Blog Profile / The Stalwart
| URL : | http://www.thestalwart.com/ | |
|---|---|---|
| Filed Under: | Business & Finance / Investing | |
| Posts on Regator: | 590 | This blog is retired. |
| Archived Since: | February 5, 2008 | |
Blog Post Archive
I've Moved to Research Reloaded
The Stalwart has unfortunately been very quiet as of late, or even for awhile already given that Joe now writes at Clusterstock (As most who have followed this site probably know) and I, Vincent, have been busy with my own...
Whole Foods Might Have to Dismantle Its Wild Oats Acquisition
Beware the insurmountable barriers to entry which the retailing of organic tomatoes bestows. We mentioned this situation before whereby the "deal would harm consumers who shop at "premium natural and organic supermarkets."", treating this business as if it were walled...
Time Period for PSD Reconsiderations Ended Jan 9
In regards to Macqarie/PSD M&A, TheDeal says the timeline has passed for people to respond to the WUTC's approval, and now going forward any questions would only be amendments to the deal. Still, they speculate that the relatively wide spread...
Some Good News Peeking Through For Credit Markets
I've noticed a few pieces of good news starting to peek through, though still a lot of bad news out there. It makes me think an interesting book I read, called Anatomy of the Bear. Its published by CLSA and...
Dr. Doom #5
Many thanks to a comment from Pej. It turns out we have a fifth Dr. Doom. Peter Schiff.His extremely bearish views on the U.S. Dollar, the United States stock market, bond market and the United States economy have earned him...
TIPs vs. Treasuries - A Play on Inflation Being Over 0.27% Going Forward
The idea for this came via a friend, and then I looked a bit more into it. Basically the spread between inflation protected US government bonds and standard US government bonds has become extremely small vs. history and even potentially...
ROH Could Close This Week, "Smart Money" Buys Into Distressed Energy Co's
Energy smart money buys into distressed Sandridge. (SD) Chesapeake Energy (CHK) also gets a dose of cash by selling assets to the same smart money.Student loans a bright spot in lending, with lots of liquidity due to quick thinking US...
US Refiners Continued - If We're Not Going Back to a 2006-2007 Industry Environment, Then They Don't Look Cheap
In regards to US refiners still being priced for good times, in my view as per EV/Capacity analysis. If you have a bullish near term view on their industry, think we're going back to 2006-2007, then fine. The point I...
Even CEO Can't Figure Out How Radioshack is Still in Business
Great satire via the Onion.Even CEO Can't Figure Out How RadioShack Still In BusinessFORT WORTH, TX—Despite having been on the job for nine months, RadioShack CEO Julian Day said Monday that he still has "no idea" how the home electronics...
PSD An Interesting Spread to Watch
Shares of M&A target Puget Energy (PSD) jumped last week as Washington state regulators finally approved the company's acquisition by Macquarie and a group of pension funds. Still, rather oddly, the shares are well below the $30 take out price...
Analysts Anonymous - My Take on What's Happening
You can take the analyst out of the brokerage, but you can't take the brokerage out of the analyst. What's happening, this Stalwart's take....Obama's economic plan could include a large dose of tax cuts, perhaps totalling $300bn, rather than simply...
An Experimental Post, US Refiners Still Price-in Industry Strength
I admit that this is a rather experimental post. I have done some work recently looking at valuations on US independent refiners and have reached some conclusions, one being that current share prices, despite their substantial declines in 2008, still...
Post-Panic, Market Inefficiencies in the Crannies
If one thing this financial crisis has exposed, it is that markets aren't as efficiently priced as half of modern financial theory presupposes. I am not referring to the housing crisis, where much has already been said.Rather, I am referring...
Kick'em While They're Down
John Paulson, of hedge fund firm Paulson & Company, in recent investor communications has lambasted his competitors for blocking investor redemption requests, something his firm has not done. His firm has actually fared well in 2008, thus hasn't been pressured...
Organic Vegetable Monopolies & Snack Food Vitamins
In regards to the Whole Foods/ Wild Oats merger. Won't burden you with a tirade here. But this is hilarious:FTC lawyer Matthew Reilly told Friedman he could impose a range of remedies, and that because a lack of competition in...
Live! From Austin
I'd been meaning to mention this sooner here, but I'm currently on my annual 2-week sojourn to Austin, TX. I have my fair slew of friends here from college days, but I always like meeting new people especially if you...
GM Could Go to Zero, Chrysler Even More Likely. Ahh... So We Do Have a Non-Govt Mechanism for Restructuring Companies
Yes we know. We could have been more succinct with our title. Nevertheless, one of the top US business stories yesterday involved a Credit Suisse analyst predicting that GM could go to zero in its restructuring process. Which would mean...
Coase On Beet Greens
Hey y'all, it's Joe here... haven't posted in a while, but alas that's happened from time to time before. Anyway, I wanted to throw out something I've been thinking of. I feel like there's a real breakdown of the Coase...
CEG Bids a Hasty Au Revoir to Buffet, Without Shareholder Approval
In what has been an action-packed M&A arb drama, Constellation Energy (CEG) has entered a defininitive agreement with France's EDF group to sell a 50% stake in its nuclear generation and operation business, bidding a hasty au revoir to Buffet's...