NOTE: Every week I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive the Client Note. You can sign up at the top right hand corner of the website. …
Andrew Ross Sorkin has a wonderful piece on the story of Duane Read, the Manhattan based drug store chain with 257 stores in the New York Area that was acquired by Walgreen’s (WGN) last Wednesday, in today’s New York Times:…
[Growth] was pretty broad and pretty linear. Most of our segments saw very good growth. – Mark Hurd, CEO, Hewlett Packard Last Wednesday afternoon, tech behemoth Hewlett Packard (HPQ) reported earnings for the quarter ended January 31, 2010 and the numbers…
Our fourth quarter results suggest the worst of the economic cycle is likely behind us. While the psychological impact of falling home prices and an uncertain employment picture continue to weigh on consumers, improving comparable store sales trends, including improvement…
In range bound markets, 90% of the return comes from dividends. – Vitaly Katsenelson, author of Active Value Investing: Making Money In Range Bound Markets (Wiley, 2007), on CNBC’s Closing Bell, Tuesday February 16 In last week’s Client Note,…
Q: What is one investment theme which you are very confident in for 2010? A: I am most confident in the notion that the consumer will be an albatross around the neck of our domestic economy and will be the…
Our outstanding Q2 results exceeded our expectations and we believe they provide a clear indication that we are entering the second phase of the economic recovery. During the quarter we saw dramatic across the board acceleration and sequential improvement in…
NOTE: Every week I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive the Client Note. You can sign up at the top right hand corner of the website. …
Last Monday, IMAX (IMAX) announced their first $100 million box office quarter for the 4th quarter, driven by $54 million from Avatar. In the past week, IMAX outfitted theaters did about 25% of Avatar’s domestic box office with just 2%…
NOTE: Every week I write a Client Note for my clients. For a limited time, I am allowing non-clients to sign up and receive the Client Note. You can sign up at the top right hand corner of the website. …