the lawsuit by a pension fund in Chile against Ponce, who by the way was the son-in-law of the old President of Chile, presents a scandal which is just now playing out. Combine this with the fertilizer price drop and the 30% earnings decrease, SQM is, at best, a hold right now.
the famous Canaccord Genuity also rated Nokia a buy with a target of 12....I will also attend your party and call others on my Nokia.
It seems that as soon as ING completes the repayment of its Dutch debt in 2015, it will resume dividends which may be at 4%. The value of the company will soon reflect this fact.
Alcaraz Research, Alcaraz Equity Research (523 clicks)
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Nokia Is Big In Japan
Sep. 14, 2014 11:00 AM ET | 28 comments | About: Nokia Corporation (NOK)
Disclosure: The author is long NOK, ALU. (More...)
China is not the sole source for major Nokia Networks contracts. Nokia is also the number one mobile base station vendor in Japan.
Nokia increases its market leadership over Ericsson in Japan by acquiring Panasonic’s mobile base station business.
Japan is a very important market for Nokia Networks. Like China, Japan can also do large-scale 4G/LTE/LTE Advanced network infrastructure upgrades.
A fire closed off an off-shore platform last month and now, corruption charges against government officials for kick back payments...a murky picture right now.....
UBS gave it a buy yesterday and Canaccord today.....
UBS anaylst Eric Sheridan upgraded shares of Twitter Inc (NYSE: TWTR) from Neutral to Buy and raised the price target from $50 to $65.
Shares have jumped 2.94 percent in Wednesday's pre-market session.
Sheridan said, based on advertising checks, Twitter is beginning to gain positive momentum on its campaigns. He also noted features, such as promoted video ads and "buy now" button, will help to position the company for future advertising growth.
Based on this sentiment, Sheridan has raised his revenue estimates through 2
estimates for future legal costs are now $18 Billion and may rise. The company has set aside only 3.5 Billion so future earnings are in big trouble..The bad publicity will begin again..
the combination of lowered earnings and a 7.8 million dollar fine for false reporting has sed to downgrades. Zach ranke it a 4 which means SELL.
Deutsche Bank posted net income of #$%$238 million ($326.4 million) in the second quarter of 2014, down from #$%$335 million ($437.4 million) in the prior-year quarter. Furthermore, the bank posted net revenue of #$%$7.9 billion ($10.8 billion) in the reported quarter, down 3.7% year over year.
Amazon will buy live video service Twitch in a deal valued at over $1 billion. Twitch had been in talks with Google, but they appear to have fallen through.
This acquisition gives Amazon the ability to launch a live streaming service, and capitalize on its existing ecosystem.
Go long now. Things could move quickly for Amazon.
Amazon (AMZN) has agreed to buy live video streaming service Twitch for more than $1 billion dollars, according to the Wall Street Journal Monday. A few months ago, Google (GOOGL, GOOG) was in discussions to buy Twitch but they appear to have fallen through, giving Amazon full rights to the live streaming video service.
new deal with Bolivia....increasing natural gas demand in Brazil...new discoveries..
Brazil's state-run energy giant, Petroleo Brasileiro S.A. or Petrobras (PBR - Analyst Report) announced that it has made a fourth oil discovery in the Jupiter area in the Block BM-S-24 in the Santos Basin. The discovery was made through the well 3-BRSA-1246-RJS or Apollonia, located about 296 kilometers offshore Rio de Janeiro.
The well, a depth of 2,183 meters, has struck a 313 meter column of hydrocarbon. An oil column, about 87 meters thick, has been confirmed. The drilling of the well is continuing and is expected to reach a maximum depth of 5,700 meters.
After Merrill's buy recommendation came Bank of America's buy signal on 8/11. Cramer added his " must own" call, and today Morgan Stanley finally raised their call to "equal weight". The gang is all here for a nice rise in price.
Already this week, Merrill has has a buy on the stock and a target of 47, Bank of America has raised to buy and Cramer claims,"this stock HAS to be owned". After the morning profit taking session, look for new customers and additional buying.
With a cash position of 29 million and a debt of 333 million, it is no wonder that investors are worried. Despite being a constant earner, its net has been flat or lower for at least the past 8 quarters.
some more bad news.
Petrobras shut production at one of its offshore oil platforms after a spill and fire broke out during maintenance. Petrobras (NYSE:PBR) says the fire occurred at the PNA-1 platform in the Namorado oil field during repairs and was extinguished. The platform, which produces ~2,400 bbl/day of oil, is one of the company's oldest and is undergoing repairs; it was the second fire at the platform in three months.
ING Group (ING), another financial sector stock, also sold off more than the S&P 500 on July 8. This stock hasn't been able to make headway higher since mid-January. It is moving between resistance near $14.80 and support near $12.90. After testing resistance in June and early July, and failing to break above it, the most likely course for the price to take is back toward support. A long-term break of support could take the price to $11.
china is a massive customer..Slowing Thermal Coal Demand Helping Nuclear in China
Reuben Brewer, The Motley Fool
Feb 26th 2014 10:00AM
Updated Feb 26th 2014 10:02AM
Relatively weak demand for thermal coal in China has pushed coal prices lower in Australia. That's a problem for big miners like Rio Tinto , BHP Billiton , and Peabody Energy . However it could add to the allure of uranium miner Cameco .
much uncertainty now following US sanctions vs euro adrs involving energy and banking dealings with Russia. Add to this the downing of the Malaysian plane and the picture is murky. Dutch corporations have been affected.
the net cash position dropped over 61% this year. This is an unheard of bleeding of funds. The company's once admirable no debt position is in danger. The multiple law suits by Levi and Korsinsky, Brown Piven, Khan Swick, and Howard K Smith are symptoms of illegal and unethical practices with dire results.
The S&P downgrade cost the company dearly. When Morgan Stanley downgraded from overweight, 2 notches, to underweight, it fell again. Consolidation and good news are needed for any recovery.