It was only a couple of weeks ago that shareholder discontent forced T-Mobile's parent company to sweeten its MetroPCS (NYSE: TMUS ) buyout offer. Two hedge funds, Paulson & Co. and P. Schoenfeld Asset Management, so badgered MetroPC with SEC filings opposing the merger that Deutsche Telekom finally came up with terms that quelled the misgivings of those influential investors.
Now,�Sprint Nextel's (NYSE: S ) proposed buyout of its networking partner Clearwire (NASDAQ: CLWR ) is also facing serious shareholder opposition.
Clearwire investor Mount Kellett Capital Management, which owns 7.7% of Clearwire shares, sent a letter to Clearwire's board soon after the Sprint deal was proposed in October, saying it believed "Clearwire's stock to be substantially undervalued."
Last December, another Clearwire shareholder, Crest Financial, holder of 5.2% of Clearwire shares, went further than just sending a letter. It sued the board, the company, and Sprint to stop the buyout. Crest alleged�(link opens PDF) "breaches of fiduciary duty by Clearwire's controlling stockholders and its officers and directors."
Top 10 Wireless Telecom Stocks To Invest In Right Now: Dollar Tree Inc.(DLTR)
Dollar Tree, Inc. operates discount variety stores in the United States and Canada. Its stores offer merchandise primarily at the fixed price of $1.00. The company operates its stores under the names of Dollar Tree, Deal$, Dollar Tree Deal$, Dollar Giant, and Dollar Bills. Its stores offer consumable merchandise, including candy and food, and health and beauty care, as well as household consumables, such as paper, plastics, household chemicals, in select stores, and frozen and refrigerated food; variety merchandise, which includes toys, durable housewares, gifts, party goods, greeting cards, softlines, and other items; and seasonal goods, such as Easter, Halloween, and Christmas merchandise. As of April 30, 2011, it operated 4,089 stores in 48 states and the District of Columbia, as well as 88 stores in Canada. The company was founded in 1986 and is based in Chesapeake, Virginia.
Advisors' Opinion:- [By Brendan Byrnes]
Brendan: Not a problem at all. What about the surprising amount of dollar-store companies that are public? You have Family Dollar (NYSE: FDO ) , Dollar Tree (NASDAQ: DLTR ) , Dollar General (NYSE: DG ) . You mention, in particular, Family Dollar, which is the lowest market cap out of all of those, as doing the best, an exceptional company. Why?
- [By Ted Cooper]
Family Dollar (NYSE: FDO ) reported sales growth even as earnings per share fell amid a tough operating environment and ongoing merger preparations. The company expects to close on a takeover offer proposed by Dollar Tree (NASDAQ: DLTR ) within the next few quarters. The merger-related restructuring charges and fees hurt the company's bottom line, but earnings fell even after adding back those expenses. Here's what it could mean for shareholders.
Top 10 Valued Companies To Watch In Right Now: Tupperware Corporation(TUP)
Tupperware Brands Corporation operates as a direct seller of various products across a range of brands and categories through an independent sales force. The company engages in the manufacture and sale of kitchen and home products, and beauty and personal care products. It offers preparation, storage, and serving solutions for the kitchen and home, as well as kitchen cookware and tools, children?s educational toys, microwave products, and gifts under the Tupperware brand name primarily in Europe, Africa, the Middle East, the Asia Pacific, and North America. The company provides beauty and personal care products, which include skin care products, cosmetics, bath and body care, toiletries, fragrances, nutritional products, apparel, and related products principally in Mexico, South Africa, the Philippines, Australia, and Uruguay. It offers beauty and personal care products under the Armand Dupree, Avroy Shlain, BeautiControl, Fuller, NaturCare, Nutrimetics, Nuvo, and Swissgar de brand names. The company sells its Tupperware products directly to distributors, directors, managers, and dealers; and beauty products primarily through consultants and directors. As of December 26, 2009, the Tupperware distribution system had approximately 1,800 distributors, 61,300 managers, and 1.3 million dealers; and the sales force representing the Beauty businesses approximately 1.1 million. The company was formerly known as Tupperware Corporation and changed its name to Tupperware Brands Corporation in December 2005. The company was founded in 1996 and is headquartered in Orlando, Florida.
Advisors' Opinion:- [By Jonathan Berr]
Multilevel marketing (MLM) groups such as Herbalife operate through independent sales representatives, who earn money both through the sales of product and by recruiting other people to join their team. This business model — which is used by scores of companies, including�Pampered Chef, which is owned by Warren Buffett’s Berkshire Hathaway (BRK.B), Tupperware (TUP) and Mary Kay Cosmetics — is legal provided that actual products are sold.
- [By James Brumley]
CSCO stock might be one of the market’s dark-horse stories of 2014; the dividend yield is the icing on the cake.
Dividend Stocks to Buy: Tupperware Brands (TUP)Dividend Yield: 3.2%
- [By Johanna Bennett]
Corporate earnings took a back seat today to the Fed�� latest policy decision. Still, quarterly financial results, and other news sent shares of McCormick & Co. (MKC) and Tupperware (TUP), falling during regular market hours�Here�� a rundown of several of today�� moves:
Top 10 Valued Companies To Watch In Right Now: Caterpillar Inc.(CAT)
Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. It operates through three lines of businesses: Machinery, Engines, and Financial Products. The Machinery business offers construction, mining, and forestry machinery, including track and wheel tractors, track and wheel loaders, pipelayers, motor graders, wheel tractor-scrapers, track and wheel excavators, backhoe loaders, log skidders, log loaders, off-highway trucks, articulated trucks, paving products, skid steer loaders, underground mining equipment, tunnel boring equipment, and related parts. It also manufactures diesel-electric locomotives; and manufactures and services rail-related products and logistics services for other companies. The Engines business provides diesel, heavy fuel, and natural gas reciprocating engines for Caterpillar machinery, electric power generation systems, marine, petrol eum, construction, industrial, agricultural, and other applications. It offers industrial turbines and turbine-related services for oil and gas, and power generation applications. This business also remanufactures Caterpillar engines, machines, and engine components; and offers remanufacturing services for other companies. The Financial Products business provides retail and wholesale financing alternatives for Caterpillar machinery and engines, solar gas turbines, and other equipment and marine vessels, as well as offers loans and various forms of insurance to customers and dealers. It also offers financing for vehicles, power generation facilities, and marine vessels. The company markets its products directly, as well as through its distribution centers, dealers, and distributors. It was formerly known as Caterpillar Tractor Co. and changed its name to Caterpillar Inc. in 1986. Caterpillar Inc. was founded in 1925 and is headquartered in Peoria, Illinois.
Advisors' Opinion:- [By Jayson Derrick]
Caterpillar (NYSE: CAT) will purchase $2.5 billion of its common stock under an accelerated stock repurchase transaction. Shares gained 0.52 percent, closing at $104.69.
Top 10 Valued Companies To Watch In Right Now: Schlumberger N.V.(SLB)
Schlumberger Limited, together with its subsidiaries, supplies technology, integrated project management, and information solutions to the oil and gas exploration and production industries worldwide. The company?s Oilfield Services segment provides exploration and production services; wireline technology that offers open-hole and cased-hole services; supplies engineering support, directional-drilling, measurement-while-drilling, and logging-while-drilling services; and testing services. This segment also offers well services; supplies well completion services and equipment; artificial lift; data and consulting services; geo services; and information solutions, such as consulting, software, information management system, and IT infrastructure services that support oil and gas industry. Its WesternGeco segment provides reservoir imaging, monitoring, and development services; and operates data processing centers and multiclient seismic library. This segment also offers variou s services include 3D and time-lapse (4D) seismic surveys to multi-component surveys for delineating prospects and reservoir management. The company?s M-I SWACO segment supplies drilling fluid systems to improve drilling performance; fluid systems and specialty tools to optimize wellbore productivity; production technology solutions to maximize production rates; and environmental solutions that manages waste volumes generated in drilling and production operations. Its Smith Oilfield segment designs, manufactures, and markets drill bits and borehole enlargement tools; and supplies drilling tools and services, tubular, completion services, and other related downhole solutions. The company?s Distribution segment markets pipes, valves, and fittings, as well as mill, safety, and other maintenance products. This segment also provides warehouse management, vendor integration, and inventory management services. Schlumberger Limited was founded in 1927 and is based in Houston, Texas.
Advisors' Opinion:- [By Holly LaFon]
For the 12-month period ending June 30, 2014 the Russell 3000庐 Index rose 25.22%. The Davis Opportunity Fund significantly outperformed the Index over this shorter time period as well.1 On a sector basis, consumer discretionary and information technology were the leading contributors to performance. Individual contributors for this period included Google�(GOOG), (GOOGL), (a global leader in online search), Wells Fargo (WFC), (a U.S.-based financial services firm), Schlumberger (SLB), (a leading global energy services company), UnitedHealth Group (UNH), (the largest health care insurance business in the United States), Vipshop Holdings (VIPS), (a Chinese online retailer), and Textron (TXT), (a U.S.-based industrial conglomerate).2 Detractors included Experian PLC (EXPN), (a leading global consumer credit bureau), Angie�� List (a U.S.-based online small business ratings service), and Amazon.com (AMZN), (a U.S.-based global e-commerce business).
- [By Tyler Crowe]
When it comes to Canadian oil sands, there has been one direction that many a company has followed: toward the exit. Tough economics, as well as a lack of sufficient takeaway capacity, has made oil sands production difficult for oil companies. But where so many other companies see peril, ExxonMobil (NYSE: XOM ) and Schlumberger (NYSE: SLB ) see opportunity. Exxon has held the course on its major Kearl oil sands project and expects it to be up and running in 2015. Also, Schlumberger has just acquired a Canadian company that provides geochemical and fluid analysis to oil sands producers.
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