QUICK BLURBS [CHTR, CMCSA, VZ]

(2,683 words) 9/21/2016: CHTR (GS Communacopia Conference) The big upside from the Time Warner Cable / Bright House acquisition that just closed 4 months ago comes from execution strategy.  CHTR is rolling out new pricing and packaging – has gotten Bright House systems on legacy Charter’s corporate systems and TWC will be on it in […]

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QUICK BLURBS [BDN, CBG, SLG]

9/13/2016: BDN (B of A Global Real Estate Conference) [From the BDN website: “Brandywine Realty Trust (NYSE: BDN) is one of the largest, publicly traded, full-service, integrated real estate companies in the United States with a core focus in the Philadelphia, Washington, D.C., and Austin markets.”] While BDN has its roots as a suburban REIT, over the last several years it has […]

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Quick Blurbs [Bank of America, Blackstone, JP Morgan, Oaktree, Wells Fargo]

9/13/2016: BX – Private Equity (Barclays Financial Services Conference) BX says peers are paying 25x cash flow for GDP-growth assets, reflecting an environment where people think, given low rates, you can buy any high quality asset at any multiple and generate sufficient returns (which BX doesn’t subscribe to, a new “core” vehicle launch designed to […]

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Quick Blurbs [Cigna, CVS Health, Express Scripts]

9/14/2016: CI (MS Global Healthcare Conference) Over a year ago, the co. announced its intent to combine w/ ANTM (combining complementary capabilities), but DoJ is trying to foil this plan.  If the acquisition doesn’t go through, the co. will focus on improving performance at its underperforming group insurance business and deploying significant amounts of capital […]

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[DDMG – Digital Domain] Confused Corporate Strategy, Few Sustainable Advantages

Overview Digital Domain Media Group, Inc. (“DDMG” or “the Company”) is a short because it loses money, has had questionable related party transactions, a confused corporate strategy that could lead to further shareholder destruction and few sustainable competitive advantages.  DDMG has ~43mn shares outstanding; ~35mn of those shares are under a lock-up agreement that expires […]

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