Posts by: Steve Birenberg
Endeavor Acquisition Corporation (EDA) gained its first analyst coverage which not surprisingly was a buy rating. Lazard picked up EDA with Buy rating and a $13 target price. I haven’t…
Rogers Communications (RG) shares began trading on a 2 for 1 split adjusted basis yesterday when the company also announced preliminary 4Q06 subscriber statistics for their wireless and cable operations.…
I have to admit that I am flying a little blind on Northlake's long position in Endeavor Acquisition Corporation (EDA), the blank-check company that has agreed to purchase American Apparel.…
One of my favorite presentations at December's UBS Media & Communications Conference was from NII Holdings (NIHD). NIHD offers wireless telephone service using Nextel's iDEN standard in Mexico, Brazil, Argentina,…
MacWorld convenes next week and expectations of investors for good news out of Apple Computer (AAPL) are high. The shares have bounced significantly off their late December lows following what…
It's a new year but there were no changes to Northlake's Market Cap and Style model signals for January. The Market Cap Model continues to favor mid caps and the…
Good breadth of popular movies appealing to all the major movie-going demographics allowed the box office to recover during the holiday season, pulling the fourth quarter to about breakeven with…
As 2006 draws to a close and a new year begins, I thought it would be appropriate to provide a brief update on the positions held in almost all Northlake-managed…
In hindsight, it appears that some of December's weakenss in Apple shares (down about 10% prior to today's open) was due to speculation about developments in the options back dating…
McClatchy (MNI) announced it was selling the Minneapolis Star Tribune to a private equity outfit for $530 million. MNI will also receive a $160 million tax benefit on the sale.…