Posts for Ticker ‘MNT’

Cramer Calls For More Buyouts (JNJ, MNT, AGN, PFE, ITW, MTW, NKE, UA)

Cramer_imageOn tonight’s MAD MONEY on CNBC, Jim Cramer called for companies with high cash balances to make acquisitions while competitors are dirt cheap and vulnerable.  Yesterday, Cramer called for Pfizer (NYSE: PFE) to acquire Allergan (NYSE: AGN) now that Johnson & Johnson (NYSE: JNJ) decided to take out Mentor Corp. (NYSE: MNT) for a huge premium.  We recently pondered whether that deal really made Allergan worth less money or more money over the competition.  Allergan has been battered as many "self improvements and enhancement surgeries" are being put off because the public is having a major money pinch.  Tonight, Cramer gave two more merger candidates and suitors. 

Read More »

J&J: Now Master Over Mentor (MNT, JNJ)

Jnj_logo_2If you thought that high-premium buyouts or M&A was dead, that is not the case in at least some opportunities.  Mentor Corp. (NYSE: MNT) has just secured a major premium buyout this Monday morning with Johnson & Johnson (NYSE: JNJ) as the suitor.

Read More »

Top Analyst Upgrades & Downgrades (ANR, BJS, DL, RIMM, AGU, CF, MNT, POT, TRA)

There are actually very few analyst calls this morning and some of these may even be carry-over calls from late yesterday:

  • Alpha Natural Resources (ANR) raised to buy at UBS.
  • BJ Services (BJS) raised to Equal Weight at Morgan Stanley.
  • China Distance Education (DL) started as buy at Citigroup.
  • Research in Motion (RIMM) raised to outperform but target cut to $110 at Raymond James; raised to neutral from underperform at Credit Suisse.
  • Agrium (AGU) cut to hold at Citigroup.
  • CF Industries (CF) cut to hold at Citigroup.
  • Mentor Corp. (MNT) cut to hold at Jefferies.
  • Potash Corp. (POT) target cut to $250 from $375 at RBC.
  • Research in Motion (RIMM) cut to hold at Canaccord; cut to sector perform at RBC.
  • Terra Industries (TRA) cut to hold at Citigroup.

Jon C. Ogg
September 26, 2008

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