UBS

News Corporation (NWS) - Polo Tang at UBS

The electoral theory was dismissed as wide of the mark, and there were questions about the financing of such a large deal. UBS's analyst Polo Tang added that News Corp already had "effective control and it could have acquired BSkyB in the past at a lower share price". 

British Sky Broadcasting Group plc (BSY) - Polo Tang at UBS

In an attempt to capitalise on such a change, News Corp, which owns around 39 per cent of Sky, was said to be mulling over an offer of up to 750p per share to assume full control, delist the broadcaster and take it private. Though the rumours drove Sky to a late high of more than 6 per cent, market opinion was divided, with traders labelling the speculation as nothing more than end of week gossip. The electoral theory was dismissed as wide of the mark, and there were questions about the financing of such a large deal. UBS's analyst Polo Tang added that News Corp already had "effective control and it could have acquired BSkyB in the past at a lower share price". 

Cenovus Energy Inc. (CVE) - Chad Friess at UBS

The Alberta government's decision yesterday to roll back on royalties, a bid to bring energy investment back to the province, is expected to benefit several companies. UBS Securities Canada analyst Chad Friess said in a research report that the winners should include Cenovus Energy CVE T. , EnCana Corp. ECA T and Talisman Energy TLM T among the large cap companies, PetroBakken Energy PBN T among the mid caps, and Trican Well Service TCW T and Calfrac Well Services CFW T among the services firms."We expect players that have amassed significant positions in unconventional plays to benefit the most from [yesterday's] announcement," Mr. Friess wrote. "Given the type of curves (high declines, significant per cent of overall production occurring in the first year); most of the wells will have yielded a large percentage of their value before royalties can ramp up 

Agrium Inc. (AGU) - Brian MacArthur at UBS

UBS Securities analyst Brian MacArthur wrote in a note to clients that potash demand is highly elastic and the drop in prices to about US$390 a tonne has "re stimulated demand.". Agrium, meanwhile, dropped its hostile takeover bid for CF Industries Holdings Inc., valued at nearly US$5.5 billion 

CF Industries Holdings Inc (CF) - Brian MacArthur at UBS

UBS Securities analyst Brian MacArthur wrote in a note to clients that potash demand is highly elastic and the drop in prices to about US$390 a tonne has "re stimulated demand.". Agrium, meanwhile, dropped its hostile takeover bid for CF Industries Holdings Inc., valued at nearly US$5.5 billion 

Softbank Corporation (9984) - Makio Inui at UBS

Makio Inui, an analyst at UBS Securities, said he was wary of the potential burden of investing in Willcom's network. "It might be better for Softbank to make further investments on its current networks rather than spending money also on Willcom's networks," Inui said. 

BHP Billiton plc (BLT) - Tom Price at UBS

Kloppers became BHP's CEO in 2007. He was unavailable for comment, London based BHP spokesman Illtud Harri said yesterday. ''I carry the scars on my back for bringing this matter to the attention of the world,'' Kloppers, 47, said in an interview in 2008, referring to the debate on pricing. Kloppers said last month he wanted an end to the months of ''stressful'' and ''heated'' annual pricing talks. Kloppers pushed successfully for quarterly pricing of manganese, another steelmaking ingredient, from an annual basis previously, said Tom Price, a commodity analyst at UBS in Sydney. 

Dr Pepper Snapple Group, Inc. (DPS) - Kaumil Gajrawala at UBS

It's too early for us to comment further.". Also Thursday, UBS analyst Kaumil S. Gajrawala upgraded Dr Pepper Snapple's shares to "Buy" from "Neutral" and boosted his target price to $42 from $31. 

BHP Billiton Ltd. (BHP) - Tom Price at UBS

Kloppers became BHP's CEO in 2007. He was unavailable for comment, London based BHP spokesman Illtud Harri said yesterday. "I carry the scars on my back for bringing this matter to the attention of the world," Kloppers, 47, said in an interview in 2008, referring to the debate on pricing. Kloppers said last month he wanted an end to the months of "stressful" and "heated" annual pricing talks. Kloppers pushed successfully for quarterly pricing of manganese, another steelmaking ingredient, from an annual basis previously, said Tom Price, a commodity analyst at UBS AG in Sydney. 

Dr Pepper Snapple Group, Inc. (DPS) - Kaumil Gajrawala at UBS

Shares of Dr Pepper Snapple Group Inc rose on Thursday after an analyst upgraded the stock, saying the drink maker's business will improve and shareholders will reap profits from payments related to consolidation within the industry. UBS analyst Kaumil S. Gajrawala upgraded shares to "Buy" from "Neutral" and boosted his target price to $42 from $31. Shares rose $1.26, or 3.7 percent, to $34.91 in midday trading, after setting a new 52 week high of $35.24 earlier in the session. Gajrawala said the company's shares have room to grow because they are still not taking into account improvement in operations and the company's share repurchase 

Aldar Properties PJSC (ALDAR) - Saud Masud at UBS

Aldar may face a funding gap of up to AED6.5bn ($1.76bn) over the next 24 months, a UBS analyst said in a research note on Wednesday. "Based on our assumptions we believe Aldar may face a liquidity funding gap over the next 24 months. Gap funding may be addressed via further government support, asset sales or capital markets, hence further leveraging of the balance sheet and/or shares issuance cannot be ruled out," Saud Masud, head of research and senior analyst of real estate said of the Abu Dhabi based master developer. Receivables, or money from sold units, make up 56 percent of Aldar's total liquidity, according to Masud's research