From BBC online this morning:
"An Indian court has accepted an appeal by Finnish phone maker Nokia to release its local factory seized by authorities in a tax dispute in September.
The factory in the southern city of Chennai is one of Nokia's largest manufacturing facilities.
Nokia was ordered to deposit 22.5bn rupees ($364m; £222m) in an account as a condition for lifting the freeze.
The ruling removes a hurdle to the sale of Nokia's mobile phone business to Microsoft.
The plant is due to transfer to Microsoft as part of the US tech giant's $7.2bn purchase of Nokia's mobile unit......."
Just watched a great one on YouTube of a circus lion snapping and repeatedly attacking his trainer during a show under the big top. Great fun when, to quote Chris Rock, the "tiger (lion in this case) goes tiger."
You'll worry when officers are selling? You mean like the $834,560 direct sale at $52.16 by VP of Men's Merchandising Robert Carlberg on November 25th?
Read the November GT press release on their website. Apple will NOT buy or own the furnaces.
Thanks Fern and Maple! I had just been watching a bunch of interviews with vendors from IBC 2013 on YouTube from a search of "set top box dead" and couldn't summarize their varied opinions in my head. Both your comments help.
Even Motley Fool on September 29th had an article by Michael Hooper estimating this year's Buckle special dividend to come in at $3.25. Instead, they've now announced an amount barely topping one third of that, barely more than one quarter of 2012 or one half of 2010 and 2011. The low for the past five years was $1.80 in 2009, and it's not even 2/3 of that (which was in the depths of the financial crisis). Bad omens all around.
Both you and the dude stating that Apple will own the Arizona furnaces are delusional. From the November 4 GT press release, available on their website and Yahoo Finance:
"The company also announced that it has entered into a multi-year supply agreement with Apple Inc. to provide sapphire material. GT will own and operate ASF(R) furnaces and related equipment to produce the material at an Apple facility in Arizona where GT expects to employ over 700 people. Apple will provide GT with a prepayment of approximately $578 million. GT will reimburse Apple for the prepayment over five years, starting in 2015."
Sentiment: Strong Buy
OK, I have to be honest, I didn't make it past your "A." The $578 million is not a loan, it's a prepayment for product delivered.
LOL the building may indeed have a "long hall" in it, but hopefully we're in it for the "long haul." Learn your idiomatic expressions, dude.