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   Strategies & Market TrendsSpeculating in Takeover Targets


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To: richardred who wrote (2471)11/1/2010 12:02:25 PM
From: richardred
   of 6990
 
SFE-Safeguard Scientifics Inc-New buy today at 14.65 and 14.62. I like the fact they will be getting cash from the Clarient deal. IMO-The company also looks to have some winners in it's investment portfolio. I'm not necessarily looking for a buyout of this company, but a possible buyout of some of its other portfolio companies. Always a outside chance, of a special dividend to shareholders. I especially like the prospects of Advanced BioHealing.

safeguard.com

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From: richardred11/1/2010 1:22:51 PM
   of 6990
 
IDT-New buy today-IDT Corporation-14.074-Like the fact they have about 9 dollars a share in cash and a fairly low # of shares outstanding.

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To: richardred who wrote (2497)11/2/2010 9:56:17 AM
From: richardred
   of 6990
 
Oracle to Buy Art Technology Group for $1 Billion
November 2, 2010, 8:48 am

Oracle agreed on Tuesday to buy the Art Technology Group, an e-commerce software provider, for about $1 billion.

Under the terms of the deal, Oracle will pay $6 a share in cash, 46 percent above Art Technology’s closing stock price on Monday. It is the first deal that Oracle has announced since it hired Mark V. Hurd, the deal-making former chief executive of Hewlett-Packard.

Also on Tuesday, Art Technology posted $4.2 million in net income on $50.3 million in revenue for the third quarter, up markedly from the same period a year earlier.

Art Technology, based in Cambridge, Mass., makes a range of e-commerce products like customer analysis software and Internet-based calling solutions. The two companies said that Art Technology’s platform will complement Oracle’s existing customer relationship management and retail products.

The deal is expected to close early next year, pending approval of Art Technology shareholders.
dealbook.blogs.nytimes.com

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To: richardred who wrote (2497)11/2/2010 10:03:46 AM
From: richardred
   of 6990
 
Dell plans cloud computing acquisition and tablet PC push
reuters



Michael Dell, Chairman and Chief Executive Officer of Dell Inc, attends a forum at the American Chamber of Commerce in Hong Kong November 2, 2010. Dell Inc, the world's No.2 PC maker, expects to launch a significant number of tablet PC models next year, its chief executive said on Tuesday, drawing the product's growing popularity since the launch of Apple Inc's iPad. REUTERS/Bobby Yip
On Tuesday November 2, 2010, 6:41 am EDT

HONG KONG (Reuters) - Dell Inc, the world's No.2 PC maker, will announce an acquisition related to cloud computing on Tuesday, its chief executive said, while ramping up its tablet PC line to compete with rivals such as Apple.

Speaking at an event in Hong Kong, Michael Dell also said that he had received feedback from developers that it was easier to develop smartphone software using Microsoft's Windows operating system than Google's popular free Android system.

"We're going to have a significant number of new tablets in the next year," Dell said. "There're lots of debate about the size of the market, who's buying these devices, and those questions always emerge when there's a new form factor."

Dell did not give any further details of the acquisition, but the company was recently involved in a bidding battle with rival Hewlett-Packard to acquire high-end storage maker 3PAR.

Cloud computing is an industry term that refers to providing software and computing power over the Internet such as web-based email, and has been touted by many tech companies as the next big trend in the PC sector.

Microsoft launched its new operating system for mobile devices earlier this month, in a move that is seen by analysts to be its last chance to catch up with Apple and Google's Android smartphones after having squandered its early lead.

"What's interesting about the smartphone space is how it's changing into a more open-modular system," Dell said. "It's staggering that Android has now surpassed Apple in terms of originations and this is happening at a much, much faster rate than what folks had envisioned."

PC companies have increasingly begun looking to mobile devices and other corporate solutions to diversify away from the heavily commoditized personal computer, where net margins can fall to the low single digits for companies such as Acer.

Dell unveiled a 7-inch tablet PC it calls the Streak in September following a 5-inch model earlier that month, joining rivals such as Samsung Electronics in competing with Apple in the emerging tablet PC space.

(Reporting by Kelvin Soh; Editing by Jacqueline Wong)
finance.yahoo.com

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From: richardred11/3/2010 1:34:56 PM
   of 6990
 
IMGN-Immunogen Inc. -New Buy today-7.61

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To: richardred who wrote (2314)11/5/2010 10:54:27 AM
From: richardred
   of 6990
 
KOP-Koppers- sold for a 24% gain

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To: richardred who wrote (2484)11/5/2010 10:56:03 AM
From: richardred
   of 6990
 
SVNT-added today at 11.81

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From: Brasco One11/5/2010 3:12:10 PM
   of 6990
 
ALERT--- MEE company weighing offer from Alfa Natural Resources. Says Fly on the wall

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To: richardred who wrote (2499)11/6/2010 12:37:47 AM
From: richardred
   of 6990
 
IDT Corporation Announces Strategic Initiatives, Including Dividends, a Spin-off and an Exchange Offer
businesswire

Press Release Source: IDT Corporation On Friday November 5, 2010, 5:15 pm EDT

NEWARK, N.J.--(BUSINESS WIRE)-- IDT Corporation (NYSE:IDT - News) today announced a series of strategic moves, including dividends, that establish a framework for long term appreciation of shareholder value.

On November 2, 2010, IDT’s Board of Directors authorized an initial cash dividend of $0.22 per share to be paid on or about November 23rd to shareholders of record at the close of business on November 15th of IDT Corporation Common Stock, Class A Common Stock and Class B Common Stock. IDT expects to announce an additional cash dividend of comparable magnitude during the second quarter of IDT’s 2011 fiscal year, the three months ending January 31, 2011. The Board also stated its intent for IDT to pay future quarterly dividends based on operating performance and available resources.

At the same meeting, the Board approved the launch of an offer to exchange one share of Class B Common Stock (NYSE:IDT - News) for each share of Common Stock (NYSE:IDT.C - News) outstanding. As of November 4th, 2010, there were 3,728,655 shares of IDT Common Stock outstanding. The exchange offer is being made in light of the limited liquidity in the market for the Common Stock and the resulting disparity in the trading prices for the two classes despite the fact that the equity rights associated with the shares of each class are nearly identical.

Following the completion of the exchange offer, the Common Stock may be delisted from the NYSE. Howard Jonas, who controls approximately 76% of the combined voting power of IDT’s outstanding capital stock, will adjust his holdings of IDT Class A Common Stock and Common Stock so as not to increase his combined voting power as a result of the exchange offer.

The exchange offer will commence when the definitive materials (including an Offer to Exchange and Letter of Transmittal) are filed with the Securities and Exchange Commission and made available to IDT’s stockholders and will remain open for at least twenty business days. IDT will file with the Securities and Exchange Commission and mail to stockholders exchange offer documents with full details of the offer, including complete instructions on the exchange process procedure along with the transmittal forms and other data when the offer is commenced.

In addition, the Board has directed management to pursue a spin-off of its Genie Energy division. The spinoff of Genie Energy under consideration is intended to be tax-free to IDT stockholders. Genie Energy would include:

* IDT Energy, an energy services company operating in New York, New Jersey and Pennsylvania;
* American Shale Oil Corporation (AMSO), which holds IDT’s interest in the a joint oil shale venture with Total, SA operating in Western Colorado;
* Israel Energy Initiatives (IEI), which holds a majority interest in an oil shale venture in Israel, and;
* Certain related smaller initiatives, and the cash resources necessary to execute on those projects.

The Board also directed management to explore options to license and defend certain intellectual property rights currently owned by IDT Telecom and Net2Phone related to VoIP and other aspects of the telecommunications industry including a possible spin-off of a separate entity.

“The moves that we are announcing today provide a framework that will help shareholders realize the underlying value of IDT’s businesses and holdings,” Howard Jonas, Chairman and CEO of IDT said.

“Since completing our restructuring program, both of our core IDT Telecom and Genie Energy businesses have demonstrated their capacity to generate sustained, positive cash flow,” Jonas added. “The near term dividends will allow shareholders to reap the benefits of those improvements, while future dividends will reflect the performance of IDT Telecom and the other businesses that will remain at IDT. The exchange offer is intended to simplify our capital structure, promote efficiencies and level the playing field for the holders of our two classes of public equity. The spin-off of Genie Energy will enable both Genie and IDT Telecom to focus on their respective growth strategies and more effectively meet their long term capital requirements while providing investors with industry focused investment vehicles.”
finance.yahoo.com

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To: richardred who wrote (2448)11/6/2010 1:49:20 PM
From: richardred
   of 6990
 
ELMG-RE:CC -On Question-Didn't elaborate to much about the shareholder letter from MMI Investments. Except to say they will deal with the situation SOON.

BTW-From what I heard. Next quarter is looking good if nothing develops.

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