Seeking Alpha

Moby Waller's  Instablog

Moby Waller is Portfolio Manager for BigTrends.com's Index Options Timer (http://www.bigtrends.com/products/indexoptionstimer.html) and Advanced Options Strategies (http://www.bigtrends.com/products/advancedstrategies.html) advisory programs and is a Research Analyst and Trading Coach... More
My business:
BigTrends
My blog:
BigTrends Blog
  • Merger Activity Heating Up 0 comments
    Aug 31, 2009 11:29 AM | about stocks: DIS, MVL, BHI, BJS
    We've seen a spate of mergers in recent weeks/months, and not just in the consolidating Financial sector.

    Today Disney (DIS) announced it was acquiring Marvel Entertainment (MVL), and oil services company Baker Hughes (BHI) announced the acquisition of competitor BJ Services (BJS).

    The renewed takeover activity (as well as increased IPO listings) seems to bode well for the market's continued stabilization and the debt markets remaining open and liquid.  Companies are seeing value and snapping up competitors ... they may be using stock that has rallied recently, but remember that they are often buying companies that are well off their 2007/2008 highs.

    Moby Waller,

    BigTrends.com

    1-800-244-8736

    Disclosure -- no position in the stocks mentioned.

    Themes: Mergers, Takeovers Stocks: DIS, MVL, BHI, BJS
Back To Moby Waller's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Full index of posts »

StockTalks

  • 900 pin on the S&P 500 next Friday?
    May 07, 2009
More »
Posts by Ticker

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.