10 year was down to 2.07% earlier today and utilities have been in rally mode for a few weeks after getting crushed the prior few months on Fed concerns. However the 10 year is around 2.16% tonight if it climbs back near the 2.25% level I think the market starts selling the sector again.
See no news but I did say after earnings that they were OK and could have been worse. Near $18 now let's see the close. It held up pretty well during that market meltdown yesterday.
FM Halftime one of the Najarians said it may be an opportunity so you may see some comeback higher for now.
As bad as today's action is the analysts seem to be in love with this deal. I scratch my head but that's what they were saying when the deal was in the works.
Agreed....he spent all these billions on DTV probably overpaying at a media top it appears. I posted weeks ago it looks like the overpaying of 2007.
Basically in line with all the money they spent on DTV. RS promised much more from this deal thus the stock gets whacked. He must go for what he has done to shareholders.
The EPS guidance is in line and they are spending all these billions on this deal that's what the market is PO'd about. Where is the earnings growth?
are basically in line so investors are saying....Where is the growth for all the billions they are dropping on DTV? This CEO must go he has leveraged this company for years down the line.