This will keep the GBP from moving too far. BTI, with its major stake in RAI and therefore USD exposure and profits, should benefit.
@The FTSE 100 has closed at its highest level in 10-months after Bank of England governor Mark Carney predicted summer stimulus and signalled a rate cut may be on the cards following Britain's vote to leave the EU last week.
Explains the pop today.
@Shutterstock provides content products and services, and offers digital imagery services used in visual communications. Headquartered in New York, NY, the Company will be added to the S&P SmallCap 600 GICS Internet Software & Services Sub-Industry index.
For the record, I have a paper loss. My ACB is ~6/share. Like I stated before, I am perfectly happy to continue dripping until a sustained recovery emerges. I will also continue to average down on major pullbacks.
In my view, the two recent acquisitions suggest UDC is simply running out out of ideas on how to commercialize blue. The injection of new chemists from Adesis and new patents from BASF into the mix is a significant move to address this issue. However, development of a successful blue system has evaded UDC (and BASF, Fuji, and others as well) for many years, so it's far from given that the additions will change that. It's a high risk high reward move. OLED probably had no choice but to act decisively, with TADF-blue making steady progress in recent years.
NKE is not a trading stock. It is a long-term investment. Even if you buy and sell, it should be around a core long position with a 10+ year investment timeframe
Wanna be even more impressed? Go take a look at a chart of the London listing BATS.L. Major breakout. If GBP-USD FX recovered to pre-Brexit levels BTI would be sitting at ~136 now.
why bother... just stick to a discussion here or there. otherwise it's wasted effort imo.
What makes you think T Rowe is going to divest their entire stake in FE? They could be simply reducing portfolio weighting in utilities in anticipation of a rising rate environment..
Focus on Health continues with appointment of a new CEO.
@In today?s extraordinary Nomination Committee and full Board of Directors meetings, the Board reconfirmed the long-term orientation for Nestl� as a Nutrition, Health and Wellness company and expressed the intention of fully integrating both Nestl� Health Science S.A. and Nestl� Skin Health S.A. into the Nestl� organization reporting directly to the CEO of Nestl� S.A. from 1 January 2017. With this reconfirmation of the long-term strategy and the organizational integration in mind, the Board today unanimously decided to appoint Ulf Mark Schneider as the new CEO of Nestl� S.A., starting on 1 January 2017, and propose him for election to the Board of Directors at the 2017 Annual General Meeting. Ulf Mark Schneider, 50 years old and a German and U.S. citizen, has been CEO of Fresenius Group since 2003. He is a graduate of the University of St. Gallen with both a graduate and a doctoral degree, and also holds a Harvard Business School MBA. Fresenius, which offers high-quality products and services for dialysis, hospitals and outpatient treatments, has prospered strongly under the leadership of Mr Schneider over the past 13 years. Today, with over 220,000 employees in more than 100 countries and annual sales #$%$28 billion, Fresenius is one of the world?s leading diversified healthcare companies. In order to ensure a smooth hand-over phase, Mr Schneider will join Nestl� on 1 September 2016 for an introductory period.
Your thinking cap is on way too tight.
Yes they did, for many decades, and if not for the reckless financial stunts of the American banking system that nearly collapsed the world economy, and USA bank GS that swindled the Greek government, it would still be the case.
Why in the world should the EU do such a silly thing? It has existed, grown, and thrived for fifty years. Just because the UK, a member that has always been reticent (and not even one of the founding nations) decides to leave? England (and lets be clear here... it is just England that voted to leave... both Scotland the Northern Ireland voted to stay) will be the loser in all this. I wonder... would you promote the breakup of USA if Texas voted to leave the union?
Did you buy today. If not, what price are you waiting for? If you didn't have any position in SAN, a retest of the 52 week low today surely was a time to at least start to leg in.