Question-and-Answer SessionOperator Operator Instructions Your first question comes from Todd Mitchell – Kaufman Brothers. Todd Mitchell – Kaufman Brothers I was wondering if you could flush out some more information on the recent announcement with BSkyB. What does it exactly mean in terms of the licensing and the exploring...
Each week I track which stocks are moving in and out of the top 25 Magic Formula Stocks for companies with a minimum market cap of 50 and 2000 million. Here are the moves for the week ended 2-28-09:
Top 25/50 Million:
In:
Allied Healthcare International, Inc (AHCI)
COMSYS IT Partners, Inc. (CITP)
Deckers Outdoor Corp (DECK)
Foster Wheeler AG (FWLT)
The [...]
OpenTV Corp. (NDAQ: OPTV) received a proposal from an activist investor that shareholders may want to consider. Discovery Equity Partners proposed that the firm undertake a Dutch Auction Tender Offer to repurchase at least $30 million of common stock. The hedge fund believes that this action will help to unlock substantial value in the company’s stock price that has been falling in recent weeks. Discovery backed their proposal with four key facts: The current cash balance of almost $100 million far exceeds the amount necessary to run the business. The current level of cash is well outside the bounds of normal business practices for comparable firms. Retaining cash for potential acquisitions threatens to distract[More...]
Companies that could issue positive surprises include Becton, Dickinson and Company (BDX), SucessFactors (SFSF) and Sunoco (SUN). Penn Virginia Corporation (PVA) could potentially disappoint investors. The Week's Events November has historically been one of the best months for the major markets, according to the[More...]
Last Saturday I posted some stocks I would be watching for Potential trend trades those stocks are in the table below. As much as I liked some of the setups, I did not expect the group to do as well as they did. The average stock on the list gained over 8
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