Why does this #$%$ have to happen to the good guys? And the #$%$ guy still plans to do a tour with the band this summer before he dies. How selfless can you get.
@News that Tragically Hip frontman Gord Downie has been diagnosed with a terminal form of brain cancer has elicited a sea of support from fans across the country and around the world.
On the contrary, I think there is significant value in communication formats that are transient in nature. It is the opposite of the current state of internet-based communications, where practically everything you do or post is archived for eternity. Many people end up paying severe consequences for material they post on the web. For example all your idiotic comments will be here on the SPY board for everyone to see forever.
You seem to lack basic comprehension skills so instead of continuing this pointless debate, I think I'll wait for someone else to to wander onto this message board, read though this discussion, and weigh in on who has presented a logical viewpoint here.
Indeed. The new rules favour Big Tobacco over vaping startups. RAI, MO, and ITYBY will dominate e-cigs, and if consumers reject e-cigs then they will fall back to conventional cigarettes. It's a win-win scenario.
Big moves like this are surely attracting daytraders, so expect high volatility in the near term. GS said 75 so it would not surprise me if Thy Will Be Done.
FELP shareholders are apparently thrilled at the prospect of a 75% dilution. Another extension to get the remaining debtholders on side.... July 15.
� Holders of the Notes who are not affiliates of the Partnership, Reserves (as defined below) or Reserves Investor Group (as defined below) will exchange their Notes, through an exchange offer by the Partnership (the "Exchange Offer"), for: (i) between $114 and $120 million aggregate principal amount of second-lien senior convertible PIK notes (the "New Convertible PIK Notes") (with a maturity date of April 7, 2017 and a 15.0% per annum PIK coupon), which may be redeemed or purchased: (a) at the Partnership's option by or on behalf of the Partnership; (b) at the option of Murray Energy Corporation ("Murray"), by or on behalf of Murray; or (c) some combination of the purchase/redemption options described in clauses (a) and (b) that results in the entire purchase or redemption of the New Convertible PIK Notes (clauses (a), (b) and (c) being referred to as the "Note Redemption"). The New Convertible PIK Notes, if not redeemed or purchased under a Note Redemption, will convert into common units of FELP (the "Common Units") representing 75% of the total outstanding units of FELP (including Common Units and subordinated units) on April 7, 2017;
Extension of Notes Forbearance Agreement: On May 20, 2016, the Partnership entered into an agreement with certain holders of the Notes to extend the term of the existing forbearance agreement that was entered into on December 18, 2015. As a result of the extension, the forbearance period now runs through July 15, 2016, unless further extended by the noteholders in their sole discretion or unless earlier terminated in accordance with its terms.
I never owned BAX. That offer to convert BAX to BXLT seemed pretty appealing though for a quick profit. I am a long-time SHPG shareholder. I only bought BXLT shares (and sold some SHPG) to capture the arb spread. I will be very happy to get my SHPG shares back at a discount when the deal closes.
1) If it isn't a big difference why does TEX continue to demand more instead of shaking hands on 31?
2) No it's not. A 50% premium is huge. It's designed to dissuade any other potential bidders from stepping up. This is a clear indication that Zoomlion is very serious and wants a deal, not just contemplating one. Otherwise they would have offered far less to begin with.
2) You have it bakkazz backwards. It's not Zoomlion that does not want it or in any way lacks the financial backing to do it. It's TEX management that is concerned about deal financing falling through. Hence the hesitaion by TEX. So Zoom probably told them we'll do a smaller deal if that assuages your concerns.
Nice try shortie, but no cigar.
1) TEX was demanding 32.50 which is more than Zoomlion was prepared to offer. I'm sure if TEX said 31 was good a binding offer would have emerged.
2) I believe Zoomlion is committed to buying TEX otherwise why would they have signaled they were ready to pay 31 which was ~50% premium to TEX stock price before the rumours broke out. That is a big fat premium designed to get the deal done. TEX management hummed and hawed at it then said 32.5... go figure.
3) Probably because Zoomlion told them they prefer to buy the entire company, but would buy TEX ex-MHPS if that would make TEX more confident a deal would close. I think TEX is concerned about Zoomlion's ability to raise funds to buy the entire company.
Did you know that IKEA is owned by one of the largest charitable foundations in the world?
@The Stichting INGKA Foundation is a Dutch foundation founded in 1982 by Ingvar Kamprad, the Swedish billionaire, who is the founder of IKEA. INGKA is one of the largest charitable foundations in the world and used to be one of the largest nonprofit organization in the world. The foundation owns the private Dutch company INGKA Holding, based in Leiden, which is the holding company that controls 315 of the 360 outlets of IKEA
I am not concerned about this too much. The plane is only slated to start flight tests beginning of 2017 reaching certification by 2018. BBD should have plenty of new orders by then. Sanctions will act in both directions... likely blocking sales into Russia but also ruling out Russian sales to those countries int he world who maintain sanctions against Russia. IMO sanctions don't do anyone any good.
PS: Not sure where you got your number from. It was actually 860M not 798M. Given that the average purchase price was 27.50, I would assume that will be a floor on the stock price going forward, given that there is still ~65% of the buyback allocation remaining.
@At the end of the first quarter, we had repurchased approximately $860 million, or 35% of our authorization at an average price of $27.49 per share
----Most charities are scams----
Get a load of this one. Scams indeed.
@Medicare prohibits the use of copay cards whereby pharma companies provide coupons for patients to cover the cost of their copays. In order to assist patients in affording these high costs, biopharma companies frequently donate to charities which in turn provide copay assistance for patients. While essentially accomplishing the same thing as copay cards, the arms-length transaction and independence of the non-profit charities effectively circumvent the rules.
Sorry, but I don't view this message board as a representative sample of the general population.
You have told me nothing I do not already know. I stand by my original comments. I suggest you sell the stock if you are not satisfied with their performance.
Why wouldn't their primary reporting be held to Russian regulations? It's a Russian company. You don't like it.then shove off.
OGZPY is paying out more than half of their profits and yet you complain about it. sheesh.