No. At best they might get the sale price up by $1, but that is unlikely. At worst, lawyers make a lot of money, shareholders get 0 or a token. You might think price would be adjusted downward to cover litigation expenses, but I've never heard of that happening.
“The issue right now is whether CN will be fined, and by how much if it is, for having had a situation where the grain supply chain did not allow us to move the minimum level set by the government,” Mongeau said today after a speech at the Canadian Rail Summit in Montreal.
Canadian National hasn’t been advised of the size of the fine, Mongeau said. Regimbal said the penalty is “up to the minister’s discretion.”
Canadian Pacific Railway Ltd. “has met the volume requirements,” Regimbal said. Calgary-based Canadian Pacific is the country’s second-biggest railroad after Canadian National.
Total crop production in Canada is forecast to drop by 21 percent from a year earlier due to a decline in average yields, Agriculture & Agri-Food Canada said in a Sept. 18 report. Wet, cool weather across parts of the prairies has delayed harvest and only 23 percent of the crop has been combined in Saskatchewan, Canada’s largest producer of wheat and canola, down from the five-year average of 43 percent, according to a provincial report.
“We cannot move the grain that is not delivered,” Mongeau said. “We are moving much more grain than last year. The supply chain is in balance.”
If SIAL is a virtual monopoly, where does their pricing power show up? I do think it is a great company. The premium in the offer seems substantial, especially as strategic fit doesn't seem that compelling.
New York, NY - September 3, 2014 On September 2, 2014, Taglich Brothers released an updated research report on UFP Technologies, Inc. (UFPT), reiterating a Speculative Buy rating and lowering the 12-month price target to $27.50 from $30.00 per share due to reduced earnings expectations. The report noted the following key investment considerations:
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An aging population, increasing automotive demand, and innovation in new electronic products should drive growth in UFPT’s principal end markets over the next five years.
A planned plant consolidation in 3Q14 is projected to reduce costs by approximately $0.75 million annually, driving gross margin improvement to 30% by 2015 from 28.4% in 2013.
For 2014, we project revenue of $140.6 million and EPS of $1.29, down from our earlier projections of $144.8 million revenue and EPS of $1.50 to reflect 2Q14 results and a greater than expected reduction in military sales.
For 2015, we project revenue of $147 million and EPS of $1.71, down from previous projections of $151 million revenue and EPS of $1.85. Our lowered projections stem from a greater than expected reduction in military sales.
2Q14 revenue (released 8/8/14) decreased 5% to $34 million and EPS decreased to $0.26. We projected 2Q14 revenue of $37 million and EPS of $0.41. Results were adversely affected by a decline in aerospace and defense market spending. However, aerospace and defense sales are expected to improve in 2H14.
My browser is chrome. When I go to Cat's Pride Fresh and Light, asterisk explanations are not readable on 1st screen and not that helpful on other screens (like who did the research to back up statements). Because site is "cutesy", it takes time to actually get to products. Getting to coupon took me 2 tries. Do they keep track so you can't download more than 1 coupon?
I didn't find rest of site very well organized, but I was kind of impatient, so maybe it is.
At least natural gas prices are coming down, but still higher year over year. Also, I like new product in that water from melting ice is absorbed.
I sold Crocs some time ago, but closing some unprofitable stores was part of the new management plan. Did you not know that?
I'm surprised they have just implemented this capability which I would have assumed they long had:
SAINT LOUIS, Sept. 10, 2014 /PRNewswire/ -- Sigma-Aldrich Corporation (SIAL) is pleased to announce that its Cerilliant® branded products are now available through Sigma-Aldrich Canada.
Service through Sigma-Aldrich Canada allows the Company's Canadian customers to readily obtain Cerilliant products domestically, in local currency and language – eliminating the frustrations of customs clearance, import duties/taxes, and international shipping costs.
APT (symbol) seems to be growing disposables quite well. I don't own either that stock or LAKE and am not recommending it. (Years ago I owned LAKE. CEO has a consistent record of failure; I think he took over from his father; it is true that Dupont moved downstream several years ago, hurting the LAKE business).
I listened to their presentation to Barclays and didn't hear anything negative. They did say, that like their competitors, they are reducing development activity due to cost in desirable urban areas. That should keep rental rates up.
2 disappointments: lack of sales growth; disappearance of bump in earnings from discontinuing office segment. In restated results, a small drop in interest costs for 1st qtr. but no change in eps.
Given the price action, it is likely that investors believe CATO's guidance is pessimistic - or maybe that it is a repeat of an annual forecast made prior to the fiscal year and not updated.
Micro, you are correct about net margin. However, from the earnings release, "operating margin was 3%, compared to 9% and 4%, respectively, in the same period of fiscal year 2013.".
I guess I was assuming that you thought operating margin would return to 4%, not something higher in deriving your eps.