News
Conseco Shares Undervalued (CNO)
Conseco, Inc. (NYSE: CNO) shares have been halved during the past 52 weeks and at least one large investor insists that the stock is substantially undervalued in a Schedule 13D/A filing with the SEC. The insurance holding company’s shares dropped after it fell under scrutiny for improperly reporting benefits and liabilities for insurance products. In […]
Popularity: 100% [?]
14Mar2008 | Justin Kuepper | 0 comments | ContinuedBear Stearns’ Self-Fulfilling Prophecy (BSC, JPM)
Bear Stearns (NYSE: BSC) can handle the credit markets but rumors are another story. Rumors surfaced early this week that the investment bank was facing liquidity concerns and shares fell sharply. The next day, CEO Alan Schwartz told CNBC that the rumors were absolutely not true and the company had sufficient liquidity. Unfortunately, shareholders failed […]
Popularity: 79% [?]
14Mar2008 | Justin Kuepper | 0 comments | ContinuedAOL Makes Social Media Move (AOL)
Time Warner’s (NYSE: TWX) AOL may be finally realizing that dial-up internet doesn’t have the brightest future. The popular internet service provider announced today that it purchased social media site Bebo.com for $850 million in an effort to boost its content network. The deal comes after a broad attempt to transform itself from an internet […]
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13Mar2008 | Justin Kuepper | 0 comments | ContinuedFund.com Acquired in Record Purchase (FNDM)
Fund.com Inc. (OTC: FNDM) set a new world record yesterday after it purchased the domain Funds.com for $9,999,950 in an all-cash transaction, according to an 8-K filing with the SEC. FST Limited decided to part with the domain and associated intellectual property in an purchase agreement dated October 1st of last year, which broke the […]
Popularity: 67% [?]
13Mar2008 | Justin Kuepper | 0 comments | ContinuedDoubleClick Could Double Revenues (GOOG)
Google Inc.’s (NDAQ: GOOG) may have forked over 20 times DoubleClick’s estimated revenues of $150 million, but the acquisition now looks like it could pay off handsomely. The search giant wrapped up the $3.1 billion deal yesterday after it received approval from regulators in the European Union (see story). Many believe that Google will be […]
Popularity: 69% [?]
12Mar2008 | Justin Kuepper | 0 comments | ContinuedTime for a Spin-Off (TWX, TWC)
Time Warner Inc. (NYSE: TWX) appears to finally be tuning into the idea of a spin off of its cable division. The media company has been conducting a formal review of how to divest its 84% stake in Time Warner Cable (NYSE: TWC), but depressed cable valuations have somewhat limited its options. Interestingly, the proposed […]
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12Mar2008 | Justin Kuepper | 0 comments | ContinuedIs Boeing Being Hypocritical? (BA, NOC)
The Boeing Company (NYSE: BA) isn’t happy about the U.S. Air Force’s recent decision to award European competitor Northrop Grumman (NYSE: NOC) with a major military contract and it is throwing a very public fit. The aerospace company called the competition for its air tanker contract “seriously flawed” and even so far as to say […]
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11Mar2008 | Justin Kuepper | 0 comments | ContinuedIs Target Too Aggressive with Credit? (TGT)
Target Corporation (NYSE: TGT) may be a little too loose with its money after it ended the fourth quarter with $8.62 billion in outstanding loans on its consumer credit card division. The attitude of invincibility has many analysts and investors worried at a time when other credit card issuers like American Express (NYSE: AXP) are […]
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11Mar2008 | Justin Kuepper | 0 comments | ContinuedBuild-A-Bear Fails to Build-A-Value (BBW)
Build-A-Bear Workshop, Inc. (NYSE: BBW) shareholders may have to build their value somewhere else. The interactive entertainment retailer announced today that tightened credit markets and a weak retail environment prevented it from pursuing the strategic alternative that so many investors were expecting - a sale. Instead, the company opted to double its share repurchase program […]
Popularity: 33% [?]
11Mar2008 | Justin Kuepper | 0 comments | ContinuedDon’t Bank on a Countrywide Purchase (CFC, BAC)
Countrywide Financial Corp (NYSE: CFC) shares are down significantly on reports it is being investigated by the Federal Bureau of Investigation for securities fraud, specifically whether it didn’t disclose its true financial condition and the poor quality of its mortgage loans in required regulatory filings. This new FBI investigation is in addition to SEC and […]
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10Mar2008 | Justin Kuepper | 0 comments | Continued
