Recent Blog Posts
-
The Times' Rorshach Geithner Story
Apr 27 20099:26 am EDT -
Sinking Animal Spirits
Apr 27 20098:45 am EDT -
Counter-cyclical Urban Policy
Apr 26 200910:00 am EDT -
Be Your Own Counterfeiter
Apr 26 20099:36 am EDT -
Being Tim Geithner
Apr 25 200912:37 pm EDT -
Notes From a Press Conference Naif
Apr 25 20099:41 am EDT -
What Good is the News?
Apr 25 20098:32 am EDT -
Stressful Enough
Apr 24 20092:29 pm EDT -
Not Regretting the Pound
Apr 24 20091:09 pm EDT -
Introducing the New Ford Squeeze
Apr 24 20099:47 am EDT
Links
- Felix Salmon
- DealBreaker
- Ryan Avent: The Bellows
- The Epicurean Dealmaker
- Chris Anderson
- Ultimi Barbarorum
- MarketBeat
- Michelle Leder
- John Quiggin
- The Panelist
- Andrew Leonard
- Streetsblog
- Brad Setser
- Michael Mandel
- Financial Crookery
- Kash Mansori
- Dean Baker
- Calculated Risk
- Free Exchange
- Curbed
- Lance Knobel
- Econospeak
- Carbon Tax Center
- Overcoming Bias
- Mark Thoma
- Naked Capitalism
- Alphaville
- Barry Ritholtz
- Alexander Campbell
- The Bayesian Heresy
- Brad DeLong
- DealBook
- Greg Mankiw
- Deal Journal
- FP Passport
- Carl Bialik
- Marginal Revolution
- A Fistful of Euros
- Dan Gross
Who Will Get Acquired On Monday?
Cotten Timberlake has been looking at action in Macy's and Target shares, and reckons it's consistent with the kind of insidery trading which often precedes an acquisition announcement or a shareholder-friendly spinoff. So maybe Macy's will be bought on Monday, or maybe it won't: "It was the third consecutive Friday that the shares rose on the possibility of a buyout," Tiimberlake says.
A more likely takeover candidate is UK marketing and advertising agency Adventis. Capital Chronicle's RJH Adams notes that shares in Adventis surged 5.6% in the last two hours of trading on Friday, on volume of 1 million shares. Which doesn't seem particularly shocking until you learn that typical volume in Adventis is 250,000 shares a quarter.
Adventis is a very strong candidate for some kind of big announcement, then, while Macy's and Target are strong possibilities. After all, we do know that insider dealing is rampant, and rarely successfully prosecuted.
(Via DealJournal)
Comments
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.
