I'm considering buying BX but am concerned about and tax ramifications of owning LP shares. Can someone help me with understanding that or direct me to a good article about it?
I'm new at watching this stock and noticed that since it went ex-dividend it's pretty much been a straight selloff with no news behind it. Is this kind of normal as investors are flipping it for the dividend until the next dividend run up?
Spitting it up yet again. People are selling on any strength to get away from the French taxes IMO. There are so many other stocks to pick from that don't have the burden of the French taxes weighing on them. Down down down. Terrible stock.
Blodgets report today is as good as his advice has always been.
#1. Cook is not an idea man and just a bean counter. He's the same as the clown at MSFT.
2. No innovations. If 5S comes out and it just tweaks the current model without some breakthrough software, game over. Apple loses the smartphone war thanks to unenforceable patents and ip theft.
3. Margins will compress. No way they are going back above 40% unless they redefine one of their products or create a whole new product that makes theirs far better than anything else.
4. This earnings report will suck.
5. Current quarter will suck as people wait to see what's next.
6. China Mobile deal won't matter as competitors smartphones have been there for years as well as millions of black market iPhones.
Only thing they can do to build excitement is to buy Sprint. Then people will start wondering again about What If.....?
And make a true mobile Internet phone. Think about the possibilities of them owning the hardware, the software, and the means of connecting and how they would have enormous advantage over the competition by vertically integrating all aspects of mobile seamlessly. If they do, Aapl will soon revisit $700.
Could also be someone who wrote contracts a while back at a higher price and now they are buying them back at a lower price effectively zeroing out their position.
Sorry i misread that. That block volume was below open interest just meant that the volume of options traded was below the total options contracts currently outstanding. Means that it could have been filled by others who are currently trying to sell their same option positions and market maker did NOT have to write new contracts to satisfy the order.
Ill take a stab at that. Someone bet $25k that BP is going to get a favorable verdict or ruling in their trial before the end of the week. Those were Apr 20th Call options at $44 so if the better is right and the stock goes to $45 by Friday close, they make $1.25M on this gamble. Not sure what they mean that the volume was higher than the open interest as there looks to be over 70,000 contracts currently open at that strike price. Maybe meant that this was higher volume than were currently listed available for sale and so the market maker wrote some of the contract. My best guess.
0.2% fee from France plus withholding of your dividend at 15-30%. And it just continues to sink down every single day. The tell was when it was up $1.20 recently and then proceeded to give it all back the very next day. Junk stock.
As a US Citizen in the US earning BP dividends, do I have to pay any taxes to the UK or just US taxes? I was reading that a French company TOT has a withholding requirement of 15-30% on their dividends and was wondering if there is any similar obligation on BP dividends to pay taxes to the UK.
It's hard to tell if you just don't understand what I am saying or if you are just an imbecile. How about posting something constructive, even in opposition, based on facts and logic versus character assasination?
The latest "expert" to testify for the plaintiff indicated that Transocean was grossly negligent in their maintenance of the rig. Ooooo, that sounds horrible! But how did any of that non-maintenance relate to the accident at all? That part of this "experts" equation seems to be lacking, at least as reported.
I haven't changed the oil in my car in 50,000 miles. I run a red light and crash into a school bus, injuring 70 children. A horrible accident. Was it because of the grossly negligent maintenance of the oil in my engine?
Isn't this just convenient for Haliburton at this critical time to find "some cement samples" that are "possibly" associated with the Macondo well. I wonder if with BILLIONS of dollars on the line if somehow these might be manufactured evidence from good ole #$%$ Cheney's company. And everyone knows #$%$ Cheney would never try to distort the truth!
BP and the other defendants might even submit a Motion for Summary Judgement that the plaintiffs did not sustain the burden of proof for gross negligence. That's when the judge will put the screws to the gvmt to settle before he makes his ruling.
Wow! That was the government's case against BP to try and hang gross negligence on them? That was really lack luster except for pointing the finger at Halliburton and then today at Transocean for alleged "gross deficiencies" by them for maintenance of the rig, as alleged by the plaintiff attorney. I think that is the first time I've seen the word "gross" used at all in the plaintiff's case and it wasn't even directed at the gvmt's main target BP. This case is over. I am expecting a settlement very soon in favor of BP as the judge is going to take all of the parties aside and say that he highly recommends that the plaintiffs attempt to settle the case now before it goes any further. He will put the screws to the plaintiffs hinting at that they are not going to get the gross negligence multiplier they had hoped for. Of course, Halliburton and Transocean may attempt to put gross negligence blame on BP in their defense presentations, so game not completely over but if the defense decided not to present ANYTHING at this point, I'm thinking the judge would rule simple negligence and game over.
What's going to happen when Apple's Mar earnings are $11 instead of $12.30 as they were last year? Yes, that's better than the consensus estimate of $10 but their TTM EPS will DROP for the first time in at least five years. Aapl can get down to $380 especially if they don't come out with a NEW product in the meantime which will give hope of a reversal for future quarters. Note the production cuts by suppliers of 30% qoq. That gets the EPS for this quarter closer to $10 which would knock $2.30 off the TTM. The next product announcement better not be just an incremental tweak of existing stuff.