(I presume the record date will be in October 2015)
According to the filing the RATIO is ONE to ONE
According to filing: Ferrari spin-off
Ferrari filed a Form F-1 with the SEC giving out its financial and operational details. The new company expects to list on the NYSE and may also apply for listing on the Mercato Telematico Azionario (MTA) after the separation. The complete separation is expected to occur through a series of transactions – an intra-group restructuring of Ferrari, the IPO offering and the spin-off, all of which will be tax-free. The spin-off ratio is 1:1, implying each FCAU shareholder will receive one Ferrari share for every share of FCAU common stock held as of the record date.
The first possible day for the IPO is October 13, 2015. This will be followed by a tax-free spin-off of the remaining 80% stake in January 2016. Post IPO and spin-off, ~24% Ferrari shares will be held by Exor S.p.A. (FCAU’s largest shareholder), ~66% by public shareholders and 10% by Piero Ferrari. Both Exor and Ferrari will then immediately qualify for Ferrari’s loyalty voting program that will allow two votes for each share held. Post spin-off, Exor will hold ~36% voting power in Ferrari, while Piero Ferrari and public shareholders will
hold ~15% and ~49%, respectively.
Its the Dodge Challenger and Charger performance cars. Check it out!! lol ;-)
IMO the feds will not raise interest this year...I believe 25bp in mid 2016
"To support continued progress toward maximum employment and price stability, the Committee today reaffirmed its view that the current 0 to 1/4 percent target range for the federal funds rate remains appropriate. In determining how long to maintain this target range, the Committee will assess progress--both realized and expected--toward its objectives of maximum employment and 2 percent inflation. This assessment will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and inflation expectations, and readings on financial and international developments. The Committee anticipates that it will be appropriate to raise the target range for the federal funds rate when it has seen some further improvement in the labor market and is reasonably confident that inflation will move back to its 2 percent objective over the medium term."
There never was a real GE message board it was corrupted with political messages automatically generated by a bunch of computers. Eliminating the so-called GE board was the best decision YAHOO ever did! The board will come back "cleaned" just for GE chat only very soon.
The market manipulator is well aware of the motions you are experiencing during a run up and a collapse and will play your emotions like a piano.
THE DEADLY ART OF STOCK MANIPULATION:
In every profession, there are probably a dozen or two major rules. Knowing them is what separates the professional from the amateur. Not knowing them at all? Well, let’s put it this way: How safe would you feel if you suddenly found yourself piloting (solo) a Boeing 747 as it were landing on an airstrip? Unless you are a professional pilot, you would probably be frightened out of your wits and would soil your underwear. Hold that thought as you read this essay because I will explain to you how market manipulation works. What the professionals and the securities regulators know and understand, which the rest of us do not, is this.
RULE NUMBER ONE:
ALL SHARP PRICE MOVEMENTS -- WHETHER UP OR DOWN --ARE THE RESULT OF ONE OR MORE (USUALLY A GROUP OF) PROFESSIONALS MANIPULATING THE SHARE PRICE.
This should explain why a mining company finds something good and" nothing happens" or the stock goes down. At the same time, for NO apparent reason, a stock suddenly takes off for the sky! On little volume! Someone is manipulating that stock, often with an unfounded rumor. In order to make these market manipulations work, the professionals assume: (a) The Public is STUPID and (b) The Public will mainly buy at the HIGH and (c) The Public will sell at the LOW. Therefore, as long as the market manipulator can run crowd control, he can be successful. Let's face it: The reason you speculate in such markets is that you are greedy AND optimistic. You believe in a better tomorrow and NEED to make money quickly. It is this sentiment which is exploited by the market manipulator. He controls YOUR greed and fear about a particular stock. If he wants you to buy, the company's prospects look like the next Microsoft. If the manipulator wants you to desert the sinking ship, he suddenly becomes very guarded in his remarks about the company, isn't around to glowingly answer questions about the company and/or GETS issued very bad news about the company.
I’m amazed! With so many tax experts, so many knowledgeable tax professors out there on IRS rules and no one knows if YAHOO spin-off is taxable or not? I believe the experts already know that there’s no TAX LIABILITY on the YAHOO spin-off, the stock is kept low for accumulation and to favor short covering. YAHOO would be at $32 if it was taxable, the street wants to put doubts in your mind so you will sell.
shorts are S C R E W E D! better cover today...
FCAU As of 6/30/2015
Shares Short 69.48M
Short Ratio 10.7
Short % of Float 15.09%
Sentiment: Strong Buy
I wonder how can Wall Street put a valueation on a stock like FCAU of about $15.00 per share... with a yearly revenue of $110.8 billion with a pretty good decent net profit. Right now FCAU has a market cap of 19.17B. (0.17% of market cap) The share price should be at least double or triple or more as a takeover candidate based on consideration of yearly revenue.
Sentiment: Strong Buy
"Trailing Google in the overall unique visitor count are Facebook Inc. (NASDAQ: FB) with 214.4 million visitors and Yahoo! Inc. (NASDAQ: YHOO) with 209.5 million. These are the only three properties to surpass 200 million unique visitors in May.
Among the other top online video sites are second-place Facebook with 85.6 million unique visitors and Yahoo with 59.1 million.
And still the I D I O T S put a negative value for yahoo core. Go figure it!!
" indicates the stock has been oversold"
More likely over shorted from i d i o t s that don't know doodly squat about yahoo.
Sentiment: Strong Buy
Opportunity only knocks few times, It's so obvious YHOO has been kept down for accumulation and also today's option expiration...This stock is changing constantly within the same hands in a reciprocal accord within B.houses and if you got guts to put a buy order just a bit below the asking it goes up right away. Buy at the asking as I have been doing.
Not long ago MM said she allocated two billion dollars to buy YAHOO shares back, the more it goes down ...the more cash is saved. In for the ride.
Never to read all the BS in the financial media, it will only give you acida. Although with all that printed BS...the media can control markets to go up or down for their own interest and their cronies. The SEC just sucks it up without a word.