INSANE! Republicans passed overwhelmingly HR 5405. A bill designed to deregulated Wall Street. The short title of the bill identifies it as a "job creation" bill!
Y God, we are sinking into the abyss Another bubble will be created...not jobs
steering investors towards (their) friends.
By Ben Levisohn
It’s not easy being a coal miner these days. Everyone appears to be trying to limit its use to combat pollution and global warming, while prices keep tumbling. That’s helped knocked down the shares of Peabody Energy (BTU) Alpha Natural Resources (ANR), SunCoke Energy (SXC) and Consol Energy (CNX) during the past month.
Agence France-Presse/Getty ImagesGoldman Sachs analyst Neil Mehta and team don’t think coal prices are close to bottom yet. They believe met coal could fall to $120 a metric ton during the fourth quarter of 2014, while thermal coal prices should fall as well. That’s bad news for all coal miners–Consol Energy, SunCoke, Peabody and Alpha Natural Resources all had their estimates reduced–but especially so for Peabody Energy and Alpha Natural. Mehta explains:
We downgrade Peabody Energy (BTU) to Sell from Neutral with 6% downside to our new 6-month, $13 EV/EBITDA-based target (previously $15). Key drivers of our negative view include: (1) a challenging outlook for US thermal coal prices, (2) low margins in Australia due to weak expected met pricing, (3) higher leverage levels and (4) valuation, with the stock discounting long-term met prices of $165/MT, above our 2015/2016 forecast of $140-$147/MT.
Focus on three themes into year-end 2014 (1) Avoid met stocks. We recommend investors avoid Sell-rated Alpha Natural Resources and Peabody Energy given high leverage and low-to-negative free cash flow. (2) Own SOTP winners. We reiterate our [Conviction List] Buy on SunCoke Energy and Buy rating on Consol Energy. (3) Prefer stronger balance sheets including Buy-rated SunCoke Energy, Consol Energy over weaker ones including Alpha Natural Resources, Peabody Energy.
Shares of Peabody Energy have fallen 5.2% to $13.45 at 10:52 a.m., while Alpha Natural Resources has dropped 3.9% to $3.24 and Consol Energy has declined 1.9% to $38.15. SunCoke Energy has advanced 1.7% to $23.64.
He"s a Christian evangelist who preaches rarely the bible but alot of gooey feel-good anecdotes and storytelling and he (belongs) on AM or FM radio where you can find him. I don't know why SIRI has to hire every celebrity and give them a channel.
He's on terrestrial radio already, does he really need a spot on satellite? All ONE has to do is switch from satellite to FM or AM to hear his feel good sermons. This is what I hate about this company,, they hire talk channel after channel and squander shareholder value to suit THEIR needs. Maybe Olsteen will provide a private retreat at the estates of the egg heads ruining this company.
THE SIRI BOD HAS TO BE THE BIGGEST JOKE IN IECONOMICS AND BUSINESS MANAGEMENT. =LOSERS
Remember the banks hoarded 99% of (all) the TARP money instead of its intended purpose of lending it out to consumers. If that constitutes capitalism, then I'd rather have anarchy, and I mean that with every bit of my being.
They own a (minority) stake in SIRIUS-XM/ CANADA .These clowns cant even do THAT! right. This BOD will let ANYBODY run'em down. They cant even spin off a subsidiary of ITSELF!... IN ANOTHER COUNTRY...WITHOUT BEING SUCKERED INTO GIVING UP MAJORITY STAKE.
WHAT A BUNCH OF LOSER SO-CALLED DIRECTORS!!!!!!!!
Palin Family Allegedly Involved In A Brawl
Sarah, Todd, Bristol, and Track — was allegedly involved in a booze-filled brawl over the weekend in which the former vice presidential candidate reportedly screamed, “Don’t you know who I am?” According to reports from local bloggers, the Palin crew showed up at a party in Wasilla following a day…
The Daily Caller
Can somebody remind me what the catalyst was for Liberty's stake to grow from 39% to controlling interest. Was it Liberty converting the preferred to common? I'm looking for company/shareholder breeches. I know the increase began before the extent of the buybacks.
Sorry again, I don't know where my head is at. 200M more like it. You are correct my friend
Sorry, 200M additional subscriptions on top of the previous guidance equals ANOTHER $370M. This stock should be flying
The stock gets knocked down on insider knowledge over several days, fantastic news comes out, and the stock only move back to it's original tic. This is how they keep the pps from rising. 200Malone additional subscriptions
exactly, I don't understand why the BOD, or even J.M, are not focusing on growing the pps since they would be the ones benefitting the most. This whole silent treatment makes me wonder if the NAB is still involved in it's attempts at dismantling satellite radio and (may) be bribing Sirius to keep stagnant and un-noticed, especially when the SEC makes no comments or files any charges against the lack of information concerning any of the several investigations that were undertaken by both the Sirius "special committee" and other outside shareholder rights attorneys. We as shareholders have the right to know what transpired from these investigations and it is the company's responsibility persuant to feduciary duty and corporate governance to inform us on the outcomes of those investigations. This company cannot just say: " oh well, the takeover didn't happen as planned, so back to business as usual" They have a responsibility to tell us exactly what went down.
How much shareholder equity are they paying this old broad for hits sang eons past.
Yeah SIRI, how'bout updating your shareholders for once instead of spending OUR money on lame channels. What is this? Welfare for the entertainment industry.