Post on they board? My guess is yes
Allegheny Technologies Inc. (NYSE:ATI) keeps its position active in street, shares closed at $11.56 with plunge of -18.42%. Moody’s Investors Service reported that Allegheny Technologies Incorporated’s (ATI) B2 Corporate Family Rating, negative outlook) proposed issuance of convertible notes has no impact on ATI’s rating. Proceeds will be used for general corporate purposes, which may include contributions to the defined benefit pension trust or repurchases, repayment or refinancing of debt.
This transaction is largely viewed as neutral as Moody’s standard adjustments include recording as debt underfunded pension obligations and recognizing imputed interest expense.
Maybe he should have specified that they meet capital requirements today and that the capital requirements are increasing but they'll be able to meet those increased requirements?
May 4 Deutsche Bank CFO says
* Is easily achievable to generate more than 6 billion eur in cet1 capital over next 3 years to meet bank rules
* So far no visibility what the bank's requirements on minimum own funds, eligible liabilities (mrel) will be Further company coverage:
on the rate rigging lawsuit
Under the settlement, payments would include $52 million from JPMorgan; $50 million each from Bank of America, Credit Suisse, Deutsche Bank and RBS; $42 million from Citigroup and $30 million from Barclays.
I'm sure these shorts don't like it
Throughout my career, the best investments have been in stocks that are seemingly repulsive to most market participants, often due to some recent problems or stigma. These perceptions often lead to the stock being available at a price that is far cheaper than what would be reasonable in just about any "worst case" scenario, offering an ample margin of safety and extremely attractive upside potential. When an investment is so obviously cheap and misunderstood that I can't fathom a way that I'll lose money, I buy very big and am willing to take a very long-term perspective. Such an opportunity exists today in Deutsche Bank (DB), which has been hit by hurricane-like headwinds and now reflects a price that is...
You're like the guy who shows up to the party dressed in 20 year old clothes after everyone has gone home. And then standing there talking to yourself
You didn't cover anything you fool. Like someone said it was a 200 share bad print. The next trade was for a penny more than the close. A non-event. What's your deal?
Aka 35% of tangible book. Hang in there, there's a lot of negatively being spewed but the shorts continue to fight a long term losing battle. I've been investing in banks for a long time, tangible book value always wins.
in Europe or the US. Ridiculous