It seems these boxes are taking too much space in their Japanese type of living room.
That is bc of currency exchange rate. The new notes are offered to overseas investors (namely ...). Also, please don't forget the terms are getting extended to 2019. So this is a 5 years commitment and as terms are extended the rates are higher.
The B2 corporate family rating reflects AMD's prospects for improved profitability, free cash flow generation, good liquidity and lower leverage over the intermediate term. AMD is targeting to grow the faster growing segments mentioned above from roughly 30% of revenue in the second half of 2013 (5% in 2012) to 40%-50% of its revenue over the next two years. Driven by design wins and strong demand for Microsoft's Xbox and Sony's PS4 gaming consoles that have multi-year product cycles, we expect revenue growth in semi-custom chips over the intermediate term. With profit margins in mid-teens, as compared to a slight loss for its legacy microprocessor business, we expect continued execution of its product roadmap will lead to better overall profitability for AMD over the intermediate term.
Wells Fargo today maintained an Outperform rating on AMD (NYSE: AMD) with a price target of $5.00 to $7.00. This morning the company announced arrival of its 32nm Richland APUs. These processors serve as the successors to AMD's line of 32nm Trinity processors, which were released in May of 2012.
Commenting on developments, analyst David Wong of Wells Fargo said, "We think it is notable that Richland represents a third generation of chips on 32nm technology, with AMD not planning to move to 28nm till later this year. . . . AMD has been bringing out some interesting new microprocessor products which
leverage is graphics expertise. In our view, the company has done a good job in
restructuring its business to reduce risk from high capital needs."
IMO..Assuming the greek banks have failed the stress test and alternatively received the tax credit benefits, DTA will allows the banks to write off the losses and clear their books. By increasing DTA from 20% to 100%, banks can clean their books at the pace they feel is required with less government interference. It is also an indication that Greece's economy is improving and Gov is trying to get out of the situation as fast as possible.
The Bank of Greece decision in favor of acknowledging the full amount of available deferred tax assets (100 percent compared with 20 percent until now) as part of the commercial lenders’ capital bases constitutes a major boost for local banks amounting to about 5 billion euros in total.
This of course is beneficial to the banks solely in terms of accounting, with the impact of the stress tests expected to be smaller while the decision also depends on the approval of the country’s creditors.
Bank officials have told Kathimerini that the total deferred tax assets, mostly concerning the great losses from the private debt restructuring (PSI), amounted to 9 billion euros, with just 4 billion of that having been included in the banks’ financial reports. Crucially for banks, the accounting boost to their capital adequacy indices takes all the systemic lenders well above the 8 percent threshold, under which funding is only conducted through the local central bank’s emergency liquidity assistance (ELA).
According to estimates by Euroxx Securities, the Core Tier I index based on pro forma data for the first nine months of 2013 stood at 15 percent for Piraeus Bank, 14.5 percent for Alpha, 13.5 percent for Eurobank and 10.1 percent for National, which has only recognized 1.6 billion euros of its deferred tax assets out of a total 4.5 billion.
Another boost to banks has come from the decline in the cost of funding, which gathered pace in the period from July to November 2013. At end-September the average interest rate for new deposits came to 1.81 percent, against 2.51 percent in May and 2.75 percent in September 2012. That means that the average interest rate of new deposits has dropped by over 34 percent within just one year.
Greece's finance ministry said Tuesday that it is on target to achieve a primary budget surplus in 2013, a key target set in the country's bailout agreements.
Deputy Finance Minister Christos Staikouras said the central government's primary surplus — which does not count the cost of paying interest on existing debt — is expected to be 691 million euros ($1.1 billion Cdn).
"After many years, and with massive sacrifices made by Greek society, the country has achieved a primary surplus," Staikouras said.
"This is a very important result that was achieved by meeting targets in revenues and exceeding them in terms of expenditures."
The primary surplus for the overall government, which includes local administrations, is expected to be 812 million euros ($1.2 billion), Staikouras said. That data will be released in about one month, while the European Union's statistics agency, Eurostat, will release its 2013 Greek budget data in April.
Greece has promised to balance its budget, before counting interest payments, in the hopes of qualifying for a debt relief deal this year.
The country has been relying on international rescue loans since 2010, when it lost access to bond markets as investors worried about its high debt.
Bailout inspectors from the European Union, European Central Bank and the International Monetary Fund are due back in Athens to review the country's finances, but a date has not yet been set.
Sentiment: Strong Buy
30 days has passed and no report. This is ridiculous.
Steinmeier praised Athens for its efforts in clearing up the crisis-stricken national finances. However, he also urged Greek lawmakers to push forward with reforms despite their current dismal approval ratings.
"The work which is being done here is not only a task for Greece but for Europe," said Social Democrat Steinmeier at the start of his visit - his first foreign trip since taking up the post in December. "I've expressed my encouragement for that [work]," he added.
Greece, which in January took over the revolving EU presidency, has spent the last years sunk in a deep financial crisis. The international community has so far ploughed €240 billion in aid into the country, including sizeable contributions from German taxpayers.
In return, creditors have demanded Greece undergo wide-ranging structural reforms.
Other EU members have expressed fears that the reform drive will be abandoned if Samaras' centre-left coalition government collapses as a result of upcoming European elections in May.
Observers have noted that Greek politics is becoming increasingly polarized, with the far-left Syriza and far-right Golden Dawn parties gaining ground in opinion polls.
Meanwhile, media reports said on Friday that Germany will soon replace its ambassador to Greece following an attack on the German embassy in Athens by unknown gunmen in December.
Diplomat Peter Schoof, known for his work improving Germany's relations with its EU neighbours, is tipped for the position, which is considered key for German foreign relations in light of anti-German feeling in the country.
If his appointment is confirmed by Merkel's cabinet, Schoof would replace current ambassador Wolfgang Dold, who has been in the position since March 2012.
Stay away from this, no transparency on the deal. Oibr is an advance version of money laundering scam. the company has sold out its assets and can't recoup with its debts.
Therefore, according to the current capitalization of the four systemic lenders, the value of the HFSF’s holdings amounts to 21 billion euros. When one adds the 8 billion euros that remain unused in the fund after the recap, the government could in theory expect to collect some 30 billion euros from the package of 50 billion set aside for the recovery of the domestic credit sector, provided banks do not require any additional funds according to the results of the stress tests by BlackRock Solutions.
I am with you but I don't think we are able to accomplish anything out of the "shell game" theory. The US Fed has played this game successfully so far and the economy is back on the track ($17T debt). The truth is "if the countries around the world are accepting Dollar, Federal Reserve is going to keep printing that currency". Please read about Quantity Theory of Money, MV = PT; or you may already know this.
China is doing it right now and I don't mind EU do that too. We are just going to see this situation burst at some point where no governments will accept the other gov's currencies. If the Gold area is not coming back then, Bitcoin area is underway.
Gov 10 year notes not and not T-bill ..drop from 24% two years ago....As far as I know, Greece is not willing to borrow additional funds from EU but they are allowed to refinance their high interest rate bonds to lower and longer terms.
Here are the complete specifications of the Xolo Win AMD tablet -
AMD A4 -1200 Dual Core 1.0 GHz Processor “Temash” Generation
AMD Radeon HD 8180G Graphics
DDR3 2GB RAM
10.1″, 16:9 LED – 1366 x768
Windows 8 Certified
10 fingers touch
2 Speakers: 1.5W each
Wireless LAN + Bluetooth 4.0
Internal Storage EMMC 32 GB
Camera – Front: 1 MP, Rear: 2 MP
Battery – 2 SIP, 7.4V, 3550 mAh, 26.27 W; Battery Life: 7 hours; Charging Time of