CWEB

General Mills Is Raising $1 Billion For Blue Buffalo Purchase - CWEB.com General Mills (NYSE: GIS ) announces a secondary offering of about $1B worth of stock, with underwriter greenshoe of up to $100M. Proceeds will be used to help fund the Blue Buffalo Pet Products acquisition. General Mills intends to use the net proceeds from the Equity Offering, together with the net proceeds from a contemplated senior unsecured notes offering (the "Notes Offering"), the incurrence of debt under General Mills' U.S.commercial paper program and cash on hand to finance its previously announced acquisition (the "Acquisition") of Blue Buffalo Pet Products, Inc. ("Blue Buffalo") and to pay related fees and expenses.   Goldman Sachs & Co. LLC and BofA Merrill Lynch are acting as joint book-running managers and representatives of the underwriters for the Equity Offering. Barclays Capital Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc. an...

Is Micron Undervalued Or Fair Play - CWEB.com Micron Technology ( MU ) has been quite interesting trade.  “The DRAM and NAND flash memory market  growth forecasts for 2018 have been adjusted upward to 37% for DRAM (13% shown in MR18) and  17% for NAND flash (10% shown in MR18) ...The big increase in the DRAM market forecast for 2018 is primarily due to a much stronger ASP expected for this year than was originally forecast. IC Insights now forecasts that the DRAM ASP will register a 36% jump in 2018 as compared to 2017, when the DRAM ASP surged by an amazing 81%. Moreover, the NAND flash ASP is forecast to increase 10% this year, after jumping by 45% in 2017. In contrast to strong DRAM and NAND flash ASP increases, 2018-unit volume growth for these product segments is expected to be up only 1% and 6%, respectively.” --  IC Insights . Micron's common stock is cheaper than those of its suppliers and partners. The company is headed towards a 60% net profit ma...

TOP Ship A Deja Vu That Is Bleeding The Investors - CWEB.com Top Ship (TOPS) had a lot of reporting in 2017. Here are some of the good point's reported in 2017 and why you should stay away before investing in this sector. Conversion of Series C preferred shares to common shares is almost complete. In 2017 Kalani Investments was leaving the Greek shipping stock stage as a consequence of class action lawsuits and SEC subpoenas. Reserve split No. 8, so the fifth in 2017, is imminent due to ongoing dilution efforts and to regain compliance with Nasdaq listing requirements. Limited US shareholder protection as TOP Ships is a Marshall Islands incorporated company. Less regulation as a "foreign private issuer" company on the Nasdaq as well. Unlike US based companies however, the company is not obligated to file quarterly reports (10-Qs) or to provide current reports (8-Ks. TOPS CEO (TOPS)  Evangelos Pistiolis, are exempt from the reporting and with respect to th...

DropBox IPO Closes Its 35% Up On First Day Of Trading - CWEB.com Dropbox ( DBX ) closes its first day of trading up over 35%. The stock opened at $29 this morning and rose as much as 50% intraday. Dropbox’s market valuation was $12.67B at the opening price. The company had a $10B valuation during its last private fundraising round. The first major tech IPO of the year! The company has now unveiled its filing, meaning the actual IPO is likely very soon, probably late March. The filing shows that Dropbox ( DBX )  had $1.1 billion in revenue for last year. This compares to $845 million in revenue the year before and $604 million for 2015. The company is not yet profitable, having lost nearly $112 million last year. This shows significantly improved margins when compared to losses of $210 million for 2016 and $326 million for 2015. The filing shows that Dropbox ( DBX )  had $1.1 billion in revenue for last year. Dropbox, which has a freemium model...

Is Verizon Undervalued At Its Current Price - CWEB.com Verizon Communications Inc. ( VZ ) has been in a solid downtrend since early February, and it is presently influencing another bearish break to out of a multi-week consolidation and now underneath a key up-drifting support level. Treasury yields are moving higher which is putting weight on the solid 4.99% profit yield ( VZ ) is at present advertising. The 4.99%dividend yield may resemble sufficiently appealing profits that lure new speculators, It's vital to see that a rising profit yield is essentially a side-effect of a stock that is dropping. We anticipate that ( VZ ) will keep tumbling to levels of support $46. Verizon Communications Inc. ( VZ ) stock has had a battle so far in 2018. The shorts are wagering enormous bets that rising interest rates will keep on pressuring Verizon. Short sellers relying upon rising interest loan rates, seem to view the AT&T Inc. ( T ) -/ Time Warner In...

Why Is BiopharmX Corp A Strong Buy - CWEB.com BioPharmX Corporation ( BPMX ) is a dermatology focused clinical stage pharmaceutical. BioPharmX Corporation  ( BPMX ) is a Silicon Valley-based specialty pharmaceutical company, which seeks to provide products through proprietary platform technologies for prescription, over-the-counter (OTC), and supplement applications in the health and wellness markets, including dermatology and women's health. Institutions own 28.93% of BioPharmX Corporation ( BPMX ) ’s shares. Among active positions in the latest quarter, 7 holders increased their positions by a total of 10.8 million shares. This works out to a net increase in ownership of 9.61 million shares, and suggests that institutions are feeling bullish about the stock. Sabby Management LLC purchased a new stake in Biopharmx Corp ( BPMX )during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange C...

Is Exxon Mobil A Buying Opportunity For 2018 - CWEB.com Exxon Mobil Corp. ( XOM ) is looking to build a new facility on the Gulf coast. The decision should be announced later this year, with the facility starting up as early as 2021. Per the press release- The project would be one of 13 new facilities as Exxon plans its efforts to facilitate expansion its chemical manufacturing capacity in North America and the Asia Pacific by about 40 percent. For 2018, the average WTI crude oil price is expected to be $56 leading with its Crude Oil & Natural Gas Liquid segment. Exxon ’s intention to invest $50 billion in the United States through the next five years- propelling the company’s goal of doubling annual earnings by 2025. Exxon  ( XOM ) expects its earnings to grow 135% by 2025 Exxon has a high dividend yield that makes it an attractive investment. If crude goes up to $60 per barrel, it will bode friendly for the shareholders. The debt to capitalization ...

Comcast Offers $31 Billion Takeover Bid For European Pay-Tv Giant Sky - CWEB.Com Comcast Corporation ( CMCSA ) is a global media company with one of the largest video, high-speed Internet, phone services, wireless and security and automation service providers in the United States. It owns Comcast Cable and NBC Universal. The largest pay-tv company in the UK is set to be purchase SKY for $31 billion, including their streaming TV unit-, the very successful on-demand services, such as Now TV, that competes with Netflix, the satellite TV business broadcast rights to European sports, and a massive content library. NBC and Sky’s programming, revolve around more traditional pay TV content –news, entertainment, and sports. Regionally focused content is difficult to scale across the globe, so it won’t be anytime soon that Netflix will become a competitor. The return on equity (ROE) is impressive for Comcast as compared to Charter Communications. The current ROE for Comcast is 16.5%....

Walmart Partners With Fed Ex - CWEB.com FedEx (NYSE: FDX ) and Walmart (NYSE: WMT ) signed agreement today to have 500 new FedEx Office locations within select domestic Walmart stores across the U.S.  "We gravitated toward Walmart because they have this fantastic physical infrastructure," FedEx Office CEO Brian Philips tells CNBC. "We are already great partners with Walmart on the transportation side, so it was natural for us to talk about a store-within-a-store format." Walmart (NYSE: WMT ) based FedEx Office offers packing, shipping and printing services. Customers can also direct their packages to be held at any of these locations for up to five business days using FedEx delivery service. Walmart's  (NYSE: WMT ) emphasis on its capacities as a "one-stop-shop" highlights the retailer's game plan to compete with e-commerce rival as Amazon ( AMZN ) and J.C Penny ( JCP )  CWEB Analyst's have initiated a Buy Rating for Walma...

Is BlackBerry A Buy Or Sell - CWEB.Com BlackBerry ( BB ) and Chairman and CEO John Chen have agreed to a contract extension through November 2023. The board has "tremendous confidence" in Chen, according to lead director Prem Watsa; "John engineered a successful turnaround and has the company repositioned to apply its strengths and assets to the Enterprise of Things, an emerging category with massive potential." BlackBerry (NYSE: BB ) has entered in strategic partnership with Microsoft (NASDAQ: MSFT ) on enterprise software. BlackBerry ( BB ) has also sealed a new licensing deal for its "BlackBerry Secure" with Swiss electronics maker Punkt Tronics. Punkt will embed cybersecurity technology from BlackBerry among its products BlackBerry (NYSE: BB ) has also launched a new software, called Jarvis, which identifies vulnerabilities in programs used in self-driving cars. The product, a pay-as-you-go, cloud-based service, has already been te...

Twitter Stock Is Heating Up. Wall Street Takes Notice - CWEB.com By: Leslie Cohen-Managing Editor CWEB Twitter Inc. ( TWTR ) has returned an astounding 143.5%. In comparison, Facebook ( FB ) shares have returned 31.8%, Snapchat ( SNAP ) has lost 14.1%. investors should take note, Twitter’s changes to become more of a social media site has Wall Street noticing. What’s so great about Twitter? Users can engage directly with celebrities, sports icons and breaking news as it happens from all over the world. Twitter generated the sixth-most advertising revenue of any company in 2017, according to eMarketer. Twitter shares have risen more than 60 percent since COO Anthony Noto said he would be leaving the company. Twitter is expanding more attractive features, including live Tweeting that has increased user advertising engagement by 75%. Video increases revenues and stockholders are rewarded with features that will help the company increase revenue for the company and it ad...

Groupon The Come Back Kid Stock - CWEB.com 2018 was the year for Groupon’s stock (NASDAQ: GRPN )  rating has been upgraded by a number of major investment banks. Analysts are expecting 232.04% YoY EPS growth for Q1, up from 0.00% in Q4 reporting on 5/2/2018 North Am. Active Customers is a key growth metric for their next report on 05/02/2018 Groupon (NASDAQ: GRPN ) is the most popular daily deals website across America and worldwide. Offering amazing deals on everything from dining out, to consumer goods and travel deals. They have a loyal customer base of 32.7M in 2017 which grew by 200,000. The adjusted EBITDA for Q4’17 attained $105.3M vs $80.2M Y/Y, a new record for the company. Groupon's (NASDAQ: GRPN ) Q4'17 and full year results were actually good. Total revenue for Q4'17 came in at $873.2M, ahead of expectation by about $20M Managment is also very bullish on the stock. Insider Williams Rich (Chief Executive Officer) added 166,885 (7.1%) sh...

Walmart Has Filed Six Patents For Agricultural Drones - CWEB.Com By Leslie Cohen: Managing Editor CWEB The patents could signal that Walmart ( WMT ) is looking to have more control over its food supply chain. Walmart ( WMT ) , the grocery store and retail giant have filed six patents for agricultural drones. Utilizing the patented technology of drones can make Walmart become more productive farming of crops, which making it more technological advanced for efficiency, and respectively towards more profitability. As consumers demand more fresh and healthy food choices, the drones can track pests and monitor crop damage in the fields. The patent reveals a method for drones to selectively apply chemicals and help disperse pollen- built specifically only where it is needed. Food retail analyst says that the technology could help Walmart compete with Amazon and others that offer groceries. Walmart efforts to compete against Amazon in the on- demand delivery market are...