Owned by Peter Chernin, a co-founder of Hulu, Chernin group had initially submitted a $500 million bid for the company. However, AT&T, which itself is looking to introduce its over-the-top (OTT) offering reinforced the company to submit a higher bid.
AT&T-Chernin Group and DIRECTV (DTV) are now believed to be the strong contenders for Hulu. In Jun 2013, DIRECTV, the largest satellite-TV operator in the U.S., offered $1 billion to acquire the online streaming company.
Since DIRECTV�� initial bid for Hulu, the company has received a bid from Time Warner Cable Inc. (TWC) and a joint bid from Guggenheim Digital and private equity firm, Kohlberg Kravis Roberts & Co. L.P. (KKR). Guggenheim and KKR have since been eliminated from the bidding process. Time Warner Cable, on the other hand, wants to become a stake holder in Hulu. The owners could consider this as an option.
5 Best Long Term Stocks To Buy Right Now: Homex Development Corp (HOMEX*)
Desarrolladora Homex SAB de CV is a Mexico-based homebuilding company. Together with its subsidiaries, the Company is mainly engaged in the promotion, design, development, construction and sale of affordable entry level and middle income residential housing. The Company has four divisions: the Mexico Division; the International Division; the Infrastructure Division, and the Tourism Division. To carry out its activities, the Company engages in land acquisition, obtaining permits and licenses, designing, constructing, marketing and selling homes, obtaining individual financing for its customers and developing communities to satisfy housing needs in Mexico. The Company participates in housing supply offers from the main housing funds in Mexico. Advisors' Opinion:- [By Julia Leite]
Industrias CH gained 7.9 percent to 85.55 pesos today. Homex (HOMEX*) climbed 5.4 percent to 8.16 pesos, extending this week�� gains to 16 percent. Urbi gained 7.2 percent to 2.37 pesos today, advancing 16 percent in the past five days. Corp. Geo gained 1.5 percent today to 5.55 pesos, climbing 14 percent for the week.
Top Companies To Buy For 2014: Darden Restaurants Inc (DRI)
Darden Restaurants, Inc. (Darden), incorporated in March 1995, is a company owned and full-service restaurant company. As of May 27, 2012, the Company operated through subsidiaries 1,994 restaurants in the United States and Canada. In the United States, it operated 1,961 restaurants in all 50 states, including 677 Red Lobster, 786 Olive Garden, 386 LongHorn Steakhouse, 46 The Capital Grille, 30 Bahama Breeze, 23 Seasons 52, eight Eddie V's Prime Seafood and three Wildfish Seafood Grille restaurants, and two test synergy restaurants, which house both a Red Lobster and Olive Garden restaurant in the same building. In Canada, the Company operated 33 restaurants, including 27 Red Lobster and six Olive Garden restaurants. Through subsidiaries, it owns and operates all of its restaurants in the United States and Canada, except for three restaurants located in Central Florida that is owned by joint ventures it manages. On November 14, 2011, it acquired eight Eddie V's Prime Seafood restaurants and three Wildfish Seafood Grille restaurants.
As of May 27, 2012, the Company had 28 restaurants outside the United States and Canada operated by independent third parties pursuant to area development and franchise agreements, including five LongHorn Steakhouse restaurants in Puerto Rico, 22 Red Lobster restaurants in Japan, and one Red Lobster restaurant in Dubai. During fiscal year ended May 27, 2012, it opened 89 net new restaurants in the United States and Canada.
Red Lobster
Red Lobster is a full-service dining seafood specialty restaurant operator in the United States. It offers a menu featuring fresh fish, shrimp, crab, lobster, scallops and other seafood. The menu includes a variety of specialty seafood and non-seafood entrees, appetizers and desserts. Red Lobster maintains different lunch and dinner menus and different menus across its trade areas.
Olive Garden
Olive Garden is a full service dining Italian restaurant operator in the United Stat! es. Olive Garden�� menu includes a range of authentic Italian foods featuring fresh ingredients and a wine list that includes a selection of wines imported from Italy. The menu includes flatbreads and other appetizers, soups, salad and garlic bread sticks, baked pastas, sauted specialties with chicken, seafood and fresh vegetables, grilled meats, and a variety of desserts. Olive Garden also uses coffee imported from Italy for its espresso and cappuccino.
LongHorn Steakhouse
LongHorn Steakhouse restaurants are full-service establishments serving both lunch and dinner. With locations in 35 states, primarily in the Eastern half of the United States, LongHorn Steakhouse restaurants feature a range of menu items, including signature fresh steaks, as well as salmon, shrimp, chicken, ribs, pork chops, burgers and prime rib.
The Capital Grille
The Capital Grille has locations in metropolitan cities in the United States. The Capital Grille offers seafood flown in daily and culinary specials created by its chefs. The restaurants feature a wine list offering over 350 selections, personalized service, and private dining rooms.
Bahama Breeze
Bahama Breeze restaurants bring guests the feeling of a Caribbean escape, offering the food, drinks and atmosphere found in the islands. The menu features Caribbean-inspired seafood, chicken and steaks, as well as signature specialty drinks. During fiscal 2012, it opened four Bahama Breeze restaurant.
Seasons 52
Seasons 52 is a grill and wine bar with seasonally inspired menus offering ingredients to meals that are lower in calories than comparable restaurant meals. It offers a wine list of more than 90 wines with approximately 60 available by the glass. As of May 27, 2012, there were 23 Seasons 52 restaurants in the United States.
Synergy restaurant
Synergy restaurant houses both a Red Lobster and Olive Garden restaurant in the same building, but ! with sepa! rate front doors, dining rooms and brand-specific menus. It opened a second synergy test location during fiscal 2012.
Advisors' Opinion:- [By Ben Levisohn]
Oppenheimer, meanwhile, highlights Darden Restaruants’ (DRI) tough summer. Brian Bittner and Michael Tamas write:
We reduce 1Q14E EPS (Jun-Aug) to $0.63 vs. Street’s $0.75. Consensus likely to come down to $0.70 range after several outliers in $0.80+ range adjust. We model -3.4% comps for the Big 3 in 1Q14E, vs. sell-side’s current -0.6%…
- [By kcpl]
Darden Restaurants (DRI) has been sailing through troubled waters for quite some time. Its dismal performance continued when the company reported its second-quarter results. Let us take a deeper look at its performance and its prospects compared to peers.
- [By Jack Kramer and Nick Martell]
If you're like most of Wall Street, you're off crushing last-minute gift shopping (just get us some design-your-own custom whiskey). Because just after the market's biggest performance in months, the Dow� (DJINDICES: ^DJI ) eked out only a small 11-point gain Thursday as weekly jobless claims ticked up again.
1. Facebook shares slide after Zuckerberg stock dump
Cha-ching! Mark Zuckerberg took home $2.3 billion in cash Thursday after selling a small percentage of his stock in his blue online baby, Facebook (NASDAQ: FB ) . The company announced that $4 billion of shares would be sold in the public market, with the majority coming from the CEO himself. The stock slipped 1% because to investors, if Zuck thinks it's a good time to sell, why shouldn't they? #WhatWouldZuckDo� � $55/share is a good price to sell at and it's way better than $30 (fo' sho'). The company had earlier announced the stock sale in 2012, but postponed the plans due to the poor-performing stock. Remember back when FB was embarrassingly far below its $38 IPO price for months? A stock sale of this size would have been worse than mom catching glimpses of your buried "Sloppy Sophomores" photo album. � After a resurgence in online ad sales (particularly on mobile), investors trust FB again, boosting the stock up 105% in the past year. Zuckerberg will gain cash in exchange for losing some control of the voting shares of the company. But whether or not your sick of his hoodie, know that the future of the 'Book is firmly in his control since he will retain 62.8% of the voting power.
2. Red Lobster might get sold as sales plummet
Didn't order the bottomless uber-fried shrimp last night? Neither did most Americans. That's the problem for the owner of Red Lobster, Darden Restaurants (NYSE: DRI ) , which dropped 3.6% Thursday after a brutal tasting earnings report. Consumer traffic at Red Lobster was down 7.7% last quarter and sales have fallen - [By Ben Levisohn]
The gloves are off. Barington Capital Group, which first proposed restructuring Darden Restaurants (DRI) by working with management, has changed course and asked Darden�� independent directors to name an independent chairman and consider hiring a new CEO.
Top Companies To Buy For 2014: LMI Aerospace Inc.(LMIA)
LMI Aerospace, Inc. provides design engineering services, structural assemblies, kits, and components to the aerospace, defense, and technology markets primarily in the United States. The company operates in two segments, Aerostructures and Engineering Services. The Aerostructures segment fabricates, machines, finishes, integrates, assembles, and kits formed close tolerance aluminum, specialty alloy, and composite components, as well as higher level assemblies. Its aerospace products include wing slats and flapskins; winglet leading edges and related wing modification kits; fuselage and wing skins; helicopter cabin, aft section, and pylon components and assemblies; door surrounds, components, assemblies, and floorbeams; thrust reversers and engine nacelles/cowlings; cockpit window frames and landing light lens assemblies; interior components; structural sheet metal and extruded components; tailcone assemblies; and housings and assemblies. This segment also offers value-add ed services related to the design, production, assembly, and distribution of aerospace components. The Engineering Services segment provides design, engineering, and program management services, such as structural design and analysis, systems design and integration, tool design and fabrication, certification planning support, risk mitigation and producibility trade studies, and the development of program schedules and resource planning. Its services include wing/wingbox, fixed and moveable leading edges/trailing edges, fuselage, empennage, and tailcone design; winglet/wing mod design; nacelle, engine cowl, and thrust reverser design; weight improvement engineering; helicopter fuselage, cockpit, cabin frames, skins, longerons, and beams; aircraft modification engineering; aviation training system; aviation maintenance engineering; manufacturing engineering; and aviation system software engineering. The company was founded in 1948 and is based in St. Charles, Missouri.
Advisors' Opinion:- [By Sally Jones] % over 12 months, Lockheed Martin Corporation (LMT) has a market cap of $45.06 billion. The current share price is $140.67, and trades with a P/E of 15.00. The dividend yield is 3.30%.
Lockheed Martin Corporation was formed in 1995 by combining the businesses of Lockheed Corporation and Martin Marietta Corporation. Lockheed Martin operates in four principal business segments: Aeronautics, Electronic Systems, Information Systems & Global Services and Space Systems.
Guru Action: As of Sept. 30, 2012, Jim Simons bought a new holding of 145,800 shares at an average price of $121.40 for a gain of 15.9%.
Guru Ray Dalio sold out his LMT after 16 quarters of high gains. In the third quarter of 2013, he sold 10,176 shares at an average price of $121.40 for a gain of 15.9%.
Numerous gurus traded LMT in third quarter.
There is recent insider selling.
Historical share pricing, revenue and net income tracking:
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B/E Aerospace Inc. (BEAV)
Up 93% over 12 months, B/E Aerospace Inc. has a market cap of $9.05 billion.
The current share price is $86.28, and trades with a P/E of 25.60. The company does not pay a dividend.
B/E Aerospace Inc. is a global manufacturer of aircraft cabin interior products and a distributor of aerospace fasteners and consumables.
Guru Action: As of Sept. 30, 2012, Guru Ken Fisher is one of four gurus making a new buy. Fisher bought a new holding of 21,800 shares at an average price of $70.20 for a gain of 23%.
Guru Larry Robbins was one of two gurus selling out in the third quarter. Robbins sold 341,692 shares at an average price of $70.20 for a gain of 22.9%.
Here�� a lot more guru action and recent insider selling.
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GuruFocus "Real Time Picks" reports the stock purchases and sales that Gurus have made within the prior 2 weeks. The report time lag can be as short as 2 days after the date of the transaction. This feature
Top Companies To Buy For 2014: Bayer AG (BAYN)
Bayer AG is a German management holding company with core competencies in the field of health care, nutrition and high-tech materials. It's business operations are organized into three subgroups: HealthCare, involved in the research, development and manufacture of health products for people and animals, CropScience, engaged in the crop protection and non-agricultural pest control, and MaterialScience, that provides polymers, and develops solution for a range of applications, supported by the service companies Bayer Business Services, Bayer Technology Services and Currenta. It operates through numerous subsidiaries, affiliated companies as well as joint ventures located in Europe, Latin America, Africa, Middle East, North America as well as the Asia/Pacific region, such as Bayer Chemicals AG in Germany, Cotton Growers Services Pty. Limited in Australia and Bayer Israel Ltd in Israel, among others. In July 2013, it acquired Steigerwald Arzneimittelwerk GmbH. Advisors' Opinion:- [By Jonathan Morgan]
Bayer AG (BAYN) and BASF SE gained, following their European peers higher. Commerzbank AG (CBK), the country�� second-biggest lender, slid 3.7 percent. Deutsche Bank AG (DBK) dropped the most in more than a month after JPMorgan Chase & Co. downgraded the shares.
- [By Jonathan Morgan]
German stocks declined the most in more than two months as a report showed that Germany�� auto market plummeted last month, while Bayer AG (BAYN) and BASF SE (BAS) fell.
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