Blog Network

Rumors

post thumbnail

Bear 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 | Continued
post thumbnail

WaMu Rises on Buffett Rumors (WM, GS, WFC)

Washington Mutual, Inc. (NYSE: WM) shares rose today on speculation that Warren Buffett and Goldman Sachs (NYSE: GS) may be preparing to invest in the company. Shares jumped nearly 20 percent yesterday and continued their rise today after falling to a 12-year low earlier in the week. Many investors believe that the cash-rich Buffett may […]

Popularity: 85% [?]

12Mar2008 | Justin Kuepper | 0 comments | Continued
post thumbnail

Activist Demands Vaalco Sale (EGY)

Vaalco Energy Inc. (NYSE: EGY) shares were revitalized today after the company’s largest shareholder demanded a sale in a Schedule 13D filing with the SEC. The news comes after shares in the company fell around 30% in 2007 compared to a 45% rise in its peer group during the same period. Meanwhile, the company’s expenditures […]

Popularity: 33% [?]

12Mar2008 | Justin Kuepper | 0 comments | Continued
post thumbnail

Time 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 […]

Popularity: 37% [?]

12Mar2008 | Justin Kuepper | 0 comments | Continued
post thumbnail

Is 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 […]

Popularity: 23% [?]

11Mar2008 | Justin Kuepper | 0 comments | Continued
post thumbnail

Build-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 | Continued
post thumbnail

Analyzing a Sprint Spin-Off (S, T, VZ)

Sprint Nextel Corporation (NYSE: S) shares rose sharply today after the rumor mill shifted into over-drive and suggested that the company may be interested in spinning off Nextel. The speculation stems from the fact that the telecom company will likely have to write-off most of the remaining $30.7 billion in non-cash goodwill value from its […]

Popularity: 27% [?]

7Mar2008 | Justin Kuepper | 0 comments | Continued
post thumbnail

Sunnier Skies for Blackstone? (BX)

The Blackstone Group (NYSE: BX) has fallen sharply from its peak of $38/share all the way down to its current level of around $15/share over the last year. Analysts are now saying that the $100 billion private equity fund could earn less than half of what was expected during the fourth quarter thanks to increasing […]

Popularity: 32% [?]

7Mar2008 | Justin Kuepper | 1 comment | Continued
post thumbnail

Many Interested in Buying Spanish Broadcasting (SBSA)

Spanish Broadcasting System, Inc. (NDAQ: SBSA) directors are starting to feel the heat after a large shareholder criticized the company’s stock performance and governance while promising to take action if things do not improve, according to a Schedule 13D filing with the SEC. Discovery Group, which owns a 9.8 percent stake, sent a letter to […]

Popularity: 46% [?]

6Mar2008 | Justin Kuepper | 0 comments | Continued
post thumbnail

Circuit City Faces the Music (CC)

Circuit City Stores, Inc. (NYSE: CC) directors may be forced to fight for their job after a major shareholder proposed an ouster of the entire board in a Schedule 13D/A filing with the SEC. Mark Wattles’ Wattles Capital Management, which owns a 6.5 percent stake, also proposed to repeal any bylaw amendments or new bylaws […]

Popularity: 27% [?]

4Mar2008 | Justin Kuepper | 0 comments | Continued
Older Entries