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.
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.
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.
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.
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.
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.
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.....?
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.
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?
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?
Don't you just love imbeciles like that who waste everyone's time and their own by posting meaningless statements?
As far as the reason it dumped today was probably more of the fear trade related to the possibility that interest rates may start going up which will impact their cost of borrowing and doing leveraged deals.
Wow! Thanks for all the well written and thought out responses. Seriously! So often, some members will respond with useless posts like, "Stocks go up, stocks go down."
Apple should partner with Tesla to bring computer/phone integration into their cars. They would also be wise to bring them to Audi which seems to be a company that is willing to be on the cutting edge of technology. Apple needs to bring a replacement computer information system to cars as the ones that have been offered over the prior years have been woefully poor in performance and ease of use. The only problem with this is that they would have to devise a whole new OS that would work in the cars and allow other manufacturers to have their products (like cell phones) work with them. I recall that Apple just recently agreed to a deal with Ferrari. Perhaps this is their next big thing, if they expand beyond such a limited production car company.