Date updated:03-17-2007
Each week Barrons has a 13D Filings column. 13Ds are filed when a fund (usually an activist hedge fund) accumulates more than 5% of a firm and is planning on pushing for change (e.g.a sale of the company, sale of certain assets, a share buyback, or a share dividend) to unlock value.

-
INFO
Info - $0.00
- N/A
- $N/A
Metro One Telecommunications (INFO) A group including Strategic Turnaround Equity Partners asked for a board seat and changes at Metro One "to maximize shareholder value." Shareholder Everest Special Situations Fund wrote to Metro One calling for Chairman William Rutherford to resign. The Strategic group agreed with much of what Everest expressed; it holds 720,028 shares (11.55% of total outstanding).

-
TOPP
Topp - $0.00
- N/A
- $N/A
Topps (TOPP) An investor group including Topps' director Arnaud Ajdler and Crescendo Investments II wrote to Topps' board, criticizing it for actions taken at a March 13 meeting. As reported, the board blocked two directors from officially monitoring acquisition offers that might compete with a recently announced -- and controversial -- bid to buy the trading-card company for about $385 million. Topps expressed concern over whether Ajdler and investor Timothy Brog could "adequately represent the best interests of the company's stockholders" given their "publicly stated opposition" to Topps' proposed merger with Tornante Co. and Madison Dearborn Partners. The Crescendo group holds 2,547,700 shares (6.6%).

-
AVCA
Advocat - $3.10
- +3.33%
- $3.17
Advocat (AVCA) Bristol Investment Fund has urged Advocat to retain a financial adviser to begin an auction process, solicit offers and engage in discussions with potential strategic buyers. It wants Advocat to form a committee of outside directors to evaluate offers and other alternatives. Bristol recommends that AVCA focus on a stock-buyback plan. Bristol holds 256,861 shares (4.4%).

-
INSP
Infospace - $7.82
- +2.09%
- $7.74
InfoSpace (INSP) A shareholder group including Castlerigg Master Investments and Sandell Asset Management recommends that InfoSpace commit to $15 million in cost-cutting and return at least $300 million of its cash balance to shareholders through a share buyback and a dividend. The group also suggested that, if management doesn't close the value gap, the board should engage a financial adviser to sell INSP in whole or part. The shareholder group owns about 2.77 million shares (8.8%).

-
DVSA
Dvsa - $0.00
- N/A
- $N/A
Diversa (DVSA) T. Rowe Price (TROW) opposes Diversa's proposed merger with Celunol. The investor expressed "dissatisfaction" with the proposed transaction and intends to determine what alternative courses of action may better serve its interests. T. Rowe holds about 3.43 million shares (7.7%).

-
EDUC
Educational Devel - $4.00
- 0.00%
- $N/A
Educational Development (EDUC) Investor Richard Scott reported ownership of 313,138 shares (9.01%), after buying them at $7 each in a private placement March 6 -- making Scott the second-largest shareholder of the company.

-
UTEK
Ultratech - $11.85
- -0.42%
- $12.03
Ultratech (UTEK) Thales Fund Management boosted its stake to about 3.37 million shares (14.5%), from 2.8 million shares (12.1%) reported on Feb. 22. Thales Fund expects to acquire additional shares. In January, the fund disclosed it had sent a letter to UTEK asking it to consider a sale of the company as a way to maximize shareholder value.

-
LSCO
- $0.00
- 0.00%
- $N/A
Lesco (LSCO) A group of funds managed by Mario Gabelli's Gamco Investors (GBL) reported ownership of 644,311 shares (7.04%), after buying them from Feb. 20 to March 9 at $14.25 to $27.39 each.
- Barron's Activist Stocks 3-19-07's Blog
- No Blogs Found
- Top Professional Portfolios
- 1. Charlie Munger
- 2. Bernard L. Madoff Inve...
- 3. Renaissance Technologies
- 4. Templeton World A (TEMWX)
- 5. Fidelity Select Consum...
- show all
- Top Do-It-Yourself Portfolios
- » Joy
- » tsamanuli Portfolio 1
- » brueckenc Portfolio 1
- » HMH1
- » Fundsonly Portfolio 1
- show all
- Most Viewed Portfolios
- » Warren Buffett
- » 10 Short Squeezes
- » George Soros
- » T. Boone Pickens - BP Cap...
- » Carl Icahn
- show all
Investors were spooked on Wednesday as bleak broad-based corporate outlooks and dismal employment data dominated headlines. Stocks experienced their largest drop in more t...
At Stockpickr.com, we strive to keep track of insider purchasing and buybacks each week. Here's the perfect setup in my mind: insiders buying the stock, the company buying ...
The traders of CNBC’s "Fast Money" think the current stock market is a traders' market. In order to play a traders' market, you have to nimble. You also have to know whic...
Pfizer (PFE) CEO Jeff Kindler has hinted that the world’s biggest drugmaker is open to a large-scale acquisition. “The real goal is to grow revenues," he told the Fina...
A. agree with mike, if you are new to
investing the market the best think you
can do right now is watch. The market
is not cheap in any way right now other
than the comparsion of where it just was
over a year ago. The market and economy
are going to a lot longer than what most
people think to become stable let alone
recover.
A. small trading before thrusday
This portfolio consists of NYSE stocks that are trading for less than $5 per share and are profitable. more
These stocks were downgraded by TheStreet.com Ratings on Dec. 29, 2008. more
This list consists of stocks that are down 10% or more in the last year but may be poised to surprise us on the upside going forward. The basis for the list is as follows: ... more








Comments not available