Corporate raider, Carl Icahn has given up an attempted takeover of the Clorox board of Directors. Icahn wanted to get himself, his son and nine other people elected to the board, but realized that he did not have enough investor support for this move. Interestingly, the Director of Growth Equities at GAMCO Investors Inc., Howard… Continue Reading
There is a silver trading company whose stock has been steadily rising for the last two years and continues to rise. The company is Endeavor Silver Corp. (EXK). It has agreements to buy silver at low prices from silver mines in Mexico and Chile. EXK was renamed in 2004 from the original company, Endeavour Gold… Continue Reading
The markets are volatile, American and European debt are out of control, and unemployment and underemployment are rising. Under these conditions we might assume that everyone is cutting back on their spending. We see that the low cost retail chains and products are doing better and the mid-priced products are losing customers. However, as Jon… Continue Reading
One of China’s major growth industries today is English language education. The rapid growth of this industry is due to the generally fast expansion of China’s economy, including rising disposable income and a fast-paced trend towards urbanization throughout the country. Guanya Education Group is one of the leaders in China’s English Education sector, with a… Continue Reading
Harry Winston Diamond Corporation has a double niche in the diamond market. The company mines and sells rough diamonds as one business. The retail demand for diamonds especially in emerging economies like India and China is strong and results in good prices for rough diamonds. In the second quarter of 2011, Harry Winston producded .72… Continue Reading
Target Corp (TGT) started this year with its stock tumbling from $60.77 and hitting bottom in June at 46.46. It now seems to be on its way back up, currently at 52.66. Target is a general merchandiser covering a wide range of products at low prices. This is especially advantageous today when people are worrying… Continue Reading
For the last 17 months, Avis Budget Group (CAR) and Hertz Global Holdings (HTZ) have been bidding to acquire the Dollar Thrifty Automotive Group (DTG), a car rental company. Yesterday, Avis withdrew from the competition when they closed a deal to purchase Avis Europe. Avis Europe has 4,050 outlets in 112 countries throughout Europe, the… Continue Reading
Pfizer Inc. (PFE) is planning to maintain its core medicine producing business and divest of its nutrition and animal food divisions. Ian Read, Pfizer’s CEO, organized a study which lead to the conclusion that Pfizer would be best to concentrate on what it knows best and to have 2 divisions. One division would be generic… Continue Reading
The real estate industry in Latvia is showing renewed signs of life as its recovery from a severe economic contraction gains momentum. Of special note are key markets like Riga and Jurmala. Riga is the capital; one of the largest capital cities in the Baltic States. Riga is sophisticated and attractive to foreign residents and… Continue Reading
In a world that often times seems to be unraveling, the latest blow to the self esteem of US citizens is the dire predictions of the U.S. Postal Service (USPS) going belly up by the winter. Postmaster General Patrick Donahoe said in a hearing on Capital Hill recently that the US Postal Service is in a… Continue Reading