These are some excerpts from a 3-28-13 article from the diaTribe website.
In February, Dexcom submitted an application to expand the label for the G4 Platinum CGM (continuous glucose monitor) to pediatric patients who are as young as two years old. The FDA normally responds to these applications after 180 days, and we expect a decision from the agency during the second half of 2013. Currently, the G4 is only approved for those who are 18 years and older. Though some children are now using the CGM, they are using it “off-label,” and not all healthcare providers (HCPs) are comfortable prescribing therapies in this way.
Dexcom is also working on a new remote monitoring product, Dexcom Share. The product is a cradle that holds the G4 Platinum receiver and plugs into a power outlet at a user’s bedside. Data from the G4 Platinum are then sent via the cradle (using Bluetooth) to a nearby smartphone. That phone then uploads the data to a web-based platform, where it can be monitored by parents or caregivers on their own cellphones. At the ATTD conference, Dexcom showed a picture of a father on a business trip in a taxi, checking his phone with a sigh of relief that his daughter’s CGM reading was 150 mg/dl.
Usually, the class action lawsuits are consolidated and companies have insurance for employees engaging in fraud. Management will definitely be distracted, though, and the company will have to cough up some cash.
I just don't get the need for a dredging company to have a demolition subsidiary. Senior management should be punished for such nonsense and for their inability to properly manage/supervise the unit or the person running it. That's usually not how it works. No one loses bonuses or stock options and they often get rewarded for having to guide the company through the mess that they themselves created in the first place. Senior managers and some directors should resign for the purchase of the subsidiary and for not ensuring the soundness of the operating systems at that subsidiary.
I am also considering buying more because demolition is not the major business of GLDD, dredging is and they have some jobs coming up.
Good luck, all.
You are speaking about his brother, Yoni, who was the only Israeli soldier killed in the operation.
Yes, the earnings release date has been messed up. I don't know the source of the Yahoo numbers, but instead of just removing them, they just keep posting the next day's date. GLDD had released the earnings numbers for Q4 and fiscal year on the 21st and 22nd of February for the past two years and have always announced the earnings release date one week in advance. I am disappointed in the company's lack of execution.
Good luck, all.
This story was from 1-14-13.
"Wunderlich Securities noted, “We are raising our price target on DexCom (DXCM) to $18 per share from $15, reflecting the strong, initial success of the G4 Platinum CGM and additional catalysts on the horizon in 2013. DXCM pre-announced very strong Q4 product revenues last week, and offered solid guidance for 2013. Strong patient acceptance of G4 will drive results, which could leave our 2013 estimates conservative. In addition, FDA approval for pediatric patients and approval of the integrated Animas (JNJ-NR) pump/CGM serve as additional catalysts on the horizon (not built into our current estimates). DXCM is well positioned for strong growth in 2013 and beyond, and we continue to view the company as one of the most attractive acquisition targets in our coverage.”
DexCom closed on Friday at $14.82."
Good luck, all.
The filing was a 13G, a passive investment, not a 13D, one meant to influence management. Still the investment was made to make a profit and they paid more than I did.
If you Google the topic include "Great Lakes Dredge & Dock" with the "Arthur Kill channel dredging" topic.
GLDD was awarded a contract for $41 million on January 31. I have posted the story twice and included the link to the story, but Yahoo keeps deleting the post. Just Google Arthur Kill channel dredging for the story. Good luck, all.
I agree with your reasoning. Wells Fargo does have an online brokerage subsidiary, so they are familiar with the business. They had expressed a desire to expand that business in the past.
Cut and paste or click on the link below, whichever works, for a good story about the dredging backlog for Great Lakes ports.
Good luck, all.
Nice Investopedia article with a positive mention of Great Lakes Dredge. I wonder why it wasn't listed in the Great Lakes story section. Good luck, all.
Congratulations! Is this your first CGM or did you have the 7+ before the G4? The G5 is supposed to be able to use a smartphone as the device. Good luck with your G4.
Some people must be assuming good news from the earnings report tomorrow morning. I hope so. I have been holding for a couple of years and will probably sell when BP settles with the US for the oil spill.
Yes, it is a quiet board, but I think it is the nature of the business of dredging. Hang in there. There may be some excitement when BP settles with the government for the gulf oil spill, sometime after the election.
I did get those numbers out of their statement of cash flows, but they didn't say what they repurchased for the third quarter. Their press release mentioned their repurchase of stock "during the year" and their conference call "Year-to-date, we have repurchased", but nowhere was it mentioned by the officers what the number was for the quarter. Thanks for the response and your help.
Thank you for your response. I did read the press release and listened to the conference call, but didn't hear or read anything except this paragraph with no mention of buybacks:
"The company generated $594 million in cash from operations and is on track to deliver full-year operating cash flow of $2 billion to $2.3 billion as well as repurchase $900 million to $1.1 billion in Xerox stock during the year."
I dug through their numbers and picked up the buyback, but one would think that an ongoing program with, I believe, such a positive influence on the price of the stock would be more prominently mentioned.
I do get my information from press releases, among other sources, but don't write off message boards, especially for smaller companies. Some boards are overwhelmed with political nonsense and people touting newsletters with bogus posters praising the services. Xerox is not too bad. Sometimes, it is a pain to go through the stuff, but every once in a while there is a gem among the garbage, your response being a case in point. Thank you for your kindness and could I ask you where you picked up that information.
I purchased my shares in the 7's and high 6's and may add more. Again, thank you.
I have not heard or read that the company bought back any shares in the most recent quarter. I thought the buybacks were scheduled to happen in the last two quarters of the year. The shrinkage of their outstanding shares by close to one billion dollars a year is supposed to be a major support for the stock price. Does anyone know what the story is? Thanks and good luck!
No, I have never had any trouble with E-Trade since they took over my account when they bought Brownco, but I have had trouble a few times with Scottrade.