Tuesday, April 10, 2007

United Rentals (URI) to Review Strategic Alternatives; CEO to Retire in June

United Rentals, Inc. (NYSE: URI) announced that its board of directors has authorized commencement of a process to explore a broad range of strategic alternatives to maximize shareholder value, including a possible sale of the company. The company has retained UBS Investment Bank and Credit Suisse to act as financial advisors in this process.

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2 Comments:

Blogger Andrew said...

Hi Lon,

I'm emailing you in regards to an email I sent to you last month about a partnership, have you had a chance to think about it?

If you would more information about the proposal, please let me know.

I look forward to hearing from you.

Kind Regards,
Andrew Knight.
Website Manager
Banking & Finance Division
Asia-Pacific Region

Boomerang.com.au (Australia) Pty Ltd
E: andrew.knight@boomerang.com.au

9:08 PM  
Blogger TSR.ARIJIT said...

TSR ANALYSIS=S&P monthly analysis of 76 years
Dear Friends,
Traders keep asking me time and again that what kind of markets are most conducive for traders. Recently I came across a very interesting set of Data worth a read.

CLICK ON LINKS BELOW FOR IMAGES AND TABLES :-

http://4.bp.blogspot.com/_oENZ2MOw8B0/S8HdQKKo7wI/AAAAAAAAAUw/COlXlpPYhzA/s1600/S%26P+historical+analysis.JPG

The above frequency distribution table summarizes the monthly total return of the S&P 500. from January 1926 to December 2002.

Some important observations.
• In Almost 75% period S&P gyrated between +6 and -6%. This are some of the best months for leveraged intraday traders with no huge intra month volatility.
• In one out of 924 months S&P gave a positive return of 42-44%. Similarly in one out of 924 months S&P gave a negative return of 28-30%.
• For an investor the best profit booking and investing period was one of the above two.
• Bottomline: Whenever over a small period of time we see markets generating alpha over and above the expected returns we should try and lock some gains out from the markets.
http://1.bp.blogspot.com/_oENZ2MOw8B0/S8HgAFuVovI/AAAAAAAAAU4/lCuIU2Ujt0U/s1600/annual.JPG


ANNUAL DATA:-

OBSERVATIONS
• Just check that while 75% of relative frequency was in the +/-6% band in monthly data the annualized data is much more widely spread with few extreme outcomes.Point to note annual movements are adhoc in nature.
• A fantastic observation from this data set (S&P HISTORICAL BULL MARKET) is the fact that S&P has been able to generate returns more then 40% in only 5 out of 77 years. At the same time it has given negative return of 40% in just one financial year.
• The high relative frequency bandwidth is only visible in the 15-20% positive data and 0-10% negative data. The other data points seems evenly clustered.
POINTS TO LEARN:-
• Dont expect super-normal returns year on year from the stock market. Any trader who is expecting a repeat of FY09-10 performance in FY10-11 might well be terribly disappointed.
• In Indian context we are somewhere in the middle of an intermediate TOP (+/-4%) While the upside in immediate context is capped the downside will open unless the companies perform on the quarter four expectations.
• A traders delight market is one with a constant maintained trend with low volatility wherein stop-losses are trailed and not hit. The markets were a traders delight since 4675 was hit on February 08,2010.
Regards,
Vinayak
www.Niftyviews.com

VIEW LIFE NIFTY CHARTS AT
http://niftyviews.blogspot.com/p/live-charts.html

12:34 AM  

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