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.

Continue reading BJ's Wholesale Exploring Buyout Possibilites

BJ's Wholesale Exploring Buyout Possibilites originally appeared on BloggingStocks on Tue, 22 Mar 2011 14:00:00 EST. Please see our terms for use of feeds.

Option volume has ramped up today on KeyCorp (KEY), with activity rising well beyond the usual level on both the call and put side of the tape. Taking a closer look at some of the major block trades on this regional banking issue, it appears that a single spread strategist is responsible for a healthy portion of this option volume.

Specifically, the trader purchased a block of 10,000 June 10 calls for $0.50 each, and simultaneously sold 10,000 June 8 puts for $0.25 each. The result was a net debit of $0.25 per pair of contracts -- which means the speculator can begin collecting profits on those purchased calls if KEY rallies beyond $10.25 by June expiration.

Continue reading Buyout Buzz Inspires Bullish KeyCorp Spread

Buyout Buzz Inspires Bullish KeyCorp Spread originally appeared on BloggingStocks on Thu, 03 Mar 2011 17:00:00 EST. Please see our terms for use of feeds.

Shares of Anadarko Petroleum (APC) gapped higher right out of the gate Thursday morning, thanks to a report that BHP Billiton (BHP) may be eyeing the firm as a potential takeover target. According to the U.K.'s Daily Mail, BHP could be prepping an offer worth $90 per share to acquire Anadarko. However, neither company has issued a formal response to the speculation.

After jumping to a new annual high of $76.50 bright and early Thursday morning, APC is on pace to notch a weekly finish atop the $70 level for the first time since April 23. In fact, if the shares can maintain their positive momentum through Friday's close, the shares could stage their first weekly victory north of $75 since June 2008.

Continue reading Anadarko Petroleum Bounces Higher on Buyout Buzz

Anadarko Petroleum Bounces Higher on Buyout Buzz originally appeared on BloggingStocks on Thu, 30 Dec 2010 11:00:00 EST. Please see our terms for use of feeds.

Continue reading Aeropostale Prepares to Fight Takeover Bids

Aeropostale Prepares to Fight Takeover Bids originally appeared on BloggingStocks on Thu, 16 Dec 2010 12:40:00 EST. Please see our terms for use of feeds.

J. Crew Group (JCG) was nearly 17% higher Tuesday morning thanks to rumors of a potential buyout.

The Wall Street Journal (subscription required) reported that a pair of private equity firms are closing in on a deal to purchase J. Crew for $43.50 per share cash, or $3 billion. One of the potential new owners is TPG Capital, a former owner of the company. TPG would hold a 75% stake in the company, with LA-based Leonard Green & Partners owning the remaining 25%. TPG previously owned an 88% stake in JCG in 1997.

Continue reading J. Crew Rallies on Buyout Rumors

J. Crew Rallies on Buyout Rumors originally appeared on BloggingStocks on Tue, 23 Nov 2010 11:00:00 EST. Please see our terms for use of feeds.

Continue reading EMC Lifted by Buyout Rumors

EMC Lifted by Buyout Rumors originally appeared on BloggingStocks on Thu, 14 Oct 2010 14:00:00 EST. Please see our terms for use of feeds.

Early Monday morning, trading was halted on Gymboree (GYMB) after an announcement that Bain Capital Partners would acquire the children's clothing company. Reportedly, the definitive agreement calls for Bain to pay $65.40 per share for Gymboree, or $1.8 billion.

According to the terms of the agreement, Gymboree stockholders will receive $65.40 cash for each outstanding share of Gymboree common stock owned. This price is a 57.4% premium to Gymboree's share price on September 30, 2010 -- the date that takeover rumors began. And the $65.40 is a 23.5% premium over Friday's closing price of $52.95.

Continue reading Bain Capital to Acquire Gymboree

Bain Capital to Acquire Gymboree originally appeared on BloggingStocks on Mon, 11 Oct 2010 11:30:00 EST. Please see our terms for use of feeds.

Continue reading Potash Mulling Break-Up

Potash Mulling Break-Up originally appeared on BloggingStocks on Mon, 11 Oct 2010 09:40:00 EST. Please see our terms for use of feeds.

Continue reading Which Tech Buyouts Are Next After 3Par?

Which Tech Buyouts Are Next After 3Par? originally appeared on BloggingStocks on Mon, 30 Aug 2010 16:50:00 EST. Please see our terms for use of feeds.

Continue reading Genzyme Rejects Sanofi-Aventis's Buyout Proposal

Genzyme Rejects Sanofi-Aventis's Buyout Proposal originally appeared on BloggingStocks on Mon, 30 Aug 2010 10:00:00 EST. Please see our terms for use of feeds.

Bit of a surprise in the tech sector Thursday morning, as Intel (INTC) announced that it will purchase Internet-security firm McAfee (MFE) for the tidy sum of $7.68 billion.

This move comes as a bit of a surprise, as some analysts and investors believe the acquisition shows the importance that computing firms are applying to security. Intel noted that more "elements of our lives have moved online," meaning that security will become a "third pillar of what people demand from all computing experiences." Intel said that the deal "elevates focus on security on par with energy-efficient performance and connectivity." Bottom line: Intel wants to protect customers who are taking advantage of our new online lifestyle.

Continue reading Intel to Purchase McAfee

Intel to Purchase McAfee originally appeared on BloggingStocks on Thu, 19 Aug 2010 12:30:00 EST. Please see our terms for use of feeds.

With no end in sight to the undersea oil gusher in the gulf and mounting

Some say that things could get even worse as the blowout on the ocean floor continues to wreak havoc and the price tag continues to mount. But many others say the sell-off is overdone, and that investors would be wise to buy shares at what could be bargain valuations.

Continue reading Three Companies That Could Buy Out a Battered BP

Three Companies That Could Buy Out a Battered BP originally appeared on BloggingStocks on Wed, 02 Jun 2010 09:40:00 EST. Please see our terms for use of feeds.

Several takeover rumors cropped up this morning. One of those is that RadioShack (RSH) is in the sights of many possible suitors. Those suitors include Blackstone Group (BX), Kohlberg Kravis Roberts, Bain Capital, TPG, and potentially Best Buy (BBY).

These rumors had the shares trading higher this morning, which is really a continuation of RSH's longer-term trend. Since March 2009, RSH has trekked steadily higher, overtaking the 10-month moving average in the process. That said, the stock is stuck just below the $23 level.

Continue reading Is RadioShack Ready for a Takeover?

Is RadioShack Ready for a Takeover? originally appeared on BloggingStocks on Tue, 01 Jun 2010 12:00:00 EST. Please see our terms for use of feeds.

There's been a lot of chatter lately about a potential buyout for Palm Inc. (PALM), with various reports pointing to HTC and Lenovo as possible suitors for the parent of the Pre and Pixi smartphones. However, one long-term option trader on Monday placed a confident bet against a white-knight bid for PALM by opening a sizable, out-of-the-money put position on the equity.

Around midday Monday, a block of 6,500 contracts slipped across the tape on PALM's January 2011 2.50 put, which is currently out of the money by about three points. These puts changed hands at the ask price of $0.25, suggesting they were purchased.

Continue reading Options Bear Places Massive Bet Against Palm

Options Bear Places Massive Bet Against Palm originally appeared on BloggingStocks on Tue, 13 Apr 2010 12:30:00 EST. Please see our terms for use of feeds.

Continue reading No Bargains in Private Equity, Unlike 2001

No Bargains in Private Equity, Unlike 2001 originally appeared on BloggingStocks on Mon, 01 Mar 2010 15:10:00 EST. Please see our terms for use of feeds.

Continue reading Mega-Buyout Funds Poised for Growth

Mega-Buyout Funds Poised for Growth originally appeared on BloggingStocks on Fri, 15 Jan 2010 10:30:00 EST. Please see our terms for use of feeds.

Diedrich Coffee (DDRX) continues to be the belle of the ball in the caffeinated beverage sector. Green Mountain Coffee Roasters (GMCR) Wednesday hiked its offer to acquire Diedrich, raising the bid from $32 per share to $35 in cash. The deal's total value now stands at $290 million.

"We are eager to start realizing the benefits of this transaction for our shareholders as quickly as possible, and therefore after careful deliberation, we determined to enhance our proposal to $35.00 per Diedrich share," explained Lawrence J. Blanford, CEO of Green Mountain Coffee.

Continue reading Diedrich Coffee taps 12-year high as bidding war heats up

Diedrich Coffee taps 12-year high as bidding war heats up originally appeared on BloggingStocks on Wed, 02 Dec 2009 12:20:00 EST. Please see our terms for use of feeds.

Continue reading Will Kraft dump assets to sweeten the Cadbury bid?

Will Kraft dump assets to sweeten the Cadbury bid? originally appeared on BloggingStocks on Tue, 15 Sep 2009 16:40:00 EST. Please see our terms for use of feeds.

Continue reading VMware acquires SpringSource

VMware acquires SpringSource originally appeared on BloggingStocks on Tue, 11 Aug 2009 09:30:00 EST. Please see our terms for use of feeds.

Tibco Software (NASDAQ: TIBX - option chain) shares are rising today on reports from Swiss newspaper NZZ am Sonntag that SAP AG (NYSE: SAP) is considering an acquisition of the company. 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 TIBX.

TIBX opened this morning at $9.53. So far today the stock has hit a low of $9.16 and a high of $9.87. As of 11:35, TIBX is trading at $9.42 up 0.95 (11.2%). The chart for TIBX looks bullish and S&P gives TIBX a positive 4 STARS (out of 5) buy ranking.

Continue reading Tibco Software (TIBX) a rumored buyout target

Tibco Software (TIBX) a rumored buyout target originally appeared on BloggingStocks on Mon, 10 Aug 2009 12:40:00 EST. Please see our terms for use of feeds.