She seems to know whereof she speaks. Maybe this will help the stock on Monday.
The above from a Barron's article this week. Maybe between this endorsement, from someone who seems to know whereof she speaks, and GSK's malaria drug, we can get a small bounce on Monday.
Google the title to get to the Seeking Alpha article. What does anyone think about the conclusion? Granted, the suggestion of a dividend cut is still speculative, and Oppenheimer analysts aren't so pessimistic, but where there's smoke...
Google the title. Article posted at Nasdaq site.
Would the DOJ let this deal go through even though it recently challenged GE's sale of its appliance division to Electrolux and the takeover food wholesaler Sysco wanted and its airline collusion initiative?
it would seem like there would be a potentially more serious impact on the sensitive consumer medical pocket this combination than in the sale of a refrigerator/stove business.
To the more knowledgeable on this board, how advantageous financially was this settlement to BP vs. continuing legal challenges or worst case total payout estimates, which I saw as high as $68B? Did it really save the company much? Clearly, it mitigates an ongoing public relations problem, if nothing else.
Hopefully, BP will be smarter in the future with their legal strategies and assigning contractor responsibilities/liabilities.
The claims settlement is for up to $18.7 billion, which are to be spread out over 18 years. The settlement also included a $5.5 billion civil penalty under the U.S. Clean Water Act.
I don't think BP would have settled if it hadn't gotten decent terms. No details yet, though.
FWIW, in a CNBC interview posted today, an optimistic Mike Ward, auto analyst at Sterne Agee has a buy on GM. He may be smoking something, but he has a $50 price target on the stock. If I recall correctly, so does Citibank.
Einhorn at Green Light Capital bought a bunch of GM Q1. He must see some potential for appreciation even with future union negotiations.
Any thoughts on this development? (Google the headline).
There seems to be some very disciplined selling going on with this stock since it's been on a relentless decline of 1-2% a day. Can anyone tell if its institutional selling or just small investors panicking and all bailing at once? Any rumors about the basic fundamentals of the company that would be prompting this move down?
Given some largely favorable/plausible recent analyses by writers at Seeking Alpha, an April upgrade by Cowen, and an aggregate analyst rating of 6.8 out of 10 in Fidelity's research section, the duration and severity of this decline is hard to explain even with the price of coal softening.