United Natural Foods: The Market Hates The Supervalu Deal; So Where Are The Activists?

In the September 17, 2018, Bloomberg Businessweek magazine article (The Most Boring Bull Market. Ever), the author, Chris Nagi, cites: The number of so called activist investors making demands on public companies swelled past 500 for the first time in the first half of 2018. So, given the amount of capital that activist hedge fund…

What Happened To Treasurys On Wednesday?

A couple of weeks back, I wrote something for this platform called “The Bond Selloff That Nobody Noticed”. That was a recap of events that transpired during the week of September 17, when yields rose on what looked like a combination of rising inflation expectations and the term premium trade. One of the oddities of…

The Wall Street Journal: Procedural vote on Kavanagh set for Friday, final vote could come Saturday

WASHINGTON — Senate Majority Leader Mitch McConnell set up a Friday procedural vote on Brett Kavanaugh as senators prepared to scrutinize an FBI report into allegations of sexual assault against the Supreme Court nominee. McConnell, R., Ky., said the Senate would receive the FBI supplemental background investigation into Kavanaugh late Wednesday, giving senators time to…

Transocean Ltd.: Contract Extension Positive For Company, Possibly For Industry

On Friday, September 28, 2018, ultra-deepwater drilling giant Transocean Ltd. (NYSE:RIG) announced that it has secured a contract extension for the Petrobras 10000 (NYSE:PBR) ultra-deepwater drillship. This extension effectively ensures that the drillship will be employed until October 2021, which is certainly promising given that multi-year contracts have been somewhat hard to come by over…