Never go long solar stocks, epically JKS the biggest pos of all Solar companies. Well trade under $15 by years end.
Come on #$%$ buckets, I thought u said it's going to ZERO & you can't get it to go down a $1 LOl.... What fools
BofA/Merrill Lynch maintained an Underperform rating on Netflix (NASDAQ: NFLX) but bumped its price target to $294.00 (from $246.00) following Q2 results.maintained an Underperform rating on Netflix (NASDAQ: NFLX) but bumped its price target to $294.00 (from $246.00) following Q2 results.
Netflix offers light EPS guidance, but strong subscriber figures
Netflix (NASDAQ:NFLX) expects Q3 EPS of $0.89, below a $1.06 consensus.
570K U.S. streaming subs were added in Q2, above guidance of 520K. 1.12M international subs were added, above guidance of 940K. The U.S. and international bases respectively stood at 36.2M and 13.8M at quarter's end. The DVD base fell by 391K to 6.3M.
Netflix expects to add 1.33M U.S. subs in Q3, and 2.36M international subs.
Q2 free cash flow was $16M vs. $8M in Q1 and $13M a year ago. Domestic streaming contribution profit rose to $227M from $151M a year ago (margin of 27.1%), and international streaming contribution loss fell to $15M from $66M (margin of -5%).
Streaming content obligations total $7.7B, up from $7.1B at the end of Q1 and $6.4B a year ago.
ARPU is expected to "rise slowly" thanks to price hikes for new members. Netflix will launch in Germany, France, Austria, Switzerland, Belgium, and Luxembourg in September
And Ackman calls this a scam? Really? One desperate short, but he might get lucky in get out of is short position with out losing all of $1B bet.
Seagate narrows AH losses after providing guidance
At one point down over 4% AH due to its FQ4 revenue miss, Seagate (NASDAQ:STX) is down just 0.7% after guiding on its CC for FQ1 revenue of at least $3.55B. That's slightly better than a $3.54B consensus.
Seagate estimates the total addressable market (TAM) for hard drives was 133M-136M units in FQ4, roughly in-line with guidance. The company estimates its share slipped to ~39% from 40% in FQ3 and a year ago. Average drive capacity +3% Q/Q and +11% Y/Y to 945GB.
FQ4 gross margin was 28.5%, flat Q/Q and +50 bps Y/Y. Opex +10% Y/Y to $509M. Just $26M was spent on buybacks.
Enterprise drive shipments (higher-margin) -10% Y/Y to 7.4M. Desktop drives -2% to 18.6M, notebooks +4% to 16.8M, consumer electronics -16% to 5.1M, branded drives (also high-margin) flat at 4.8M.
Free cash flow was $446M in FQ4, and $2B in FY14.
First is getting FTC approval, which well take time & there's no guarantee that they well approve this deal. Second is time, 6 to 12 months to get this deal done? Way to long, & the shorts know this & well drive this stock down. Third getting RAI share holder approval. Even though BTA owns 42% they still need to get the 51% plus to get it through. I see Lo trading around $57 to $59 for the next 3 to 6 months before you see any move up. Glta...
I'm a moron? Your the smuck who bought at $63 could of sold at $69, & now LO sits at $60. So who's the smuck? But then again you really only have 100 shares. Keep drinking the cool aide fool!
What the hell buy another 10,000 shares , that way your average will come down, beside what's another "$600,000 among bullshiters
Looks like a great short to $30 on this horrible news.
Lannett Company, Inc. (NYSE: LCI) today announced that it has received interrogatories and subpoena from the State of Connecticut Office of the Attorney General concerning its investigation into pricing of digoxin. According to the subpoena, the Connecticut Attorney General is investigating whether anyone engaged in any activities that resulted in (a) fixing, maintaining or controlling prices of digoxin or (b) allocating and dividing customers or territories relating to the sale of digoxin in violation of Connecticut antitrust law. The Company maintains that it acted in compliance with all applicable laws and regulations and intends to cooperate with the Connecticut Attorney General’s investigation.
Where there smoke, there fire!
Reynolds American (NYSE: RAI) deal to acquire Lorillard (NYSE: LO) has a $740 million termination fee, according to SEC filings