Blockbuster was once the biggest name in video rentals, but it has been unable to keep up with changes in the market created by companies such as Netflix (NFLX) and Redbox.
When we think of Diamond Foods we think of nuts, edible nuts. Diamond's two main brands are Diamond and Emerald. It produces all kinds of nut products for cooking and eating. Among them are almonds, Brazil nuts, hazelnuts, pecans, pine nuts and peanuts. The product line also includes microwave popcorn and potato chips.
EXPE opened this morning at $23.50. So far today the stock has hit a low of $22.74 and a high of $23.55. As of 12:05, EXPE is trading at $23.11 up 0.68 (3.0%). The chart for EXPE looks bullish and S&P gives EXPE a positive 5 STARS (out of 5) strong buy ranking.
Much has been written about rare earth metals. They are used in electronics, batteries and specialized magnets. China controls more than 90% of rare earth production and has put a ban on exports of the minerals.
The largest miner of rare earths outside China is Molycorp (MCP), a U.S.-based company. The company mines lanthanide and molydenum. Lanthanides include cerium, lanthanum and yttrium. These exotic elements are used in cell phones, computers, X-ray film and TV glass.
Texas Instruments is a market leader in digital signal processors (DSP)s. DSPs are found in wireless phones, DVD players, automotive systems and computer modems. They also make logic chips, microprocessors, microcontrollers, display components and calculators.
National Semiconductor offers a variety of integrated circuits (IC)s, especially analog and mixed signal chips. The analog chips transform physical information -- light, sound, pressure and radio waves into data that a computer can use. National's chips are in a host of wireless communications, networking, medical, solar, automotive and industrial applications.
Not only is it difficult to find out who owns a stake in Facebook, it is equally difficult to ascertain the value of the company. The numbers keep going up and up. For example, Microsoft (MSFT) invested $240 million when the company was valued at $15 billion.
Interpublic (INPGP), the advertising conglomerate, bought 1/2% of Facebook for $5 million, in 2006. As the value of the company went up, so did Interpublic's investment. When the Facebook investment appreciated, Interpublic was forced to disclose the information to the SEC, as reported in the Financial Times.
Salesforce.com (CRM) provides applications that manage customer information for sales, marketing and customer support. It has a customer base of approximately 85,000 clients. Its service provides sales leads, maintaining customer information and tracking customer interactions.
Intuit (INTU) caters to small businesses with its QuickBooks and TurboTax software. As well, it provides payroll and financial software for small businesses. The company has about 50 million users of its products.
Teva Pharmaceuticals (TEVA - option chain) shares are rising after the company announced it has signed an agreement with Proctor & Gamble (PG) to create a partnership that will combine both companies' over-the-counter medicine divisions. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on TEVA.
TEVA opened Thursday morning at $50.13. In morning trading, the stock hit a low of $49.86 and a high of $50.59. As of 12:20, TEVA was trading at $50.58 up $1.46 (3.0%). The chart for TEVA looks bullish and S&P gives TEVA a positive 4 stars (out of 5) buy ranking.
With a name like Drugstore.com (DSCM), there is little doubt what the company does. Unfortunately, the stock price has been miserable since the dot-com bust. All in all, it has remained in the low single digits. Then again, the company has had to deal with tough rivals, like Amazon.com (AMZN).
Charles Schwab (SCHW) has announced its decision to acquire optionsXpress (OXPS) in a friendly all-stock deal. This deal will help Schwab compete with other firms like E-Trade (ETFC), Ameritrade (AMTD), and Bank of America (BAC), which all have large online brokerage services and are vying to provide investors with the best tools and services.
The deal, which is expected to close by the third quarter of 2011, will cost Schwab $1 billion, and the company will issue 60 million new shares to swap each outstanding share of optionsXpress with 1.02 of its own shares. Our $19.74 price estimate for Charles Schwab is at a premium of almost 12% to its current market value.
BJ's Wholesale club (BJ - option chain) shares rose Tuesday on news that private-equity firm Leonard Green & Partners has signed a confidentiality agreement with BJ's to discuss a possible buyout. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on BJ.
The stock opened Tuesday morning at $48.20. In morning trading, the stock hit a low of $47.14 and a high of $48.73. As of 12:15, BJ was trading at $48.55 up 2.03 (4.4%). The chart for BJ looks bullish and S&P gives BJ a positive 4 STARS (out of 5) buy ranking.
Founded in 1999, Shutterfly (SFLY) is a dot-com survivor. In fact, the value of this photo site is now about $1.2 billion.
So why not pull off a big deal? Well, this week, Shutterfly agreed to pay $333 million for Tiny Prints. The transaction is a blend of stock and cash.
Founded in 2004, Tiny Prints operates two main websites: Tiny Prints and Wedding Paper Divas. They essentially provide personalized stationary, photo books and invitations. Moreover, the company has been effective in integrating with Facebook.
An invasion of U.S. oil fields by Asian buyers is happening. Recently, companies from Korea, China and India have bought land in the oil-rich states of Texas, Colorado and Wyoming, according to Reuters.
In one of the biggest land deals, Korea National Oil (KNOC) bought one-third of Anadarko Petroleum's (APC) land holdings in South Texas for $1.55 billion. The purchase of 80,000 acres is located in the Eagle Ford Shale section, which is believed to have rich deposits of oil, natural gas and liquids, according to Reuters. KNOC also will receive 16,000 acres in the Pearsall Shale in South Texas.
While he could have retired many years ago, Berkshire Hathaway's (BRK.B) Warren Buffett continues to act like he's in his prime. Hey, perhaps at 80 years old, he is in his prime.
This week, Buffett is visiting South Korea. Of course, he likes the growth prospects of the country and has the cash to pull off some deals there.
Interestingly enough, Buffett was planning on visiting Japan but he had to cancel the trip. Yet he did mention that the country is a great place to invest.
The nice thing about stock options is leverage. This is often magnified when there is a buyout, when there is usually a hefty premium.
Ironically enough, OptionsXpress (OXPS) would have been a nice options play today as the stock price is up about 15%. You see, Charles Schwab Corp. (SCHW) has agreed to shell out $1 billion for the company.