Sunday, April 17, 2016

Minutes 4/13/2016

Stocks we talked about this week:

1. Yahoo (YHOO) -- Daily Mail is considering a bid for Yahoo. The Daily Mail is mostly interested in Yahoo's news and media assets like Yahoo Finance, Yahoo Sports, and Yahoo News (Katie Couric). Verizon, Time Inc., Microsoft, and other private equity firms are also considering bids for Yahoo. Yahoo's stake in Alibaba and Yahoo Japan are of particular interest to some buyers.

2. SunEdison (SUN) -- Bankruptcy, here we come.
Factors that led to pending bankruptcy:


  • Vivint acquisition. 
  • Confusing YieldCo structure
  • Delaying the annual report release twice due to internal investigations for alleged financial mismanagement. 
  • Growing debt load
3. SunSoft Corporation (6736) -- One of it subsidiaries, the Israeli firm Cellebrite allegedly helped the FBI unlock the an iPhone used by of the San Bernardino shooters. The stock spiked over 20% because of  this announcement. 

4. Twitter (TWTR) -- They may have won the bid to stream NFL games, but it Twitter still doesn't seem relevant to consumers. "Why should I be on Twitter?" 

5. Terra Nitrogen Company (TNH)

6. Nvidia (NVDA) -- They've been doing well. 

7. Northrop Grumman (NOC) -- They won the bomber contract and have been sailing high ever since. 

8. IBM (IBM) -- They're mostly a cloud player now. They're really pushing Watson and their cloud-based services. 

9. Blackberry (BBRY) -- Blackberry is famous for its high encryption standard implemented on its phones and for communications between its phones and Blackberry Enterprise Server. This encryption is so good that its been implemented on basically every iPhone past the iPhone 4. Otherwise, they don't have much to their name. 

10. Celator Pharmaceuticals (CPXX) -- It's a pharma company that focuses on developing therapies for cancer. They spiked over 10x in March because it announced positive results for its phase 3 Vyxeos AML drug. They also just had a public offering of $38 million which closed on March 29. 

11. UniPixel (UNXL) -- The company makes PEF films for display, touch screen and flexible electronics markets. The stock has performed miserably since its 2013 peak. 

12. American Express (AXP) -- It took a hit in Jan/Feb because of Costco announced it was discontinuing American Express cards. Card business appears to be growing. 

13. Goldman Sachs (GS) 

14. Under Armour (UA.C) -- They're expanding their women's offerings, exploring smart clothing, and just created a class C stock that doesn't have voting rights. This offering was essentially a 2-for-1 stock split but the shares are far less valuable without those voting rights. Class A and Class B shareholders are distributed new class C stock as a dividend. Class A shareholders have 1 vote/share, and Class B, held by founder and CEO Kevin Plank, has 10 votes/share.

15. Nike (NKE) -- Big in the US, but Adidas is kicking them with soccer. 

16. JP Morgan (JPM) 

17. Citigroup ( C ) 

18. Bank of America (BAC) 

19. Gevo (GEVO ) -- Renewables and biofuels company. The CEO, Patrick Gruber, may be a brilliant scientist, but he's not doing so well as a businessman who has a responsibility to his shareholders. Oil is cheap, who wants biofuels?

20. ComCast (CMCSA) -- They beat expectations. 

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