Like Best Buy, Dell is a speculative investment and worse than gamble. Do not expect to benefit from privatization deal. Leave Dell to big players and protect your small investments. Use your money wisely.
Dell needs a brand new management and Board of Directors. Then new middle management. Until then, nothing will change but "do not catch a falling knife."
Wells Fargo promoted and sold their Ruckus share holdings at a same week. It did not make any sense.
Wells Fargo believes Aruba Networks' long-term growth opportunity remains attractive and keeps an Outperform rating on the stock after the company said its Q3 sales will miss expectations. Wells lowered its price target range for shares to $20-$22 from $27-$30.
Microsoft Windows Phone 8 is nothing but trashy OS. If customers do not use it, sue them. The Untouchable has something to leverage: mighty legal lawyers to pave the waves for class action lawsuits. Settle now or paying more later. ZTE paying Microsoft royalty to use Google's software? It is not April's fool. China's ZTE has agreed to pay Microsoft a royalty for devices it makes using Google Inc's Android and Chrome operating systems. ZTE is the latest in a line of hardware manufacturers that have struck a patent deal with Microsoft, which has successfully argued that Android - which Google provides free to handset makers - uses Microsoft-owned technology.
Google itself, and its Motorola phone maker unit, are the most notable holdouts against a patent agreement with Microsoft. Those differences could be settled soon, depending on the judge's verdict in a patent trial in Seattle. Reaching agreement with ZTE means Microsoft now has patent deals in place with four of the five leading Android phone makers.
Microsoft already has agreements with South Korea's Samsung Electronics Co Ltd and LG Corp, and with Taiwan's HTC. The ZTE deal marks progress for Microsoft with companies operating in China, following last week's patent agreement with contract manufacturer Hon Hai Precision Industry Co Ltd, parent of Foxconn.
Microsoft said it now has Android patent deals with about 20 device makers, and 60 percent of Android phones sold worldwide are covered by a Microsoft patent license. Microsoft really has become a snarling, vicious Behemoth trying to eat up the whole world!Microsoft management is a disgrace to America and Steve Ballmer is certifiably insane.
Watch out below...I told you so. Quick fixes will never work at Brocade. The worst has yet to come and every decisions come with consequences (may be later.) The past has finally catch up with Brocade's investors in 2013.
Protect your investment and leave the rest to big institution players. Benefits from it and get out.
Sentiment: Strong Sell
Last chance for small investors to cash out. Time to move on before it is too late. Stock maninpulation and speculative are dangerous games for all of us, except Office Depot and Office Max's major shareholders and its management.
"Forgive. Never forget their names." John F. Kennedy
Sentiment: Strong Sell
Bail out Office Depot to protect your little investment. Leave the merger to big players.
Sentiment: Strong Sell
OfficeMax, Best Buy, Office Depot are tale of two losers by the hands of its management and cronies.
Sentiment: Strong Sell
Office Depot facing a slow death with no way out. The merger with OfficeMax will accelerate its final chapter. If you want to make money, perfect time to "SHORT" Office Depot for short run. Do not become greedy.
Office Depot will go under after the merger, layoff employees, and close stores. Office Depot' stocks will be delist.
Your losses are the others' gains. Make sure it is not you. Leave ODP to professional financial genius.
Sentiment: Strong Sell
Small investors should seriously reconsider to dump their shares in Office Depot and Office Max as soon as possible. Leave them to big guys.
Sentiment: Strong Sell
Office Depot Inc will acquire smaller rival OfficeMax Inc in a $1.2 billion all-stock deal. The combined entity's name, headquarters and CEO are all undetermined, an unusual level of unresolved detail that points to the integration challenge the companies face. Office Depot will bleeding to death and blame their crisis from the premature release.
Office Depot insisted the deal was a merger of equals and not an acquisition, although its shareholders would get the larger part of the combined company. OfficeMax's largest shareholders, Neuberger Berman, and CEO Ravi Saligram are both candidates for the top job and laughing all the ways to the banks. Time to cash out.
Office Depot executives said their shareholders would own 51 percent of the combined entity, and OfficeMax shareholders would own 44 percent. Office Depot preferred shareholder BC Partners would own 5 percent, assuming it follows through on a potential plan to convert some of its preferred stock to common shares.
One of the firm's key demands was that OfficeMax pay out a special dividend to shareholders. Under the terms, OfficeMax would be able to pay cash dividends of up to $1.50 per share before the deal closed.
J.P. Morgan was financial adviser to OfficeMax, and Skadden, Arps, Slate, Meagher & Flom LLP and Dechert LLP were legal advisers. Peter J. Solomon Co and Morgan Stanley were financial advisers to Office Depot's board. Simpson Thacher & Bartlett LLP was legal adviser to Office Depot, and Kirkland & Ellis was legal adviser to its board. Perella Weinberg Partners also acted as financial advisers to the transaction committee of Office Depot's board.
Intel have to realize that in the current economic climate, people don't have $1000's to splash on a laptop, and companies are not accepting anywhere near the amount of applications they used too for these high end products. So what are we left with? mainstream and entry level.
Many have 1000 dollars to spend on a laptop. But no one wants to pay for #$%$. Thats why Apple have a 90%+ market share on computers over 1000 dollars. Customers are willing to pay Apple above $1000 computers for few simple reason: iOS, nice laptop design, many cool applications, long battery life, slim, etc. and less much relevant about CPU inside. It is very easy for Apple to switch to ARM based laptops and computers when the right time comes.
Therefore, Ultrabook sales will be terrible as netbooks until Intel and its OEM figures out how to improve sales. There is one common problem with intelligent people: if you do not learn your past mistakes, most likley Intel will do it again.
AMD has been cursed. AMD is a great company and has finally made a wise strategic moves with huge progress to survive.
Wait until ARM unleashes their computers and servers to mass market. In just 1 month we will have 8 core ARM phones (Samsung Galaxy S4) In 2 days ARM license more cores then AMD produce in a year. In under 2 weeks more cores then Intel sells in a year. ARM license more cores per year then Intel have sold in its lifetime Intel needs to have the next genertion CPU and platform with clean designs.
Intel is a great company and time for change before it is too late. Until then, stock is going nowhere but down or at the current level at best. You cannot fix problems the ways you invented.
Sentiment: Strong Sell
The Caterpillar has 23 manufacturing facilities in China and four more under construction with huge expansion plan in 2013. Caterpillar closed the purchase of ERA Mining Machinery Ltd and its subsidiary Siwei last June, paying HK$5.06 billion, or $653.4 million at current exchange rates. Caterpillar said an ongoing investigation launched after the deal closed "determined several Siwei senior managers engaged in deliberate misconduct beginning several years prior to Caterpillar's acquisition of Siwei." "It was presented to us as a pretty straightforward transaction. It's a shame. It should have been investigated further." Caterpillar uncovered "deliberate, multi-year, coordinated accounting misconduct" at a subsidiary of a Chinese company it acquired, leading it to write off most of the value of the deal and wipe out half a quarter's profits. Caterpillar would take a noncash goodwill impairment charge of $580 million, or 87 cents per share, in the fourth quarter of 2012.
The driving force behind the deal was Ed Rapp, the former Caterpillar chief financial officer who now serves as a group president with responsibility for China, among other operations. The source said it was Rapp who presented the deal to the board and pushed for its completion.
Citigroup, Freshfields Bruckhaus Deringer LLP, Blackstone and DLA Piper served as financial and legal advisers to Caterpillar on the transaction. Caterpillar's experience with Siwei may also renew focus on the standoff between the U.S. Securities and Exchange Commission and audit firms over access to accounting documents of U.S.-listed Chinese companies suspected of fraud.
Sentiment: Strong Sell
Pandit and his cronies left a huge mess behind and Citigroup investors will soon find out. I told you so: quick fixes will never work and short-cuts will backfire with consequences.
Small investors should get out Citigroup now before it is too late. Step back and watch.
Do Not catch a falling knife. The worst has yet to come.
Sentiment: Strong Sell
AT&T has the worst lousy service and too expensive. Billing is tricky. It is much cheaper to buy your own phone to avoid expensive data plan.
Unfortunately, Americans do not have much choice. Cut your AT&T landline phone and video service with nothing but junks. Save yourselves $150/mo.
Sentiment: Strong Sell
ell’s mean price target by analysts is only %11.96 and the 12% pop we have seen has shares up at $12.23. The market cap is $19 billion as of now. Dell has over $15 billion of short-term and long-term liquidity before getting into any receivables, inventory, and other current assets.
We would caution that this is very much of a new rumor after an old rumor. To get a deal of this size done, it would require a huge consortium of private equity groups. Dell also has $5.3 billion in long-term debt and it lists another amount of close to $4.2 billion in “other” liabilities and almost $4 billion in deferred long-term liability charges.
This would not be an easy deal to get done in raw financial terms die to the large size. Another issue is that even after the pop the $12.20 share price compares to a 52-week range of $8.69 to $18.36.
Sentiment: Strong Sell
Lawmakers are making public emails that show that Wal-Mart Stores Inc.'s CEO found out in 2005 that the retailer was handing out bribes in Mexico.
Congressmen Elijah E. Cummings and Henry A. Waxman, who are investigating bribery charges at Wal-Mart's Mexico division, on Thursday released emails that indicate that Mike Duke and other senior Wal-Mart officials were informed multiple times starting in 2005 about bribes being made in the country. U.S. law forbids American companies from bribing foreign officials.
The emails, which the lawmakers obtained from a confidential source, contradict claims by Wal-Mart senior executives that they had no knowledge of bribes being made by the company, particularly for a store in Teotihuacan, Mexico, the congressmen say. The store was built on the site of ancient ruins as the company expanded in Mexico.
The lawmakers shared the documents with Wal-Mart on Wednesday, and sent a letter to Duke asking for a meeting to discuss them.
"It would be a serious matter if the CEO of one of our nation's largest companies failed to address allegations of a bribery scheme," according to the letter written by Waxman and Cummings to Duke.
Allegations first surfaced in April that Wal-Mart failed to notify law enforcement that company officials authorized millions of dollars in bribes in Mexico to speed up getting building permits and gain other favors. Wal-Mart has been working with government officials in the U.S. and Mexico on that investigation.
Wal-Mart has conducted an internal investigation into the matter. And last November, the retailer said in a filing with the Securities and Exchange Commission that it was looking into potential U.S. bribery law violations in Brazil, China and India.
The bribery allegations were first reported by the New York Times. Last month, the paper published another story focusing on how Wal-Mart's Mexico division offered large payoffs to get things that the law prohibited. It focused on how Wal-Mart paid $52,000 to secure approval to build its store in Teotihuacan on the site of ancient ruins. Although local zoning would have prohibited Wal-Mart from building its store, the Times reported that the company allegedly bribed local officials to have that map redrawn.
In the Times article Wal-Mart spokesman Dave Tovar denied that executives in the U.S. knew anything about the alleged corruption involving construction of the store in Teotihuacan. However, Buchanan notes that the letter from Waxman and Cummings "leaves the wrong impression that our public statements are contradicted by the information they released today." She says the company's statement focused on events in 2004.
The documents released Thursday by lawmakers include an email from November 2005 from Maritza Munich, then General Counsel of Wal-Mart International to Duke and other senior Wal-Mart executives. The email informed them of charges related to bribes paid to obtain permits for a store in Mexico.
The email contained a forwarded summary of an interview with Sergio Cicero Zapata, the former in-house counsel for Wal-Mart de Mexico who oversaw obtaining building through permits throughout Mexico.
The lawmakers also made public another email that Wal-Mart General Counsel Thomas Mars sent on Oct. 15, 2005 to Duke and Tom Hyde, the executive vice president of Wal-Mart. That email referenced to bribes paid to obtain permits for the Teotihuacan site."You'll want to read this. I'm available to discuss next steps," Mars wrote in the email.
Sentiment: Strong Sell
As a part of the deal, B of A will pay Fannie Mae $3.6 billion in cash and repurchase $6.75 billion of impaired mortgages. 10 billion is a drop in the bucket for what was lost and sufered. Unlike the other settlements, this accord actually goes to directly assisting and compensating homeowners who are facing foreclosure or may have lost their home as the result of faulty mortgage servicing. Are American taxpayers really naive, stupid, or both?
Sentiment: Strong Sell
Lies, cheat, steal - pay small fine and do it again. Fraud as a business model.Banks are the nest of corruption. I wait the day americans wake up and really get mad.A slap on the wrist, then these criminals will ask for a bailout to pay the fine. Nobody jailed so onward to larger and more profitable criminal capers. Still plenty more accounts to raid/steal as well as people to bankrupt and swindle their property.
10 billion is a drop in the bucket for what was lost and sufered. Those BILLIONS in fines equals $0.002 on every felonious dollar the managed to get from the troubled mortgages they sold for profit three times.
Every time Bank of America gets fined an angel gets its wings. Bank of America has to buy back ALL their fraudulent mortgages.
By settling for a small fraction of the amount that BofA profited, the government is sending a message that if banks engage in fraud on a scale so massive that no one can clean it up, they will be forgiven with just a slap on the hand so the government doesn't need to clean up the mess. Great and they paid the settlements with Tax Payer Bail Outs... What a deal!
U.S. Government spending hundred of billion to bail out these fraudulent banks and giving them next 0% interest rate. These crooks turn around and charging us 4-5% and more with hundred million in bonus every year. Whoa so they gave back 3.6 billion of the 870 billion taxpayer bailout, thats got to hurt! We have to stop these parasites and their untouchable allies.Too big to fail, too big to jail!
B of A should be liquidated and some real criminal charges need to be brought against the racketeers masquerading as bankers who were in charge at the time of their various frauds.
Banks pay a fine (The Consumer would go to prison) for the same crimes. BOA to raise customer fees to recover their costs of acquiring Countrywide. Why American taxpayers are always the victims?
Sentiment: Strong Sell