Posts by: Steve Birenberg
Northlake's Market Capitalization and Style models are unchanged once again in December, leaving in place the signals favoring Mid Cap and Value. Consequently, current client investments in the S&P 400…
Recently purchased positions in Central European Media Enterprises (CETV) were sold on Friday at a small loss due to uncertainty over the political situation in Ukraine. The concern is solely…
On November 15, all shares of Lucent Technologies purcahsed for Northlake clients on October 19, 2004 were sold at $4.05. The shares were purchased as a trading idea at $3.55.…
There were no changes to Northlake's model signals for November. The Market Capitalization Model continues to favor Mid Caps and the Style Model continues to favor Value. There was some…
Northlake's latest purchase on behalf of clients, SBS Broadcasting, reported third quarter EPS yesterday. The results were basically in line with estimates and the company reiterated its 2004 guidance.... 26
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…
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…
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.…
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…
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