We'll see if another one of your predictions falls flat. Looks like the market will open higher or flat. I'll wait till the end of the day to see if you are right about a market crash today but I doubt your judgment.
Exclusive: China's Tsinghua Unigroup to invest $47 billion to build chip empire
Reuters By Paul Carsten and Yimou Lee
By Paul Carsten and Yimou Lee
BEIJING/HONG KONG (Reuters) - China's Tsinghua Unigroup Ltd plans to invest 300 billion yuan ($47 billion) over the next five years in a bid to become the world's third-biggest chipmaker, the chairman of the state-backed technology conglomerate said on Monday.
Chairman Zhao Weiguo also told Reuters in an interview in Beijing that the company controlled by Tsinghua University, which counts President Xi Jinping among its alumni, was in talks with a U.S.-based company involved in the chip industry.
A deal could be finalised as early as the end of this month, he said. He declined to give more details but said buying a majority stake was unlikely as it was too "sensitive" for the U.S. government.
"If you can't be the top-three giant, it will be very hard to develop your business in the chip industry," Zhao said, citing reports that China imported more chips than crude oil every year.
"The next five years is key... There is an enormous market out there."
Currently, Qualcomm Inc holds the No.3 position in the global chip rankings, behind Samsung Electronics Co Ltd and market leader Intel Corp , which has a market capitalization of $151.5 billion.
The sheer size of Tsinghua Unigroup's planned investments is almost equal to Intel's $50 billion chip revenue last year and could disrupt the NAND chip industry. The top five chipmakers control more than 90 percent of the global NAND chip market after years of boom-and-bust squeezed out smaller players.
Tsinghua Unigroup's investment drive comes after a two-year deal-making campaign to bolster China's fledgling chip industry, seen as a strategic priority for the Chinese government.
Beijing is keen to end China's reliance on foreign semiconductors as it seeks to build a modern, digitized armed forces capable of matching other advanced militaries.
It has also attached strate
Actually, Nuedexta by AVNR was not easy to test and subject to a placebo effect not present in cancer. Also, the Friday Nudexta was approved, AVNR stock dropped like a rock all the way town to $1.31 a share before closing after hours at $5.80 or something after approval was announced after hours. Of course I think you are talking about the Alzheimers indication and those Phase II results. By then the company already had an approved drug, was generating revenue and was in negotiations to be bought out: so your comparison is not applicable here.
Want to make a $10,000 bet that LL will hit $20 per share before single digits? I am on the $20 side of the bet. Your response here may disclose whether or not you are champagne Bert!
Brokerage Recommendation Changes: Details
Symbol Brokerage Firm Change From To Recommendations
THLD Friedman Up No Rating Strong Buy Details
Too funny fool. Now that I know you are such a big hitter making $4,000 trades I am sure to follow your sage advice. I won't use your stock board cliche and call you a rookie, nut I think Small Timer is more appropriate. Really? Four grand that's all you can risk.
Nice move on SPCB Fool. You are down 10% in one day on your great investment idea. You still want people to take your investment advice seriously Fool?
The conclusion of the ratings withdrawal is simple. The rating agencies can't continue to confirm the rating of the debt of a company that has not produced audited financial statements for them to rely on. Simple. No downgrade just a withdrawal. Again, they do not have the information needed to confirm or downgrade so the rating is merely withdrawn.
I added to my position on Thursday as well. My take on Armistice is they didn't get their way so they took their ball and went home. I think once that smoke clears, SPPI starts moving higher again moving towards the imminent FDA decision.
You might go back and check your own posting history. Not only did you admit you were Bert but posted you were short Avanir posting as Zack. I also find that the true "doofus" posters are ones who feel the need to tell us they made a "fortune" on a trade which is exactly what Tradestoxx/Congo would do so I guess you are in good company Bert.
"NQ Mobile Share Repurchase
As previously announced, on December 23, 2014, the Board authorized the Company to repurchase up to $80 million of its shares on the open market, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulation, over the next 12 months. To date, NQ Mobile has repurchased $12.6 million worth of shares on the open market, or a total of approximately 2.9 million ADSs. As of August 26, 2015, $67.4 million remains available for further repurchases under the $80 million authorized share repurchase program.
"the Company, along with the other existing shareholders of FL Mobile Inc. (the "Existing FL Shareholders"), have agreed to sell to Beijing Jinxing the entire stake in FL Mobile Inc. that they currently hold for no less than RMB 4 billion (or approximately no less than US $626 million), with the final price being subject to the valuation of an independent third party valuer. "
"The Company and other existing shareholders of FL Mobile Inc. have agreed to sell to Beijing Jinxing the entire stake in FL Mobile Inc. that they currently hold for no less than RMB 4 billion (or approximately no less than US $626 million)."