"Obama went immediately on TV after the Ft hood shooting to tell Americans not to jump to conclusions about a terrorist because the shooter was a muslim."
And that is because of reactionary nitwits like you who are likely to do really stupid, violent things. Remember, most terrorist acts taking place in the US are done by self identified christians.
Nice call, nitwit. Insiders sell for many reasons.
Lots of issues to consider. Investors in the group are very sensitive to cyclical trends. The stock has had a huge run which makes it vulnerable to profit taking. Fund managers may want to lock in gains as y/e draws near. So quite a lot of selling not necessarily based on fundamentals.
I see no reason to jump in until things are clarifed but those that do could catch a big swing higher if SWKS's business is solid.
The IT security market in which we operate is characterized by intense competition, constant innovation and evolving security threats. We compete
with companies that offer a broad array of IT security products. Our current and potential future competitors include CA, Inc., Dell Inc., International Business
Machines Corporation and Oracle Corporation in the access and identity management market, and may also include providers of advanced threat protection
solutions such as Hewlett-Packard Company, EMC Corporation, International Business Machines Corporation, FireEye, Inc., Splunk Inc. and Palo Alto
As with most if not all topics your steadfast refusal to accept the science (or the facts in evidence) makes showing you the flaw in your beliefs futile. It would be incomprehensible to me for someone to ignore the research of 97% of the world's scientists in any area of study were it not for the track record of nitwits ignoring any and all facts that gets in the way of what right media has duped them in to thinking.
Less than a year after scientists first warned that the amount of carbon dioxide in the atmosphere could rise above 400 parts per million and stay there, it has finally happened.
For the first time in recorded history, the average level of CO2 has topped 400 ppm for an entire month. The high levels of carbon dioxide is largely considered by scientists a key factor in global warming, according to the National Oceanic and Atmospheric Administration's (NOAA) Earth System Research Lab.
The Scripps Institution of Oceanography, a part of the University of California, San Diego, reported that April's average amount of CO2 was 401.33 ppm, with each day reading above 400 ppm, reports USA Today.
Scientists have long been concerned that global warming may push the Earth's climate system past a "tipping point," and a new study from Oregon State University (OSU) may have finally identified that threshold.
According to the research, synchronization of climate variability in the North Pacific and North Atlantic Oceans is that tipping point - where rapid melting of ice and further warming may become irreversible. This is what happened a few hundred years before the rapid warming that took place at the end of the last ice age about 15,000 years ago.
The study, published this week in the journal Science, suggests that this combined ocean warming may have forced the Earth's climate past the point of no return.
"Synchronization of two major ocean systems can amplify the transport of heat toward the polar regions and cause larger fluctuations in northern hemisphere climate," lead author Summer Praetorius, a doctoral student in marine geology at Oregon State, said in a press release. "This is consistent with theoretical predictions of what happens when Earth's climate reaches a tipping point."
That is the kind of insightful analysis I've come to expect from you.
Just as people are required to have a minimum amount of liability coverage when buying auto insurance they now must buy medical insurance coverage that actually covers a significant amount amount of potential medical costs. Having "insurance" with the "coverage" the old policies offered with extremely high deductibles and low max caps were popular with customers because they were cheap, and popular with insurance companies because they were profitable. But they were cheap for a reason..............they offered virtually no real protection in the event of a high cost medical event. Costs that typically got passed along to the rest of us, hence the reason for imposing minimum standards.
"ACA needs people to sign up to be successful yet you bash businesses that let their people do it"
That statement displays a complete misunderstanding (not surprisingly) of the
situation. ACA's success is dependent on people being in the large insurance pool. It doesn't matter if they are part of an employee plan or a individual plan as long as they are insured. The only thing employers are "allowing" employees to do is pay for the insurance themselves.
Do I really have to go over this again? The pace of cost inflation has been reduced due to ACA, and that was the primary goal. Businesses have been eliminating health care benefits for years. It now suits their purpose (shifting costs to the public sector) by blaming ACA for what they have been doing. Cancellations are being done because some old policies were not worth the paper they were written on in terms of coverage.
Nobody said ACA would stop medical cost inflation. Only that cost inflation was on a path that was unsustainable in terms of the US budget and the consequent deficits it was facing. ACA has done quite a lot to bring projected deficits way down.......so it has been a success.
Chip stocks plummeted Friday amid indications that the semiconductor industry has entered a downcycle.
Microchip Technology (NASDAQ:MCHP), which historically has been a canary in the coal mine for the overall industry, late Thursday preannounced worse-than-expected fiscal Q2 revenue.
Microchip's report indicates that "the next semiconductor downcycle has arrived, with distributor inventories piling up to reach a tipping point," Hedgeye Risk Management analyst Craig Berger said in a research note Friday. "Historically, MCHP has been an early semiconductor cycle indicator, with its sell-through revenue recognition helping the firm see a turn in distributor demand dynamics earlier than a sell-in chip firm that can keep shipping inventory."
This downcycle, however, is expected to be modest compared with others, Berger said.
But what the market is keying on is their statement that the semi cycle is about to take a turn down. The thing is, at least as far as SWKS goes, it wasn't trading at an elevated multiple even based on reduced EPS.
But the momo money is pouring out.
Mr. Sanghi added, “Microchip often sees the turn of the industry ahead of others in the semiconductor industry. First, in contrast to many others in the industry, we report sales from distribution on a sell-through basis worldwide. We built a significant amount of inventory in the distribution channel in the September quarter. If, like many others in the industry, we recognized sales on a sell-in basis to our distributors, our sales would have been significantly higher for the September quarter. Second, Microchip does business with over 80,000 customers worldwide, most of whom are small and nimble and are able to adjust their demand in real time. We believe that another industry correction has begun and that this correction will be seen more broadly across the industry in the near future.”
“We were disappointed with the level of business activity in the September quarter. The September quarter is usually a back-end weighted quarter because of a traditional weak August due to holidays in various parts of the world. The month of September is usually a strong month for our revenue after the summer holiday period. This time, the September sales did not materialize to our expectations. The revenue miss was led by China where the September quarter is traditionally the strongest. This time, sales in China, excluding ISSC, are expected to be down sequentially,” according to Steve Sanghi, Microchip’s President and CEO.
So the obvious question is whether SWKS experienced a similar slowdown......or is this a huge buying opportunity?
Health care spending growth is the lowest on record. According to the most recent projections, real per capita health care spending has grown at an estimated average annual rate of just 1.3 percent over the three years since 2010. This is the lowest rate on record for any three-year period and less than one-third the long-term historical average stretching back to 1965.
• Health care price inflation is at its lowest rate in 50 years. Recent years have also seen exceptionally slow growth in the growth of prices in the health care sector, in addition to total spending. Measured using personal consumption expenditure price indices, health care inflation is currently running at just 1 percent on a year-over-year basis, the lowest level since January 1962. (Health care inflation measured using the medical CPI is at levels not seen since September 1972.)
• Recent slow growth in health care spending has substantially improved the long-term Federal budget outlook. The Congressional Budget Office (CBO) has reduced its projections of future Medicare and Medicaid spending in 2020 by $147 billion (0.6 percent of GDP) since August 2010. This represents about a 10 percent reduction in projected spending on these programs. These revisions primarily reflect the recent slow growth in health care spending.
You should read thru the prospectus. Lots of good info in there. The top line is growing fast but so are expenses. They lost money in H1 2014. But the thing to remember with high growth stocks in a big addressable market is they typically trade based on a multiple of sales, not earnings. The theory being EPS will come in time so long as sales growth is good.
AUSTIN, Texas (AP) — A federal judge likened Texas' strict voter ID requirement to a poll tax deliberately meant to suppress minority voter turnout and struck it down less than a month before Election Day — and mere hours after the U.S. Supreme Court blocked a similar measure in Wisconsin.
The twin rulings released Thursday evening represent major and somewhat surprising blows to largely Republican-backed voter identification rules sweeping the nation that have generally been upheld in previous rulings.
Approved in 2011, Texas' law is considered among the nation's harshest and had even been derided in court by the Justice Department as blatant discrimination. Wisconsin's law was passed the same year and has remained a similar political flashpoint.
And you can continue to bury your head in the oil sands while 97% of the world's climate scientists warn the evidence that the earth is reaching a tipping point in terms of the reversable effects from warming is over whelming.
Thanks myt. I have that alias on ignore but you smoked out what the nitwit was trying to get to........in his classic, racist way.