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$KOG was just recently over 9.50 - it's barreling towards that again - just crossed 9 Dec 12, 2012
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$BXS - new CEO named is really well regarded - stock is up 4% while S&P is down over last two weeks Dec 6, 2012
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$NU keeps going up after hurricane Sandy - looks like they avoided damage expenses Dec 6, 2012
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Walgreen's Fight With Express Scripts Is Helping CVS
Have you been in a CVS recently and gone to their pharmacy? I've been going and the lines are longer now.
Walgreen seriously messed it up with Express Scripts, and CVS has been the winner as a result
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Who Would Hire Richard Parsons To Represent Them Doing Anything?
Lazard (LAZ) would. They just put him on their Board of Directors.
This is the same guy who famously bought AOL when he was running Time Warner and lost the shareholders money.
Then he was on the Board at Citigroup and signed off on their choices pre 2008 that required a bailout.
His reward for driving Citigroup into the ground was to become their Chairman when the previous Chairman had to step down for driving the firm into the ground.
He finally leaves Citigroup, and now Lazard asks him to be on their Board. He must have a "reality distortion" field around him for anybody to listen to the guy since he has been a complete disaster for any and all shareholders.
Warning to LAZ shareholders - vote down the entire Board while your position still has value.
Estee Lauder (EL) shareholders - warning - he's on your board too.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Occidental Petroleum Is Way Oversold
They recently increased their dividend to 54 cents a share, so they feel good enough about their business to pay their shareholders more. Their payout ratio is a measly 23%, and their dividend yield is 2.7%, so they could increase their dividend substantially if their board felt like it. Their net income is $6.7B last quarter and their debt is $5.8B, so the debt is very manageable. More likely they'll buy assets from Chesapeake than raise their dividend any time soon, and could easily issue debt in order to pick up assets from CHK.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.