Federal Signal Corp
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Companies that Outperform Judgment
By Josef Ray Dagatan - February 19, 2013 | Tickers: FSS, OSK, TEX
With the construction industry regaining its health and helping create demand for its downstream and upstream businesses, Oshkosh Corporation (NYSE: OSK) has certainly had a good start this year. Finally, this global leader in access equipment and other specialty vehicles is on the mend after shares hit rock bottom amid the campaign of its major shareholder Carl Icahn to gain control of the company last year.
In December the 76-year-old more »
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An Opportunistic Play on an Improving US Housing Market
By Anh HOANG - January 31, 2013 | Tickers: FSS, OSK, TEX
Carl Icahn, the famous activist investor, once offered to acquire Oshkosh Corporation (NYSE: OSK) at $32.50 per share, with a total deal value of $3 billion. However, the company’s board rejected the offer, as they thought the offer undervalued the company. Indeed, after reporting strong 2013 first quarter earnings results, Oshkosh’s share price just surged by nearly 19% in one trading day to more than $41 per more »
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This Stock is a Definitely a Buy
By Anh HOANG - December 31, 2012 | Tickers: ATLKY, FSS, GDI, IR, SPW
Gardner Denver (NYSE: GDI) has recently plunged 12% in one day, from $75.54 to $67.40 per share, due to the collapse of the buyout offer from SPX Corporation (NYSE: SPW). SPX previously intended to buy out Gardner Denver for around $4.2 billion, valuing each share at as high as $85. Is SPX’s offer generous? Or is it fair value for Gardner Denver? Should investors consider the more »
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Icahn Fights Back
By Anh HOANG - November 12, 2012 | Tickers: FSS, OSK, TEX
Carl Icahn, the famous activist investor, has been quite actively lately with several publicly-trade companies such as Take-Two, Netflix and Oshkosh Corporation (NYSE: OSK). Notably, he has issued a tender offer to acquire Oshkosh at $32.50 per share, a 15.3% premium on the current share price of $28.18. The total deal value was worth $3 billion. However, Oshkosh’s board rejected the offer, and adopted a poison more »
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Icahn's Takeover Attempt and Poison Pill Indicate Buying Opportunity
By Anh HOANG - November 5, 2012 | Tickers: FSS, IEP, OSK, TEX
Activist investors “actively” seek investment profits by investing significantly in a company, taking over a board of directors, making changes at a top management level and implementing different corporate governances and/or different business strategies. Most of the time, active investors could drive the top line and bottom line of a company, which drives up its share price over time. It could be considered a good sign when a successful more »
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A Fast Growing But Strange Recession Resistant Stock
By Chuck Carnevale - June 28, 2012 | Tickers: AFAM, AMED, CHE, FSS, GWW
Chemed Corp. (NYSE: CHE) combines two completely unrelated businesses into a very profitable enterprise. Approximately 70% to 75% of their business is VITAS Healthcare Corporation, the nation’s largest provider of end-of-life hospice care services. Headquartered in Miami, Florida, VITAS serves patients through hospice programs in major metropolitan markets in 12 states: Arizona, California, Connecticut, Delaware, Florida, Georgia, Illinois, New Jersey, Ohio, Pennsylvania, Texas, and Wisconsin.
Their second wholly-owned subsidiary more »