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Special Situation Investing News - 8/6/2015

Welcome to today's edition of the Special Situation Investing News.  It's like to kick things off by talking about the best investing idea that I've seen this week.  It comes from Barron's Stock Alert column.  The piece is titled "Two Small-Cap Stocks That Can Rise Over 40%".

I need to begin by saying that there's definitely a little confirmation bias going on here because I already was long this stock before the article came out.  The stock that I'm talking about is Volt Information Sciences $VISI

A two-year chart of $VISI vs. the S&P 500 (click to enlarge)

This small cap stock has several things going for it, including impressive new management, significant room for margin expansion compared to its peers and non-core businesses that can be divested.  How's this for a non-core business...Volt is a staffing company that also owns a Uruguay telephone directory publishing unit. Huh?  That thing has to go.

So that's my favorite article of the day.  It's definitely a must-read.  Here's the rest of the news: 

Spinoffs

Community Health Will Soon Lack A Quorum With Newly Announced Spinoff

http://www.stockspinoffs.com/2015/08/06/community-...

CHS' Smith: Quorum spinoff 'made a lot of sense'

http://www.tennessean.com/story/money/industries/h...

Exelis spinoff Vectrus $VEC Posts Solid Second Quarter 2015 Financial Results 

http://finance.yahoo.com/news/vectrus-posts-solid-...

Wall Street missed the lesson of "Humpty Dumpty"

http://www.breakingviews.com/humpty-dumpty-ma-sing...

Chemours to Cut $350 Million in Costs, Review Chemicals Segment $CC was so beaten down that it's up over 10% on Meh

http://www.wsj.com/articles/chemours-to-cut-350-mi...

We Need A Spinoff Stat! Ventas Sets August 17th For Care Capital Spinoff 

http://www.stockspinoffs.com/2015/08/04/we-need-a-...

Baxalta Responds To Shire: Umm, No Thanks

http://www.stockspinoffs.com/2015/08/05/baxalta-re...

Former Cable One parent Graham Holdings Company Reports Second Quarter Earnings

http://finance.yahoo.com/news/graham-holdings-comp...

Spinoff NRG Yield Pounded as Low Wind Production Leads to Earnings Miss 

http://blogs.barrons.com/incomeinvesting/2015/08/0...

Edgewell reports Q3 loss following Energizer spin-off

http://www.bizjournals.com/stlouis/news/2015/08/05...

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Takeover Targets

Boulder Brands is up over 15% after announcing that it is going to "Explore Strategic Alternatives to Enhance Shareholder Value." This one's going to leave a mark on the shorts out there.

http://investors.boulderbrands.com/phoenix.zhtml?c...

Internap Should Sell Itself

http://seekingalpha.com/article/3409766-internap-s...

How Warren Buffett’s Sweet Tooth Figures in Bill Ackman’s Mondelez Play

http://blogs.wsj.com/moneybeat/2015/08/06/how-warr...

As Ackman suggests the idea of a tie-up with Mondelez, newly merged Kraft Heinz still has a lot on its plate

http://www.wsj.com/articles/kraft-heinz-is-still-t...

Three Coca-Cola Bottlers in Europe Agree to Merger

http://www.nytimes.com/2015/08/07/business/dealboo...

EMC Jumps After Report of Deal Involving Buyout by VMware

http://www.bloomberg.com/news/articles/2015-08-05/...

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Whale Watching

GMCR After-Hours Leaves Einhorn Unhappy

http://www.investing.com/analysis/me-so-einhorny!-...

A Conversation with Nelson Peltz and Bill Ackman

http://www.beyondproxy.com/nelson-peltz-bill-ackma...

Activist Panel: Macy's & Other Ideas

http://www.beyondproxy.com/activist-panel-macys-an...

Ackman takes $5.5 billion stake in Mondelez: WSJ

http://finance.yahoo.com/news/ackman-takes-5-5-bil...

Bank of America Starts to Pull Clients’ Money Out of a Paulson Fund

http://www.nytimes.com/2015/08/06/business/dealboo...

Shares of Samsung C&T After Losing Merger Battle

http://www.nytimes.com/2015/08/07/business/dealboo...

12 West Capital Discloses Atlantic Power Stake $AT. I wonder what the plan is, $AT already sold its marketable assets.  I guess that the price has dropped significantly lately.

http://www.marketfolly.com/2015/08/12-west-capital...

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Investment Write-Ups

Genworth Long Thesis Booth Laird Investment Partnership. $GNW has been a painful trade for anyone in it thus far. 

http://www.boothlaird.com/wp-content/uploads/2015/...

TeleCommunication Systems, Inc. & Cannell Capital LLC Investor Presentation

https://docs.google.com/document/d/1QJ3Bnelmz_d6kR...

LKQ Continues Consolidating Junk Industry: Profits And Sales Are Rising. The shorties are getting beaten up on this one, too.

http://seekingalpha.com/article/3401045-lkq-contin...

Blog Post from College Student Causes Massive Sell-Off in $AAC Holdings

http://blogs.wsj.com/moneybeat/2015/08/05/blog-pos...

Let's Be Real Here, Q2'15 Positives Outweigh The Negatives By A Mile 

http://seekingalpha.com/article/3401955-aig-lets-b...

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Demutualizations

Millington Savings Bank Releases Second Quarter Earnings

http://money.cnn.com/news/newsfeeds/articles/globe...

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Other Investing News

Buy MLPs, They're Cheap, Cheap, Cheap

http://tmfdeej.whotrades.com/blog/43451600939

Vereit unveils plans, sets guidance, re-establishes dividend. Yields a conservative 6.3%.

http://seekingalpha.com/news/2703036-vereit-unveil...

Vereit Seeking as Much as $2.2 Billion of Property Sales

http://www.bloomberg.com/news/articles/2015-08-06/...

A More Granular Analysis Of REIT Performance During Rising Rate Periods

http://seekingalpha.com/article/3406616-a-more-gra...

Speaking of Ackman...Herbalife shoots higher on 2Q results

http://www.usatoday.com/story/money/2015/08/05/her...

 Thanks for reading. While this is a ton of news, I'm sure that there are some interesting things that I have missed. If you've seen one, please take a second to give back by sharing it in the comments section. My goal in creating the Special Situation Investing Community was to create a free place on the web where like-minded individuals who love this style of investing like I do can come to discuss it and share ideas. So please, comment, comment, comment. The more dialog we have and ideas we have floating around the better it is for everyone.

Also, if you haven't already, make sure to click on the link at the top of the page to join this new special situation investing community. Doing so will enable you to receive notification when new articles are published here and to share your own ideas. Also, make sure to follow me on Twitter @TMFDeej.

Have a great day!