Both look interesting, but I have to wonder how ITYBY is going to grow in USA after they integrate the brands they acquire from the RAI-LO merger. There are not many opportunities to expand further.... maybe VGR? For BTI the path is clear... eventually they can buy out RAILO.
I definitely want to invest the cash proceeds from the LO takeover in the tobacco biz, but I prefer to keep the risk spread out across multiple companies. From that perspective, BTI, ITYBY, and VGR all fit the bill ( I currently hold shares in MO, RAI, and LO).
RAI has had a very strong runup leading into the merger, so the expected benefits may already be largely priced into it. Buying BTI would offer some risk reduction but still keep me indirectly invested in the RAILO story and the jewel of the LO business - Newport Menthol. I don't get that with ITYBY or VGR. Decisions, decisions....
The OP is correct. Prices at HDI are irrelevant. Lumber futures have been steadily declining and are down roughly 15% in the last few months. Log prices are also trending down. Not very good news for WY in the near term.
@Because of lower demand for wood and high log inventories in China, the country reduced its log imports towards the end of 2014 with import volumes in the 4Q/14 being at their lowest levels in almost two years. The biggest year-over-year declines were seen in the importation of logs from New Zealand and the US, while Russian import volumes have been fairly stable the past three years.
Not only have the log volumes arriving to China declined this fall, so have the costs of the imported logs, which were seven percent lower, in US dollar terms, in the 4Q/14 as compared to the same quarter in 2013, reports the WRQ. Prices for radiata pine from New Zealand and hemlock from the US fell more than ten percent year-over-year, while Russian log prices remained practically unchanged. Russia, New Zealand and Australia continue to be the low-cost softwood log suppliers to China.
@Sawlog prices fell throughout much of North America during the 3Q/14 because of reduced lumber production and slowing log exports to Asia, according to the North American Wood Fiber Review Lower lumber production and slowing log exports to Asia resulted in generally lower sawlog prices in both the US and Canada in the 3Q/14, according to the North American Wood Fiber Review. The biggest price declines were seen in the US South and in the Interior of British Columbia, where prices were down 3-10% from the 2Q/14.
Saying it has an oled screen doesn't cut it. Neither does saying it's a p-oled screen. He needs to say the display uses pholed technology. What are the odds he says that? Yeah... I thought so.
@@@@@LONDON, 16th February 2015 —LG Electronics (LG) will unveil its first all-metal luxury Android Wear device, LG Watch Urbane, at Mobile World Congress (MWC) 2015. he LG Watch Urbane follows closely in the footsteps ofthe LG Watch R, the first smartwatch with a full circular Plastic OLED (P-OLED) display, which LG launched in October 2014. The LG Watch Urbane is crafted around the same 1.3-inch full circle P-OLED display as the LG Watch R but features a narrower bezel that gives it sleeker lines.
And yet, as I have stated on numerous occasions, I am not a banker, just a simple individual investor... go figure huh. You OTOH are definitely a religious zealot and/or alien cult follower, fan of conspiracy theory, and above all a Loony! Life is rich....
Well, now that they've done this large new round of financing - shares and debt - there is NO excuse to break the company into large pieces, and I doubt that is going to happen. That kind of move will certainly result in class-action suits and close government and even police scrutiny, as attested to by the events surrounding SNC.TO. If they do decide to divest a major division like trains or private jets, then the proper way to do that would be through a spin-off to current shareholders.
Yes that's what it means. But then why did BBD put out a new debt offering if they plan to divest assets to reduce debt? And why oh why did they do secondary share and debt offerings before the CS300 first flight? Surely waiting until after that occured would have gotten them better terms. This silliness has to stop.
Well, as the dividend_man you should know better! All kidding aside, I found that out when I first started buying shares in various EU companies.
UK seems to be very oriented at attracting corporations and investors. Look at all the recent tax-inversion attempts by USA companies to move to Ireland for example... ABBV-SHPG comes to mind.
Anyway, I am thinking what to do with the proceeds from LO when they buyout closes... was originally thinking VGR but now leaning towards BTI.
First they bought DUK Ohio assets. Now maybe AEP's. I suppose FE could follow after that.
@@@@@State regulators last week rejected AEP Ohio's proposal to guarantee the Columbus utility a profit on its share of a coal-fired power plant. The amount of power in that proposal was relatively small, but AEP and Akron-based FirstEnergy Corp. (NYSE:FE) have similar proposals for more plants that will be impacted by the decision. The Public Utilities Commission of Ohio ruled that such agreements are legal but AEP's specific proposal was not beneficial for ratepayers. That leaves the door open for future plans, but such proposals would have to show a better benefit for customers. AEP Ohio said it is evaluating the decision "and considering how to address those newly disclosed factors," spokeswoman Terri Flora said in an email.
"We have not made a decision about the future of our competitive generation assets," AEP spokeswoman Melissa McHenry said. "We are still evaluating strategic options and aren't going to speculate."
And yet SHPG is down quite a bit the last couple of days. Maybe some funds are taking end of month profits?
@@@@@SAINT HELIER (Alliance News) - Shire PLC on Monday said it has submitted a New Drug Application or NDA with the US Food and Drug Administration for its investigational compound Lifitegrast for the treatment of signs and symptoms of dry eye disease in adults. The company noted that the NDA submission is supported by the totality of evidence from four clinical trials with more than 1,800 patients. These included one Phase 2 study, two Phase 3 efficacy and safety studies, and one long-term Phase 3 safety study. Lifitegrast is a novel small-molecule integrin inhibitor. It binds to the integrin LFA-1 or lymphocyte function-associated antigen-1, a cell surface protein found on leukocytes, and blocks the interaction of LFA-1 with its cognate ligand ICAM-1 or intercellular adhesion molecule-1. Dry eye is a multifactorial disease of the tears and ocular surface that results in symptoms of discomfort, visual disturbance, and tear film instability with potential damage to the ocular surface. It is accompanied by increased osmolarity of the tear film and inflammation of the ocular surface.
Bulls are more like wolves in sheep's clothing. Bears are the real sheep these days it seems...all flocking together on the SPY board for comfort.
We can't terminate that warmonger but I'm sure the KGB can. That running list you and 'Your Father' have going there sounds like a great new plot for a movie series (ala Star Wars). And just about as much based in any reality. I told you... stop taking the RED pills.
So it turns out LG and Samsung will be supplying the oled screens for APPL's watch.
@@@@@(Reuters) - South Korea's LG Display Co Ltd and the display-making subsidiary of Samsung Electronics Co Ltd will supply screens for Apple Inc's smartwatches, The Electronic Times reported on Monday.The report, which cited unidentified industry sources, said LG Display will be the sole supplier of organic light-emitting diode (OLED) screens for the Apple watches that go on sale in April. Samsung Display will also become a supplier for the next version of the smartwatch that is expected to go on sale either sometime in the second half of this year or early 2016, the South Korean newspaper said
Incorrect. There is no withholding tax on dividends.
@@@@A few countries do not charge any taxes on dividends paid to foreign investors. So foreign investors receive the entire dividends paid by companies based in those countries. For example, the U.K. charges no taxes on dividends paid by British companies (excluding REITS) to U.S. investors.
A suitable response to neutralize the effect would be to terminate Senator McCain and incite peace protests here in the Land of the Free.
You wouldn't recognize a rainbow or ray of sunshine if it smacked you across the head. Not my problem you choose to live in PermaDoom while the world passes you by.