>>> YAHOO - Holder Starboard sends letter to Board; recommends steps that could

Holder Starboard sends letter to Board; recommends steps that could unlock $11.70/shr in value - Tax-Free Spin
-Off of Yahoo's Alibaba Stake Is a Good First Step, But Not Enough to Solve Yahoo's Current Valuation Discrepancy
- Continues to Believe That There Are Other Opportunities Within the Company's Control to Create Significant Value for Yahoo Shareholders
- calls for Returning $3.5-$4.0 Billion of Excess Cash to Shareholders through Share Repurchases
- Calls for Right-Sizing the Company's Bloated Cost Structure
- Exploring Opportunities to Monetize Yahoo's Intellectual Property and Real Estate Assets
- Separating Yahoo! Japan Stake in a Tax-Efficient Manner

>>> WisdomTree announces it surpassed $50 bln in assets under management

WisdomTree announces it surpassed $50 bln in assets under management  

"While we are experiencing record inflows of $9.7 billion led by our pioneering currency hedged family this year, the foundation of our growth rests in our larger commitment to innovation in ETFs. We have been a consistent asset gatherer since launching our first ETFs in 2006, with growth accelerating in recent years."


{WETF US Equity DES<GO<<Go>}

>>> T-Mobile US: Gabelli reiterating TMUS as top Pick for 2015

T-Mobile US: Gabelli reiterating TMUS as top Pick for 2015

Gabelli notes TMUS continues to be their top Telecom pick for 2015 with the company's solid spectrum position and opportunities to expand the MetroPCS prepaid brand to new geographic areas. The wireless sector in the U.S. continues to consolidate, and TMUS should command a 7.0-7.5x FY EBITDA multiple in a buyout/consolidation scenario. 2016 PMV of $50 per share.

>>> US Gapping up

Gapping up
In reaction to strong earnings/guidance: RMGN +14.3%, SHLO +4.8%, MOBI +4.2%, WUBA +3.8%

M&A news: RTI +44.4% ( Alcoa (AA) to acquire RTI for $41/share in a stock for stock ), PNK +24.7% (David Faber tweets 'Gaming and Leisure (GLPI) springs bear hug on PNK, trying to combine with its real estate assets; GLPI says deal worth $36/share to PNK holders')

Select metals/mining stocks trading higher: ABX +1.9%, AU +1.5%, GOLD +1.4%, GDX +1.3%, NEM +1.3%, MT +1%

Other news: CTIC +20.4% (CTI BioPharma and Baxter (BAX) announce positive Phase 3 persist-1 trial results of pacritinib for patients with myelofibrosis), OPXA +12.3% (amended its option and license agreement with Merck Serono (MKGAY.PK unit) and will receive a $3 mln payment), HTBX +10.2% (receives US FDA Fast Track Designation for HS-410 ), WLL +9.7% (WSJ report that the company is considering sale), CAMT +7.8% (announces the receipt of an order for 9 Eagle-i systems), PHMD +4.3% (cont strength from last week), MPO +3.5% (Interim CEO Peter Hill resigns, steps down from Board; co will appoint Frederic Brace as interim President and Chief Executive Officer), XOMA +3.1% ( presents positive Phase 1 XOMA 358 data), BXE +2.7% (proved reserves +30% in 2014, with production +74%), GM +2.6% (authorizes initial $5 bln share repurchase program beginning immediately; reaffirms FY15 EBIT targets and long term guidance), HZNP +1.6% (announces that pre-clinical data show treatment with Interferon Gamma improved signs of disease severity of rare bone disease), URBN +1.6% (favorable commentary on Friday's Mad Money), SPPI +1.4% (announces that its New Drug Application for Captisol-Enabled Melphalan has been accepted by the FDA), JACK +1% (favorable commentary on Friday's Mad Money), AAPL +0.8% (in advance of product event; also target raised to $145 from $130 at Macquarie), FCAU +0.8% (NHTSA confirms FCAU recalls certain 2008-2010 models over ignition switch issue)

Analyst comments: AVEO +14% (upgraded to Sector Perform from Underperform at RBC Capital Mkts), UTIW +4.4% (upgraded to Outperform from Mkt Perform at FBR Capital), JNPR +2.2% (upgraded to Buy from Neutral at Goldman), URBN +1.6% (target raised to $46 from $42 at Brean Capital), MPEL +1.2% (upgraded to Neutral from Underweight at JP Morgan), DRH +0.8% (upgraded to Outperform from Neutral at Robert W. Baird)

>>> US Gapping down

Gapping down
In reaction to disappointing earnings/guidance: LITB -4.2%, POZN -4.2%, MCD -1.2%, (reports Feb global comps -1.7%; -4% in the US) BITA -0.7%

M&A news: AA -2% (Alcoa to acquire RTI for $41/share in a stock for stock)

Other news: ACRX -42.8% (provides update on the timing and potential content of the resubmission of the New Drug Application for Zalviso; receives correspondence from the FDA that an additional clinical study is needed to assess the risk of inadvertent dispensing and overall risk of dispensing failures), NBG -7.7% (EU Pres comments regarding Greece reform proposals), IBN -2.9% (Sensex down over 2% overnight), RDY -0.8% (Sensex down over 2% overnight)

Analyst comments: BBRY -3.9% (downgraded to Sell from Neutral at Goldman), CLF -1.6% (downgraded to Sell from Hold at Axiom Capital), KORS -1.6% (cautious comments and target lowered to $72 from $76 at Sterne Agee), TSM -1.5% (downgraded to Underperform from Sector Perform at Pacific Crest), LAZ -0.9% (downgraded to Neutral from Positive at Susquehanna), LEN -0.7% (downgraded to Neutral from Buy at Buckingham Research)

NY Post : Schwarzman on path to $1B payday in a single year

When it comes to big paydays, private equity is the place to be.
Fuhgeddabout the big banks, which are under siege from shareholders to slim down or break up. Even hedgies are taking their lumps for carving outsize pay while often failing to outperform the broader market.
In fact, according to calculations by Crain’s New York Business, Blackstone boss Steve Schwarzman is well positioned to become the first leader of a public company to be paid more than $1 billion in a single year. He received $690 million in 2014.
This year could prove even richer for Schwarzman, considering that Blackstone has more than 80 companies to shop around, the paper reported.