The recent Reuters article detailing the scale of SandRidge (SD) CEO Tom Ward's personal greed and contempt for shareholders lays the foundation for TPG-Axon's delivery of its official consent to SD today, effectively starting the 60-day period for SD shareholders to vote on the hedge fund's proposals to amend SD's bylaws and replace the current board with its own slate of nominees. [View news story]
As I have said before, Ward should have been fired years ago.
RIMM's (RIMM +13%) rise follows yesterday's 17% surge in Toronto trading, which was sparked by a target price bump from the first analyst to raise his rating on RIM shares. Kris Thompson cites “positive sentiment building in the industry" ahead of the BB10 Blackberry update. On Tuesday, Jefferies' Peter Misek, a longtime RIM critic, raised his rating and price target on the stock. [View news story]
I have alleady traded RIM starting at $7 and I holding onto it for the medium term probably around $20.
Kodiak Oil & Gas (KOG): Q1 EPS of $0.08 misses by $0.03. Revenue of $80M (+499% Y/Y) misses by $14M. Averaged 10,578 boepd vs. 1,864 boepd in the year-ago period. Shares +0.2% AH. (PR) [View news story]
I agree, I have felt this way since Brigham. I think it might be COP, what do you think?
Kodiak Oil & Gas (KOG): Q1 EPS of $0.08 misses by $0.03. Revenue of $80M (+499% Y/Y) misses by $14M. Averaged 10,578 boepd vs. 1,864 boepd in the year-ago period. Shares +0.2% AH. (PR) [View news story]
Don't look for a dividend from such a small company anytime in the near future. I would like it too.
Kodiak Oil & Gas (KOG): Q1 EPS of $0.08 misses by $0.03. Revenue of $80M (+499% Y/Y) misses by $14M. Averaged 10,578 boepd vs. 1,864 boepd in the year-ago period. Shares +0.2% AH. (PR) [View news story]
I have a position in KOG. I believe we have another buy-out candidate.
More on CSX: Q1 earnings beat on both revenue and a per share basis, despite anemic coal volume growth due to slumping demand. Net earnings still managed to rise by 14% Y/Y however, as the railroad reported an 8.5% increase in intermodal volume, which helped to offset the decline. Intermodal volume accounts for about 35% of CSX's overall business, while coal volume accounts for about 25%. [View news story]
Genesee & Wyoming's (GWR -1.6%) March rail traffic fell 13.6% Y/Y, and Q1 traffic slid 9.2% Y/Y, mostly due to huge dropoffs in coal shipments. Coal represents the largest volume of traffic on U.S. railroads, which have hauled nearly 200K fewer carloads of coal this year than last year. CSX -1.1%, UNP -1%, KSU -0.6%, NSC -0.4%. [View news story]
I own CSX, the old Cheesie Systems. That's how lond I've been investing.
The recent Reuters article detailing the scale of SandRidge (SD) CEO Tom Ward's personal greed and contempt for shareholders lays the foundation for TPG-Axon's delivery of its official consent to SD today, effectively starting the 60-day period for SD shareholders to vote on the hedge fund's proposals to amend SD's bylaws and replace the current board with its own slate of nominees. [View news story]
RIMM's (RIMM +13%) rise follows yesterday's 17% surge in Toronto trading, which was sparked by a target price bump from the first analyst to raise his rating on RIM shares. Kris Thompson cites “positive sentiment building in the industry" ahead of the BB10 Blackberry update. On Tuesday, Jefferies' Peter Misek, a longtime RIM critic, raised his rating and price target on the stock. [View news story]
Kodiak Oil Is A High Growth Stock But Cash Is A Problem [View article]
Vale S.A.: This Global Mining Giant Is Overdue For A Nice Bounce [View article]
Kodiak Oil & Gas (KOG): Q1 EPS of $0.08 misses by $0.03. Revenue of $80M (+499% Y/Y) misses by $14M. Averaged 10,578 boepd vs. 1,864 boepd in the year-ago period. Shares +0.2% AH. (PR) [View news story]
Kodiak Oil & Gas (KOG): Q1 EPS of $0.08 misses by $0.03. Revenue of $80M (+499% Y/Y) misses by $14M. Averaged 10,578 boepd vs. 1,864 boepd in the year-ago period. Shares +0.2% AH. (PR) [View news story]
Kodiak Oil & Gas (KOG): Q1 EPS of $0.08 misses by $0.03. Revenue of $80M (+499% Y/Y) misses by $14M. Averaged 10,578 boepd vs. 1,864 boepd in the year-ago period. Shares +0.2% AH. (PR) [View news story]
Transport Dilemma: Truckers Or Railroads? [View article]
More on CSX: Q1 earnings beat on both revenue and a per share basis, despite anemic coal volume growth due to slumping demand. Net earnings still managed to rise by 14% Y/Y however, as the railroad reported an 8.5% increase in intermodal volume, which helped to offset the decline. Intermodal volume accounts for about 35% of CSX's overall business, while coal volume accounts for about 25%. [View news story]
Genesee & Wyoming's (GWR -1.6%) March rail traffic fell 13.6% Y/Y, and Q1 traffic slid 9.2% Y/Y, mostly due to huge dropoffs in coal shipments. Coal represents the largest volume of traffic on U.S. railroads, which have hauled nearly 200K fewer carloads of coal this year than last year. CSX -1.1%, UNP -1%, KSU -0.6%, NSC -0.4%. [View news story]
Stocks Worth Buying Before Earnings: Week 6 [View article]
Stocks Worth Buying Before Earnings: Week 6 [View article]
The Accretive Value Of Acquiring Vantage Drilling [View article]