EMC Corp. (NYSE: EMC) was touted by Barron’s over the weekend as it heats up in a data-storage war at the retail level against NetApp, IBM, HP and Hitachi.
Exxon Mobil Corp. (NYSE: XOM) and Devon Energy Corporation (NYSE: DVN) were listed as being more attractive now with higher oil prices in this weekend’s Barron’s.
Genzyme Corp. (NASDAQ: GENZ) is still in the merger mix, maybe. Our latest we saw was a $70 to $71 cash price but with a performance hurdle workout that could get shares closer to $80 through time.
iShares FTSE China 25 Index Fund (NYSE: FXI) will be one to watch, even if it is just an ETF. While U.S. markets were all closed for Martin Luther King Day, the Shanghai Composite dropped 3% as the Chinese President visits the U.S. on concerns that the central bank may be choking off the growth too much with rate hikes and policy-tightening measures.
J. Crew Group Inc. (NYSE: JCG) has not received any rival takeover bids to compete against the $2.86 billion buyout offer from TPG and Leonard Green during its “go shop” period.
Riverbed Technology, Inc. (NASDAQ: RVBD) was given a repeat weekend as being the #1 stock in the Investors Business Daily 100 of the best stock charts out there with last week’s gains being roughly 3%. IBD 100 others were #2-SWKS; #3-NFLX; #4-FFIV; #5-LULU; #6-CXO; #7-PCLN,
Smith & Nephew plc (NYSE: SNN) was its shares in London trade up about 4% more after the Sunday Times reported that Johnson & Johnson (NYSE: JNJ) is considering a fresh bid to acquire the medical devices maker. S&N’s ADRs closed at $54.83 on Friday and the 52-week range is $41.26 – to $56.80.
Vodafone Group plc (NYSE: VOD) was listed as perhaps the best way to invest in the Verizon iPhone against AT&T by Barron’s this weekend. UK-based Vodafone saw shares up nearly 2% in London trading Monday.
Wal-Mart Stores, Inc. (NYSE: WMT) will get into Africa after Massmart agreed to let Wal-Mart acquire 51% of the company. Some 97% voted for the deal when some 75% was needed.
The concerns over municipal bonds keep growing and two of the key ETFs which track this are now showing 10% discounts from recent highs due to the massive capital outflows in the sector. Two we are watching in this are iShares S&P National AMT-Free Muni Bond (NYSE: MUB) and PowerShares Insured National Muni Bond (NYSE: PZA).
Also, in case you missed the weekend’s news from us, we have several features for investors:
- The Top 5 Analyst Calls of the Week were in GE, JASO, MRO, NANO, AMAT, KLAC, and NVLS.
- We also featured the best performing stocks and the worst performing stocks of last week.
You can join our free daily email distribution list to hear more about analyst upgrades and downgrades, top day trader and active trader alerts, dividend trends, news on Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.
JON C. OGG
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