Lon Juricic Highlights the Following Stocks: AXA, The MONY Group, Anadarko Petroleum, BP Plc, ConocoPhillips, and ChevronTexaco.Business Editors CHICAGO--(BUSINESS WIRE)--Oct. 2, 2003 Mergers and acquisitions can combine your portfolio to higher returns if you know how to play, and Lon Juricic can teach you the object of the game by examining two possible deals. Read about AXA AXA Anguilla, Anguilla (Airport Code) AXA Alpha Chi Alpha AXA Animal Crossing Ahead (online forum community/guide to the game Animal Crossing) AXA Auxiliary Artery (NYSE NYSE See: New York Stock Exchange :AXA), The MONY MONY Mutual of New York (Insurance - Syracuse, NY) Group, Inc. (NYSE:MNY MNY Microsoft Money (file extension) MNY Manhattan New York ), Anadarko Petroleum (NYSE:APC (1) (American Power Conversion Corporation, West Kingston, RI, www.apcc.com) The leading manufacturer of UPS systems and surge suppressors, founded in 1981 by Rodger Dowdell, Neil Rasmussen and Emanual Landsman, three electronic power engineers who had worked at MIT. ), BP Plc (NYSE:BP), ConocoPhillips (NYSE:COP) and ChevronTexaco Corporation (NYSE:CVX CVX ChevronTexaco (stock symbol) CVX Comunidad de Vida Cristiana (Christian Life Community) CVX Code Veronica X (game) CVX Critical Viscosity of Xenon CVX Carrier, Experimental ). Click here for the full story exclusively on Zacks.com: http://featuredexpert2bw.zacks.com/ Here are the highlights from the Featured Expert column: Recent Deal of Interest On September 17th, AXA Financial, a unit of French insurer AXA (NYSE:AXA), which is engaged in financial protection and wealth management, agreed to acquire The MONY Group, Inc. (NYSE:MNY) for $31 per share in cash. The MONY Group Inc., through its subsidiaries, provides life insurance, annuities, corporate-owned and bank-owned life insurance (COLI COLI Corporate-Owned Life Insurance COLI Cost of Living Index COLI Chemometrics On-line Initiative and BOLI BOLI Bank-Owned Life Insurance BOLI Bureau of Labor and Industries ), mutual funds, securities brokerage, securities trading, asset management, business and estate planning Estate Planning The overall planning of a person's wealth, including the preparation of a will and the planning of taxes after the individual's death. Notes: Contrary to popular belief, estate planning involves much more than preparing a will, and it is not only for the , trust and investment banking products and services. Some MNY investors felt angry after AXA dropped in with an unimpressive +6% bid for the company. Some of them made up visions of a white knight coming to save the day and bid the stock $2 over AXA's offering price. Who knows? Their fantasy may come to fruition, but Lon Juricic wouldn't be holding his breath. Pending/Rumored Deal of Interest Rumors surfaced earlier in the year that Anadarko Petroleum (NYSE:APC) started sharing key financial information with potential bidders and hired Credit Suisse First Boston Credit Suisse First Boston was originally the trading name of the Financière Crédit Suisse-First Boston, a London-based 50-50 investment banking joint venture formed in 1978 between the First Boston Corporation and Credit Suisse. to negotiate a deal. Rumored suitors include British Group BP Plc (NYSE:BP), ConocoPhillips (NYSE:COP) and ChevronTexaco Corporation (NYSE:CVX), among others. Anadarko Petroleum Corporation Anadarko Petroleum Corporation (NYSE: APC) is one of the world’s largest independent oil and gas exploration and production companies, with 2.37 billion barrels of oil equivalent (BOE) of proved reserves and a production of 190 million BOE in 2004. Ranked No. is an independent oil and gas exploration and production company. APC takeover rumors first surfaced in early spring and they just kept coming. From what Lon is hearing, the company is looking for about $50 per share, which represents a 19% premium to its current price. If a deal can be reached, he expects it to be in the $47-$48 range. Learn more about the above-mentioned deals, including Lon Juricic's specific recommendations on the mentioned companies by clicking: http://featuredexpert3bw.zacks.com/ About Zacks Featured Experts To be a successful investor you need professional advice. Experts who know what they're talking about and can help you achieve your financial goals in good markets...and especially in bad ones will help you improve your portfolio. That is why Zacks Investment Research Zacks Investment Research A firm that compiles earnings estimates and brokerage firm investment recommendations for thousands of publicly traded firms. has assembled the best investment experts in the business to offer their powerful advisory newsletters to you on all the major investment topics: Stocks, Mutual Funds, Bonds, Options, Futures etc. Recommendations from Featured Experts Highlighted in FREE Investment Newsletter The best way to tap into the powerful advice from these experts is through our free weekly e-mail newsletter, "Profit from the Pros". Each week we highlight several Featured Experts in this free e-mail newsletter. Get your free subscription to "Profit from the Pros" at: http://www.freeprofit1bw.zacks.com About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 to compile, analyze, and distribute investment research to both institutional and individual investors. The guiding principle behind our work is the belief that investment experts, such as brokerage analysts and investment newsletter writers, have superior knowledge about how to invest successfully. Our goal is to unlock their profitable insights for our customers. And there is no better way to enjoy this investment success, than with a FREE subscription to "Profit from the Pros" weekly e-mail newsletter. For your free newsletter, visit http://www.freeprofitbw.zacks.com Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security. |
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