The DISH Network (NASDAQ: DISH ) , Clearwire (NASDAQ: CLWR ) , Sprint (NYSE: S ) , Softbank M&A extravaganza continues to become more confusing and fun to watch. As the CFIUS clears,�the Japanese bank for its proposed acquisition of telecom Sprint, competing bidder DISH, which also has a bid for Clearwire, which is also being bid on by Sprint, has now refocused on its offer for Clearwire, raising it substantially above its competitor's offer. The news has various stock moving in various directions, with Clearwire shareholders the latest winners. If you are trying to play this acquisition merry-go-round, good luck because -- like this paragraph -- the story is all over the place.
Organizing thoughts
In case you haven't been watching this buyout dance, let's recap.
Sprint is a major holder of Clearwire. Clearwire has been a struggling operation for some time now, but it holds very valuable assets -- mainly spectrum. Clearwire uses Sprint financing to maintain operations while it is shopped around -- mainly to Sprint. Clearwire's board wants Sprint to take the prize, though shareholders have argued that the deal undervalues Clearwire shares. There have been proxy battles mounting for some time, led by Crest Financial.
Top 10 Japanese Stocks To Own Right Now: Labrador Tech Inc (LTX.V)
Labrador Technologies Inc. engaged in the research and development, and marketing of data retrieval technology. The company specializes in Data-Flow Management software, which comprises data-plumbing, data-adaptors, data integration, portal solutions, and on-demand data query and reporting applications that helps software vendors, data vendors, and company developers to deliver data to their target audiences by plugging users in and eliminating the need for manual intervention. It offers eTriever, a WebMap-based generic data browser and query tool that provides comprehensive query, reporting, and exporting capabilities to the oil and gas data sectors; and Model-LAB, a development module, which is used to construct Labrador model files by reverse-engineering existing data models and extracting the metadata. The company�s products also include QueryJoiner that allows business users to query data from two or more different servers at the same time, and combine the data into one MS Excel report; and LABengine, a Labrador engine, which implements a high-level query language that permits application developers to write SQL queries. Labrador Technologies Inc. was founded in 1981 and is headquartered in Calgary, Canada.
Top 10 Japanese Stocks To Own Right Now: Hollywood Media Corp.(HOLL)
Hollywood Media Corp. primarily provides advertising services. The company?s Ad Sales segment sells advertising on plasma TV displays; and on lobby display posters, movie brochure booklets, and ticket wallets distributed in cinemas, live theater, and other entertainment venues in the United Kingdom and Ireland. This segment also holds a 26.2% ownership interest in the MovieTickets.com, a seller of online movie tickets. Its Intellectual Properties segment owns or controls the rights to certain intellectual properties created by various authors and media celebrities, which it licenses for book and other media. This segment also owns a 51% interest in Tekno Books, a book development business. The company was founded in 1993 and is headquartered in Boca Raton, Florida.
Best Tech Companies To Invest In Right Now: YRC Worldwide Inc.(YRCW)
YRC Worldwide Inc., through its subsidiaries, provides various transportation services worldwide. The company?s YRC National Transportation unit offers a range of services for the transportation of industrial, commercial, and retail goods, such as apparel, appliances, automotive parts, chemicals, food, furniture, glass, machinery, metal, metal products, non-bulk petroleum products, rubber, textiles, wood, and other manufactured products. It serves manufacturing, wholesale, retail, and government customers. As of December 31, 2009, it had 11704 owned tractors, 1239 leased tractors, 50083 owned trailers, and 3244 leased trailers. Its YRC Regional Transportation unit?s service portfolio includes regional delivery, which comprises next-day local area delivery and second-day services, consolidation/distribution services, protect-from-freezing and hazardous materials handling, and various specialized offerings; expedited delivery, that comprises day-definite, hour-definite, and time definite capabilities; inter-regional delivery; cross-border delivery; and operation of my.yrcregional.com and NewPenn.com, which are e-commerce Websites offering online resources to manage transportation activity. The company?s YRC Logistics units? service portfolio consists of distribution services that include flow through and pool distribution, dedicated warehousing, and value-added services; global services, which comprise international freight forwarding, customs brokerage, and value-added services; and transportation services, such as truckload brokerage, domestic freight forwarding, and transportation management. Its YRC Truckload unit provides customized truckload services on regional and national level through the use of company and team-based drivers. The company was founded in 1924 and is headquartered in Overland Park, Kansas.
Advisors' Opinion:- [By Lisa Levin]
YRC Worldwide (NASDAQ: YRCW) shares climbed 19.05% to $17.82. The volume of YRC Worldwide shares traded was 340% higher than normal. YRC Worldwide reached an agreement to cut debt by $300 million.
Top 10 Japanese Stocks To Own Right Now: Portfolio Recovery Associates Inc.(PRAA)
Portfolio Recovery Associates, Inc., a financial and business service company, engages in the purchase, collection, and management of portfolios of defaulted consumer receivables. It detects, collects, and processes unpaid and normal-course accounts receivables owed primarily to credit grantors, governments, and retailers. The company also acquires receivables of Visa, MasterCard, and other credit cards; private label credit cards; installment loans; lines of credit; bankrupt accounts; deficiency balances of various types; legal judgments, and trade payables from various debt owners, including banks, credit unions, consumer finance companies, telecommunication providers, retailers, utilities, insurance companies, medical groups, hospitals, auto finance companies, and other debt buyers. In addition, it provides fee-based services, including vehicle location, skip tracing, and collateral recovery services for auto lenders, governments, and law enforcement; revenue administra tion, audit, and debt discovery/recovery services for local government entities; and class action claims recovery services and related payment processing services. The company was founded in 1996 and is headquartered in Norfolk, Virginia.
Advisors' Opinion:- [By Chris Hill]
Our analysts explain why they're watching DreamWorks Animation (NASDAQ: DWA ) and Portfolio Recovery Associates (NASDAQ: PRAA ) .
- [By Rich Duprey]
For the first time since going public in 2002, consumer debt purchasing specialist Portfolio Recovery Associates (NASDAQ: PRAA ) announced today it is going to split its stock and will do so by a three-for-one ratio.
- [By John Udovich]
Small cap debt collection stocks like�Asta Funding, Inc (NASDAQ: ASFI), Encore Capital Group, Inc (NASDAQ: ECPG) and Portfolio Recovery Associates, Inc (NASDAQ: PRAA) could be the latest target of a government shakedown or crackdown as the Consumer Financial Protection Bureau said this week that�before it formally proposes any rules for debt collection, it wants to hear how collectors verify borrowers' information and communicate with consumers. In other words, debt collectors could be restricted from using text messages, social media or other Internet-based tools in their pursuit to collect debts. With about one in 10 Americans coming out of the financial crisis with some debt in collection, investing in small cap�debt collection stocks has been profitable for investors. However, there is no timeline for when any new rules might be released for review or come into effect.
- [By Roberto Pedone]
Portfolio Recovery Associates (PRAA) is engaged in the business of purchasing, managing and collecting portfolios of defaulted consumer receivables, as well as offering accounts receivable management and payment services. This stock closed up 3.8% to $54.53 in Monday's trading session.
Monday's Volume: 629,000
Three-Month Average Volume: 435,466
Volume % Change: 50%From a technical perspective, PRAA jumped higher here and broke out above some near-term overhead resistance levels at $53 to $54.62 with above-average volume. This move also pushed shares of PRAA into new 52-week-high territory, which is bullish technical price action. If this breakout holds, then shares of PRAA could be setting up to trend significantly higher.
Traders should now look for long-biased trades in PRAA as long as it's trending above Monday's low of $52.71 to $52 and then once it sustains a move or close above its new 52-week high at $54.93 with volume that hits near or above 435,466 shares. If we get that move soon, then PRAA will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that move are $60 to $65.
Top 10 Japanese Stocks To Own Right Now: OPNET Technologies Inc.(OPNT)
OPNET Technologies, Inc. provides application and network performance management solutions in the United States and internationally. It offers AppCapacity Xpert to provide capacity planning for servers; AppInternals Xpert to extract performance and forensic data; AppMapper Xpert to produce run-time application maps; AppResponse Xpert to monitor and analyze end-user experience for various users and transactions; AppSQL Xpert to track database usage; AppTelemetry Xpert to capture performance information; and AppTransaction Xpert to analyze individual transactions. The company also provides IT Guru Network Planner and SP Guru Network Planner for network capacity planning and design optimization, and validation of network configuration changes; IT Sentinel that offers network configuration integrity and security auditing, and proactive change validation; nCompass for enterprises and service providers for visibility of network topology, traffic, and status; and Virtual Network Environment Server to maintain real-time data model of the production IT network. In addition, it offers SP Guru Transport Planner for designing optical networks; SP Sentinel to offer network configuration integrity and security auditing, and proactive change validation; and AppResponse Xpert to ensure application performance; OPNET Modeler, a network modeling and simulation product; Modeler Wireless Suite for wireless network R&D organizations; and Modeler Wireless Suite for defense. Further, the company develops and sells various software modules; and offers consulting services, product updates, technical support and services, and training services. OPNET Technologies, Inc. sells its products through direct sales force, as well as through distributors and value-added resellers. Its customers include corporate enterprises, government and defense agencies, network service providers, and network equipment manufacturers. The company was founded in 1986 and is headquartered in Bethesda, Maryland.
Top 10 Japanese Stocks To Own Right Now: Boardroom Limited (B10.SI)
Boardroom Limited, an investment holding company, provides various professional business and corporate services in Singapore and the Asia Pacific region. The company offers corporate secretarial services, including acting as company secretary and providing corporate secretarial consultancy, advisory, assistance, and support services primarily to private limited companies and public listed corporations. It also provides share registration services comprising acting as share registrar, share transfer agent, warrant agent, employee equity plan administration, voting, shareholder analytics, investor solicitation, and executive remuneration services primarily for public listed corporations. In addition, the company offers accounting and payroll services consisting of book-keeping, preparation of financial statements, payroll and payment processing, goods and services tax accounting, tax advisory, human resource, risk management, and internal auditing for enterprises; investor r elations services; and business advisory and consultancy services. Further, it provides human resource services, such as consulting; executive search; onboarding and outboarding administration and processes; employee handbook review, preparation, and updating; and payroll services. Additionally, the company offers taxation services, including compliance, consulting, and incentive application, as well as general tax consultancy services. Boardroom Limited was founded in 1968 and is headquartered in Singapore.
Top 10 Japanese Stocks To Own Right Now: Rockville Financial Inc.(RCKB)
Rockville Financial, Inc. operates as the holding company for Rockville Bank that provides a range of banking services to consumer and commercial customers. The company accepts deposit instruments, which include checking, savings, money market savings accounts, negotiable order of withdrawal accounts, and fixed-rate time deposits. Its loan portfolio comprises commercial and industrial loans; residential mortgage loans; commercial real estate loans; consumer loans; commercial and residential construction loans; commercial business loans; and installment, collateral, and other loans. As of July 14, 2011, the company operated 21 branches in Tolland, Hartford, and New London counties in Connecticut. It operates 41 automated teller machines (ATM), including 9 stand-alone ATM facilities. The company was founded in 1858 and is based in Rockville, Connecticut. Rockville Financial, Inc. is a subsidiary of Rockville Financial MHC, Inc.
Top 10 Japanese Stocks To Own Right Now: Euromax Resources Ltd (EOX.V)
Euromax Resources Ltd. operates as an exploration and development company with three gold and base metal assets in Macedonia, Bulgaria, and Serbia. It focuses on identifying, acquiring, and developing mineral resources in south eastern Europe. The company primarily holds 100% interest in the Ilovitza gold-copper property located in Macedonia. Euromax Resources Ltd. is based in Vancouver, Canada.
Top 10 Japanese Stocks To Own Right Now: TAM S.A.(TAM)
TAM S.A. provides passengers and cargo air transportation services in Brazil and internationally. It also engages in the aircraft acquisition, financing, and debt issuance activities. In addition, the company offers travel and tourism agency services, as well as is involved in the development and management of customer loyalty programs. It operates a fleet of approximately 156 aircrafts. The company was founded in 1961 and is based in S� Paulo, Brazil. TAM S.A. is a subsidiary of TAM-Empreendimentos e Participa珲es S.A.
Advisors' Opinion:- [By Jeremy Bowman]
What: Shares of Taminco (NYSE: TAM) were looking brighter today, gaining as much 13% after a promising quarterly earnings report, its first as a public company.
- [By Jake L'Ecuyer]
Taminco (NYSE: TAM) shares tumbled 7.53 percent to $19.30 after the company priced secondary offering of 10 million shares of common stock at $20 per share.
Top 10 Japanese Stocks To Own Right Now: Frank s International NV (FI)
NA
Advisors' Opinion:- [By Ben Levisohn]
Frank’s International�(FI) has gotten a boost this morning after UBS started coverage of the oil-equipment company’s stock as a Buy. Analyst Angie Sedita�lists the four reasons why she calls the company a “hidden gem:”
Bloomberg(1) Strong company operations – technical strengths, strong execution, above�average margins.
(2) Highly attractive geographic exposure – 74% of revenues are driven by the offshore markets (US and international) and 45% from international activity.
(3) Visible growth profile ��offshore and international markets offers the�highest growth opportunities in the market (ultra-deepwater fleet expected to grow 40% by 2016).
(4) Financial strength ��almost no debt, solid FCF yield (3%) and dividend (1.5% yield).Sedita says the stock could rise to $33, 14% from its last price of $29.06.
Frank’s has gained 3.4% today, while Weatherford (WFT) has gained 0.9% after a Wells Fargo upgrade.�Tesco�(TESO) has dropped 0.2% to $16.52,�Baker Hughes�(BHI) has fallen 0.6% to $49.98 and�National-Oilwell�(NVO) is off 0.5% at $78.48.
Top 10 Japanese Stocks To Own Right Now: Goldcliff Resource Corporation(GCN.V)
Goldcliff Resource Corporation, a junior exploration company, engages in the acquisition and exploration of mineral properties in Canada. It holds 100% interests in the Panorama Ridge gold project covering an area of 8,980 hectares, located in the Nickel Plate mining district, Osoyoos Mining Division, British Columbia; and the Ainsworth silver project that covers an area of 10,280 hectares, located in the Kootenay mining district, Slocan Mining Division, British Columbia. The company also holds 100% interests in the Tulameen copper project comprising 26,333 hectares, located in the Princeton mining district, Similkameen Mining Division, British Columbia. Goldcliff Resource Corporation was founded in 1986 and is based in Vancouver, Canada.
Top 10 Japanese Stocks To Own Right Now: Silver Bay Realty Trust Corp (SBY)
Silver Bay Realty Trust Corp., incorporated on June 29, 2012, is focused on the acquisition, renovation, leasing and management of single-family properties. The Company generates all of its revenue by leasing its portfolio of single-family properties.
As of September 30, 2012, the initial portfolio consisted of more than 2,540 single-family properties. As of September 30, 2012, Two Harbors owned a portfolio of approximately 1,660 single-family properties through its wholly owned subsidiary, Two Harbors Property Investment LLC. The Company is managed by PRCM Real Estate Advisers LLC.
Advisors' Opinion:- [By Matt Koppenheffer and David Hanson]
In this segment of The Motley Fool's financials-focused show, Where the Money Is, analysts Matt Koppenheffer and David Hanson discuss some of their favorite tweets of the day. Among the companies covered are Silver Bay (NYSE: SBY ) , American Homes 4 Rent (NYSE: AMH ) , and Wal-Mart (NYSE: WMT ) .
- [By Amanda Alix]
Two Harbors is the parent of the newly minted Silver Bay Realty (NYSE: SBY ) , one of only two single-family residential REITs currently cashing in on the foreclosure-to-rental craze that has been a hot sector over the past year or two. Two Harbors' stock has fallen since the end of March as the company has paid a quarterly dividend of $0.32�per share, sold 50 million�additional shares, and partitioned out�shares of Silver Bay to its own investors. Two Harbors, like American Capital Agency, has also experienced a growth spurt since its inception, growing its portfolio from $520 million�at March 31, 2010 to its current $14 billion.�
Top 10 Japanese Stocks To Own Right Now: Tuesday Morning Corp.(TUES)
Tuesday Morning Corporation engages in the retail sale of decorative home accessories, housewares, and gifts in the United States. The company?s merchandise primarily consists of lamps, rugs, furniture, kitchen accessories, small electronics, gourmet housewares, linens, luggage, bedroom and bathroom accessories, toys, stationary, and silk plants, as well as crystal, collectibles, and silver serving pieces. It also offers apparel and accessories. In addition, the company provides brand name merchandise, including cookware, appliances, linens, bath towels, luggage, flatware, tabletop, crystal, collectibles, dolls, china and giftware, and rugs. As of September 21, 2011, it operated 861 discount retail stores in 43 states. The company was founded in 1974 and is headquartered in Dallas, Texas.
Advisors' Opinion:- [By Manoj Madhavan]
All it takes is a change of "sentiment" and this stock could easily double in value from the current "bankruptcy" price of $2.51 per share. If you do not believe what "sentiment", or "market psychology" can do to a share price, then take a look at Tuesday Morning's (TUES) numbers. Incidentally, I randomly picked TUES as one of many excellent candidates to prove my point. I could just as easily have picked one of the other retail turnaround stories such as Pier 1 Imports.
No comments:
Post a Comment