Martha Stewart Living Omnimedia (MSO +21.2%) shares jump after announcing that Blackstone has been retained to explore strategic partnership opportunities. The company also announces that Lisa Gersh will become President and COO next month. (PR) [View news story]
Unclear to me how this could be worth over $500 million...check out the 10Q...the Company has negative EBITDA, and even after you eliminate Koppelmen and the other senior execs comp from the merged entity, it is still negative...And Martha is no spring chicken, and the Company continues to be all about her...so not understanding the economics here as to why a buyer would put a big number on the table for a money losing, celebrity dependent, business....but thats just one man's opinion...
Apple Obliterates Q3 Estimates on Best Mac Sales Ever, Huge iPad Numbers [View article]
Looks at the providers of components for apple, particularly the iphone. One under the radar name is BW. Dirt Cheap, and earnings are released on July 30.
Lithium-ion Batteries Are Still Not Ready for Prime Time [View article]
You are right. I did the math. At most, assuming no replacements, it has less than a $5 million EBITDA impact. Its a mosquito, and XIDE with a $400 million market cap, is dirt cheap.
Martha Stewart Living Omnimedia (MSO +21.2%) shares jump after announcing that Blackstone has been retained to explore strategic partnership opportunities. The company also announces that Lisa Gersh will become President and COO next month. (PR) [View news story]
Apple Obliterates Q3 Estimates on Best Mac Sales Ever, Huge iPad Numbers [View article]
Apple Obliterates Q3 Estimates on Best Mac Sales Ever, Huge iPad Numbers [View article]
Lithium-ion Batteries Are Still Not Ready for Prime Time [View article]