The street is saying the UK is aligning with Trump against China and Huawei in deploying 5G, directly in-line with our published thoughts on how there is a strong case for an activist investor to bring 5G to the US by pursuing a suitor to acquire Nokia Oyj (NOKIA FH) at a discounted valuation. With the right leadership, financial muscle, and US government backing, Nokia will make a formidable competitor and eliminate US concerns over the risk of losing the 5G struggle.
14 July 2020
We are exiting several names from the Special Situations Model Portfolio as we look ahead at more compelling idea flow in 2020. Watch for our Special Situations Event Preview (released at the beginning of each month) for the ideas we're examining in this dynamic space, and the Upcoming Spinoff Calendars for more on the scheduled catalysts ahead.
25 February 2020
Amazon, Inc. (AMZN) is in a prime position to make a bid for eBay, Inc. (EBAY) in 2020 (and can afford to do so in cash) after a decade which saw the departure of two CEO’s forced out by activist giants. According to analysis of potential synergies from The Edge (who source under-performing companies for activist involvement, Special Situations and Spinoffs), eBay has had more than its fair share of outsider intervention since it bought PayPal, Inc. (PYPL) in August 2002 for $1.5 billion.
31 December 2019
There's a potential stock crisis brewing that could offer up a nightmare before Christmas, despite historic US spending records on Black Friday and Cyber Monday. That’s according to The Edge after their analysis of retail sales over Black Friday and Cyber Monday confirmed the polarization of high-end and low-end retailers. All eyes will be on the major retail stocks as investors tentatively creep toward Christmas Eve trading following last year's crash.
17 December 2019
Yesterday’s listing of France’s 52% stake in the state lottery company, Francaise des Jeux (FDJ), was met with great anticipation as the share price soared over 16% on its first day of trading. As Europe’s second largest lottery (the fourth largest worldwide) and due to its stable fundamentals, attractive dividend payments, and a long-term exclusivity deal, we add FDJ to our watchlist for a better entry point ahead of its semi-annual earnings next year.
22 November 2019
Both former CEO's of General Electric Co. (NYSE: GE) should pay back their combined half-a-billion severance packages to restore their reputations. Jack Welsh was awarded $417 million dollars when he parachuted out of the company in 2001 and Jeff Immelt should do the same with the $211 million he took in 2017. So says The Edge, stating that the 130-year-old GE is as close to collapse as ever thanks to the legacy of systemic weakness left by 83-year-old Welch and his 63-year-old successor Immelt.
19 November 2019
Controversial fugitive John McAfee has launched an astonishing attack on Facebook’s planned cryptocurrency Libra by blasting it as an “abomination,” and he says it will give CEO Mark Zuckerberg never-before-seen domination over its users. McAfee, 74, who claims he’s on the run from the CIA, spoke exclusively to The Edge from his undisclosed hiding spot about his beta McAfeeDEX decentralized exchange. Read Jim's full interview and McAfee's thoughts on Forbes.
05 November 2019
This week, the French government will be raising cash to help pay down its national debt by selling its current stake in France’s lottery, Francaise des Jeux (FDJ), via a privatization. As Europe’s second largest lottery and the fourth largest worldwide will look to list on the market, the French government will sell approximately 52% of its stake in FDJ. An initial look ahead of the prospectus shows the company as a good long-term opportunity. Full Analysis out shortly.
04 November 2019
Bed Bath & Beyond Investors Set For Infinity As Activist Says Market Undervalues Company By Billions
The Beverly Hills-based activist who is spearheading the turnaround of Bed Bath & Beyond, Inc. (NASDAQ: BBBY) says investors can expect new highs as his plan to reinvigorate the struggling retailer gathers pace. Christopher S. Kiper, 48, co-founder and managing director of seven year-old Legion Partners who previously worked for the Disney family’s Shamrock Capital Advisors, is convinced the true value of the stock has yet to bear fruit.
29 October 2019
With its 75th birthday right around the corner in January, Mattel, Inc. (NASDAQ: MAT) faces one of the biggest crises of its life in a perfect storm that could spell game-over if a recession bites. The company, which unleashed the iconic Barbie brand to the world 60 years ago, is struggling with its $3 billion debt and is facing a probe as to whether it violated federal securities laws.
22 October 2019