-
J.C. Penney Bulls: You Won't Like This
Tuesday, August 20, 2013 - 6:29pm | 604The miserable second-quarter release put out by struggling retailer J.C. Penney (NYSE: JCP) this morning wasn't exactly a surprise, but the sheer size of the miss has bears licking their chops. J.C. Penney reported a loss of $2.16 per share, missing earnings estimates by over 103, while also...
-
Tesla Could Be Worth $9 (TSLA)
Thursday, August 8, 2013 - 3:57pm | 697Tesla Motors (NASDAQ: TSLA) shares have sold off of intraday highs heading into the close Thursday, but still traded sharply higher on the session. Shares rose over 14 percent to $153.30 per share after making a new all-time high of $158.88 following its second consecutive quarterly profit. However...
-
Part III: Questionable Insider Trading in Freeport McMoRan and Plains Exploration
Friday, December 14, 2012 - 1:59pm | 637Freeport McMoRan Copper & Gold (NYSE: FCX) announced that it would acquire McMoRan Exploration (NYSE: MMR) and Plains Exploration (NYSE: PXP) approximately one week ago. There are a number of interesting relationships among related parties involved with the deal. Further research done...
-
Freeport, Plains Exploration and the University of Texas: When is a Deal Too Close to Home?
Thursday, December 13, 2012 - 11:11am | 872Last week, Benzinga covered the Freeport McMoRan Copper & Gold (NYSE: FCX) acquisitions of McMoRan Exploration (NYSE: MMR) and Plains Exploration (NYSE: PXP). After some more digging alongside Kai Petainen (SISU investor, contributor to Forbes and teacher of quant valuation at the Ross School...
-
Why Einhorn Is Wrong About Apple
Wednesday, May 30, 2012 - 12:16pm | 526Earlier today, Benzinga covered David Einhorn's Greenlight Capital quarterly investor letter. In the letter, Greenlight defends Apple (NASDAQ: AAPL) against a variety of bearish theses. Specifically, Greenlight highlights four common rebuttals that analysts and commentators have put out on the...
-
From Truck Stops To Wall Street
Thursday, December 16, 2010 - 4:14pm | 427No one would have guessed that Jack Weyland was destined to be an investor. As a college dropout, Weyland was forced to settle for a job as a truck driver. But as luck would have it, Weyland had a knack for picking biotech and health care stocks. Using a laptop and a wireless Internet card, he used...