You clearly don't understand the fundamental design of BTC. No banker will ever control this cryptocurrency and its underlying blockchain. The big banks will certainly try to introduce their own coins and blockchains, but those will never compete in any serious way with BTC for dominance.
@Codename Citicoin: Banking giant built three internal blockchains to test Bitcoin technology Ken Moore, head of Citi Innovation Labs told IBTimes UK during a technology briefing that the bank has been looking at distributed ledger technology for "the last few years" and has amassed a skilled team. They have constructed three blockchains and a test currency to run across them.
@Barclays Trials Bitcoin Tech With Pilot Program Barclays has signed off on a proof-of-concept to trial bitcoin technology. Following an agreement with bitcoin exchange Safello, the UK bank says it will explore how blockchain technologies could bolster the financial services sector.
--- Banker's don't like it because they can't control someone's ownership of it, it is physical. They can with every other asset---
Bankers can't control BTC
Looks like GS needs to upgrade RAI to Super Conviction Buy and raise their target to $100.
As a MO shareholder, I agree with you. It would be interesting to see the company make a push into spirits by buying up a few micro-distillers. Or a decent sized micro-brewer?
If I was a PM shareholder though I'd be all for it. Like PM, BTI is a global tobacco giant, but unlike PM, BTI has significant exposure to North American markets through its Imperial Tobacco Canada subsidiary and its 42% stake in RAI. It's for that reason that I hold BTI and not PM.
You can certainly blame them for bad management, but incompetence does not equal deception, and that certainly does not justify a class-action suit.
Defend? I'm not defending anything or anyone you fool. It is your decision alone to buy or sell shares in a company. No one told you to ride it down as you saw the business performance deteriorate. Blaming your losses on others is a poor excuse for your bad judgment. Grow up.
NKE to benefit from TPP agreement. New target price 129.
Anyone know if NKE currently sells into the Iran market or is that blocked by sanctions?
@@NEW YORK (TheStreet) -- Nike's (NKE - Get Report) price target was increased to $129 from $122 by analysts at Jefferies this morning. The firm maintained its "buy" rating on the stock. Analysts believe the passage of the Trans-Pacific Partnership (TPP), a proposed free trade agreement between the U.S. and 11 other countries, is likely. If the agreement gets ratified, tariffs on Vietnam imports would be eliminated, which could boost Nike's margins, according to the analyst note. Vietnam plays a prominent role as it ranks second after China in U.S. footwear and apparel imports, analysts stated.
Maybe they are dumping SGYP to retail after the recent pump, while accumulating IRWD after the recent MS downgrade. Ya know... that pesky 'smart money' thing...
It appears Korea is also moving quickly.
@South Korea's POSCO , the world's fifth biggest steelmaker, said earlier it had been in touch with several Iranian firms seeking to do business after sanctions were lifted.
Like I said... u snooze u lose.
@NEW DELHI/MANILA (Reuters) - An Indian state company has agreed to sell high-quality iron ore pellets to Iran, its chairman told Reuters, in what could be a $200 million annual deal that signifies expanding business ties between the countries as sanctions against Tehran ease. India had remained one of Iran's top oil buyers despite trade curbs over Iran's nuclear programme and the two countries are now exploring partnerships worth billions of dollars in ports, steel, aluminium and power.
PCP just announced a new acquisition, but it;s not HAYN or ATI.
@7:02 am Precision Castparts to acquire Noranco from MidOcean Partners and PSP Investments for $560 mln; expected to be immediately accretive to earnings (PCP) : Noranco is a supplier of complex machined and fabricated components for aero-engine, landing gear and airframe applications. The cash acquisition will be immediately accretive to earnings. Subject to regulatory approvals, the transaction is expected to be completed during the third quarter of fiscal 2016, after which its results will be reported as part of the Airframe Products \segment.
Who does this guy really work for? He says BBD-B.TO management needs to deliver the G7000, while industry watchers confirm that market space is slowing down.
@For now, strength in North America is helping to offset weakness elsewhere, but that won’t last forever, said Aboulafia. And if Bombardier does end up delaying the Global 7000 and 8000 from their planned 2017 entry-into-service date, Gulfstream will have the chance to cement its dominance in the ultra-long-range market. “If Bombardier can get the Global 7000 and 8000 to market, they’ll be in great shape,” Aboulafia said. “It’s their high-end market attack. It’s their response to the Gulfstream 650 and it looks great, but everyone’s wondering when it’s going to be rolled out and when it’s going to fly and when it’s going to enter service.” For all that uncertainty, Aboulafia offers a sarcastic, “Thank you, CSeries!”
@Brian Foley, who spent 20 years as director of marketing for Dassault Aviation’s Falcon business jet — which competes with Bombardier and Gulfstream — said he thinks the growth in the large-cabin market is already slowing down. “The big-cabin aircraft was a favourite of emerging markets like China and Russia that today, because of political and economic reasons, aren’t buying aircraft as fast,” said Foley, who now runs his own aviation consultancy, Brian Foley Associates. “In addition, the oil-related companies and regions always favoured that size of aircraft too, and with the price of oil down they’re not as eager to buy today.” Bombardier acknowledged this when it announced in May that it would lay off 1,750 workers and cut production of its Global 5000 and 6000, citing softness in China, Russia and Latin America.
Well I guess these insiders who were buying back in June are just as embarrassed as anyone. Fact is this is a pure play on oil prices. Trade it accordingly.
As of 11:59pm ET July 24th, 2015
Date Insider Name Ownership
Type Securities Nature of transaction Volume or Value Price
Jun 22/15 Jun 19/15 Fisekci, Siren Indirect Ownership Common Shares 10 - Acquisition in the public market 250 $9.31
Jun 15/15 Jun 15/15 Twiss, Wesley R. Direct Ownership Common Shares 10 - Acquisition in the public market 1,897 $9.75
Jun 15/15 Jun 15/15 Raiss, Sarah Direct Ownership Common Shares 10 - Acquisition in the public market 2,033 $9.75
Jun 15/15 Jun 15/15 Bourne, Ian Alexander Direct Ownership Common Shares 10 - Acquisition in the public market 2,033 $9.75\
I agree completely. I guess you don't know that rails is a big fan of BTU and has been buying all the way down (although he has never indicated what his ACB is, I can only assume it is well up there since he only buys a bit at a time). I posted my comment because he likes to bash FRO but in his eyes BTU is a pot of gold in the waiting.
Why wait for FRO to hit 1.30 when you can buy BTU at that price today? Beggars can't be choosers.
Per CYN CEO at the recent earnings call
@Goldsmith also said City National has made good progress toward the completion of its merger with Royal Bank of Canada, which is expected to close later this year. The $5.4 billion deal, announced in January, was approved by shareholders on May 27. "It was particularly gratifying that 99.6 percent of the votes cast by City National shareholders were in favor of the merger, and that the merger has been endorsed by key community development organizations in the communities we serve,” Goldsmith said. “This compelling combination will create significant opportunities and enhanced capabilities for our clients, colleagues and local communities."
The CEO says business from BBD-B.TO is strong. Go figure...
Ken Herbert, Canaccord Genuity - Analyst 
Okay. And then if I could. Finally, on the business and regional, you have highlighted, I think, 4% growth in those markets in the quarter. Any particular programs you'd highlight as maybe accelerating or standing out as part of that growth?
Nick Stanage, Hexcel Corporation - Chairman, CEO and President 
Gulfstream continues to be strong second quarter. Bombardier was strong. So there is not one or two programs. It really is across the business.