Wolverine World Wide Guidance And Collective Brand Buyout Rumors Offer Opportunity

By Chris Katje: Shares of shoe maker Wolverine World Wide (WWW) trade up almost seven percent after reporting second quarter earnings.

Andrew Wilkinson submits: Momenta Pharmaceuticals, Inc. (MNTA) – Shares of the biotechnology company spent the better part of the trading session on the decline, falling as much as 3.5% in afternoon trading to an intraday low of $14.38.

(Reuters) - U.S. footwear manufacturer Wolverine World Wide Inc shares could soar following its acquisition of parts of Collective Brands Inc , according to a report in Barron's. Charles Kantor, portfolio manager at Neuberger Berman, said Wolverine's stock could approach $50 by the first anniversary of the deal's completion, the paper said. Wolverine shares closed at $38.37 on Friday. Wolverine in May teamed up with private equity partners to buy Collective Brands, the owner of footwear retailer Payless shoe stores for about $2 billion. ...

Vega submits: Collective Brands (PSS - $12.50 on Sept. 2, 2010) was a Topeka Kansas company founded in 1956 with a strategy of selling low-cost, high-quality family footwear on a self-service basis. It was bought by May Department Stores in 1979, went public again in 1996, and in 2007 bought Stride Rite (a Mass. Shoe company started as Green Shoe in 1919).

Wolverine World Wide (WWW) Q4 2012 Earnings Call February 19, 2013 8:30 am ET Executives Christi Cowdin Blake W. Krueger - Chairman, Chief Executive Officer and President Donald T. Grimes - Chief Financial Officer, Principal Accounting Officer, Senior Vice President and Treasurer Analysts Christian Buss - Crédit Suisse AG, Research Division

Peter Hix submits:Collective Brands (PSS) has been sold down to a level where it has become an attractive, long-term investment play. The most recent quarter (MRQ) was full of reasons to be bearish but investors ran away with that bearishness and pushed the stock down to where it doesn’t belong. There are plenty of reasons to believe in PSS long term, but also a couple of short-term speed bumps to be aw

Zacks.com submits: Wolverine World Wide, Inc. (WWW), one of the leading designers, manufacturers and marketers of branded footwear and apparel, is scheduled to report its first-quarter 2011 financial results before the bell on Tuesday, April 19. The current Zacks Consensus Estimate for the quarter is 66 cents a share.

Andrew Wilkinson submits: Tyson Foods, Inc. (TSN) – Call options on the food products company are a hot commodity this morning for bullish players positioning for a near-term rally in the price of the underlying shares. Tyson Foods’ shares rallied as much as 1.7% at the start of the session to an intraday high of $16.31.