Car buyers are more satisfied with American made cars than their traditionally technically superior Asian rivals. Many thought America’s rusted auto manufacturing sector was unlikely to ever catch Toyota and the other Japanese car-makers in customer satisfaction, but apparently it has happened according to a survey released Tuesday by the University of Michigan.
Category: Stock Option Trading News
Johnson and Johnson Posts 9% Increase on Second Quarter Profits
Johnson & Johnson’s (JNJ) acquisition of Pfizer and large increases in overseas sales contributed to a 9 percent increase in its second quarter profits announced early Tuesday. The company’s overall revenue saw an encouraging 13 percent rise.
NASCAR Delivers KO and Daytona Looses its PEP
The International Speedway Corporation (ISCA) stated Monday it would end its relationship with Pepsi Cola (PEP) and enter into a 10-year deal with Atlanta-based Coca-Cola (KO). This will make Coke the official soft drink for 11 of the company’s race tracks including where the Daytona 500 is run. Pepsi has been the official beverage at Daytona 500 for 49 years. This comes somewhat cruelly, although perhaps poignantly to some, one day after the running of the Pepsi 400.
Advanced Medical Optics Makes Play for Bausch & Lomb
Advanced Medical Optics (EYE) has offered to take over Bausch & Lomb (BOL) for a cool $4.1 billion. This offer brings into question the $3.7 billion Warburg Pincus deal currently on the table. Warburg Pincus is a private equity firm.
Best Buy (BBY) Looking at Capital Allocation and China Expansion
Best Buy (BBY) Chief Financial Officer Darren Jackson publicly speculated yesterday about how the company allocates capital. The discussion has increasing relevance in light of this week’s announcement of Home Depot (HD) share-repurchase program.
PowerOptions WeBlog Ideas return 4.2 to 5.9% in June
A number of our potential trades from last month ended up returning solid potential profits for the month of June. Today in the PowerOptions weblog, we will take a retrospective look at these companies and look for nice trading options in the coming months.
Option Trades Based on Jim Cramer’s Recommendations
Today on the PowerOptions blog, we’re going to take a quick look at the stocks Mad Money’s Jim Cramer finds most appealing. Then, we will cover how the average investor, using tools available from PowerOptions, can find the most lucrative and attractive options trade on these stocks. (Note: Jim Cramer does not endorse any of the option strategies based on his stock selections illustrated in this article or on blog.poweropt.com)
The Rupert Murdoch and Dow Jones Saga with Bonus Covered Call Suggestions on Index ETFs
Rupert Murdoch, the CEO of News Corp. (NWS) met with the Bancroft Family, the controlling entity of Dow Jones & Co. (DJ), on Monday. Murdoch emerged from the talks calling them “constructive” as the two parties seem to gravitate closer to an agreement.
The Sopranos Finale Nears – A look at Waste Management Stocks
In the first episode of HBO’s ‘The Sopranos,’ Tony Soprano presents himself to his therapist as a waste management consultant. Immediately, his psychiatrist reveals her understanding this is synonymous for Tony’s real, and substantially seamier, occupation.
Rail Sector and Franchises Deliver Profits of 2.6% to 5.9% in May Covered Calls
The PowerOptions WeBlog accurately predicted the following trades in the articles “Entrepreneur Magazine Announces Top Franchises for 2007” and “Berkshire Hathaway Buys up Rail Stocks – A look at Covered Calls in the Railroad Sector”: Audio Podcast: An audio podcast of this article is available at: poweropt.com/podcasts/2007_05_22_May_Results.mp3