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Archive for the '13Ds' Tag

Wrong on Longs…

Thursday, August 14th, 2008

Shortly before CVS Caremark (CVS) announced that it was buying Longs Drugs (LDG) for $2.9 billion on Tuesday, I spotted this story, which had Credit Suisse analyst Edward Kelly downgrading the stock because it was overvalued, in part due to merger speculation. According to the Associated Press, Kelly wrote in the research note that the [...]

Activist Thursday (Part Two)…

Thursday, October 11th, 2007

So Carl Icahn just spoke at the World Business Forum and the insta-review, judging by the chatter in the ladies’ room, was that it was interesting, but contained “no content”. Still, these women said they’d be happy to have Icahn at their dinner party. Then again, this doesn’t seem like the type of crowd that [...]