BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[The week in preview: A peek at apparel retail earnings]]>http://www.bloggingstocks.com/2009/05/10/the-week-in-preview-a-peek-at-apparel-retail-earnings/http://www.bloggingstocks.com/2009/05/10/the-week-in-preview-a-peek-at-apparel-retail-earnings/http://www.bloggingstocks.com/2009/05/10/the-week-in-preview-a-peek-at-apparel-retail-earnings/#commentsFiled under: , ,

As earnings season begins to wind down, some apparel retailers are scheduled to report quarterly results this week. Analysts polled by Thomson Reuters anticipate that Walmart Stores Inc. (NYSE: WMT), the 800-pound gorilla in the space, will report that it earned $0.77 per share in the first quarter, about the same as in the first quarter of last year. But JCPenney Co. (NYSE: JCP), Kohl's Corp. (NYSE: KSS), Nordstrom Inc. (NYSE: JWN), and Urban Outfitters Inc. (NASDAQ: URBN) are expected to report lower profits for the first quarter as consumers continued to hold off on spending. Macy's Inc. (NYSE: M) and Abercrombie & Fitch Co. (NYSE: ANF) are expected to have swung to a loss year over year.

Whole Foods Market Inc. (NASDAQ: WFMI) and Winn Dixie Stores Inc. (NASDAQ: WINN) are likewise expected to report declining earnings, while the Great Atlantic & Pacific Tea Co. (NYSE: GAP), parent of the A&P supermarket chain, is expected to have narrowed its net loss 68.9% to $0.28 per share.

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The week in preview: A peek at apparel retail earnings originally appeared on BloggingStocks on Sun, 10 May 2009 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Abercrombie FitchABKAgilentAIPCAMATAmbacAmerican Italian PastaAmerican Science and EngineeringAMFAnglogold AshantiApplied MaterialsASEIAUBBIBlockbusterClearwireCLWRDISHDISH NetworkDPSDr PepperearningsfeaturedFLRFluorFOSLFossilGAPGreat AtlanticJCPJCPenneyJWNKohlsKSSMacysMBIMBIANordstomPCLNPricelineSNESonyStanleySXETidewaterUrban OutfittersURBNWal-MartWalmartWarner ChilcottWCRXWESWestern Gas PartnersWFMIWhole FoodsWINNWinn DixieWMTSun, 10 May 2009 12:30:00 EST<![CDATA[Tradedoubler's bid nearning an end; AOL free to go elsewhere]]>http://www.bloggingstocks.com/2007/03/13/tradedoublers-bid-nearning-an-end-aol-free-to-go-elsewhere/http://www.bloggingstocks.com/2007/03/13/tradedoublers-bid-nearning-an-end-aol-free-to-go-elsewhere/http://www.bloggingstocks.com/2007/03/13/tradedoublers-bid-nearning-an-end-aol-free-to-go-elsewhere/#commentsFiled under: , , ,

Tomorrow will mark the expiration (March 14) of the buyout offer for Tradedoubler by Time Warner's (NYSE:TWX) AOL. As a reminder, AOL had offered 215 Swedish Kroners per share and it had been approved by the board of Tradedoubler, but a band of large shareholders vowed to fight the bid as inadequate.

This morning Reuters noted that AFA Insurance does not intend to tender its shares. This is after the Alecta and AMF Pension have rejected the offer, and AOL has nowhere near enough votes to acquire the company. What is interesting is that AOL just announced an online ad pact with Gannett's PointRoll unit for media-rich online advertising. By now AOL has probably learned the nuts and bolts of Tradedoubler's business. It also probably doesn't need or want the tax burdens of dealing in Sweden (if you have lived in Scandinavia you will understand).

AOL has telegraphed on numerous times that the company will not increase its offer. So AOL will be able to look for other partners in the sector AND it won't have to spend $900 million for the company. Tradedoubler might have been a great add-on for AOL in content ad management in Europe, but for $900 million Time Warner may be thinking "good riddance." This would have also been expensive since TradeDoubler's valuations are compared as "higher than Google" by European traders.

This was a strange deal because it required a 90% approval to proceed. Most of us can't even reach a 90% consensus in a one-person vote, quite a paradox.

Jon Ogg is a partner in 24/7 Wall St., LLC; he does not own securities in the companies he covers.

Tradedoubler's bid nearning an end; AOL free to go elsewhere originally appeared on BloggingStocks on Tue, 13 Mar 2007 10:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AlectaAMFAOLPointRollTradedoublerTue, 13 Mar 2007 10:45:00 EST