Comments From TheStockMasters 4/2/2007
So what’s doing well today, well that would be Sotheby’s (BID) hitting a new 52-week high today at $45 and change a share.
All Work
Douglas A. McIntyre
Large Brinks (BCO) Holder MMI Investments Now Recomends Spin-Off
From 13D Investor In an amended 13D filing after the close Friday on Brinks Co. (NYSE: BCO), 8.3% holder MMI Investments submitted a presentation recommending that the company consider a tax-free spin-off of one…
Relational Investors Boosts Stake in Unum Group (UNM) to 7.49%
From 13D Investor In an amended 13D filing after the close Friday on Unum Group (NYSE: UNM), Relational Investors disclosed a 7.49% stake (25.7 million shares) in the company. This is up from the…
The 52-Week Low Club
Advanced Micro Devices (AMD) Worries about earnings and cash position seem to get worse as each day passes. Drops to $12.81 form 52-week high of $35.75. M&T Bank (MTB) Concerns about residential loans. Down…
Apple: European Union Uses Thor’s Hammer
The European Union has had enough of the iTune’s monopoly, or so they say. According to the FT: "Apple and several major music companies are facing a European Commission antitrust probe after Brussels issued…
An Advanced Micro Devices (AMD) Bankruptcy?
"We cannot assure you that we will be able to refinance our debt, sell assets or equity or borrow more funds on terms acceptable to us, if at all." –From Advanced Micro Devices (AMD)…
Cramer Talks Hotels & Financials (APR 2, 2007)
On today’s STOP TRADING segment on CNBC, Jim Cramer talked about Starwood Hotels & Resorts (HOT-NYSE) with the stock up 4% after the CEO "Stepped down" after losing the confidence of the board of…
Sirius (SIRI): New Low, Again
Sirius Satellite Radio (SIRI) dropped to another multi-year low today hitting $3.14 in intra-day trading, down almost 2%. The profound pessimism about both the company’s merger with XM Satellite (XMSR) appears to be growing,…
Nokia-Siemens: WiMax Nation
The new Nokia-Siemens (NOK)(SI) joint telecom equipment venture is starting to see more demand for WiMax technology. Management from the JV was quoted by Reuters as saying: "WiMAX will make wireless broadband much cheaper…
Sun Microsystems: More Layoffs Appear Needed
When new CEO Jonathan Schwartz took over in June 2006, Sun Microsystems (SUNW-NASDAQ) announced an 11-13% workforce reduction, and many investors thought that Sun was serious about getting costs under control and returning to…
Cramer Questions First Data Options Trades
On today’s WALL STREET CONFIDENTIAL on TheStreet.Com, Jim Cramer noted the First Data (FDC) buyout. He said the he was looking at the options contracts in the $27.50 and $30 calls, and he said…
ZION – Zions BanCorp: Growth through Acquisition
04/02/2007 For a small western bank, Zions has turned itself into a formidable banking conglomerate in a few short years. Starting in 1997, Zions started acquiring banking operations and expanded its footprint under several…
ISE: Equity & Index Trading Volumes Still Soaring in March
The largest equity options exchange in the U.S based on volumes, International Securities Exchange Holdings (ISE), reported that March trading volumes were up 32% YoY, at 2.8 million daily contracts to 2006’s level of…
Sun Loses It Hot Hand
Sun Microsystems (SUNW) has had the hot hand in the server and storage business. Data from research firms showed it taking share from heavy weights like IBM (IBM) and Dell (DELL). But, Bernstein downgraded…
2007 Top Stock Picks: Pundit Scorecard
Stock Tickers: LVLT, MO, GS, RSH, AMGN, YHOO, AMZN, GILD, LEH, UTSI, BBBY, RAD, SVNT, NYX, AAPL, CSCO, HAL, SLB, LUV, BUD, DEO, HIG, DOW, ROH, COP, DO, GD, PAYX, PEP, TSM. So we…
UK Online Ads Pass Newspapers; U.S. Online Ad Spending to Triple?
From Internet Outsider According to IAB, online advertising spending in the UK in 2006 exceeded newspaper advertising spending. This amazing fact received less attention in the U.S. than it should have.
Apple: Steve Jobs Still Carries a Large Stick
By Ryan Barnes of 24/7 Wall St. Not that he was one to ever speak softly, but Jobs’ calling for the major record labels to offer their content “DRM-free” (no Digital Rights Management software)…
Tribune’s Murky Acquisition by Sam Zell
It’s official: Tribune (TRB-NYSE) is being acquired by Sam Zell for $34.00 per share in cash, sort of. Tribune will be privately held, with an Employee Stock Ownership Plan (ESOP) holding all of Tribune’s…
IPO Filing: COMSCORE, INC. (SCOR)
COMSCORE, INC. has filed to raise (what is listed for filing purposes) as much as $86.25 Million in an IPO. It has secured the ticker "SCOR" under NASDAQ. This is a fairly impressive underwriting…
After DoubleClick; Who Could Be the Next Buyout Target?
DoubleClick is now not just under potential bidding by Microsoft (MSFT-NASDAQ). Google (GOOG-NASDAQ) is now interested according to reports, and our own Douglas McIntyre was pointing out earlier how Microsoft “can’t afford to lose…