We're looking at at least a year here. Not good.
@@@@Under Japanese law, if the Fukui district court declines Kansai Electric’s request to lift the injunction, the utility can file another protest with the Kanazawa branch of the Nagoya high court. A high court decision would likely take at least a year, Mr. Kawai said, while the injunction would remain in place.
Yes, but how long of a delay does the industry face? The court appears to hold a very dim view of the effectiveness of the restart safety criteria that were drawn up and being applied by the NRA. If the rules are judged to be inadequate, it could take months if not years before the rules are modified and reactors are reviewed again under new rules.
@@@@The court ruled that new regulations implemented after the March 2011 Fukushima accident were no guarantee against another disaster. The court ruled that new regulations implemented after the March 2011 Fukushima accident were no guarantee against another disaster. “The new regulations are not reasonable, therefore there is no need to study whether the Takahama plant satisfies them,” the court said. Kansai Electric said it would file a protest asking the court to reverse its decision as soon as it had time to study the ruling. The country’s Nuclear Regulation Authority in December approved both reactors as complying with the new safety regulations. But the court ruled the new regulations “are so loose that compliance with these regulations wouldn’t secure the safety of this plant.”
95 days worth of inventory? Why in the world does CREE have so much? Normally you run high inventory levels to meet high sales demand. In this case, the #$%$ revenues indicate weak demand for their products. Their product mix must be horribly mis-aligned to customer demand.
@@Inventory decreased by $33.2 million from Q2 of fiscal 2015 to $299.4 million and represents 95 days of inventory.
---Because my guess is that the next serious miss gets Chuck the boot. And that will be a bullish sign---
Magic8ball you guessed right. Once again, today CREE reported lousy results and guidance. So how do investors give Chuck the boot? He certainly deserves it.
Those natgas price spikes in the northeast region you refer to will be greatly reduced over the next couple of years as new pipeline projects to deliver natgas from the prolific Marcellus shale to the area go online. Natgas supplies will not decline for many years, even if there is somewhat increased demand due to a cooler climate trend over the next decade or two. Natgas prices will remain low, barring development of massive LNG exports, and that will keep putting the squeeze on coal-fired generation, irrespective of any government-related actions.
In the near term, only a reduction in mined coal supplies will result in any significant change in coal prices. I don't see that happening. Relying a cooler climate trend to bump up coal demand and prices is naive at best, and would take many years if not decades to pan out. Are you ready to hold onto BTU for ten years or longer in the hopes that happens? I know I'm not.
Why do you continue to post this irrelevant information? The focus of any coal investor must be on coal prices, coal supply-demand balance, and competitive energy markets like natgas, NOT on the weather.
You're almost out of time to short AZPN wizzer... better get busy. Earnings are out on the 28th
exited a LO short position in Q1. Good riddance .... I hope they lost lots of money.
@@@@Greenlight disclosed three new long positions in the note: AerCap Holdings, Chicago Bridge & Iron, and General Motors. The firm exited positions in Aetna and Amdocs (both longs) and Safeway, Freescale Semiconductor and Lorillard (all shorts). A spokesman for Greenlight declined to comment. The New York-based firm manages approximately $12 billion. "Short candidates are easy to find, but as noted above, the opportunity set on the long side is quite constrained," the letter said
I think he is flinging shiiatt at the wall with the hope that some it it sticks.
@@@@Pharmacyclics, Inc. (NASDAQ: PCYC) fell victim Monday to the latest patent challenge by hedge fund manager and short seller Kyle Bass. AbbVie Inc (NYSE: ABBV) agreed last month to acquire Pharmacyclics for $21 billion. Dallas-based Hayman Capital Management L.P., managed by Bass, challenged one of Pharmacyclics' patents on Imbruvica, as treatment for mantle cell lymphoma.The Imbruvica challenge is the latest for Bass, who has mounted similar objections so far to patents held by Jazz Pharmaceuticals plc (NASDAQ: JAZZ), Acorda Therapeutics Inc. (NASDAQ: ACOR) and Shire PLC (NASDAQ: SHPG).
Nice knowin' ya
@@@Encana Corp. is seeking buyers for its natural gas properties in Louisiana as it focuses on drilling for oil and other liquids in Texas and Canada, people with knowledge of the matter said. Citigroup Inc. is soliciting offers for Encana’s Haynesville Shale basin acreage, valued at as much as $1 billion, said the people, who asked not to be identified because the information is private. The bank has begun reaching out to private-equity firms, energy explorers and other potential buyers, the people said.
So RAI put in a strong quarter. And now so did LO. Is there really any doubt that the merged company will be a veritable powerhouse?
@@@GREENSBORO, N.C., April 17, 2015 /PRNewswire/ -- Lorillard, Inc. (LO) announced today its results for the quarter ended March 31, 2015. First Quarter Highlights First quarter net sales increased 4.8% to $1.668 billion behind a 3.1% increase in wholesale cigarette unit volume. First quarter 2015 reported (GAAP) diluted earnings per share increased 2.7% over first quarter 2014 to $0.76. First quarter 2015 adjusted (Non-GAAP) diluted earnings per share increased 18.8% over first quarter 2014 to $0.82. First quarter 2015 Cigarettes adjusted operating income (Non-GAAP) increased 18.6% over first quarter 2014 and adjusted operating margin increased 3.4 percentage points. Total Lorillard retail market share of cigarettes for the first quarter of 2015 was a record 15.5%, increasing 0.3 share point compared to the corresponding period of 2014. Newport retail market share for the first quarter 2015 was a record 13.3%, increasing 0.3 share point versus first quarter 2014. The Company still expects to close the merger with Reynolds American in the first half of 2015, subject to regulatory approval and other customary closing conditions.
Efficiency and lifetime are certainly important factors, but I think the key to mainstream adoption will be price competitiveness with led lighting systems. I've still seen nothing on that Konica-Minolta roll2roll oled lighting fab that was supposed to ramp by end of 2014. I expected that fab technology to deliver more cost-effective solutions, but it appears they are having difficulties getting this plant up and running...bummer.
----There were no fashion trends in school where kids would get mocked for having the wrong sneaker type---
Sure there was...Adidas vs. North Stars comes to mind haha. But I agree that kids were far less concerned about things like that back then.
One day you'll be old and hopefully will have interesting stories to tell too.