Randy Sommovilla

Randy Sommovilla
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  • Bloomberg: GE to invest €700M in Italian research centers  [View news story]
    No doubt part of EU extortion for approving the Alstom deal.
    Jan 29, 2016. 06:37 PM | 2 Likes Like |Link to Comment
  • Activist pressure at Johnson & Johnson  [View news story]
    God forbid!!!!
    Jan 28, 2016. 03:41 PM | 1 Like Like |Link to Comment
  • Apple to pay Italy €318M following tax probe  [View news story]
    To those saying it is mere pocket change or "small beer", there are many more kegs looking to be filled with Apple money.
    Dec 30, 2015. 09:31 PM | 1 Like Like |Link to Comment
  • Chronicling My Apple Analysis Over 2015: How The Bull Became A Bear  [View article]
    Semper idem.
    Dec 21, 2015. 03:38 PM | 1 Like Like |Link to Comment
  • BlackBerry Is A Better Stock Than Apple For 2016  [View article]
    Read today's WSJ article on BBRY.
    Dec 19, 2015. 05:18 PM | Likes Like |Link to Comment
  • Ford wins permit for public testing of self-driving cars  [View news story]
    What does "data driven health care for rural Africa" have to do with self driving cars, or any cars for that matter?
    Dec 15, 2015. 08:36 PM | 6 Likes Like |Link to Comment
  • Ford's sales in China break out in November  [View news story]
    Tdot
    Which means stagnation, no economic growth, and possibly deflation.
    As far as inflation is concerned, it depends on whose numbers are used and what components are calculated.
    With savers and seniors earning nothing on conservative savings, any inflation means a loss of income.
    Dec 10, 2015. 08:57 PM | Likes Like |Link to Comment
  • Chesapeake Energy sued by Pennsylvania AG over deceptive leases  [View news story]
    The Pa. AG has had her license to practice law suspended. She has been operating under a shroud of controversy including out and out lies. Tom Wolf, Pa. Governor and fellow democrat, has called for her resignation. The Pennsylvania legislature will soon conduct impeachment hearings.
    Regardless of the merits, it is a small wonder that she starts such a lawsuit now.
    Dec 9, 2015. 08:19 PM | 2 Likes Like |Link to Comment
  • Ford's sales in China break out in November  [View news story]
    cbroncos:
    Yes, needs have to be met. The question then becomes what is needed versus what has become an entitlement. A further question is how is an identified and accepted need going to be met in an efficient and responsible manner and provided to the truly needy. Politicians have created needs or provided far more than what is required to meet many essential needs, thus creating a bloated and oversized government which is then viewed as another need.
    My fiscal and political conservatism is based on a very simple fact. We all know what a wonder compounding interest is to creating wealth. What we forget is the effect of the other side of the coin---the compounding of interest on governmental debt. With interest on the federal debt now consuming in excess of 40% of the federal budget, that percentage grows annually. The logical and ultimate conclusion is that debt service will consume the entire budget.
    The artificially low interest rates created by the Fed have slowed this phenomenon at the expense of savers and older Americans. Mr. Obama likes to crow about the reductions in the annual federal deficit without acknowledging that any deficit will result in greater interest expense. Unfortunately, most Americans do not understand this truly scary phenomenon.
    Dec 9, 2015. 05:22 PM | 1 Like Like |Link to Comment
  • GE takes Electrolux deal off the table  [View news story]
    Buy Immelt a rudder.
    Dec 7, 2015. 10:09 PM | Likes Like |Link to Comment
  • Ford's sales in China break out in November  [View news story]
    If the Saudis are able to jack prices up to $100/barrel, get out of the way of frackers coming back in droves.
    Dec 7, 2015. 09:42 PM | Likes Like |Link to Comment
  • Electrolux says it is not in DoJ settlement talks over GE  [View news story]
    Immelt's strategy is supposed to be returning GE to its industrial roots. Why the sale of an industrial division? Granted, and as I understand it, the appliance business is currently only marginally profitable. But the sale of it has been on his mind for quite some time. Given that mindset, how much attention or investment has it received? Other than creating a large bonus pool, what will be done with the cash? Is GE's appliance business so attractive to Electrolux only for the probably illegal market domination in specific appliances and the pricing power it would entail? If that is the purpose, then both companies have been telling lies to the press and regulators. If that is not the reason, then Electrolux's purpose must be to make a reasonable profit in the business. Why can't Immelt do that? Maybe it's time for him to stop giving his attention to deals and look at improving the businesses GE already owns.
    Nov 23, 2015. 04:37 PM | Likes Like |Link to Comment
  • Quarz Capital Management's Open Letter (Dated Nov. 10, 2015) To Apple Pushing For Split Of Apple's Software And Services Operating Numbers  [View article]
    In Apple's case, the whole is worth more than the sum of its (integrated) parts.
    Nov 20, 2015. 01:30 AM | Likes Like |Link to Comment
  • Will Low Oil Prices Keep Driving Up Altria's Revenue?  [View article]
    Just because two graphs move somewhat in tandem or even in opposite directions is no reason to draw the kind of cause/effect correlation the author has attempted. can we correlate the price of iron ore to tobacco products?
    Nov 1, 2015. 05:25 PM | 1 Like Like |Link to Comment
  • Altria Now Supports Anheuser-Busch's Takeover Of SABMiller  [View article]
    INBEV is a combination of a Belgian and Brazilian companies. BUD's headquarters are now in Belgium, not St. Louis. The managing executives are Belgian/Brazilian. It is simply not an American company anymore regardless of stock ownership. Could Royal DUTCH Shell in any way be considered an American company even if Americans owned a majority of the shares? I'm not a xenophobe just a sentimental patriotic American who hates to see iconic American companies being picked off because of tax inversions.
    I wonder what the Clydesdales think about it.
    Oct 8, 2015. 09:25 PM | 4 Likes Like |Link to Comment
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