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Turnarounds

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Talbots Attempts a Turnaround (TLB)

Talbots Inc. (NYSE: TLB) announced yesterday that it lost money in the fourth quarter due to a drop in same store sales and charges from the acquisition of J. Jill stores in an 8-K filing with the SEC. For the fourth quarter, Talbots lost over $171 million or $3.23 per share compared to a basically […]

Popularity: 69% [?]

13Mar2008 | Justin Kuepper | 0 comments | Continued
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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
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Sleepless Investors Demand Change (SCSS)

Select Comfort Corp. (NDAQ: SCSS) may help its customers sleep well at night, but many of its shareholders are definitely losing sleep on with stock’s performance. The mattress-maker saw its shares drop over eight percent today after one of its largest shareholders sent a letter to the board demanding changes in a Schedule 13D filing […]

Popularity: 55% [?]

10Mar2008 | Justin Kuepper | 0 comments | Continued
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Want to Undercut Warren Buffett? (KFT)

Kraft Foods Inc. (NYSE: KFT) is one of Warren Buffett’s most recent investments and shares are now trading just off their 52-week lows. This means that the average investor now has the opportunity to invest alongside the Oracle of Omaha at an even better price. Shares in the packaged food company rose substantially after its […]

Popularity: 20% [?]

10Mar2008 | Justin Kuepper | 0 comments | Continued
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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
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Wal-Mart Attracts the Bargain Shoppers (WMT)

Wal-Mart Stores, Inc. (NYSE: WMT) reported spectacular results this quarter despite disappointing results from its peer group. The world’s largest retailer posted same-store sales number up 2.6% as shoppers tighten their wallets and target the cheaper options. The trend may seem predictable to the average person, but many analysts were caught off-guard with their estimates. […]

Popularity: 21% [?]

6Mar2008 | Justin Kuepper | 0 comments | Continued
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Icahn Confident in Victory this Time ‘Round (MOT)

Motorola, Inc. (NYSE: MOT) warned shareholders today that it has not endorsed activist investor Carl Icahn’s nominees for its board as the troubled company’s annual meeting approaches. However, a growing number of dissident shareholders alongside a plummeting stock price has his odds of a successfully proxy campaign running pretty high. Motorola shares nearly halved since […]

Popularity: 37% [?]

6Mar2008 | Justin Kuepper | 0 comments | Continued
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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
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Can E*Trade Really Turn Around? (ETFC)

E*Trade Financial Corporation (NDAQ: ETFC) shares dropped more than 12 percent today after newly appointed chief executive Donald Layton announced that there are no plans to sell or break up the troubled online brokerage in an 8-K filing with the SEC. The troubled firm likely experienced some difficulty attracting a buyer with some $12 billion […]

Popularity: 21% [?]

4Mar2008 | Justin Kuepper | 0 comments | Continued
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Ackman Vs. Whitman (MBI)

Bond insurers MBIA, Inc. (NYSE: MBI) seem to be dropping like rocks, but that isn’t deterring respected value investor Martin Whitman’s Third Avenue Funds from increasing its stake in the company. The move pits him directly against the famous activist investor Bill Ackman’s Pershing Square, which has taken an aggressive short position in the bond […]

Popularity: 31% [?]

4Mar2008 | Justin Kuepper | 0 comments | Continued
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