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wigit5

wigit5
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  • Qualcomm's Snapdragon 800: Wait Just A Minute... [View article]
    Interesting catch, I wonder why they test it on that instead of using a standard smartphone and a tablet separately
    Jun 28 09:49 AM | Likes Like |Link to Comment
  • A London petroleum engineering professor hired by BP claims the U.S. government overestimated by 50% the amount of oil that spewed from the Macondo well in 2010, a finding that could cut the maximum Clean Water Act penalties BP faces by up to $7B. The issue will be the main bone of contention during the second phase of a civil trial set to begin in September. [View news story]
    you should unsubscribe this thread will be filled with them lol..
    Jun 28 09:09 AM | 2 Likes Like |Link to Comment
  • Sony (SNE) discloses in a SEC filing that it sold video and medical equipment to a dealer in Dubai that then resold the products to Iran in violation of U.S. sanctions against the nation. By the letter of the law, the U.S. government could seek fines against Sony. (20-F[View news story]
    I don't understand how this works... Sony sells something to someone else then they resell it to someone we (the US) don't like so we fine Sony?

    Did Sony admit to knowing they would resell to someone in Iran?


    Are all the stores in the world that sell kitchen knives responsible for deaths by kitchen knife stabbings?
    Jun 28 08:53 AM | Likes Like |Link to Comment
  • A Deal With China Mobile Could Be A Catalyst For Apple [View article]
    Did this get necro'd or something? I swear this exact article was out 3-6 months ago.
    Jun 28 08:49 AM | Likes Like |Link to Comment
  • The World Bank plans to restrict its financing of coal-fired power plants (KOL) to "rare circumstances," according to a draft strategy that reflects the U.S.-led lender’s increased focus on climate change. “To the extent that you’re preventing the world from using coal, you’re preventing the U.S. from creating jobs to mine it and export it," the National Mining Association responds. [View news story]
    Nat Gas prices in most other developed countries is north of 8$. Africa has coal reserves and they currently export it.

    Africa is also in the process of getting their natural gas fields developed but their infrastructure is much worse then the rest of the world so it will probably be expensive for at least 5 years until some of it gets built up.
    Jun 27 12:30 PM | Likes Like |Link to Comment
  • Seadrill (SDRL +1.7%) and Malaysia’s Sapura Kencana land a $2.7B contract from Petrobras (PBR +0.7%) for three flexible deepwater pipe-laying support vessels via the duo's 50/50 joint venture, which will build, charter and operate the PLSVs for a firm period of eight years with an option to extend for eight more years. [View news story]
    Love this good news
    Jun 27 10:29 AM | 2 Likes Like |Link to Comment
  • The World Bank plans to restrict its financing of coal-fired power plants (KOL) to "rare circumstances," according to a draft strategy that reflects the U.S.-led lender’s increased focus on climate change. “To the extent that you’re preventing the world from using coal, you’re preventing the U.S. from creating jobs to mine it and export it," the National Mining Association responds. [View news story]
    Natural gas is only cheaper then coal in North America, the Germans were shutting down NG plants in favor of coal as recently as Q1 of this year if my memory isn't failing me.

    I do need to listen to NPR more even if I don't like it that much... hard to keep up with stuff these days though life is hectic enough as it is to add another medium of news to watch.
    Jun 27 10:00 AM | Likes Like |Link to Comment
  • Procter & Gamble (PG) says it will convert up to 20% of its outsourced truck load shipments to natural gas vehicles within the next two years. Keep an eye on Cummins (CMI), Westport Innovation (WPI), and Navistar (NAV) off the news which bodes well for the sector. [View news story]
    600 miles sounds pretty good, I can only go about 460 miles in my C350
    Jun 27 09:58 AM | Likes Like |Link to Comment
  • The World Bank plans to restrict its financing of coal-fired power plants (KOL) to "rare circumstances," according to a draft strategy that reflects the U.S.-led lender’s increased focus on climate change. “To the extent that you’re preventing the world from using coal, you’re preventing the U.S. from creating jobs to mine it and export it," the National Mining Association responds. [View news story]
    Wonder how many coal plants they helped fund to start with.. gonna poke around and see if I can find out.
    Jun 27 09:06 AM | 1 Like Like |Link to Comment
  • The World Bank plans to restrict its financing of coal-fired power plants (KOL) to "rare circumstances," according to a draft strategy that reflects the U.S.-led lender’s increased focus on climate change. “To the extent that you’re preventing the world from using coal, you’re preventing the U.S. from creating jobs to mine it and export it," the National Mining Association responds. [View news story]
    Coal names needed a little more blood eh?
    Jun 27 08:57 AM | Likes Like |Link to Comment
  • Seadrill (SDRL) increases its stake in struggling rival Sevan Drilling (SDRNF.OB) to 50.1% and will make a mandatory offer for the rest of the company. SDRL is reacting to Sevan's recently revealed financing plan to issue $500M in senior secured bonds and finalize a $1.45B corporate bank facility to refinance outstanding debt, which SDRL calls "value destructive for shareholders." [View news story]
    hmm wonder what this does to $SDRL if they end up acquiring the whole company...
    Jun 27 08:44 AM | 1 Like Like |Link to Comment
  • Procter & Gamble (PG) says it will convert up to 20% of its outsourced truck load shipments to natural gas vehicles within the next two years. Keep an eye on Cummins (CMI), Westport Innovation (WPI), and Navistar (NAV) off the news which bodes well for the sector. [View news story]
    Converting trucks makes the most sense in my opinion, I wonder how far a trucker can drive on a full NG tank though... will they have to stop more to fill up?

    I wouldn't mind driving a NG Car either but I think if you start with just big rigs hauling you can slowly build out infrastructure and eventually cars will make sense too.
    Jun 27 08:42 AM | 2 Likes Like |Link to Comment
  • ConocoPhillips-led (COP) Freeport LNG is seeking financing to start construction next year on its $11B natural gas export facility in Texas that in six years is scheduled to ship 2.1B cubic feet/day of gas. One train a year is expected to open in 2017, 2018 and 2019, CEO Michael Smith says; financing will have equity and debt components. (earlier[View news story]
    I'd love to get a piece of that... first major LNG export out of the US... gonna make some money assuming the rest of the world doesn't assimilate/adapt fracking to their own countries.
    Jun 27 08:36 AM | Likes Like |Link to Comment
  • New federal rules will limit the amount of fat, salt, and sugar in school lunches. Vending machines will be limited to 200 calories per item and 12-ounce drinks cannot exceed 60 calories which will cut out many products from soda companies (KO, PEP, DPS). [View news story]
    lol spinrbait win/win for the soda co's!
    Jun 27 08:22 AM | 1 Like Like |Link to Comment
  • Upcoming Positive Catalyst For The Market [View article]
    Thanks for pointing this out Paulo! Hopefully the Fed gets lucky and they can ween the world off QE while the economy improves...
    Jun 26 02:58 PM | Likes Like |Link to Comment
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