The Wall Street Journal had another front page article on Thursday about Tribune (TRB), followed by a Heard on the Street column on Friday. Both articles suggest a potential restructuring or sale of Tribune (TRB) might be more likely than I had assumed. My key takeaway from the latest articles is that TRB’s future could […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2006-06-09 12:31:112006-06-09 12:31:11The Journal Stays on the Tribune Case
The Wall Street Journal reported on Wednesday about some interesting developments at Tribune (TRB). The three Board members nominated by the Chandler family voted against the company’s plan to buy back 25% of the shares outstanding. The Chandler family controls 12% of TRB shares that were acquired via their sale of Times Mirror. It is […]
Disney (DIS) made a new 52 week high in Monday’s abysmal market, likely anticipating this coming weekend’s opening of Cars. I think the Cars hype is also helping Regal Entertainment (RGC) which has performed relatively strongly the last few sessions. Northlake remains long both stocks although DIS is approaching my target for considering a sale. […]
This story from BroadbandTVNews.com caught my eye: The Serbian Pink media group has set its sights on the Croatian national commercial station Nova TV. Speaking during a visit to Zagreb, the group’s owner Zeljko Mitrovic said he had sent a letter of intent to the owners of Central European Media Enterprises (CETV) backed Nova TV […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2006-06-05 14:30:372006-06-05 14:30:37Central European Media Enterprises: Croatia For Sale?
I am not sure what to make of this but last week two separate reports surfaced about heavy buying of NTL call options. Here is the comment that appeared on StreetInsight.com: U.K. based media company NTL Holdings (NTLI-$27) is trading almost 8 times its average daily call option volume today, with over 9,000 contracts changing […]
The June signals from Northlake’s models led to significant shifts in client and personal portfolios on Thursday. Overall, the changes moved portfolios from being small and mid cap biased to being large cap biased. The result reduces risk and volatility by moving half of the S&P 400 Mid Cap (MDY) exposure to the S&P 500 […]
In a post yesterday on Real Money, my colleague Jim Cramer noted that despite massive sell-offs in equity markets in Brazil and India, he wasn’t yet seeing any real weakness in the fundamentals for either economy. I think Jim’s comments probably go beyond Brazil and India to include most other emerging markets. Of course, a […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2006-05-31 09:45:462006-05-31 09:45:46Does The Emerging Markets Sell-Off Indicate Their Run Is Over?
If this summer is “the last stand” for the box office bulls, the third installment of the X-Men franchise should make shorts nervous. Debuting as the 5th best four day opening, the 4th best three day opening, and the second largest Friday opening, X3 racked up $120 million over the Memorial Day weekend. Along with […]
I am not a fan of the satellite radio stocks although I am an extremely happy and enthusiastic Sirius subscriber. I never listen to CDs or the radio in my car since getting Sirius two years ago. My issue with the satellite radio stocks has been valuation relative to the cost of obtaining and maintaining […]
My friend and fellow money manager, Doug Kass, is making a good call to short Dreamworks Animation (DWA) on the back of less than stellar box office for Over The Hedge. There are no catalysts for DWA unless the film does surprisingly well this weekend. Short of buyout rumors becoming reality I see little upside […]
The Journal Stays on the Tribune Case
The Wall Street Journal had another front page article on Thursday about Tribune (TRB), followed by a Heard on the Street column on Friday. Both articles suggest a potential restructuring or sale of Tribune (TRB) might be more likely than I had assumed. My key takeaway from the latest articles is that TRB’s future could […]
Interesting Developments at Tribune
The Wall Street Journal reported on Wednesday about some interesting developments at Tribune (TRB). The three Board members nominated by the Chandler family voted against the company’s plan to buy back 25% of the shares outstanding. The Chandler family controls 12% of TRB shares that were acquired via their sale of Times Mirror. It is […]
My Expectations for Disney’s Cars
Disney (DIS) made a new 52 week high in Monday’s abysmal market, likely anticipating this coming weekend’s opening of Cars. I think the Cars hype is also helping Regal Entertainment (RGC) which has performed relatively strongly the last few sessions. Northlake remains long both stocks although DIS is approaching my target for considering a sale. […]
Central European Media Enterprises: Croatia For Sale?
This story from BroadbandTVNews.com caught my eye: The Serbian Pink media group has set its sights on the Croatian national commercial station Nova TV. Speaking during a visit to Zagreb, the group’s owner Zeljko Mitrovic said he had sent a letter of intent to the owners of Central European Media Enterprises (CETV) backed Nova TV […]
Unusual Options Activity in NTL
I am not sure what to make of this but last week two separate reports surfaced about heavy buying of NTL call options. Here is the comment that appeared on StreetInsight.com: U.K. based media company NTL Holdings (NTLI-$27) is trading almost 8 times its average daily call option volume today, with over 9,000 contracts changing […]
June Model Signals
The June signals from Northlake’s models led to significant shifts in client and personal portfolios on Thursday. Overall, the changes moved portfolios from being small and mid cap biased to being large cap biased. The result reduces risk and volatility by moving half of the S&P 400 Mid Cap (MDY) exposure to the S&P 500 […]
Does The Emerging Markets Sell-Off Indicate Their Run Is Over?
In a post yesterday on Real Money, my colleague Jim Cramer noted that despite massive sell-offs in equity markets in Brazil and India, he wasn’t yet seeing any real weakness in the fundamentals for either economy. I think Jim’s comments probably go beyond Brazil and India to include most other emerging markets. Of course, a […]
Weekend Box Office Report: X-Men Show Their Powers
If this summer is “the last stand” for the box office bulls, the third installment of the X-Men franchise should make shorts nervous. Debuting as the 5th best four day opening, the 4th best three day opening, and the second largest Friday opening, X3 racked up $120 million over the Memorial Day weekend. Along with […]
Satellite Radio Stocks Crumble But Don’t Buy Terrestrial
I am not a fan of the satellite radio stocks although I am an extremely happy and enthusiastic Sirius subscriber. I never listen to CDs or the radio in my car since getting Sirius two years ago. My issue with the satellite radio stocks has been valuation relative to the cost of obtaining and maintaining […]
Memorial Day Box Office
My friend and fellow money manager, Doug Kass, is making a good call to short Dreamworks Animation (DWA) on the back of less than stellar box office for Over The Hedge. There are no catalysts for DWA unless the film does surprisingly well this weekend. Short of buyout rumors becoming reality I see little upside […]