Put on your party hats!
@@@WASHINGTON, May 26 (Reuters) - Reynolds American Inc won U.S. antitrust approval on Tuesday for its deal to buy smaller rival Lorillard in a deal that would combine the No. 2 and No. 3 U.S. cigarette companies. The Federal Trade Commission said it would allow the deal to go forward in condition that the companies sell four cigarette brands - Winston, Kool, Salem, and Maverick. They will be purchased by Imperial Tobacco Group PLC. Reynolds, which makes Camel and Pall Mall cigarettes, said in July it would buy Lorillard, which makes Newport, for $27.4 billion.
Here's DUK's idea...
@@@Duke Energy Corp., the largest U.S. utility owner by market value, agreed to build a battery-based energy-storage system at a shuttered coal plant in Ohio with LG Chem Ltd. and Greensmith Energy Management Systems LLC. The 2-megawatt project can deliver power in seconds and will “enhance reliability and increase stability” on the grid, the Charlotte, North Carolina-based company said Tuesday in a statement. LG Chem will provide the operating system and batteries, while Greensmith will supply software and grid-integration services. The systems “can instantaneously absorb excess energy from the grid or release energy,” Phil Grigsby, Duke’s vice president of commercial transmission, said in the statement. “Delivering that power in seconds, as opposed to a power plant that could take 10 minutes or more to ramp up, is the unique value the battery system provides.”
Bloomberg also listed SHPG as a possible target. Does that fit the bill?
Interesting perspective thanks. Does Ship Finance continue to receive their cut of any profits until end of lease, or does the amount of profit paid out by FRO depend on the company's financial condition?
I do however, stand by my view that if/when OLED gets bought out, it will be by a chemicals maker and not a display hardware company.
No I wasn't. OLED is not a large holding for me, so I never spent a lot of time reviewing the the reports. I follow the stock and post here mostly because I am interested in the technology. It's funny though that talk of a buyout has happened here several times, since with a poison pill that won't easily happen, and in any case no company would pay the high multiples I see mentioned. Onward and upwards it is then.
YHOO was blocking my post. I guess they prefer people not post about investing here. Here are my major holdings. So what are yours?
Utilties/Telco: MBT.TO, BCE.TO, ENF.TO, TRP
Consumer: RAI, BTI, MO, NSRGY
Energy: PBA, ECA, COS.TO, SU
Tech: SHPG, GILD
Materials: NILSY, PCP, WY
Transport: CNI, NAT
Any idea what percentage of baseball players chew tobacco?
@According to the Center for Disease Control and Prevention 7.1 per cent of North American adult men use chewing tobacco. In young adult males the number is even higher with 10.5 per cent chewing. Through this viral marketing campaign, word began to spread quickly about Holt Tobacco-Free Herbal Snuff. A long-time favourite product in the game of baseball, Mr. Holt began receiving calls from Major League Baseball coaches to help their player’s quit chewing tobacco. As well, Mr. Holt received a recent call from the Commander of Health in North Folk Virginia about the use of chewing tobacco in the military and sent samples for them to try.
About 230 Mbbls/day of production is offline. No reported damage to facilities yet.
@A quickly expanding wildfire in northeastern Alberta has forced Canadian Natural Resources Ltd. to shut down more oil sands production, pushing total volumes offline owing to the blaze to more than 8 per cent of the province’s oil output.
I read somewhere that of all the major sports, baseball has the fan base with the highest average age. That does not bode well for the future of the sport.
what's so funny about it? did you even look at the chart? 7 straight quarters of accelerating gdp growth and counting
In case you didn't notice, Spain is well into recovery.
I don't like to idea of joining a fan club. In the Christian faith, if I am still agnostic when I die, does that mean I go straight to hell, get a free pass to heaven, or get stuck in purgatory until I decide if I want to join?
I don't think it makes financial sense for companies like SDI or LG or APPL to buy OLED. To simply buy OLED to lock out others from access to OLED's IP portfolio is likely too expensive to justify the purchase.
Rather, to maximize profits, any acquirer would want to sell oled chemicals to the largest customer base possible. From that perspective, it seems much more logical for the acquirer to be a chemicals maker, in particular, one of those already playing in the field like DOW or MRK.DE.
To trublvrprkr's point, no company will pay 3x market cap to buy OLED at this juncture. OLED would have to grow until a buyout premium of 50-100% made sense. That said, unless the firm has a poison pill or a 50.1%+ controlling ownership (I don't believe OLED has either), it would be very difficult, if a buyer today offered the 50-100% premium (ie. buyout offer at $75-100/share), for the BOD to reject it. I have little doubt the majority of shareholders aka institutions would demand the deal be approved and would vote yes to it. They will take profits and move onto the next opportunity.
Rubbish. The energy in infra-red and visible electromagnetic waves emitted by the flame continue to propagate through space after the flame is extinguished.