Supposedly, Kinder Morgan is investing in new ethanol production as a result of increased gas usage. Gas prices are low due to supply, not demand and higher gas volumes mean higher ethanol usages. Overall, it has to be a real plus for TNH and other corn fertilizer producers.
I agree with you.......wow........some companies are in the business of issuing stock and when XONE announced the issuance of new shares, I was disappointed as I figured they were just finding new buyers for their stock. For the CEO to be the one buying the shares is really unheard of. Stock should be up big tomorrow.
Hooley's a member at 3 expensive golf courses.......State St is probably picking up the tab. Job performance has really sucked. Wished I had sold at 80 and now the stock has lost almost half its value.
I agree.......one thing about a small paper company is that the earnings reports are clearly stated and there is no smoke and mirrors. If one of their production lines is down for a month then the sales and earnings will be off but it sounds like they are selling a lot of paper.
It seems to me that sales are down slightly due to factors beyond their control. Mild winters really impact coat sales and no amount of promotions or sales will offset that. Christmas sales are going down in a macro level as shoppers no longer go nuts on the holidays. Seems dumb to sell for $43 when a few weeks ago, people were thinking of a buyout at $70 a share.
Of course, when JC Penney eliminated coupons, they also eliminated customers. My guess is that management who already said they would looking into going private will go ahead with the plans now that shares have sold off 15%.
I wish Netflix would release data on how many times users log into Netflix and end up not watching anything. Most of the time, I try to find something and never find a show I want to watch.
After a while, it is frustrating trying to find something that is actually watchable. Their content is terrible.
This can't be real good news........this guy seemed like the right person for Sparton. He sure brought some life to a really stagnating company a few years ago.
Naturally, any normal shareholder is disappointed with Cary Wood's resignation. He probably has some other options and will do fine but I wish he had stayed at Sparton. Glad to hear that Ross Taylor's 16 year old daughter could do a better job of running the company. With Wood, Sparton was really on the right track. The only hope now is that some defense contractor will buy them out.
Sparton was a $30 stock last year........the great Ross Taylor should have sold back then. Small manufacturing companies are being hurt with the lousy stock market. Frankly, a diversified company makes more sense than a sono-buoy only company.
These so-called activists investors are no different than that drug company jerk raising the price of generic drugs. They want a 25% bump up in the stock price and if a thousand people lose jobs then no big deal.