Posts with tag Hewlett Packard
Posted Oct 12th 2007 3:10PM by Paul Foster
Filed under: Rumors, Hewlett-Packard (HPQ), Eastman Kodak (EK), Dow Chemical (DOW), Options
Eastman Kodak (NYSE: EK) is recently up $1.30 to $28.34 after the Financial Times reported Hewlett Packard (NYSE: HPQ) may take another look at EK as an acquisition target. EK has been frequently mentioned as a takeover target over the last four years. EK is expected to report EPS on 11/1. EK call option volume of 22,749 contracts compares to put volume of 11,136 contracts. EK October 30 straddle is at $2.15. EK November call option implied volatility is at 43, puts are at 49, above its 26-week average of 35 according to Track Data, suggesting larger risk.
Dow Chemical (NYSE: DOW), a diversified chemical company, is recently up $0.67 to $45.46 on unconfirmed reports DOW canceled an analyst meeting, renewing buyout chatter. DOW is expected to report EPS on 10/25. DOW call option volume of 16,275 contracts compares to put volume of 3,026 contracts. DOW November option implied volatility of 28 is above its 26-week average of 25 according to Track Data, suggesting larger price risk.
Daily M&A Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.
Posted Jul 23rd 2007 10:50AM by Paul Foster
Filed under: Deals, Rumors, Engagements
Tellabs(NASDAQ:TLAB) volatility Elevated into reports of Nokia Siemens Network interest. TLAB, a designer & marketer of equipment to providers of telecommunications services, is recently up $1.28 to $13.13. TLAB is entertaining about a $16-$17 a share offer from Nokia Siemens Networks according to an online report by thestreet.com, citing a source familiar with the matter. TLAB over all option implied volatility of 39 is above its 26-week average of 34 according to Track Data, indicating larger price fluctuations.
BEA Systems(NASDAQ:BEAS) volatility Elevated into Hewlett Packard(NYSE:HPQ) software consolidation. BEAS, a leading supplier of service-oriented architecture (SOA) and middle-ware software, is recently down .33 to $13.40 in pre-opening trading. BEAS has been frequently mentioned as an M&A target of HPQ over the last 18 months. HPQ announced this morning acquisitions of Opsware{(NASDAQ:OPSW), a provider of data center automation software products, for $1.6 billion & Neoware(NASDAQ:NWRE), a provider of thin client computing & virtualization solutions, for an enterprise value of $214 million. BEAS August option implied volatility of 58 is above its 26-week average of 38 according to Track Data, suggesting larger price risk.
Daily M&A Update is provided by Stock Options Specialist Paul Foster of theflyonthewall.com.
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