meifud, myself and the other 'basher' longs here want to take this opportunity to say "you're most welcome". We try to keep it real.
It follows similar to MDCO bringing down from 38 to 26 on downgrade and news overreaction etc etc
Now same is trading at above 33 so wait same thing will follow with SnTS.
Working, you are making an error. Netsol.PK is a subsidiary that is a public company. Those earnings stay in Pakistan unless a dividend is declared. If you owned 65% of a company you would not have a taxable event unless there was a dividend or you sold shares.
That being said I think a nice beat is in store since Pakistan had good earnings even though they are spending on new facilities, equipment, and head count.
I'd say I bought the breakout at 8 and am feeling pretty damn smart! This stock has been under accumulation for months and no reason to expect that to change soon. Of course, it's all in the earnings.
I disagree don. Imo, bac being removed from dow is as bad as a downgrade. Low 14's or back to 13.70 for bac near term. Obama is really hurting the big banks with all the regulations. Jmho-bucko
As I understand it they want to include Apple and Google.
To include Aplle and Google they have come up with a new way to calculate the weight because of their share price
If that is the case then no comapny will be forced to split.
We will have to see how this plays out in the coming months.
Mastercard - I dont think you will see two card processors in the DOW.
Visa is the BIG one.
Possibly the new stock offering by PLUG might have affected the sector?
I'm looking forward to the next quarter :)
Sentiment: Strong Buy
Max 20 pct gaming tax for Japan casinos: analyst
Local governments likely given some regulatory discretion, says Union Gaming
Future casino resort operators in Japan might be required to pay a national government tax on gross gaming revenue of up to 10 percent, says a note from Union Gaming Research Macau. The paper adds that a further GGR tax at prefecture (local government) level might be levied at a rate between zero percent and 10 percent.
Even if suggested maximum levels of national and local gaming tax were levied on the gross, the gaming tax burden on operators would – at 20 percent – still be only about half that imposed on Macau operators.
“We could see an economically disadvantaged area attempt to draw higher levels of investment (and resulting employment) by offering a very low prefectural level GGR tax rate that, when combined with the national GGR tax, would suggest a total GGR tax barely over 10 percent,” says the research firm.
Union Gaming also suggests that while the Tokyo and Osaka metropolitan areas are the most likely sites for casino resorts, it’s possible prefectures within those areas will compete among themselves to host one.
“…Chiba prefecture (home to Tokyo Disney and Narita Airport) might take on Tokyo prefecture for the rights to host the one IR licence destined for the Tokyo metropolitan area. There is also talk of Chiba and Tokyo working together in some fashion due to the limited availability of land in Tokyo,” adds Union Gaming.
The research house adds: “It is important to note that the national government is likely to give the prefectures certain leeway in determining the regulatory structure of the IRs.”
Macau casino investors Las Vegas Sands Corp, MGM Resorts International and Wynn Resorts Ltd are scheduled to make presentations at a conference on Japan that Las Vegas-based Union Gaming Group is hosting in Tokyo from September 17 to 19.
Sentiment: Strong Buy
Treanor, who is chief of infectious diseases at the University of Rochester Medical Center in Rochester, N.Y., suggests a MERS vaccine might be the type of product governments might want to develop and stockpile, in the way the U.S. government has done with smallpox, anthrax and H5N1 bird flu vaccines.
President Barack Obama may be risking world peace to defend al-Qaida-linked Syrian rebels with U.S. military might. The question we should ask is: Why? Some people within the Arab world think they know the answer, that Obama is a secret member of the Muslim Brotherhood.
Down under price dropped again. Hope Alan does a great job delivering today at MS conf. K
Other way around moron. nobumba #$%$ his pants when putin spoke and the obeyed his orders.
The only market Apple is significant is U.S and when that moves away from Apple,I don't have to tell you we got another Blackberry story version 1.0. I have been out of Apple for the past 12 months,got in a few days ago hoping for a surprise? and what a surprise!!! I'm out and done with Apple.
Sentiment: Strong Sell