Commentary
Sector Watch


Play of the Day
Current Plays
Watch List
New Plays
Play Updates
Drops


Announcements
Current Split Catalog
New Candidates
Candidates Index
Expected Splits
Splits 101


Play Results
Split Predictions


Ask the Trader
Trading 101
Bookstore
Glossary
Dow Charts
FAQ


Splits
SEC Filings
Coming Economic Events
BoD Meetings
Earnings


Chat Room
Message Boards


Email Newsletter
Author Search
Advertise With Us
Change Password
Contact Us

STOCK SPLITS > New Candidates Thursday, April 12, 2001

LLL - L-3 Communications Holdings $87.00 (+4.34)

Although LLL has never split its shares before, it is now trading above $85/share, plenty high enough for the company to consider a 2:1 split. In addition, the firm has 100 million shares authorized and only 33 million issued. We are targeting the company's 4/26 earnings date as the next likely time for a 2:1 split announcement.

MUR - Murphy Oil Company $75.52 (+3.63)

Murphy has not split its shares since 1980. With its recent run higher, the stock has now breached $75/share, which has been a historic split level within the oil group. The company has enough shares for a 3:2 split and we will look towards 4/25 as the next probable time for a split announcement.

PPL - PPL Corporation $50.31 (+4.05)

PPL last split its shares 2:1 in May of 1992 at $51.00/share. Judging from where we closed this week, the Board must be having share-splitting discussions again. PPL has 390 million shares authorized and 177 million issued, so a 2:1 is certainly possible. We will watch PPL's earnings release date of 4/25 as the next likely time for a 2:1 split announcement.

 


Copyright 2001 SplitTrader.com

Do not duplicate or redistribute in any form.
Privacy Statement   Disclaimer   Terms Of Service