Barron's Activist Stocks 5-14-07
4668 views
Rate Now: 1 2 3 4

average rating: 0.00 / 0 ratings
Created by Barrons
DESCRIPTION:

Date updated:05-12-2007

From Barron's 5-14-07

13D Filings.


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.

symbol name last price % change open
  • +
  • COMS
    3com Corporation
  • $7.44
  • -0.27%
  • $7.46

3Com (COMS) Citadel Investment Group would like to meet with the management and board to discuss the networking-systems company's strategy. Citadel Investment believes that many options exist today for the creation of substantial value for 3Com's shareholders, but it didn't specify what those options are in the letter. Citadel Investment reported ownership of 33,492,877 shares (8.4%).

People owning COMS also tend to own: GEGICOUSUBOTCOPCTBHAL

TheStreet.com Rating: C What is this?

  • +
  • ALLB
    Alliance Bancorp
  • $8.60
  • 0.00%
  • $N/A

Alliance Bancorp (ALLB) PL Capital Advisors intends to influence the company's policies and assert shareholder rights, with the goal of maximizing long-term value of Alliance stock. PL Capital may make further purchases of the Pennsylvania banking company's shares, although it now has no intention of increasing its holdings above 9.99%. PL Capital currently owns 379,666 shares (5.3%).

People owning ALLB also tend to own: BOFLCMECZFCFKFSGFSIITGNDAQ

TheStreet.com Rating: C What is this?

  • +
  • PTFC.PK
    Penn Traffic New
  • $0.26
  • 0.00%
  • $N/A

Bay Harbour Management intends to continue to seek representation on Penn Traffic's board. Bay Harbour said that it's "concerned" that it has no representation on the board, and suggested that Penn Traffic increase the number of directors and elect one of its designees to fill the vacancy, which the company has refused to do. Bay Harbour said it has been negotiating with the food distributor and supermarket owner to enter into a confidentiality agreement to assist the company in addressing its financing alternatives, but that the parties have been unable to reach an agreement. As of Feb. 16, Bay Harbour reported ownership of 1,912,992 shares (23.1%).

People owning PTFC.PK also tend to own: ALLBCMROCOMSCWLZGEMSNHHCUIS

TheStreet.com Rating: No Rating What is this?

  • +
  • GEMS
    Gems
  • $0.00
  • N/A
  • $N/A

Glenayre Technologies (GEMS) Third Point urged Glenayre Technologies' management to immediately begin an auction to sell the company, which makes prerecorded CDs and DVDs, among other items. Third Point said that the "only logical decision" for Glenayre Technologies' management and board is to immediately hire financial advisers to arrange a sale. Third Point currently holds 4,415,000 shares (6.3%).

People owning GEMS also tend to own: APOLBRK-BCSWCENTUFADVINTCKRG

TheStreet.com Rating: No Rating What is this?

  • +
  • CMRO
    Comarco
  • $2.97
  • 0.00%
  • $N/A

Comarco (CMRO) Elkhorn Partners intends to nominate three directors for election to the board at the company's 2007 shareholders' meeting. The nominees are William H. Evers Jr., chief executive officer of Systems Technology & Science; Alan S. Parsow, general partner of Elkhorn; and Sean T. Mullen, a principal of the public-accounting and consulting firm Hancock & Dana. Elkhorn Partners currently owns a stake of 9.1% -- 668,898 shares -- of Comarco stock outstanding. The company makes mobile-power adapters that can be used in recharging products such as laptop computers and cell phones.

People owning CMRO also tend to own: AAVACHAODBPTBTECATCHL

TheStreet.com Rating: No Rating What is this?

  • +
  • CWLZ
    Cowlitz Bancorpor
  • $0.85
  • 0.00%
  • $1.00

Cowlitz Bancorp (CWLZ) Crescent Capital VI reported ownership of 483,000 shares (9.8%), after buying 348,858 from March 2 to April 30 at $16.73 to $17.16 a share.

People owning CWLZ also tend to own: ACASALDBBNKBPLDBVFCCYGSIC

TheStreet.com Rating: D What is this?

  • +
  • UIS
    Unisys Cp New
  • $32.99
  • -1.96%
  • $33.61

Unisys (UIS) MMI Investments raised its holdings to 27.96 million shares (8.1%), from 24.35 million (7.1%), reported in March.

People owning UIS also tend to own: ASYSMACEMANASHLMGEQLGCARTQX

TheStreet.com Rating: E+ What is this?

Portfolio not tracked!

Comments not available

ADD YOUR COMMENTS:

Dividend Stocks for the Week

By Jonas Elmerraji Posted on Nov. 24, 2009 Don’t dismiss dividends right now. While stocks may have made significant strides in the rally that’s taken hold of the m...

11.24.09 | 11:36 AM
This Week's 'Barron's' Roundup

By Roberto Pedone Posted on Nov. 24, 2009 10 Terrific Dividend Stocks: This Barron’s article highlights 10 high-quality dividend-paying stocks for investors who’re ...

11.24.09 | 08:05 AM
Rocket Stocks for the Week

By Jonas Elmerraji Posted on Nov. 23, 2009 As well as broad-based indexes have performed in the last few months, Stockpickr's weekly Rocket Stocks list has managed to d...

11.23.09 | 10:34 AM
Cramer's Take on Headline Stocks...

Not a Stockpickr member? Join the community today -- for free.Regardless of why a stock is in the news, it never hurts to hear what a professional investor has to say about...

11.20.09 | 11:48 AM
more articles
Nymph's Trading Daily Trading Diary
04.13.09 | 01:10 AM From author Trading Nymph
Boycott Mad Money
11.24.09 | 23:14 PM From author Searenity Research
Banks to lead us in economic rec...
11.24.09 | 23:55 PM From author graspthemarket
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZA
more forums
Q. OK, what would it take to make g...
11.24.09 | 18:01 PM Asked by alchemist

A. A stronger dollar, reduction in
government debt, gold backing of the
dollar.

today 's lists
TheStreet.com TV Videos

These are some of the stocks mentioned on TheStreet.com TV recently. Click the URL below each stock to watch the videos. more

Rising on Unusual Volume

Here are some stocks that moved up on unusual volume on Nov. 24, 2009. more

Analyst Upgrades

Analyst Upgrades or Estimate Increases for Nov. 24, 2009. Read more here. more