Draghi is trying to weaken the Euro to stimulate the European economy.
This is what they said, i.e. no timing promised: "Marvell intends to issue a press release subsequently about its rescheduled earnings date."
Open-market or private purchases are generally quick and easy ways for an issuer to buy back significant amounts of bonds at current trading prices. Other than complying with the antifraud provisions of the federal securities laws, these transactions are not generally subject to SEC review.
It's the quiet period prior to release!! The "sign" is that they are following proper procedure!
Why/how would a CEO's comment (presumably a conference call?) be edited out of a transcript, and how would you have come to know about this?
I'm just an accountant but I personally would rely on the cash flow statement for those details.
The cash flow statement shows cash declining by $51,221,000.
...monetizations from our balance sheet could provide for future distributions in excess of $2 per share to our investors.
...the embedded value in our funds and in our balance sheet continues to be significant. Even with significant realizations this year our gross undistributed incentive income remains in excess of $1 billion and our balance sheet value remains robust at nearly $3 a share.
And when you look at companies that manage very long-term streams of assets like this they tend to trade at very high PEs, EBITDA multiples 12, 14, 15-plus times PE multiples of 20-plus times. So obviously when we trade at net of our balance sheet at a four times earnings multiple we think there is a tremendous amount of growth in front of us if we can just hit the numbers that we (technical difficulty).
Citi Research analyst Stefan Nedialkov wrote in a note that the company’s expectations for the future held some worries. “Some parts of the guidance given were worse than expected, while others were better. On balance, we believe, the negatives (charges of different nature across the geographies, lower Spanish loan growth and Spain NIM pressure) marginally offset the positives (improving asset quality across many geographies),” he wrote.