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The New York Times Company Closes its Offer to Exchange its 6.625% Senior Notes Due 2016
Wednesday, April 13, 2011 - 7:57am | 80The New York Times Company (NYSE: NYT) today announced the successful closing of its offer to exchange all of its outstanding $225.0 million aggregate principal amount of 6.625% Senior Notes due 2016, which were not registered under the Securities Act of 1933, as amended, for an equal principal...
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Robinsons Land Corporation (RLC) Poised For A Move North
Tuesday, April 12, 2011 - 7:58pm | 642John Gokongwei-led Robinson's Land Corporation or RLC in the Philippine Stock Exchange had been trading on a downward slope since November 2010. Recently, though, it is showing some signs of a possible reversal. Since peaking at above PHP 18.00 last year, RLC's move south...
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AOL Being Sued By Unpaid Bloggers (AOL)
Tuesday, April 12, 2011 - 10:32am | 157According to Mashable, a group of unpaid bloggers is suing AOL (NYSE: AOL), as the group wants a piece of the $315 million AOL paid for the popular blog, run by Arianna Huffington. Huffington, Huffington Post, and AOL are named in the suit. The bloggers are being led by Jonathan Tasini, who is a...
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KBW Raises MORN Target From $61 To $64
Tuesday, April 12, 2011 - 6:23am | 26KBW is raising its PT on shares of Morningstar Inc. (NASDAQ: MORN) from $61 to $64. Morningstar closed Monday at $58.42.
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11 Stocks to Benefit From the ‘Great Newspaper Revival'
Sunday, April 10, 2011 - 3:44am | 146We believe we're about to experience a great newspaper revival. With fresh word from The New York Times (NYT) that it's following News Corp.'s (NWSA) lead and charging for online content, we think most major publishers will follow suit — leading to more robust profit margins and higher quality...
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A Look at 8 Big Sells by George Soros
Sunday, April 10, 2011 - 3:37am | 146We believe we're about to experience a great newspaper revival. With fresh word from The New York Times (NYT) that it's following News Corp.'s (NWSA) lead and charging for online content, we think most major publishers will follow suit — leading to more robust profit margins and higher quality...
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Uranium Stocks Worth Considering
Sunday, April 10, 2011 - 3:34am | 146We believe we're about to experience a great newspaper revival. With fresh word from The New York Times (NYT) that it's following News Corp.'s (NWSA) lead and charging for online content, we think most major publishers will follow suit — leading to more robust profit margins and higher quality...
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Piper Jaffray Boosts Estimates, Price Target On McGraw-Hill Companies
Thursday, April 7, 2011 - 7:18am | 132Piper Jaffray is boosting its estimates and price target for McGraw-Hill (NYSE: MHP) based on recent strength in new debt issuance volumes. Given strength in 1Q 2011 new debt issuance volumes, Piper is modestly boosting its estimates for MHP. Piper's 2011 EPS estimate goes to $2.91 from $2.90 and...
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Piper Jaffray Increases Price Target On MCO And MHP
Thursday, April 7, 2011 - 6:50am | 92Piper Jaffray, based upon the strong end to first quarter issuance volumes has raised the price target on both Moody's Corp. (NYSE: MCO) and The McGraw Hill Companies (NYSE: MHP). Says Piper Jaffray, “For both companies we see a continuing positive bias in estimate revisions in the context of the...
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Piper Jaffray Raises PT on McGraw-Hill To $49
Thursday, April 7, 2011 - 6:09am | 27Piper Jaffray has raised the price target on McGraw-Hill Companies (NYSE: MHP) from $44 to $49 and maintains its Overweight rating.
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Buffett Bargains
Thursday, April 7, 2011 - 12:32am | 412Warren Buffett, head of Berkshire Hathaway (BRK-A) (BRK-B), has numerous fans, and a few critics. However, the critics don't have a much of a leg to stand on, especially when several of the stocks he owns traded at 52 week highs on Wednesday. If you look at the list of Warren Buffett Berkshire...
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Unloved Stock Suddenly Gets Top Rating
Wednesday, April 6, 2011 - 1:01pm | 210(TheStreet) -- Sonic (NASDAQ: SONC) was added to the 5-Star Stock List at Morningstar (NASDAQ: MORN) at the start of 2011. The quick-service restaurant chain, which sells burgers, fries and shakes at some 3,000 drive-in locations, has steadily improved its business in the past few quarters. It's...
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JP Morgan Comments On Moody's and McGraw-Hill Companies
Wednesday, April 6, 2011 - 7:40am | 190JP Morgan is reiterating its Overweight ratings on Moody's Corporation (NYSE: MCO) and McGraw-Hill Companies (NYSE: MHP) shares and lifting respective price targets to $42 and $46. The stocks have been strong YTD, bolstered by heavy corporate debt issuance globally. JP Morgan's investment thesis on...
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Top 4 Stocks In The Publishing-Periodicals Industry With The Highest Dividend Yield (PRM, RUK, ENL, MDP)
Wednesday, April 6, 2011 - 12:52am | 117Below are the top publishing-periodicals stocks on the NYSE and the NASDAQ in terms of dividend yield. PRIMEDIA Inc (NYSE: PRM) has a dividend yield of 5.90%. PRM's shares closed at $4.80 yesterday. Reed Elsevier PLC (NYSE: RUK) has a dividend yield of 5.50%. RUK's shares closed at $35.30...
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Keystone Pipeline: 'Just Say No' Could Mean $7 a Gallon at The Gas Pump (Guest Post)
Tuesday, April 5, 2011 - 11:49am | 1641By Bob van der Valk Consumer studies by researchers at Harvard's Belfer Center for Science and International Affairs suggested a year ago that in order for the Obama administration to meet their target to cut greenhouse gas emissions, Americans will soon be spending $7 per gallon. That day may...