# Friday, February 16, 2007
The Brinks Company (NYSE:BCO) shares moved up $0.48, or 0.77%, to $62.90 during Friday's trading after Bloomberg released an article about Pirate Capital's intentions with the company. According to the article, Pirate manager Hudson said, "At this point the only question in my mind is whether the company should be sold in its entirety or split into two pieces and each piece sold to a separate buyer." Word of this question comes after Hudson was able to obtain a seat on the company's board after agreeing to withdraw their proxy contest. Meanwhile, Pirate is still maintaining their 8.5% stake in the company with the additional support of MMI Investments. Combined, these factors make BCO a stock that is definitely worth keeping an eye on!

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Friday, February 16, 2007 4:12:13 PM UTC  #     |  Trackback
# Thursday, February 15, 2007
Caterpillar Inc. (NYSE:CAT) shares moved up $1.50, or 2.27%, to $67.66 today after the company announced a $7.5 billion share buyback over the next five years. The company also disclosed a joint venture move to increase their presence in the Asian markets. The move clearly indicates the company's confidence in its future cash flows and earnings growth over the next few years. Moreover, the fact that they completed their previous program more than a year and a half ahead of schedule is definitely a positive indicator. Even after the $1.5 billion per year buyback program, the company should still generate approximately $1.75 billion in spare cash per year with a healthy pension fund. While the company's shares have stalled for almost a year, the buyback and expansion into Asian markets may be enough to propel the stock out of its range to the upside. Combined, these factors make Caterpillar a stock definitely worth watching!

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Thursday, February 15, 2007 8:16:45 PM UTC  #     |  Trackback
STAAR Surgical Company (NDAQ:STAA) moved up $0.18, or 2.94%, to $6.31 today after Broadwood Capital disclosed a 9.5% stake in the company. The fund also commended the company on its substantial and ongoing improvements that came about after implementing Broadwood's governance reforms that were originally requested in April 2005. Notably, the fund also stated that because the company's increasing revenue growth and improving margins have not yet been reflected in its stock price, the fund may continue to oppose any proposed acquisition of the company at a price that does not represent a very large premium to its current market value. While the company is currently trading above enterprise value, the present value of future cash flows accounting for the recent revenue increases may demand a higher premium in the event of a buyout. Regardless, given Broadwood's confidence in the company, this may be a stock worth putting on the radar throughout the next few months!

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Thursday, February 15, 2007 6:48:02 PM UTC  #     |  Trackback