My feelings are no way TEVA buy's this out. It would look suspicious if they paid a huge premium that Frost would want. PFE would they want the diagnostic? JNJ would may be a better fit.
Revision on my numbers.
500,000 filter sales a year x 1.50 x 1.34(Euro value)= $1,050,000
500,000 filter sales a year x 1.50 x 1.12 (Euro value finish yesterday)=$840,000
Around the time ECB announced that they would be looking at buying bonds, Houghton was let go. These hedge guys understood that the deal, they were talked into, had soften. As some of the smarter posters here pointed out, that the announcement that a new CEO, didn't have any language thanking Houghton for his service. Maybe because he entered into a deal, that didn't consider a 20% drop in FX strength?
Or we could go with that he was let go, because he couldn't put together a good demo, that ethnically challenge techs could understand. I'm just saying.
Seems as usual spandex has it wrong....again. Bloomberg report's on Russian Gold buying. How can spandex get it wrong so often, simple, he listens to MSNBC. Probably has a picture of Al on his bed room wall.
Here is the report:
By Eddie van der Walt
Thursday, January 22, 2015
LONDON — Russia is showing no signs of slowing gold purchases as the fifth-biggest holder boosted reserves for a ninth month.
The country’s gold reserves rose to about 38.8 million ounces as of Jan. 1 from 38.2 million ounces a month earlier, the central bank said today on its website. It’s the longest stretch of monthly increases since August 2013, data from the International Monetary Fund show.
Russia has more than tripled its gold hoard since 2005 and holds the most since at least 1993, even as it recently had to use its international reserves to defend the ruble. Sanctions imposed by the U.S., the European Union, and their allies have compounded the effect of plunging energy prices and led Russia’s economy to the brink of recession. The ruble slid almost 50 percent in the past 12 months. …
Recall last month on WG's board that, I notice that it was your time of the month. That was Dec 23, now look at yesterday and today, your posts. Do I know you or what Last month on the 23 you were whinny about WG. This month it's CDTI. Mark your calendars for February 23.
You talked GS into selling his home and buying RVM. Now he has to move into that one bedroom apartment of yours. Why did you tell him there were mirrors on the ceiling.
I sold my COCP at .56. Looking to buy it back. My only issue, is the Hep trial was postponed and I haven't forgiven them, for it yet.
Looks like spandex is miffed. He can't use a word he heard that day, because he might have to explain it. Who else does that....dbtunr. Still waiting on him to tell us about FX. Glad to see spandex now up $220. maybe the bet wetting will for him now. He's so cranky hen he has a rash.
Apparently trying to make good on his margin calls on RVM. 60% haircuts are hard to shake off, ask Spanspur. We may have been a little greedy here, but at least we only gave back what we made. Whole different story when you invest in RVM and lose out of the gate 60%, with little hope of ever getting it back.
I notice that he cannot explain "Structure" comment. How about I do it for you. Yesterday the Swiss set up a clearing house for the China currency through the Swiss. This way Europe can trade direct with China. Going around the dollar. Apparently spandex can repeat a word, he just cannot tell you why.
The dollars days are cooked. Our QE will start fast and hard, when China dumps all our treasuries. BTW Russia was a net buyer of Gold. Not as you reported. You need to stop watch MSNBC for your info. How's your buddy Sharpton, heard he's lock into a debate. That should be fun to watch him wet himself, when he cannot yell over a bull horn.
Kman is the first long to show that bashers are smarter then he is.