From Internet Outsider Well, yes, there’s some diversification for News Corp (geographical and business-line), and, yes, there is perhaps the ability to fire up the financial performance of an ancient family-controlled company, but, more…
From Internet Outsider If so–and I assume they do–the rejection of the News Corp offer is going to get sticky.
In a 13D filing after the close Monday on Georgia Gulf Corporation (NYSE: GGC), SCSF Equities, LLC (Sun Capital) disclosed an 8.4% stake (2.88 million shares) in the company. The firm did not show…
Tuesday was the filing date for Richard Bransons’s Virgin Mobile USA Inc. The company is proposing an IPO for up to $100 million in securities sales, although this number can change as initial filings…
Stock Tickers: MSFT, ADBE, DIVX, CBS, GOOG, TWX It is a little easy to get caught up in the earnings shuffle during weeks three through seven at the start of each quarter. But some…
i2 Technologies Inc. (ITWO) just reported perhaps their worst quarter ever today. The stock is down over 30% after falling short of Wall Street’s expectations and announcing the CEO will be leaving at year…
Cramer also came out on CNBC’s MAD MONEY with some speculative stocks in telecom, even though his main focus in telecom is being defensive right now. He said that the telecom expense expansions are…
Cramer made another defensive pick on telecom stocks after seeing weak retailers, weak autos, and even weaker housing. His first pick was Verizon (VZ-NYSE) over AT&T (T-NYSE), but his second defensive stock in telecom…
On CNBC’s MAD MONEY tonight, Jim Cramer discussed retail signaling that you need to build a defensive portfolio. Telecom is actually defensive right now after seeing Verizon’s (VZ) and AT&T’s (T) quarters. Cramer is…
Yum! Brands Inc. (YUM-NYSE) has issued results: $0.70 EPS and $2.223 Billion versus $0.64 & $2.16 Billion estimates. During the first-quarter 2007, Yum! repurchased 3.9 million shares at an average purchase price of $59.04.…
Chipotle Mexican Grill, Inc. (CMG-NYSE) has posted results: $0.38 EPS and revenues $236.1 million, compared to estimates of $0.32 & $228 million. It also issued same store sales of +8.3% and 0.5% higher operating…
Circuit City (CC) Restating past results and pulling guidance are not good things. Surprising the the retailer’s management are still in their jobs. Drops to $15.31 from 52-week high of $31.54. BearingPoint (BE) Consulting…
As WC Fields said: "Never give a sucker an even break, never wise up a chump." Newspaper stocks are up in sympathy with the News Corp (NWS) bid for Dow Jones (DJ). But, Murdoch…
On Today’s STOP TRADING Jim Cramer said he believes that the News Corp. (NWS) bid for Dow Jones (DJ) will succeed, but it may not stop there. In 1996, Rupert Murdoch was considering paying…
At least Toyota (TM) is not invincible. Its US sales fell in April from 220,000 to 210,000, a drop of about 4%. But, last year’s month had two extra sales days. On that basis,…
LSI Corp. (LSI) is a great case study of how low valuations can go for a company with favorable long-term trends, but also a lot of fires in the kitchen. LSI’s merger with Agere…
Stock Tickers: DJ, NWS, RTRSY, TOC, NYT, WPO, SSP, MNI, BLC, LEE, GHS, XFML It looks like almost all media stocks are running on David Faber’s report that Dow Jones (DJ-NYSE) is now a…
CNBC’s David Faber is reporting that Rupert Murdoch’s News Corp. (NWS-NYSE) has made a $60.00 per share offer to acquire Dow Jones (DJ-NYSE) common stock. Dow Jones shares have just screamed up by more…
Comcast (CMCSA) was all excited about its earnings. Revenue rose ot $7.4 billion and operating income to $1.3 billion. The dreaded "triple play" of voice, cable TV, and broadband did well. Cable revenue rose…
Advanced Micro Devices (AMD-NYSE) made its 8-K filing last night that discloses more of the terms and conditions of what we called a "Voodoo Financing" regarding the $2.2 billion convertible note sale that AMD…