This is the New Paradigm. The definition of "Items" in One-time Items has changed. Soon "Items" will include ALL expenses and "Non-GAAP, ex-Items" 'earnings' will simply be revenues plus committed revenues plus potential revenues plus possible revenues, divided by shares minus employee shares minus all shares that some day may be bought by the commpany. For Obama's drug companies, which are fleecing the US taxpayers supporting Obamacare and Medicare, while selling overseas drugs dirt cheap, this is not only the New Paradigm. It's the "Compelling" New Paradigm.. .
How do we vote out a bunch of West Africans who happen to be unfortunate enough to live there? Guns kill over a hundred times as many people each and every day in the U.S. as Ebola will kill in a hundred years. Flu kills over 3000 people every year in the U.S. Better to vote OUT those who want to eliminate health care for 30-million people.
I want professional managers running my company, not some quick buck artist from Wall Street.
The only thing "professional" about most CEOs is that they get paid, a lot. If you had spent time with CEOs, you would know that.
AMGN will be a perfect buy writing candidate. The upside bias will be around for the long term investor to write calls against their stock.