GILD loses 10% of its Hep-C revenues but other drugs are unaffected. This means max hit would be 9% or less but GILD still sells at a P/E of 7 so it is already far below a market multiple based on fears of declining Sovaldi sales (market saturation) and increased competition,
Roll the 10% revenue hit into the existing.fears of sales declines and it looks to me like GILD is still ridiculously cheap
Mark Twain once observed "it ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so." For years the Republican party projected a standard image of itself, as did the Democratic and their respective adherents confidently saw themselves to be signing up for organizations whose purposes they knew. The last few months have been rather cruel to each party's self-image.
Brussels (AFP) - Belgium security forces tightened security at nuclear plants across the country after deadly attacks in the capital city of Brussels, the Belga news agency said.
"Surveillance is stepped up with added security measures at nuclear plants," the agency reported.
"Vehicles are being checked with police and army on site," the agency added.
In February, investigators probing the Paris attacks found video footage of a senior Belgian nuclear official at the property of a key suspect.
Former U.S. Secretary of State Hillary Clinton expressed serious concern while in office in 2010 after learning that North Korea showed an American nuclear scientist a uranium enrichment plant in operation, according to newly released Clinton emails.
Clinton called the development "very disturbing," according to a Nov. 13, 2010, email sent to her deputy chief of staff after he forwarded to her a report that Stanford University professor Siegfried Hecker wrote about his trip to the North that included a visit to the North's Yongbyon nuclear complex.
Hecker said in an email report to Ambassador Sung Kim, special envoy to the six-party talks on the North's nuclear program, as well as to then-special representative for North Korea policy Stephen Bosworth that the visit was a "shocker."
"They took us to Yongbyon and showed us a functioning 2,000 centrifuge uranium enrichment plant in operation and a small (light water reactor) under construction. The technical implications are significant and you understand the political implications better than I do," Hecker said.
Hecker's trip marked the first time that the North had publicly acknowledged the existence of the program and a facility for it, even though the communist nation had long been suspected of seeking a uranium-based nuclear weapons program.
The North has since bolstered its nuclear capabilities and conducted its fourth nuclear test last month, claiming that it successfully conducted its first hydrogen bomb test.
Nuclear power is unsafe and too expensive to justify building new plants anywhere in the world, according to the Japanese prime minister at the time of the Fukushima nuclear accident.
Speaking on the fifth anniversary of the disaster, Naoto Kan said he was against the idea of Japanese manufacturers such as Hitachi and Toshiba building plants in the UK.
“Nuclear power is not safe. In the worst case scenario up to 50 million people would have had to be evacuated. Nuclear power is not a suitable technology and renewable power is much better,” Kan told the Guardian.
The former prime minister insisted he did not want to tell other countries such as Britain what to do but he said he did not support the reactors being switched back on in Japan.
His warning came as Britain’s nuclear plans are hanging in the balance because of delays over the go-ahead for EDF Energy’s Hinkley Point C project in Somerset and concerns about the project’s financial viability.
The bad news is that Centrus won't make any money any time soon, if ever. They shut down their old production facilities and gave up hope on building their new plant. They are mortally wounded. I suspect the new contracts contain escape clauses if Centrus is unable to fill them.
I'd be amazed if the stock got back over $3.
I wish the news was better.
This guy has my respect!
Morris Bawabeh Purchases 100,957 Shares of Centrus Energy Corp (LEU) Stock
March 2nd, 2016 - By Thomas Dobrow - 0 comments
Centrus Energy Corp logoCentrus Energy Corp (NYSE:LEU) major shareholder Morris Bawabeh purchased 100,957 shares of the business’s stock in a transaction on Tuesday, March 1st. The stock was purchased at an average price of $1.38 per share, for a total transaction of $139,320.66. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
When it rained or snowed the radioactive dust found its way to the ground, much of which was absorbed by lichen and mushrooms.
Reindeer normally eat a lot of lichen, or reindeer moss as it is sometimes known locally, in fact in the winter it can make up most of their diet.
But this year there was an unusually large mushroom crop, and according to Radio Free Europe scientists believe this is behind the increased reindeer radiation.
Reindeer meat is eaten in Norway, and the wider Scandinavian countries, and is a vital source of income for the indigenous Sami people, who are known for herding the animals.
The Norwegian government allows a relatively high level of radiation in reindeer meat, 3,000 becquerel, which was increased in response to the threat to the Sami herders way of life, the website says.
Even so, this year’s animals, with readings of 8,200 becquerel render most of the meat unsellable, and so many reindeer were released back into the wild rather than slaughtered.
The radiation in Norway has a half-life of 30 years, which means that today there is half as much radioactivity left as there was in 1986.
But with reindeer recording such high levels it could still be many years before the animals return to normal.