Samsung Electronics exits fibre optics amid sharper focus on reviving smartphones
* US glass maker Corning buys business, terms not disclosed
SEOUL, Dec 2 (Reuters) - Samsung Electronics Co Ltd agreed to sell its fibre optics operations to U.S. specialty glass maker Corning Inc, exiting another non-core business to focus on shoring up underperforming key areas like smartphones.
Terms of the sale, including plants in China and South Korea, weren't disclosed. Announced by both parties on Tuesday, the South Korean firm's second exit from a business line this quarter comes as it braces for its lowest annual profit in three years, squeezed by stiff competition
airline agrees to 3rd airport
so they did the pilot and an additional airport, now agree to a 3rd airport. With oil so low, they should do all their hubs now. That $7M+ will be fully realized
umm, it is producing now genius. that's the whole point, it survived 2 years not producing, taking the share price hit, and now is back
The other stuff you said to buy is down 2X or 3X more than this. Why would you follow a stock for 2 years and do nothing? Give it up & MOVE ON. you obviously don't have the stones for stuff like this
Nov finished with 155,699 coins, 4K more than last year.
Through 2 months coins are down almost 40K, cards are up 10K.
So the shortfall is not as bad as feared but there is no growth. PE is high for no growth. On days when US is closed, it does not appear China submissions are growing either.
I will have preliminary numbers on the 21st
You would think trucking and airlines would be flush with cash right now and would use that money to lower costs even further while they have the money.
I suppose it hurts the car rental model, so again, rental car seems dead.
tell me what happens to Hertz and Avis once interest rates go up. You will soon see how over levered they are.
there is a negative seeking alpha article a couple of days old. I think it is holiday, half day, light trading only. I did sell out the other day at $6.50 not for any reason other than I made some fast money and I didn't see a near term catalyst that would propel the stock. I would buy back in at a lower price. I think SkyWave is a good deal.
all-time high hit. Stock has really made a run since CDK distribution. Heard from a friend that employee 401Ks will no longer be allowed to invest in ADP come January and must sell all ADP by July. Why would they do that? Pretty stupid if you ask me. How many millions of shares will have to be sold in the next 7 months?
They no longer allow investing in CDK now and that also must be sold by July. I doubt CDK employees have this same restriction
but today is the last working day and they might close early today. There was a large amount of crossovers this month as well, over 7K. They typically have higher avg ticket prices. Still looks like this qtr will be less than last years 488K coins. Oct saw 127K coin certs
I don't understand what you are asking. Secondaries are always priced at a discount. If you were buying a huge block of shares, wouldn't you want a discount? The value of the company has increased because of SkyWave. Good synergies, little overlap