Blogs about AZO - Stockpickr! Your Source for Stock Ideas

Blogs about AZO

Blogs	Description	Date Updated
AutoZone Adds $500 million to Buyback	Less than a week after improved earnings, AutoZone returns cash to shareholders. AutoZone (AZO) announced that its Board has authorized the repurchase of an additional $500 million of the Company's common stock. Including the additional authorization, the cumulative share repurchase authorization approved by its Board since 1998 totals $6.9 billion.AutoZone also announced that Luis P. Nieto was elected to the Company's Board of Directors. Mr. Nieto is President, Consumer Foods for ConAgra Foods ...	September 24, 2008
Fast Money Recap	Word On The Street Dylan Ratigan hosted CNBC’s “Fast Money” Monday night. He kicked the show with a discussion of the markets negative action towards the news of the U.S. government’s bailout plan to inject $700 billion into the financial sector. Karen Finerman said there is a lot of concern on Wall Street because nobody knows how the government is going to implement the plan. She says there is a sneaking fear on the street of what happens if it doesn’t work. “Is there anything else ...	September 23, 2008
AutoZone Earnings Ups......Lampert Still "Lost It"??	So, all last year CNBC has been running stories about Sears Holdings (SHLD) Chairman Eddie Lampert and saying he has "lost it", or word to that effect. Yet, AutoZone (AZO), which Lampert will soon own about 50% of is trading just off an all-time high. The silence from the boob tube is deafening. AutoZone, which is the largest U.S. auto-parts retailer, reported a 12.2% rise in quarterly profit on Monday.Net income rose to $243.7 million, or $3.88 per share, in its fiscal fourth quarter that end...	September 22, 2008
AutoNation, Sears and AutoZone Getting Closer	src="http://d.yimg.com/ds/badge2.js" badgetype="square"> ARTICLEURL So when will the combination of the three happen? AutoZone (AZO) added two new Board Members the other day. They are:William Crowley, a former managing director of Goldman Sachs (GS). Crowley also has served as a director of Sears Holding (SHLD) since 2005. He has served as a director of Sears Canada Inc. since March 2005 and as the chairman of the board of Sears Canada since December 2006. Since 1999, he has been president ...	August 19, 2008
Lampert Files 13F	Here is what Sears Holdings (SHLF) Chairman has: AutoNation (AN)= 72 million sharesAutoZone (AZO)= 23 million sharesSears (SHLD)= 65.6 million sharesCiti (C)= 19 million sharesHome Depot (HD)= 19.5 million sharesCentex (CTX)= 608k shares KB Home (KB)= 358k sharesSLM Corp (SLM)= 6 million sharesFull Filing Disclosure ("none" means no position):Long SHLD, AN,C, none↑ Grab this Headline AnimatorVisit the ValuePlays Bookstore for Great Investing Books Enter your Email Preview \| Powered by Fee...	August 14, 2008
AAP: Ahead of the Curve with Advance Auto Parts	This article is a reprint of my 31 July 2008 RealMoney column. On July 23, J.D. Power & Associates cut its 2008 forecast for new light-vehicle sales and said it now expects U.S. sales to hit a 15-year low this year. The new estimate calls for 750,000 fewer cars to be sold than had been estimated as recently as March. I’m sure that high gas prices are encouraging marginally more use of alternatives such as car-pooling or public transportation, but I also know from experience that those ...	August 13, 2008
Credit Suisse on Sears Holdings and AutoZone.....What?	So, Credit Suisse (CS) today had a piece on Sears today that left me shaking my head. Thanks to Jud for the tip.. The post said:"CS: SEARS ISN’T AUTOZONESears Holdings (SHLD) has been trading like a retailer with a pulse lately, something that its fundamentals have argued against. Despite steadily declining sales and continued investor frustration with the merchandising initiatives at the retailer - Credit Suisse called it ”one of the most vulnerable companies in the sector” Wednesday - th...	July 10, 2008
The Week's Best At VIN	A long list for the week away at Value Investing News 1. Buy ‘Em Back at Western Sizzlin’ (via www.circleofcompetenceblog.com)Western Sizzlin' announced a share buyback authorization today, which is terrific news for shareholders. In this article I explain why that make sense for WEST and all undervalued companies. 2. TRANSCRIPT: Warren Buffett's Power Lunch Interview on "Exploding" Inflation (via www.cnbc.com)This is a transcript of Warren Buffett's live interview with Becky Quick on CNBC'...	June 27, 2008
More on Sears Holdings "Going Private"	Ever since the first post on this issue I have been looking into this further. Today's Autozone (AZO) filing with ESL (Sears Holdings (SHLD) largest shareholder) gave me the information I needed. From the Findlaw Legal site "Delaware's Analysis Fiduciary principles have long been established to protect minority shareholders in interested transactions. This protection is embodied in the "entire fairness" standard, a reasonably stringent review. Under a fairly recent line of cases, controlling...	June 26, 2008
More on Lampert's AutoZone (AZO) Agreement	I posted the agreement between Eddie Lampert and Autozone (AZO) this morning and got a flood of questions. Reader Jeff answered 90% of them with this post. "EBITDAR- Earnings Before Dep./Amor, Interest, Taxes, Rent (lease payments). Thus, the company can take on long term debt of 2.5x its annual EBITDAR. Relatively modest leverage. The voting restriction for ESL is basically saying that, if he continues to accumulate, the shares he gets over a certain level (40% now, coming down to 37.5%), ...	June 26, 2008

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