kibbles, I won't dispute that there are many who abuse the system. but I would argue there are many more that don't. I suspect that mis-spending of donations to various charities constitutes a much larger 'abuse' percentage wise.
I despise the fact that society seems to increasingly rely or even thrive on donations. I can accept to have a government-funded social safety net, but I find the idea of thousands of special interest groups ceaselessly clamouring for public donations revolting.
Yes I saw that too. WY only spent a third of their allocation so far, much less than I assumed based on higher trading volume after the deal closed. It'll be interesting to see how much they buy this quarter.
Well someone is buying AIXG, just not one of the usual American suspects.. Get the party hats out Loony. It's time to celebrate.
@5:56 am Aixtron receives takeover offer from Fujian Grand Chip valued at EUR670 mln (AIXG) : AIXTRON SE (AIXG) and Grand Chip Investment, have entered into a merger agreement. GCI will launch a voluntary public takeover offer to acquire all of the outstanding ordinary shares, including all ordinary shares represented by AIXTRON ADS. Under the terms of the agreement, AIXTRON shareholders will be offered EUR6.00 in cash per each ordinary share. The transaction values AIXTRON's equity, including net cash, at ~EUR670 mln and reflects a 50.7% premium to the three-month volume weighted average share price prior to announcement. GCI expects the offer to commence in July after approval of the offer document by the German Federal Financial Supervisory Authority with closing is expected in the second half of 2016.
I don't trade much. I do see that SPY is attempting to push back up through the 50 day SMA as the 10 day line is about to cross down through it.
I don't think this is specific to their igadget displays. It is more fundamental Specifically, I suspect the market for top-end smartphones is flattening out.
Funny how there's no issue subsidizing a foreign company to expand operations here, but there's a big stink when government is asked to assist Canadian companies like BBD.
@Bell Helicopter Textron Inc. will build its new five-passenger commercial helicopter in Quebec instead of Louisiana, creating 100 jobs. The company announced Thursday that it will relocate several programs, including final assembly of the Bell 505 Jet Ranger X, which will be done in Mirabel, Que., instead of Lafayette, La. The governments of Quebec and Canada “will adjust certain conditions of their current loans” to support the move, according to the federal government.
Whiskey could get a lot rarer in the EU.
@More than 1 billion pounds ($1.4 billion) of the U.K.’s scotch whisky exports could be at risk if voters choose to leave the European Union. Britain may face “bureaucratic barriers” to trade with the EU if it leaves, the Department for Environment, Food and Rural Affairs said in a statement on Monday. Whisky is the U.K.’s biggest food and drink export and the bloc is the single-largest destination, accounting for about 37 percent of sales volume, according to the Scotch Whisky Association, which backs remaining in the EU.
I suppose there may still be a way for BTI to get their message across to loyal customers. Put all the adverts - slogan, colors, fonts - inside the package on the foil wrapper. Plain packages will make it harder to attract new users though, that is almost certain.
Analyst raises price target on SHPG to $239.
@JPMorgan Chase & Co. Raises Shire PLC (SHPG) Price Target to $239.00 May 20th, 2016 Shire PLC (NASDAQ:SHPG) had its price objective lifted by equities research analysts at JPMorgan Chase & Co. from $230.00 to $239.00 in a research note issued to investors on Friday, The firm currently has an “overweight” rating on the biopharmaceutical company’s stock.
Equipment makers like AMAT (they just released earnings yesterday) are seeing higher end demand as oled fab capacity expands.
Makes a lot of sense.
@Shutterstock Launches Microsoft PowerPoint Plug-in Plug-in provides millions of high-quality images at the touch of a button to business professionals around the world NEW YORK, May 18, 2016 /PRNewswire/ -- Shutterstock, Inc. (SSTK), a leading global provider of commercial imagery and music, today announced that it will now be providing Microsoft PowerPoint users integrated access to its vast collection of professional photos and illustrations. Shutterstock's plug-in will work with PowerPoint 2013, PowerPoint 2016 and Office 365.
MIDD did another acquisition to broaden their product offerings .
@The Middleby Corporation (NASDAQ: MIDD) today announced the acquisition of Follett Corporation, a leading manufacturer of ice machines, ice and water dispensing equipment, ice storage and transport products and medical grade refrigeration products for the foodservice and healthcare industries. The company, which is headquartered in Easton, Penn., has approximately $140 million in annual revenues.