BAIT SHOP & CEO Updates
The Bait Shop is all about potential takeover candidates. A call for a change in management speaks for itself, and sometimes leads to a Bait Shop situation. Is it fair to put Citigroup (C-NYSE)…
All Work
Douglas A. McIntyre
Google Moves From A Stock Of Hope To A Stock Of Doubt
Google’s (GOOG) stock is having a really rocky time. On January 31, the stock hit $505. Today, it dropped below $470. A drop of 7% in such a short time is worth a look.…
Mutual Fund Derby: Franklin, T. Rowe Price, Janus, Schwab
Barron’s does an annual mutual fund family survey which, of course, uses returns as a key metric. The survey has to make investors wonder why anyone would put money outside of several well-known fund…
Barron’s Break-Up Value, NYTimes $35
Barron’s made the point in their current issue (February 5, 2007) and their November 13, 2006 issue that The New York Times Company (NYT) is worth $35 a share. That may well be. If…
24/7 Wall St. 2007 Break-Up Values: Met Life $79 (Current Price: $63)
By Ryan Barnes. Edited By Douglas A. McIntyre Metlife is the largest life insurance company operating in the United States, and also conducts business in home & auto insurance, reinsurance, group insurance, and various…
24/7 Wall St. 2007 Break-Up Values: Corning $35 (Current Price $21)
By Ryan Barnes. Edited By Douglas A. McIntyre Corning, Inc. (GLW) Corning is the world’s largest producer of specialty glass products, the most popular use of which is in the guts of the LCD…
24/7 Wall St. 2007 Break-Up Values: Wash Mutual $59 (Current Price: $45.50)
By Ryan Barnes. Edited By Douglas A. McIntyre Washington Mutual (WM) WaMu is the largest savings & loan operator in the U.S., with nearly $350b in assets, gained chiefly through retail banking and mortgage…
Chrysler And Mercedes To Merger, Finally
The Detroit Free Press says that Chrysler will cut 10,000 jobs and rely on its stable-mate in DaimlerChrysler, Mercedes, to pick up most of the work on product design. The companies may also share…
Pre-Market Stock Notes (FEB 5, 2007)
(ALVR) Alvarion announces that the leading Taiwanese telecom service provider Chunghwa Telecom has selected its WiMAX solution(APC) Anadarko will record a $100 million charge on taxes in Algeria.(BA) Boeing gets a 27 plane order…
Pre-Market Analyst Calls (FEB 5, 2007)
by Jon C. Ogg ARM raised to Neutral at UBS.AXL raised to Buy at Deutsche Bank.BEZ started as Outperform at Baird.BKS raised to Overweight at Prudential.BP raised to Buy at Goldman Sachs.CROX raised to…
BAIT SHOP UPDATE: Triad Hospitals Acquired in Our Target Range
Triad Hospitals, Inc. (TRI-NYSE) has finally announced that it has entered into a definitive merger for an equity buyout offer at $50.25 per share in cash with affiliates of CCMP Capital Advisors and GS…
Satellite Radio Begins To Wither (SIRI)(XMSR)
The news that UBS thinks XM Radio (XMSR) will end 2007 with only 9.1 million subscribers must be depressing for owners of the stock and its rival Sirius (SIRI). That would put it growth…
Europe Markets 2/5/2007 BT Up, Bayer, Vivendi Down
Stocks: (BCS)(BP)(BT)(GK)(PUK)(RTRSY)(UN)(VOD)(BAY)(DCX)(DT)(DB)(SAP)(SI)(ALU)(AXA)(FTE)(STM)(V) Europe markets were narrowly mixed at 5.15 AM New York time. The FTSE was off .1% to 6,316. Barclays was down .7% to 751. BP was up 1.2% to 541.5 BT was…
Media Digest 2/5/2007 Reuters, WSJ, NYTime, Barron’s, FT
According to Reuters, Vornado Realty Trust (VNO) increased its bid for Equity Office Properties (EOP) to $23.2 billion in an attempt to win the company from Blackstone. Reuters writes that The London Stock Exchange…
Asia Markets 2/5/2007 Nissan Down 8%
Stocks: (CAJ)(FUJ)(HIT)(HMC)(NIPNY)(NTT)(DCM)(SNE)(TM)(CHU)(CHU)(CN)(PCW)(HBC) Most markets in Asia were down. The Nikkei fell 1.2% to 17,345. Bridgestone fell 2.1% to 2510. Canon fell 2.4% to 6150. Fuji Film fell 1.8% to 4880. Hitachi fell 3.1% to…
Can Dell’s Founder Bring the PC Giant Back from the Dead?
By Chad Brand of The Peridot Capiltalist The news that founder Michael Dell is coming back to lead his company again is quite interesting. Normally, a CEO change alone wouldn’t totally alter an investment…
Some Hot Cajun Stocks
From The Average Joe Investor In honor of my first trip to New Orleans, I thought I’d post up a few stocks from the area. Entergy (NYSE: ETR) – Electric utility company based in…
The 3M Company-Misunderstood, Maligned, Cheap-Inefficiently Structured
From Value Discipline There is a mistaken notion by some value investors that the only time that you can make serious money occurs when you can find an unknown, small-cap name that is inefficiently…
The Monday Edition- Key Metrics For Analyzing Energy Companies
By Yaser Anwar, CSC of Equity Investment Ideas Originally I planned on writing about ‘The Oil Conundrum’, however I was unable to finish it in time for publishing (Super Bowl!). So this week I’ll…
More Tools In Google’s Microsoft Assault
There has been a good deal of speculation that Google (GOOG) is in the process of building desktop software to compete with portions of Microsoft’s (MSFT) operating system functions. Google already has its own…