----there may be risk of UDC suffering margin pressure----
This is what has bothered me most about this company's business strategy. As the monopoly supplier of emitters, I fail to understand why UDC gave both SD and LG volume discounts. It runs counter to all logic given their position.
SHPG vote also set for this date. Expect the deal to close quickly on approval..
@ Further to the announcement made on 11 January 2016 of the proposed combination of Shire with Baxalta Incorporated, Shire announces that the UK Listing Authority has approved a Class 1 Circular and a Prospectus in relation to the Proposed Merger dated 18 April 2016. The Circular contains a notice of general meeting of Shire to vote on the resolutions required to approve and implement the Proposed Merger and related matters. The General Meeting will be held at 8 a.m. on 27 May 2016 at The Merrion Hotel, Merrion Street Upper, Dublin 2, Ireland.
Let me re-phrase... it's impossible for SA to increase oil production by 1 mm bbls/day in a year from now, let alone 'immediately'.
It seems that Chuck has managed to convince the BOD that the big miss was due to ERP system implementation and that growth is coming. Even if common shareholders scream 'off with his head' at the top of their voice, it appears that he will live on to see another quarter end at CREE. Pathetic.
The Fukushima event will continue to cast a huge shadows over the use of nuclear power in Japan for decades to come. I fear the damage to this industry will be irreversible in that country, and each successive earthquake will drive nuclear deep into its grave there . It never made sense to me to build these plants in a region so highly prone to earthquakes anyway. Now with abundant natgas, and wind and solar technology maturing, citizens will surely maintain pressure on government to develop alternate sources of energy.
@A magnitude-7.1 earthquake has hit Japan near the city of Kumamoto on the island of Kyushu, the Japan Meteorological Agency reported. Tsunami warnings have been briefly issued. The epicenter of the quake, which struck in the early hours of Saturday, was located at a shallow depth of 10 kilometers, near the area where a 6.5 earthquake struck on Thursday."Tsunami warnings or advisories are currently in effect," Japan Meteorological Agency said.The Sendai Nuclear Power plant, the only operational nuclear power facility in Japan, is located in the region. No irregularities have been reported at its two reactors following the Thursday tremor, NHK reported citing officials.
With a new CEO, I expect there will be some new developments in fairly short order to 'make his mark'.
Has SNHY ever been approached by a suitor? It would not surprise me to see the company get bought out. I was concerned that might happen near a bottom like when the share price fell into the mid-20's early this year... glad it has recovered.
If the federal government wants to support BBD then they should allow 'jets' at Billy Bishop so Porter can proceed with their CS order. Orders will drive the stock price up and enable BBD to obtain new capital.via secondary share offerings at more reasonable valuations.
@Bombardier Inc. rejected an initial investment proposal from the Canadian government to shore up the struggling planemaker’s finances as the two sides remain at odds over corporate governance and other issues, according to people familiar with the talks. The federal government seeks a more favorable deal than the one struck by the province of Quebec to support the C Series jet program at the Montreal-based company, officials said, speaking on condition of anonymity as talks continue. Barring a major breakthrough, a deal before Bombardier’s annual meeting on April 29 is unlikely, the officials said.
I wouldn't hold my breath hoping to get shares on that price drop. I just checked Nasdaq AH. The trades were all within a dime of the close except the last one for exactly ONE share that crossed at 38.44.
I figure they will use that cash to pay down debt rather than pay out a special dividend.
They set the date for shareholders to vote on the merger with SHPG.
@3:02 pm Baxalta schedules Special Meeting of Stockholders to vote on combination with Shire (SHPG) on May 27 (BXLT) : (for shareholders of record as of the close of business on April 11, 2016)
On the LSE, BATS.L already broke out last week. Last trade at 4210 GBp. Recent analyst targets range between 4400-4700 GBp. The Brexit vote in June could have a large impact on USD-GBP FX and consequently the stock price. The day BTI announces a takeover bid on RAI I will sell my BTI and buy RAI to capture the arb discount.
GILD stalled at the Fib 23.6% retrace marked by the 2012-2015 bull run. If it breaks through I figure it'll fill the gap at start of 2016 and test the 200 day SMA at ~101. Need a strong earnings report after that though.,
I don't see the point of selling now. Orders will push the stock price up. A RS will merely reduce the overall percent gain going forward IMO.
Delta deal and Fed capital injection are critical to secure the future of CS. If that happens then BBD should hold off on a RS or any secondary offering until at least end of 2016. During that period oil could stage a steady recovery from here to 60+ and that will drive CS order momentum and push the stock price up.
BBD has always been a quite minor holding for me, and I never sold it since I was confident the CS would come to market. I levered up with 2018 1.50 strike leaps calls when BBD went sub-2 to effectively double my holdings.
I see the impact of a RS not in terms of weakening the stock price further (the stock is already beat up so badly I can't see downside from here), but rather it will probably cap the percent upside. For example, without a 10:1 split, I think 7.50 is possible in 2 years. That would mean a 500% gain. With a 10:1 split or 15 stock price, I doubt you would see an equivalent percent move to 75 in that time. That's my feeling at least. I could be wrong.