Really? Apparently they've been in talks for quite a while now.
EMC weighs merger, other options By Dana Cimilluca and Joann S. Lublin Published: Sept 21, 2014 10:33 p.m. ET Data-storage giant EMC Corp. EMC, -0.64% under pressure from a shareholder activist and faced with the expected retirement of its longtime chief executive, is considering options that could include a merger deal with a rival, according to people familiar with the matter. EMC for nearly a year held off-and-on merger discussions with Hewlett-Packard Co. HPQ, -0.59% , though those talks recently ended, according to people familiar with the matter. It isn’t clear whether the talks could be revived.
Quite a conundrum for the warmongers.
@@@@@Iran is ready to work with the United States and its allies to stop Islamic State militants, but would like more flexibility on Iran's uranium enrichment program in exchange, senior Iranian officials told Reuters.
Interesting times ahead in the world of beer. Last week SABMiller made an offer to buy Heineken that was quickly rejected. Now there's talk that Inbev may buy SABMiller. But SABMiller may want to look at other options like merging with DEO. I am very happy holding MO and DEO.
The economy minister says it's time to call a spade a spade
@@@@@(Reuters) - Russian Economy Minister Alexei Ulyukayev said on Saturday that bankruptcy was the most likely scenario for the over-indebted steelmaker Mechel . "It is very difficult to suggest any other reasonable solution. We should probably admit the fact - if a company is bankrupt, it should be legally acknowledged," Ulyukayev told reporters. Russian officials have been looking at ways of helping Mechel, which has debts of $8.6 billion and 70,000 workers, for months, including the sale of a railroad to the company's Elga coal mine in Russia's far east to state Russian Railways. Ulyukayev said there were was no money to finance the buyout of the railroad, adding there probably was no other way than to declare Mechel bankrupt. "It is a high risk for the banks, of course, they will write off reserves but there is no other way. I think we will have to go this way," Ulyukayev told reporters on the sidelines of an economic forum in the Black Sea resort of Sochi. Mechel itself is considering selling its core assets for between $2 billion and $3 billion over two or three years and wants its main creditor banks - VTB, Sberbank and Gazprombank - to restructure its debt. Andrei Kostin, the chief executive of VTB, said on Friday that debt restructuring would not help Mechel in the long term and that VTB would have to take legal action to recover debts from the ailing miner after its proposal to convert part of Mechel's debt into shares was rejected.
Wow I just checked out Tibco's website... they are light-years ahead of DWCH in terms of driving online sales. Not entirely sure what a prosumer is and why they need big data analysis tools though. Makes me wonder... are all these data visualisation tools basically targeted at dummies who don't really know how to use Excel?
You can go to scrapyard and pick up a car for real cheap. Then you can spend money fix it up and sell it for a profit, or maybe you discover it's unfixable so it's actually worth nothing. Maybe YHOO ex-alibaba is just a piece of unfixable worthless junk.
Yeah ok I got it now. I assumed the Sept vs Jan increase in CAN prices in your table was due to FX since WTI prices were flat for those two specific months, but I checked and the USDCAN FX barely budged either so that's obviously incorrect.
Reason I checked the hedged production was to see if it was in CAN or USD (since locking in at USD would make it sensitive to FX). But it is locked in at CAN prices which makes more sense since as you indicated, accounting is in CAN.
So how is it that the prices you listed have moved up so much with basically flat USD oil prices and neutral FX? I know the WCS-WTI differential was tightening up but doesn't that only apply to the heavy oil grades?
PS: I mistakenly posted under my autofocus111 ID.
---the loans are backed by almost nothing----
Are you saying much of the debt issued by the three Russian banks was unsecured by any hard assets? I find that very hard to believe. I thought Igor pledged shares to make up for the loss in value of those hard assets.
---he took them back, leaving the loans unprotected. this why they suing him in court to seize his shares.---
I wonder how Igor managed to 'unpledge' his shares without approval from the debt holders? Did he break into a safe at the banks and take the share certificates?
Yes the whole sector is down so what? Yes MM are highly likely delta-neutral so what?
The traders taking the other side may or may not be hedged. No one knows that except those with the associated positions. And why is VALE glued to 12 today? You think that has nothing to do with the large put OI at 12 strike?
You forgot nickel. Last I checked it generated ~10% of profits last quarter. Anyway, I started a long position today with ITM leaps calls.
A pittance? 50K contracts corresponds to 5M shares which is roughly 25% of the ave traded volume. That's significant imo. What the strategies behind these options positions are no one except those who traded them knows.
Huh? It most certainly is quadruple witching date today and market action is factoring this in.
And I don't know about all the stuff the original poster claimed, but VALE price is evidently being pinned at 12 because of the large OI at this strike price on the put options expiring today.
Uh, seriously, how much met coal does Middle East and Africa use again? Like an upgrade over there matters in the big picture.
@@@@@Goldman Sachs analyst Neil Mehta and team don’t think coal prices are close to bottom yet. They believe met coal could fall to $120 a metric ton during the fourth quarter of 2014