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[Target: a retailer and a REIT]]>http://www.bloggingstocks.com/2009/07/28/target-a-retailer-and-a-reit/http://www.bloggingstocks.com/2009/07/28/target-a-retailer-and-a-reit/http://www.bloggingstocks.com/2009/07/28/target-a-retailer-and-a-reit/#commentsFiled under: ,

Target Corporation (NYSE: TGT) has raised the ire of activist investor Bill Ackman a few times over the years, to little effect. Target, which owns roughly 85% of the real estate under its stores, owns more than just discount locations. It's estimated that Target's real estate holdings alone are worth $30 billion. That's on top of the $50+ billion it makes every fiscal year in revenue. Does Target's share price reflect that fact?

Continue reading Target: a retailer and a REIT

Target: a retailer and a REIT originally appeared on BloggingStocks on Tue, 28 Jul 2009 16:50:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>Bill AckmanBillAckmanPershing SquarePershingSquareTarget Corp.Target storesTargetCorp.TargetStoresTGTTue, 28 Jul 2009 16:50:00 EST<![CDATA[Bill Ackman lines up new board against Target's current one]]>http://www.bloggingstocks.com/2009/05/12/bill-ackman-lines-up-new-board-against-targets-current-one/http://www.bloggingstocks.com/2009/05/12/bill-ackman-lines-up-new-board-against-targets-current-one/http://www.bloggingstocks.com/2009/05/12/bill-ackman-lines-up-new-board-against-targets-current-one/#commentsFiled under: ,

Longtime Target Corporation (NYSE: TGT) supporter and share activist Bill Ackman has finally had enough. Not content with Target's board and wishful thinking that the retailer's fortunes will turn around any time soon, Ackman wants to replace at least four board members on Target's board. Ackman says his picks have the needed expertise in retail, credit card operations and real estate.

Continue reading Bill Ackman lines up new board against Target's current one

Bill Ackman lines up new board against Target's current one originally appeared on BloggingStocks on Tue, 12 May 2009 17:15:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>Bill AckmanBillAckmaninthenewsTarget Corp.Target managementTarget stockTargetCorp.TargetManagementTargetStockTGTTue, 12 May 2009 17:15:00 EST<![CDATA[Closing Bell: Techs decide to participate with St. Patrick's Day in rally (AA, AAPL, CSCO, DELL, DD, GS, TGT)]]>http://www.bloggingstocks.com/2009/03/17/closing-bell-techs-decide-to-participate-with-st-patricks-day/http://www.bloggingstocks.com/2009/03/17/closing-bell-techs-decide-to-participate-with-st-patricks-day/http://www.bloggingstocks.com/2009/03/17/closing-bell-techs-decide-to-participate-with-st-patricks-day/#commentsFiled under: , , , , , ,

Today was an odd day as the market rose, but not for many of the reasons we might have thought about yesterday. The FOMC meeting hardly got any notice. Housing starts came in at a gain rather than at a drop, as was expected, and Producer Prices show almost no real signs of wholesale inflation. The other issue in today's rally is that it was not led by financial leaders. Technology enjoyed an up-day after getting a St. Patrick's Day memo and decided to show up in green. Here are today's unofficial closing bell levels:

Dow 7,395.78 +178.81 (2.48%)
S&P 500 778.09 +24.20 (3.21%)
Nasdaq 1,462.11 +58.09 (4.14%)

Top Analyst Calls

Continue reading Closing Bell: Techs decide to participate with St. Patrick's Day in rally (AA, AAPL, CSCO, DELL, DD, GS, TGT)

Closing Bell: Techs decide to participate with St. Patrick's Day in rally (AA, AAPL, CSCO, DELL, DD, GS, TGT) originally appeared on BloggingStocks on Tue, 17 Mar 2009 16:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bill ackmanBillAckmanduPontmeredith whitneyMeredithWhitneyoppenheimerTue, 17 Mar 2009 16:00:00 EST<![CDATA[Chasing Value: MBIA earnings, stock and litigation up]]>http://www.bloggingstocks.com/2008/08/11/chasing-value-mbia-earnings-stock-and-litigation-up/http://www.bloggingstocks.com/2008/08/11/chasing-value-mbia-earnings-stock-and-litigation-up/http://www.bloggingstocks.com/2008/08/11/chasing-value-mbia-earnings-stock-and-litigation-up/#commentsFiled under: , , , , , ,

After a rather nasty stock slide in earnings, share price and reputation MBIA Inc. (NYSE: MBI), the holding company for MBIA Insurance, has finally reported good news for its depressed investors; for the second quarter of 2008 the company's net income was $1.7 billion, or $7.14 per share, an improvement, compared with $211.8 million, or $1.61 per share for the corresponding period of 2007(see more earnings news).

MBIA is generating revenue from existing business but new business has been harder to come by since Moody's and Standard & Poors both downgraded the company from a financial rating of AAA to AA.

Since I recommended the stock on July 29, 2008 it is up 74% rising from $4.92 to the close last Friday of $8.57. It is trading mid-day at $8.80. I will update after todays close.

In other news the company has also announced a law suit against Bill Ackman who shorted the stock and made many public claims that MBIA was destined to become insolvent. MBIA (MBI) And Ackman: Killing The Messenger.


Continue reading Chasing Value: MBIA earnings, stock and litigation up

Chasing Value: MBIA earnings, stock and litigation up originally appeared on BloggingStocks on Mon, 11 Aug 2008 14:41:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Bill AckmanBillAckmanchasing valueChasingValuefeaturedMBIMBIA earningsMBIA IncMbiaEarningsMbiaIncSheldon LiberSheldonLiberMon, 11 Aug 2008 14:41:00 EST