Positions - Page 6

Clorox releases earnings under shadow of Icahn (CLX)

Clorox Co (NYSE: CLX) has recently found itself in the position of being activist shareholder Carl Icahn's latest target. Earlier in July, the famed investor made an offer to buy the company for $10 billion. Clorox rejected Icahn's initial offer. Clorox is officially saying “no way” to the billionaire investor’s offer to buy the company for ... read more

Tweet

Positions Frank on 7 Aug 2011
Can Research in Motion's new phones reverse its plummeting stock price? (RIMM)

Research in Motion (NASDAQ: RIMM) shareholders have had a rough year, as the following chart from Google Finance shows: Much of the decline in the company's share price has been the result of the perception that RIMM's products lag behind its competition. On Wednesday (8/3), the company unveiled five new handsets that it hopes will close ... read more

Tweet

Positions Frank on 7 Aug 2011
Covestor model holding Activision Blizzard successful in combining digital and retail strategies (ATVI, AAPL)

Activision Blizzard Inc (NASDAQ: ATVI), the video game publisher recently released its Q2 earnings and according to MarketWatch: The Santa Monica, Calif.-based company reported a second-quarter profit of $335 million, or 29 cents a share, compared with a profit of $219 million, or 17 cents a share, for the year-earlier period. Revenue was $1.15 billion, ... read more

Tweet

Positions Frank on 6 Aug 2011
Netflix has consistently beat expectations (NFLX)

Tom Brakke, on his blog Research Puzzle Pix, recently published this chart, showing the price of Netflix Inc (NASDAQ: NFLX) versus its average analyst price target over the last six years (data provided by Bloomberg): Brakke notes that this pattern is uncommon, as analysts tend to become overly exuberant and raise their targets ahead of ... read more

Tweet

Positions Frank on 3 Aug 2011
Archer Daniels Midland earnings hit by corn prices (ADM)

Archer Daniels Midland Company (NYSE: ADM) is a vertically integrated agriculture conglomerate, with operations in procurement, transport, storage, processing and merchandising of a wide array of aggricultural commodities. The company recently reported its Q2 earnings: [ADM] today reported net earnings for the fiscal year ended June 30, 2011, of $ 2.0 billion and record segment operating ... read more

Tweet

Positions Frank on 3 Aug 2011
Eagle Portfolio holding McGraw-Hill faces pressure from activist investors (MHP)

The McGraw-Hill Companies, Inc. (NYSE: MHP) is a diversified global information services provider with holdings in digital media, printed books and magazines, and bond ratings (through its Standard & Poor's subsidiary). The company recently came under attack by The Ontario Teachers' Pension Fund and JANA Partners LLC, a New York-based activist hedge fund. According to ... read more

Tweet

Positions Frank on 2 Aug 2011
Will Ford's 1.2 million vehicle recall hurt the stock? (F)

Ford Motor Company (NYSE: F) recently announced a recall of 1.2 million pickup trucks sold in the United States from 1997 - 2004. According to the Globe and Mail: The recall affects Ford F-150 full-size pickups from model years 1997 through 2004, F-250 pickups of less than 8,500 pounds from model years 1997 through 1999 ... read more

Tweet

Positions Frank on 2 Aug 2011
Whole Foods Market reports strong top-line growth, optimistic forecast; holding of these two Covestor models (WFM)

Whole Foods Market, Inc. (NASDAQ: WFM) is a natural and organic foods supermarket, with 309 stores located in the United States, Canada and the United Kingdom. The company recently reported its Q3 earnings, showing robust sales growth, both on an absolute and same store sales basis. Sales for the quarter increased 11% to $2.4 billion. ... read more

Tweet

Positions Frank on 31 Jul 2011
Recovery signal? Jim Roberts' holding CBG reports strong revenue growth (NYSE: CBG)

CB Richard Ellis Group (NYSE: CBG) is a commercial real estate services company offering a range of services to occupiers, owners and investors worldwide, via more than 300 offices. The company recently released its Q2 earnings, showing a 21% increase in revenue, despite the lackluster market for residential and commercial real estate. Despite continued uncertainty ... read more

Tweet

Positions Frank on 29 Jul 2011
O'Reilly Automotive may have benefited from the recession (ORLY)

O’Reilly Automotive, Inc. (NASDAQ: ORLY) is a specialty retailer of automotive aftermarket parts, tools, supplies, equipment and accessories in the United States, selling its products to both do-it-yourself (DIY) customers and professional service providers. The company recently released its Q2 2011 earnings. According to The Wall Street Journal, O'Reilly Automotive Inc.'s (ORLY) second-quarter earnings ... read more

Tweet

Positions Frank on 29 Jul 2011