Chubb (CB) Raised to Buy at UBS; Started as Outperform at RBC.
Eagle Bulk Shipping (EGLE) Raised to Outperform at Wachovia.
FEMSA (FMX) Started as Overweight at Barclays.
Healthcare Realty Trust (HR) Raised to Outperform at KBW.
Mylan Labs (MYL) Started as Outperform at Credit Suisse.
Teva Pharmaceutical (TEVA) Started as Outperform at Credit Suisse.

Jon C. Ogg
February 25, 2009

Posted in Analyst Calls Tagged: AGN, CB, CCL, EGLE, FMX, HR, MYL, T, TEVA

Bill Gates Top Holdings (ABT, AN, BRK-A, BP, CNI, CAT, KO, COST, CCI, EK, XOM, FMX, JNJ, MCD, OTTR, RSG, SGP, WMT, WMI)

247wallst — Tue, 17 Feb 2009 13:48:31 +0000

We compiled a list of the equity holdings of the Bill & Melinda Gates Foundation and for Bill Gates’ personal investment vehicle Cascade Investment. These are as of December 31, 2008 and we have taken out the positions listed as under $50 million to make this list easier to read. This list also excludes the massive holdings in Microsoft (MSFT).

BILL & MELINDA GATES FOUNDATION
COMPANY (TICKER)    $(000)     SHARES
ABBOTT LABS (ABT)            185,199   3,470,100
AUTONATION INC (AN)          101,192   10,242,100
BAXTER INTL INC (BAX)     107,180   2,000,000
BERKSHIRE HATHAWAY (BRK) 4,342,918 1,351,250
BP PLC (BP)               216,546   4,633,000
CANADIAN NATL RY CO       308,771   8,399,653
CATERPILLAR INC (CAT)     227,370   5,090,000
COCA COLA CO (KO)           257,224   5,682,000
COCA COLA FEMSA (KOF)      198,452   4,561,072
COSTCO WHOLESALE (COST)    321,720   6,128,000
CROWN CASTLE INTL (CCI)       93,752    5,332,900
EXPEDITORS INTL (EXPD)     54,829    1,648,000
EXXON MOBIL CORP (XOM)       342,072   4,285,000
FEDEX CORP (FDX)            97,829    1,525,000
GRUPO TELEVISA (TV)         99,961    6,690,800
JOHNSON & JOHNSON (JNJ)       150,482   2,515,156
MCDONALDS CORP (MCD)        395,995   6,367,500
MERCK & CO INC (MRK)          245,041   8,060,550
PFIZER INC (PFE)            60,049    3,390,700
REPUBLIC SERVICES (RSG)     33,467    1,350,000
SCHERING PLOUGH (SGP)     254,721   14,957,200
WAL-MART STORES (WMT)    266,453   4,753,000
WASTE MANAGEMENT (WMI)   259,128   7,819,200
WYETH (WYE)                    140,040   3,733,400

Cascade Investment, L.L.C.
COMPANY (TICKER)            $(000)    SHARES
AUTONATION INC (AN)        111,799   11,315,688
BERKSHIRE HATHAWAY (BRK-A) 391,230   4,050
CANADIAN NATL RY (CNI)       1,279,599   34,809,544
COCA-COLA FEMSA (KOF)        37,294     857,128
EASTMAN KODAK (EK)             52,311    7,950,000
FOMENTO ECONOMICO (FMX)       678,431   22,516,795
GRUPO TELEVISA (TV)           301,495   20,180,400
OTTER TAIL CORP (OTTR)    79,474    3,406,499
PNM RES INC (PNM)           70,757    7,019,550
REPUBLIC SERVICES (RSG)        879,233   35,467,230

Smaller positions listed as under $50 million for the BILL & MELINDA GATES FOUNDATION are BANK FLA CORP NAPLES, VIACOM, COCA COLA ENTERPRISES, COX RADIO, CROCS INC, DAIMLER, DICKS SPORTING GOODS, EASTMAN KODAK, GREATER CHINA FUNDD INC, HOME DEPOT, IAC/INTERACTIVE CORP, ELI LILLY & CO, PEABODY ENERGY, PROGRESSIVE CORP, SEATTLE GENETICS, TEVA PHAMRACEUTICAL, TRACTOR SUPPLY, VIACOM…. We listed Republic Services (RSG) because Bill Gates’ Cascade has been acquiring these share actively via Cascade.

Smaller positions listed as under $50 million for CASCADE INVESTMENTS are CROCS, FISHER COMMUNICATIONS, GAMCO INVESTORS, PATRIOT COAL, PLANETOUT INC, SIX FLAGS, STRATEGIC HOTELS & RESORTS.

JON C. OGG
FEBRUARY 17, 2009

Posted in Activist Investor, Insider Activity Tagged: ABT, AN, BP, BRK-A, CAT, CCI, CNI, COST, EK, FMX, JNJ, KO, MCD, OTTR, RSG, SGP, WMI, WMT, XOM

Bill Gates & Cascade New Stock Holdings (AN, BRK-A, CNI, KOF, FSCI, FMX, GBL, TV, OTTR, PCX, LGBT, PNM, RSG, SIX, BEE)

247wallst — Fri, 14 Nov 2008 16:35:35 +0000

These are the new holdings (sans ETF and sans derivatives) for Bill Gates’ CASDADE INVESTMENT LLC As of September 30, 2008:

AUTONATION (NYSE: AN) 5,263,588
BERKSHIRE HATHAWAY (NYSE: BRK-A) 4,050
CANADIAN NATL RY (NYSE: CNI) 33,859,544
COCA COLA FEMSA S A B (NYSE: KOF) 857,128
FISHER COMMUNICATIONS (NASDAQ: FSCI) 455,700
FOMENTO ECONOMICO (NYSE: FMX) 20,966,795
GAMCO INVESTORS (NYSE: GBL) 90,845
GRUPO TELEVISA SA (NYSE: TV) 19,680,400
OTTER TAIL (NASDAQ: OTTR) 2,556,499
PATRIOT COAL (NYSE: PCX) 2,408,653
PLANETOUT (NASDAQ: LGBT) 521,739
PNM RESOURCES (NYSE: PNM) 7,019,550
REPUBLIC SERVICES (NYSE: RSG) 34,873,836
SIX FLAGS (NYSE: SIX) 10,210,600
STRATEGIC HOTELS & RESORT (NYSE: BEE) 4,190,000

You can join our open email distribution list to hear about holdings of Warren Buffett, Bill Gates, IPO’s, secondary offerings, private placements, merger, special situations, rumors, and more.

Jon C. Ogg
November 14, 2008

Posted in Activist Investor, Insider Activity Tagged: AN, BEE, BRK-A, CNI, FMX, FSCI, GBL, KOF, LGBT, OTTR, PCX, PNM, RSG, SIX, TV

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

247wallst — Thu, 14 Aug 2008 22:27:24 +0000

Tonight 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.

Other substantial Gates stock holdings outside the US are GrupoTelevisa SA (NYSE: TV) with 19.68 million shares worth almost $465million and a stake of 13.31 million shares of Fomento EconmicoMexicano, S.A.B de C.V (NYSE: FMX) worth about $605 million. If hekeeps contributing to those investments he’s going to be called GringoGates rather than Garbage Man Gates.

But the one standout stock he has been steadily adding to is innersecret dream he never got to pursue because of his infatuation with "0"and "1" and programming: he must really have wanted to become a garbageman. Yep, Bill Gates has steadily added to his position in RepublicServices Inc. (NYSE: RSG). As of June 30 he owned 27.192+ millionshares worth some $807.6 million at the time. But in more recenttransactions he has actually added to these. With the last filing thatcame out tonight he now owns just under 31.4 million shares, whichcomes to 17.3% of the company. The last round of purchases was 680,000shares with an average price of $34.83 for these buys. There wasanother filing Wednesday showing he had bought 1.35 million othershares at an average price of $34.89.

What is more important than anything is that Mr. Gates is investingright into the tempest of a merger. Waste Management Inc. (NYSE: WMI)has just recently hiked its unsolicited offer to acquire RepublicServices by 9% to $37.00 per share. This is also a torpedo againstRepublic’s $6+ Billion deal to acquire Allied Waste Industries Inc.(NYSE: AW).

Regardless of how these mergers actually go, Mr. Gates may have wiggledhis way into a garbage, trash, and waste management monopoly after thedust settles. Who knows, he might even get involved in the merger anddemand that his shares convert to new stock in the garbage monopolyrather than just taking the cash back if that pans out.

Don’t forget to check out what his new best buddy Warren Buffett is doing with his billions of Berkshire investment monies.

Jon C. Ogg
August 14, 2008

Top Pre-Market Analyst Downgrades (AIG, ANEN, AVP, KMX, CTRN, EW, FMX, LAMR, TRMK, VMW)

247wallst — Thu, 07 Aug 2008 06:07:01 +0000

These are not all of the downgrades or negative calls we are seeing, but these are the stand out calls early this Thursday morning:

AIG (AIG) Cut to Market Perform at FBR.
Anaren (ANEN) Cut to Neutral at Piper Jaffray.
Avon Products (AVP) Cut to Neutral at Credit Suisse.
CarMax (KMX) Cut to Market Perform at Raymond James.
Citi Trends (CTRN) Cut to Neutral at Piper Jaffray.
Edwards Lifesciences (EW) Cut to Underweight at JPMorgan.
Femsa (FMX) Cut to Equal-weight at Morgan Stanley.
Lamar Advertising (LAMR) Started as Sell at Citigroup.
Trustmark (TRMK) Cut to Underweight at JPMorgan.
VMware (VMW) Started as Underperform at Bernstein.

Jon C. Ogg
August 7, 2008

Bill Gates Personal Stock Holdings (MSFT, CNI, FSCI, OTTR, LGBT, PNM, RSG, SIX, FMX, TV, BRK.A)

247wallst — Sat, 16 Feb 2008 07:41:00 +0000

Below are most of the equity holdings listed for Bill Gates’ own Cascade Investment, L.L.C. as of December 31, 2007. These were disclosed in a filing late in the week. Keep in mind that these are not tied at all to Microsoft (NASDAQ: MSFT) and these also do not include the Bill & Melinda Gates Foundation either. This also does not include any ETF holdings. These are not quite all of his holdings inside of Cascade, but these are the bulk of the holdings:

Company (Ticker)                                                 Value                Shares
Berkshire Hathaway (NYSE: BRK-A)          $573,480,000    4,050
Canadian National Rail (NYSE: CNI)          $1,589,028,000    33,859,544
Fisher Communications (NASDAQ: FSCI) $17,298,000       455,700
Fomento Econmico Mexicano (NYSE: FMX)$412,617,000       10,810,000
Grupo Televisa S.A. (NYSE: TV)                   $467,803,000    19,680,400
Otter Tail Corp. (NASDAQ: OTTR)                $88,455,000       2,556,499
PlanetOut Inc. (NASDAQ: LGBT)                   $3,240,000          521,739
PNM Resources Inc. (NYSE: PNM)             $150,569,000       7,019,550
Republic Services Inc. (NYSE: RSG)          $852,483,000       27,192,451
Six Flags, Inc. (NYSE: SIX)                            $20,728,000          10,210,600

If you want to see Mr. Gates’ new best friend’s holdings (that would be Warren Buffett) you can see all of those here for the same period.

Or you can see Carl Icahn’s top equity holdings as well.

Jon C. Ogg
February 16, 2008