David Einhorn’s Greenlight Capital took a 4.9% stake in Oil States International (OIS), a company he declared a target for shareholder activism target last week; Greenlight now ranks as the no. 5 shareholder in OIS. The fund also boosted stakes in Apple (AAPL) to ~2.4M shares from 1.3M (earlier) and Marvell Technology (MRVL) to 51.8M shares, more than 10% of shares out. New stakes: HES, SPR, GMCR, IACI. [View news story]
thanks wrynot that made me do a double take when I read it
Barnes & Noble (BKS) gains 1.2% in premarket trading after it opens up Nook products to Google Play and in the process exponentially increases the number of apps available to users. The company is already pushing the development hard on its website as a selling feature. The combination of a friendly relationship with Google on top of the $300M Microsoft plowed into Nook Media gives B&N some nice friends to have as it looks to potentially re-invent itself in the future. [View news story]
Potentially repeats itself and might be a little bit redundant to say that over and over again maybe
BlackBerry: Shorting The Box Is Bullish [View article]
It is not the tax aspect- that is not allowed as a "Wash Sale". But there are other non tax reasons to do this such as controlling shares in case of a proxy battle.
BlackBerry: Shorting The Box Is Bullish [View article]
Good article and I agree. Another key factor in this practice is the value of proxy votes. If another company were to launch a bid for BBRY, it would need shareholder approval. The more shares an investor controls, the more power she has to demand money for proxy votes in a takeover. This makes shorting the box a risk free and potentially lucrative proposal, especially for a cheap takeover candidate like BBRY.I believe there has been a case brought before Delaware court where an investor was long and his investment bank was short, holding those shares on his behalf, and the court did not invalidate that. So I think this is a very plausible situation. Of course there are others who are pure short but I doubt that is the entire short interest.
Most U.S. consumers remain either unfamiliar with or unenthusiastic about Nokia (NOK) and BlackBerry's (BBRY) latest hardware, according to an MKM survey of 1,500 people. While 51% of respondents owned a smartphone, only 6% plan to buy a BlackBerry in the next 12 months, and just 1% a Nokia phone. Moreover, in spite of the Z10 and Lumia 920/820 launches, 63% of respondents had no idea when BB10 would launch in the U.S., and 61% were unaware WP8 (MSFT) phones are available. BlackBerry is counting on a fresh marketing push to raise its U.S. profile. [View news story]
If they asked the question presented there (when will bb10 launch in the U.S.) that is equivalent to asking when will ios6 or android 4.2 launch in the U.S. and it is not surprising that a number of people were unaware. Now if they asked about the new BlackBerry smartphone, then that would have been a better question.
Amazon's Financial Pressures May Force AWS Spin-Off [View article]
This is true, but the problem is you don't know what businesses the SG&A costs are allocated to. What if most of the SG&A was part of the LoveFilm and Kindle business? The online retail side might be more efficient than we think. We don't know because Amazon doesn't tell us.
Amazon's Financial Pressures May Force AWS Spin-Off [View article]
Thanks. I always thought goodwill was strictly an intangible asset and there would be no goodwill in the purchase of a tangible asset such as a house. I will have to look into this.
David Einhorn’s Greenlight Capital took a 4.9% stake in Oil States International (OIS), a company he declared a target for shareholder activism target last week; Greenlight now ranks as the no. 5 shareholder in OIS. The fund also boosted stakes in Apple (AAPL) to ~2.4M shares from 1.3M (earlier) and Marvell Technology (MRVL) to 51.8M shares, more than 10% of shares out. New stakes: HES, SPR, GMCR, IACI. [View news story]
Green Mountain: Starbucks Deal Hides Poor Report [View article]
Barnes & Noble (BKS) gains 1.2% in premarket trading after it opens up Nook products to Google Play and in the process exponentially increases the number of apps available to users. The company is already pushing the development hard on its website as a selling feature. The combination of a friendly relationship with Google on top of the $300M Microsoft plowed into Nook Media gives B&N some nice friends to have as it looks to potentially re-invent itself in the future. [View news story]
BlackBerry: Shorting The Box Is Bullish [View article]
BlackBerry: Shorting The Box Is Bullish [View article]
BlackBerry Catalysts Right Under Our Noses? [View article]
Most U.S. consumers remain either unfamiliar with or unenthusiastic about Nokia (NOK) and BlackBerry's (BBRY) latest hardware, according to an MKM survey of 1,500 people. While 51% of respondents owned a smartphone, only 6% plan to buy a BlackBerry in the next 12 months, and just 1% a Nokia phone. Moreover, in spite of the Z10 and Lumia 920/820 launches, 63% of respondents had no idea when BB10 would launch in the U.S., and 61% were unaware WP8 (MSFT) phones are available. BlackBerry is counting on a fresh marketing push to raise its U.S. profile. [View news story]
BlackBerry Q4 Earnings Highlights: What You Need To Know [View article]
BlackBerry Q4 Earnings Highlights: What You Need To Know [View article]
BlackBerry Q4 Earnings Highlights: What You Need To Know [View article]
Wow that was a ballsy play, very well done
BlackBerry: Why Store Checks Are Meaningless For Analyses [View article]
Amazon's Financial Pressures May Force AWS Spin-Off [View article]
Amazon's Financial Pressures May Force AWS Spin-Off [View article]
Amazon's Financial Pressures May Force AWS Spin-Off [View article]
Amazon's Financial Pressures May Force AWS Spin-Off [View article]