3 Early Investors In Twitter Will Make 2x Their Entire FUND On Twitter IPO

3 Reasons Why Buy Side Analysts Believe Adobe Will Beat Wall Street Expectations

Adobe (ADBE) is expected to report FQ3 2013 earnings on September 17th after the close. The information below is derived from data submitted to the Estimize platform by a set of Buy Side and Independent analyst contributors.

Goldman Sachs Upgrades Lazard Ltd to a "Conviction Buy"

We talked about Lazard (not to be confused with Lazard Capital Markets) a couple weeks ago after they released a Levelized Cost of Energy Analysis. If you did not read that article Lazard is a global financial advisory firm founded in 1848. They operate all over the world and specializes in giving advice on mergers and acquisitions, strategic matter as well as restructuring and capital structure. Goldman Sachs on Monday upgraded Lazard to "Conviction Buy" from "Neutral." They also raised their price target to $45 from the previous $37. In a statement Goldman Sachs analyst Alexander Blostein said, “We believe the Street underestimates LAZ’s margin improvement opportunity in 2014 given strengthening revenue backdrop in both the Advisory and Asset Mgmt. businesses, and cost cut realization... “With modest revenue growth assumptions, we believe LAZ should achieve its 25% operating margin target, leaving us about 10% above consensus for the next two years. Furthermore, in our view, the firm’s significant cash flow generation (13% FCF yield) creates opportunities for corporate debt reduction starting in 2015, as well as dividend growth over time. Longer-term, we believe LAZ provides the most upside potential to an improving global M&A cycle mainly due to its European presence – currently the largest drag on M&A volumes.” For more information on Lazard's successes, the New York Times released an article here

http://aclassasset.blogspot.com/2013/10/goldman-sachs-upgrades-lazard-ltd-to.html

The “Mulher Caixa de Poupança e de Crédito” bank, the first bank focused on businesswomen in Mozambique was inaugurated in the city of Matola, Maputo province, Mozambican news agency AIM reported.

The agency said it was the first financial institution focused on financial solutions for the needs of businesswomen.

Board advisor Natividade Bule said that the new financial institution was the result of a partnership between women’s organisation “Ntamu”, and Gapi, a financial institution focused on development.

US Olympic CEO: Russian bombings ‘a preview of what could happen’ in Sochi

(Photo via TODAY)

With just over a month to go before the Winter Olympics get underway in Russia, a top U.S. Olympic official addressed the pair of deadly attacks during a 24-hour period this week in the Russian city of Volgograd. 

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Private Equity has a new Lobbyist: Ken Mehlman

Ken Mehlman former head of the RNC and the public affairs chief at KKR is now the top lobbyist for the private equity industry. Mr. Mehlman was elected on Thursday to be the chairman of The Private Equity Growth Capital Council.

PEGCC is the most prominent advocacy group for equity and capital firms such as TPG Capital, Silver Lake, Apollo Global Management, Carlyle Group and Blackstone Group. PEGCC was launched in 2007 and is currently being run by president and chief executive officer Steve Judge. Mehlman is succeeding Mark Tresnowski in this position. Tresnowski was a top lawyer for Madison Dearborn Partners.

“As a member of the PEGCC’s Board of Directors, Ken has long been a driving force behind our major initiatives,” said Steve Judge, PEGCC President and CEO. “We’re very pleased to have him as our new chairman. Ken is a unique talent with two decades of experience at the highest levels of government, politics and business. The PEGCC and our members will benefit tremendously from his leadership, advice and counsel.” 

Mr Mehlman's primary responsibilities will be to help expand the PEGCC's outreach as well as educate and engage stakeholders about the value of the private equity industry. At KKR Mr. Mehlman has had a large role in formalizing KKR's outreach efforts including creating robust environmental, social and governance programs for the firms and its portfolio companies. 

“I’m privileged to succeed Mark as Chairman of the PEGCC,” said Mr. Mehlman. “I have enormous respect for the PEGCC’s important work engaging with public policy makers to encourage more economic growth and retirement security for millions of Americans. I also share the PEGCC’s goal of building a community of investors who seek superior returns while also emphasizing active, responsible governance, long term investment and measuring success in years not quarters.

“I would personally like to thank Mark for his invaluable contributions and leadership for PEGCC and the industry as a whole throughout his tenure as Chairman,” said Steve Judge, PEGCC President and CEO. “From our many legislative battles over carried interest and the Dodd-Frank Act to the 2012 presidential election that brought our industry into the national spotlight, Mark provided the PEGCC with exceptional leadership."

Facebook Inc (NASDAQ:FB) is having a fantastic day. The stock hit a new all time high of $49.66. However, the charts tell the future and the future is…

Facebook Inc (NASDAQ:FB) is having a fantastic day. The stock hit a new all time high of $49.66. However, the charts tell the future and the future is not green for Facebook. Instead, it is cluttered with down days and a pull back to the $45.65 and $42.45 levels. So why when the world is so bullish on Facebook is the top in? The answer is somewhat simple. First, with the world so bullish on Facebook or on any stock, one must be wary as a reversal is likely. A great example of this was Apple Inc. (NASDAQ:AAPL). When the stock was at $700 a share, analysts were upgrading like crazy and the whole world was talking about it. This has now happened with Facebook. Today, happens to coincide with an analyst upgrade as well. Go figure, an analyst upgrades the stock now when it is up 100% in the last few months. Definitely similar to Apple at $700 per share. When looking at the stock chart of Facebook, the first thing that jumps out to me is the symmetry. The price hovered around $25.00 a share for a long period. After earnings it shot up to a high of $49.66. This is a 100% move in the stock. In addition, notice the selling that has come in off the highs today. Major distribution from institutions. Last, notice the tail on the chart today. As the stock declines, it forms what could be a topping tail on the daily chart. Should a topping tail form, it will solidify a major top in the stock for a pull back to the mentioned levels of $45.65 and $42.45. Normally, I do not mention valuation but even that is way beyond stretched. The bottom line sits at an overbought Facebook chart that has too many amateur bulls long and reversal signals everywhere. Cheers to a great shorting opportunity.  Gareth Soloway InTheMoneyStocks.com

The Kenyan middle class is an emerging demographic in need of hospitality and food services. Hellofood is a business venture originating out of Berlin’s Rocket Internet e-business incubator. The business has grown to several countries including Ghana, Senegal and Morocco.

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