Yesterday, Northlake purchased SBS Broadcasting (SBTV) for clients. SBTV is a U.S. company with an American CEO, although the company receives 100% of its revenue in Europe where it is one of the leading television and radio broadcasters. In 2004, revenue is estimated at
Northlake is buing Lucent Technologies shares for clients. Our investment thesis closely on LU closely tracks our view of Motorola: Both companies botched things badly and lost market share and competitive position. Both also have changed management and shown several quarters of improved results that have been greeted with skepticism. In general, I look for […]
MOT reported earnings on Tuesday 10/19 after the close. Although I thought the quarter was fine and the fourth quarter outlook solid, the shares took a beating in Wednesday’s trading. The Street still is giving MOT no respect despite what is now three straight good quarters. I’ll be buying MOT shares for clients over the […]
One of my most important jobs as a money manager is to keep up with the latest corporate news. During the first half of each calendar quarter, much of this work is done by listening to the quarterly conference calls companies conduct when the y report their quarterly earnings. Typically, a company will report its earnings via press release before the stock market opens in the morning or shortly after the market closes. A conference call is usually scheduled within a few hours of the press release, although sometimes companies report after the close hold their conference calls the next morning. I use a service named CallStreet to find out when the conference calls will occur. For the week of October 18, Call Street lists about 750 scheduled conference calls! There are about 30 by companies I care about for one reason or another, and I have 18 listed on my calendar. I’ll probably listen to 5 to 10, read transcripts of another 5 to 10, and rely on Wall Street research for the balance.
Central European Media Enterprises is ringing the opening bell at the NASDAQ today to celebrate the 10th anniversary of is stock listing. CETV is a unique play on the development of Central and Eastern Europe economies. Below are excerpts from comments by Ronald Lauder and Michael Garin, CETV’s most senior executives. These comments succinctly capture […]
https://northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2004-10-14 07:14:182026-03-17 17:05:16CETV To Open NASDAQ Today
For October, Northlake’s Market Capitalization favors Mid Cap, a change from the prior two months when Large Cap was favored. Northlake’s Style Model for October remains firmly in Value mode….
Northlake’s ETF Plus Model Portfolio performed well in September, gaining 1.95% vs. 0.94% for the S&P 500. Northlake’s special situation stocks powered the returns with CETV gaining 3.6%, MOT gaining 12.0%, MBFI gaining 5.5%, and NTLI gaining 14.3%….