Does anyone know if the report from Moody (posted in Yahoo f) affect on mu's price tomorrow, or is it an non-event news?
non-event. Bernstein just raised their 2014 forecast $0.13 to $3.01 to reflect less dilution.
$3.01 for 2014? Nice. Link?
I think its slightly positive since it is considered a negative event but doesn't impact credit rating. Could it be that Moody's thinks improving fundamentals counterbalance?
Sentiment: Strong Buy
Non-event. All they are saying is that it is increasing leverage...in other words, they spent money to decrease the diluted share count. We already knew they were doing that, and it was a good thing for the long term value of the shares.
This is DEVASTATING news. It will knock $3 or $4 off the stock price tomorrow. I would be reeeeal worried if i was a long tonight.
Guess that is why they call you big dummy.
No effect at all. Expecting it to glide to 20 before December.