---If you can't use equity or debt, what are the remaining options? ----
Uh... use more of your profits, instead of paying them out as dividends?
BBD refuses to give into federal demands to loosen control of the firm by the family. The feds can block any foreign takeover, but they can approve it too if they want to. As a shareholder, I want the family to maintain control.
@The company is said to fear a foreign takeover with a change to the share structure, a threat considered immaterial by the federal government, which could block any move under Canada’s investment laws, according to one official. The Quebec government is now prepared to finalize its C Series investment -- initially envisioned as a three-way deal with the federal government and the company -- without federal help, one person familiar with the negotiations said. Bombardier has said it expects Quebec to complete its investment by the end of June.
Don't be such a nervous nellie. This is just big volume monkey games by all the big boys to maximize their trading profits pre-merger. What matters is that the merger closes. Then the stock will settle down and start to reflect the true value again.
What is the holdup with an announcement to fix the vote date? Seems odd it hasn't been set by now This merger was supposed to close H1 so only 45 days.
I say bring it on. Maybe another company will be more aggressive in putting all that cash flow to work.
That is why I hate buybacks.It's not enough to do them if you think the stock is undervalued. You better have a damm good growth story ahead too that you know will drive the value up.
This guy is definitely toast after the deal closes.
@VMware CEO Pat Gelsinger says he's going nowhere, despite a recent report saying he'll step down once the Dell-EMC deal is completed."I categorically deny it. EMC categorically denies it. And Dell categorically denies it. So there’s absolutely no merit or substance to the rumor whatsoever. And my intention is to stay here and Michael's intention is to stay here, as well," Gelsinger said, referring to Dell CEO Michael Dell, at the Jefferies Technology Conference held Wednesday.
Yup, I definitely missed a great deal back then.
@ELGIN, Ill. (AP) _ The Middleby Corp. (MIDD) on Wednesday reported first-quarter net income of $54.5 million. The Elgin, Illinois-based company said it had net income of 96 cents per share. The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 84 cents per share. The food preparation equipment company posted revenue of $516.4 million in the period.
Definitely APPL. GILD has a product pipeline and can easily expand it. AAPL is stuck between a rock and an iFad.
If GILD doesn't hold the February low of ~82 then a rendezvous with support at ~79 (the 200 period SMA line on the weekly chart) is likely in order. After that, who knows... probably, not you since I noticed you did not post any target along with your 'analysis'.
Extended to May 17. Looks like they've having trouble getting 66% of creditors on board for the restructure.
@On May 6, 2016, Foresight Energy LLC ("FELLC") and Foresight Energy LP (together with FELLC and certain subsidiaries of FELLC, the "Partnership") entered into the First Amendment (the "Amendment") to Transaction Support Agreement (as amended, the "Support Agreement") with certain of the lenders (the "Consenting Lenders") under the Partnership's Second Amended and Restated Credit Agreement dated as of August 23, 2013 (the "Credit Agreement"), which extended the deadline for the Partnership to enter into a corresponding transaction support agreement or similar agreement with holders of at least 66.67% of the principal amount of FELLC's 7.875% Senior Notes due 2021 (the "Notes") in support of the proposed restructuring contemplated by the Support Agreement to May 17, 2016. The Support Agreement may be terminated automatically after three business days upon the Partnership failing to enter into such agreement on or before May 17, 2016.
I feel very sorry for anyone who thinks your 'analysis and advice' in any way even remotely compares in quality to that of Mr. Bleeker.
Perfect summary of the situation thanks. I would add that the company has still not demonstrated consistent earnings growth despite contracts with two large customers that manufacture oled products selling into multiple target markets.
0.02 hit to earnings per quarter for the next four quarters. seems a bit rich.
@Profitability was in line with revenue, but was hindered by CEO transition costs of $0.01 per share that were not included in our first quarter estimates and were originally anticipated in Q2." Included in our estimate are CEO transition expenses which will negatively impact EPS by approximately $0.02. The remainder of the expected decline is attributable to decreased volume. The transition costs will continue to reduce earnings through the first quarter of 2017.