Remyngton's Comments Remyngton's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/2857741/comments New York City is ~1200 miles away from the Gulf of Mexico, but that doesn't stop it from suing BP for more than $39M in losses it claims beneficiaries of the city's pension funds suffered due to BP's "misconduct and fraudulent behavior" linked to the 2010 Deepwater Horizon oil spill. http://seekingalpha.com/currents/post/975461?source=feed#comment-19217841 19217841 Fri, 24 May 2013 14:47:42 -0400 Gleacher (GLCH +1.5%) says it's CEO, Thomas J. Hughes, and COO, John Griff, have been fired. The announcement comes after shareholders yesterday backed a slate of five directors nominated by MatlinPatterson Global Advisers, the beleaguered advisory firm's biggest outside investor. http://seekingalpha.com/currents/post/1046661?source=feed#comment-19217711 19217711
What will this new board do ???]]> Fri, 24 May 2013 14:41:16 -0400
What will this new board do ???]]> How did BP's (BP +2.2%) surprising Q1 results catch analysts so off guard? Improved production at the Tangguh LNG project in Indonesia plus strong LNG prices in Asia likely helped BP earn more from gas trading, estimated by Bernstein analysts at an extra $400M. Refinery availability was over 95%, enabling BP to maximize the benefit from higher refining margins, adding another $300M to Q1 profit. http://seekingalpha.com/currents/post/982411?source=feed#comment-18272721 18272721 Tue, 30 Apr 2013 11:57:28 -0400 "I wish I hadn't bought Newsweek. It was a mistake," says InterActiveCorp (IACI -0.3%) chairman Barry Diller, who just resigned from TripAdvisor's board. IAC's Newsweek Daily Beast JV has been an albatross for the company, as it tries to get the business to turn a profit while shifting to an all-digital model. Diller also claims TV broadcasters are trying to use Congress to shut down IAC-backed Aereo, and suggests Aereo could start offering additional content if it reaches 10M-20M subs (that could take a while); the service will arrive in Boston in May. (more on Aereo) http://seekingalpha.com/currents/post/978251?source=feed#comment-18232771 18232771 Mon, 29 Apr 2013 14:07:09 -0400 "OK, so I made a bad call at the Barron's roundtable," tweets Bill Gross. "I would still buy gold here. World reflating." After a morning bounce, gold has returned to the session low at $1,388/oz. GLD -6.7%. http://seekingalpha.com/currents/post/942791?source=feed#comment-18185841 18185841 Sun, 28 Apr 2013 08:38:25 -0400 Paul Krugman: "The austerity agenda looks a lot like a simple expression of upper-class preferences, wrapped in a facade of academic rigor. What the top 1% wants becomes what economic science says we must do." Ken Langone responds: Runaway deficits are the older generation "stealing" from the young, and Paul Krugman has never met a payroll and doesn't have to worry about profit margins. http://seekingalpha.com/currents/post/976091?source=feed#comment-18174481 18174481 Sat, 27 Apr 2013 14:32:06 -0400 New York City is ~1200 miles away from the Gulf of Mexico, but that doesn't stop it from suing BP for more than $39M in losses it claims beneficiaries of the city's pension funds suffered due to BP's "misconduct and fraudulent behavior" linked to the 2010 Deepwater Horizon oil spill. http://seekingalpha.com/currents/post/975461?source=feed#comment-18147481 18147481 Fri, 26 Apr 2013 15:23:11 -0400 The New York Times' (NYT) flagship paper is suffering from a crisis in the newsroom with support fading rapidly for executive editor Jill Abramson, according to Politco. In a biting article, more than a dozen current and former staffers unloaded on the exec with unflattering comments. Earlier this week, the company unveiled plans to build franchises around NYT brands, though it's somewhat unclear if the big picture includes Abramson. http://seekingalpha.com/currents/post/964121?source=feed#comment-18039761 18039761 Wed, 24 Apr 2013 13:51:02 -0400 "OK, so I made a bad call at the Barron's roundtable," tweets Bill Gross. "I would still buy gold here. World reflating." After a morning bounce, gold has returned to the session low at $1,388/oz. GLD -6.7%. http://seekingalpha.com/currents/post/942791?source=feed#comment-17647961 17647961
bullish at $1900
bullish at $1800
bullish at $1700
bullish at $1600
bullish at $1500
bullish at $1400


.]]> Mon, 15 Apr 2013 12:24:32 -0400
bullish at $1900
bullish at $1800
bullish at $1700
bullish at $1600
bullish at $1500
bullish at $1400


.]]> Trouble is brewing ahead of BP's (BP -0.7%) annual shareholder meeting tomorrow, with some investors planning to ­protest the pay and performance of chairman Carl-Henric Svanberg. But with the protest taking the form of abstentions rather than outright "nos," the votes likely will go BP’s way. Meanwhile, BP’s share price remains 30% lower than it was before the 2010 Gulf oil spill. http://seekingalpha.com/currents/post/936151?source=feed#comment-17459031 17459031
XOM and CVX have outperformed BP by 30-40% over the last 3 years , even after Macondo]]> Wed, 10 Apr 2013 14:34:14 -0400
XOM and CVX have outperformed BP by 30-40% over the last 3 years , even after Macondo]]> Apple (AAPL +2%) roundup: 1) Jim Cramer states Apple is "becoming the J.C. Penney of tech," while suggesting sentiment has become too negative. 2) The state-owned Chinese press has become more positive on Apple following Tim Cook's apology letter. 3) The USPTO has reaffirmed the Oct. invalidation of Apple's "rubber-banding" patent, which was successfully asserted against Samsung. 4) Apple has hired much of the team behind the original Segway, including robotics expert John Morrell. No word on what project Morrell is working on. (Goldman) http://seekingalpha.com/currents/post/920731?source=feed#comment-17132131 17132131
Negatively ,
The EPS has been cut 14 times in the last 2 months by the street
FQ 2012 gross margins were 48% , now they are 38% , back to 2011 levels
FQ 2012 Net income as % revenue 28% , now 23%

Positively , by the end of the December quarter, Apple has used just under $2 billion of the $10 billion authorized for share buybacks , and of course there's the cash fortress]]> Tue, 02 Apr 2013 17:43:17 -0400
Negatively ,
The EPS has been cut 14 times in the last 2 months by the street
FQ 2012 gross margins were 48% , now they are 38% , back to 2011 levels
FQ 2012 Net income as % revenue 28% , now 23%

Positively , by the end of the December quarter, Apple has used just under $2 billion of the $10 billion authorized for share buybacks , and of course there's the cash fortress]]> Apple (AAPL +2%) roundup: 1) Jim Cramer states Apple is "becoming the J.C. Penney of tech," while suggesting sentiment has become too negative. 2) The state-owned Chinese press has become more positive on Apple following Tim Cook's apology letter. 3) The USPTO has reaffirmed the Oct. invalidation of Apple's "rubber-banding" patent, which was successfully asserted against Samsung. 4) Apple has hired much of the team behind the original Segway, including robotics expert John Morrell. No word on what project Morrell is working on. (Goldman) http://seekingalpha.com/currents/post/920731?source=feed#comment-17129551 17129551 He was bullish March 5 , and no longer as of today

The stock has fallen $290 before he downgraded the stock ... you think he's good ???]]> Tue, 02 Apr 2013 16:39:24 -0400 He was bullish March 5 , and no longer as of today

The stock has fallen $290 before he downgraded the stock ... you think he's good ???]]> Goldman removes Apple (AAPL) from its Conviction Buy list and pares its price target to $575 from $660. http://seekingalpha.com/currents/post/919561?source=feed#comment-17124331 17124331
Let me know when they upgrade it ]]> Tue, 02 Apr 2013 14:42:04 -0400
Let me know when they upgrade it ]]> Apple (AAPL +2%) roundup: 1) Jim Cramer states Apple is "becoming the J.C. Penney of tech," while suggesting sentiment has become too negative. 2) The state-owned Chinese press has become more positive on Apple following Tim Cook's apology letter. 3) The USPTO has reaffirmed the Oct. invalidation of Apple's "rubber-banding" patent, which was successfully asserted against Samsung. 4) Apple has hired much of the team behind the original Segway, including robotics expert John Morrell. No word on what project Morrell is working on. (Goldman) http://seekingalpha.com/currents/post/920731?source=feed#comment-17124321 17124321 Tue, 02 Apr 2013 14:41:58 -0400 In an irony of ironies, Ackman, Loeb, and Icahn have all profited from their Herbalife (HLF) trades to the tune of $200M, $50M, and $25M respectively. As WSJ puts it, "for all the bluster and bravado, timing is everything in financial markets." Shareholders meanwhile, have been taken for a harrowing ride as the hedge fund titans battle it out.  http://seekingalpha.com/currents/post/917671?source=feed#comment-17116051 17116051
BTW , it's .... comeuppance , not , " comeupins"]]> Tue, 02 Apr 2013 12:14:01 -0400
BTW , it's .... comeuppance , not , " comeupins"]]> "Run for the hills," says Jim Rogers, busy making sure all of his bank accounts are within guaranteed levels. With the IMF and the EU saying its ok to loot bank accounts, a precedent has been set, he says, and the next country getting in trouble will point to Cyprus and do the same thing. "What more do you need to know ... the gall of these politicians." http://seekingalpha.com/currents/post/915451?source=feed#comment-17107671 17107671
He loves to hear himself talk , and ever since splitting from Soros 40+ years ago , he suffers from a major Napoleon complex]]> Tue, 02 Apr 2013 09:36:59 -0400
He loves to hear himself talk , and ever since splitting from Soros 40+ years ago , he suffers from a major Napoleon complex]]> Dr. Marc Faber's Market Outlook For 2013 http://seekingalpha.com/article/1086011/comments?source=feed#comment-17070451 17070451 Mon, 01 Apr 2013 11:23:12 -0400 In an irony of ironies, Ackman, Loeb, and Icahn have all profited from their Herbalife (HLF) trades to the tune of $200M, $50M, and $25M respectively. As WSJ puts it, "for all the bluster and bravado, timing is everything in financial markets." Shareholders meanwhile, have been taken for a harrowing ride as the hedge fund titans battle it out.  http://seekingalpha.com/currents/post/917671?source=feed#comment-17067121 17067121 Mon, 01 Apr 2013 10:18:20 -0400 "Whether I give you the dollar and you go spend it or invest it, or I reinvest it for you, it's still your dollar," says Gramercy Capital (GKK +7.1%) CEO Gordon DuGan. As Gramercy works to build up the recurring cash flows necessary to restore a payout, investors can be comforted by tasty capital gains. SA Pro author Chris DeMuth - a bull on the stock at half of today's level -  says things are going as planned. http://seekingalpha.com/currents/post/915821?source=feed#comment-16956891 16956891 Thu, 28 Mar 2013 17:57:03 -0400 "Run for the hills," says Jim Rogers, busy making sure all of his bank accounts are within guaranteed levels. With the IMF and the EU saying its ok to loot bank accounts, a precedent has been set, he says, and the next country getting in trouble will point to Cyprus and do the same thing. "What more do you need to know ... the gall of these politicians." http://seekingalpha.com/currents/post/915451?source=feed#comment-16945251 16945251 Thu, 28 Mar 2013 14:16:26 -0400 The battle for Boston: Caesers Entertainment (CZR -1.6%) schedules three open houses near Boston as it ratchets up its fight against Wynn Resorts (WYNN +0.5%) to land the sole gambling license in the Boston area. Gaming officials are expected to issue the license early next year, but signals on which company will be the winner could come sooner. http://seekingalpha.com/currents/post/915651?source=feed#comment-16944311 16944311 .
Whomever gives Mayor Mumbles Menino the biggest satchel of cash will win the bid --- as usual


.]]> Thu, 28 Mar 2013 13:55:28 -0400 .
Whomever gives Mayor Mumbles Menino the biggest satchel of cash will win the bid --- as usual


.]]> Brazil puts in a sharp reversal after a gauge of inflation slows and President Rousseff - speaking in South Africa - says anti-inflation policies are outdated. The two combine to give hope the central bank will refrain from what was thought to be an imminent hike in rates. EWZ +0.6%. The real (BZF) declines for a 7th straight day. http://seekingalpha.com/currents/post/912671?source=feed#comment-16890221 16890221 Wed, 27 Mar 2013 13:29:58 -0400 Just when you think the smoke has cleared: Mitsubishi Motors (MMTOY.PK) reports two recent accidents involving lithium-ion batteries manufactured by its joint venture with GS Yuasa (GYUAF.PK), the maker of batteries used in Boeing's (BA -1.1%) grounded 787 Dreamliner. The Japanese auto maker said a lithium-ion battery pack used in its i-MiEV model electric car caught fire while charging during a test inspection at a company plant in Okayama last week, while in another incident, a battery installed in one of its Outlander PHEV hybrids overheated, melting the cell and part of the battery pack. http://seekingalpha.com/currents/post/912641?source=feed#comment-16890111 16890111 Wed, 27 Mar 2013 13:28:41 -0400 Nomura's incorrigible bear Bob Janjuah says S&P to dip 5-10% in Q2 before hitting new nominal highs in Q3. Janjuah remains "as convinced as ever" that bullishness will "come under extreme pressure" late in the year. For now he recommends "getting short risk at a S&P level of 1550 … looking for a move down to 1450." http://seekingalpha.com/currents/post/910741?source=feed#comment-16846521 16846521 Tue, 26 Mar 2013 17:14:53 -0400 "What we are witnessing is the slow death of the European project," says Athanasios Orphanides, former Central Bank of Cyprus Governor. What we have, he says, are decisions being taken in Germany sequentially spreading misery to the periphery, and now it's blackmailed the Cypriot government into confiscating its citizens deposits. No one in a small or weak country should feel safe. http://seekingalpha.com/currents/post/896881?source=feed#comment-16504851 16504851 Tue, 19 Mar 2013 13:58:19 -0400 Little Cyprus is bringing a dangerous new variable into the European bailout crisis, warns Dennis Gartman - the Russian mafia. "Everybody knows that the vast majority of the deposits in Cyprus are from Russia," Gartman says. "They're Russian government officials, they're Russian businessmen, it's Russian mafia – and you don't mess with the Russian mafia." He calls the eurozone demand over the weekend absolute "lunacy on the part of the European monetary authorities." http://seekingalpha.com/currents/post/895661?source=feed#comment-16470201 16470201 Mon, 18 Mar 2013 21:05:26 -0400 "You should be investigated." "No, you should." That's about the gist of the latest exchanges between Bill Ackman and Herbalife (HLF -0.7%). Ackman yesterday backed a call from the National Consumers League to probe the company for possibly being a pyramid scheme. Herbalife responds by accusing Ackman of making "a reckless $1B bet against the company based on knowingly false statements." http://seekingalpha.com/currents/post/885301?source=feed#comment-16228021 16228021 Wed, 13 Mar 2013 11:37:09 -0400 "You should be investigated." "No, you should." That's about the gist of the latest exchanges between Bill Ackman and Herbalife (HLF -0.7%). Ackman yesterday backed a call from the National Consumers League to probe the company for possibly being a pyramid scheme. Herbalife responds by accusing Ackman of making "a reckless $1B bet against the company based on knowingly false statements." http://seekingalpha.com/currents/post/885301?source=feed#comment-16227941 16227941
1 comment history , pro-HLF

desperate move , SHILL]]> Wed, 13 Mar 2013 11:36:29 -0400
1 comment history , pro-HLF

desperate move , SHILL]]> Illinois has become only the second state to be accused of securities fraud, with the SEC saying that it misled bond investors from 2005-2009 about the ever-worsening condition of its public workers' retirement plans by claiming that it was properly funding the scheme when it wasn't. However, while Illinois has agreed to a cease-and-desist order, it has escaped any fines and it hasn't had to admit any wrongdoing. (PR) http://seekingalpha.com/currents/post/881571?source=feed#comment-16172431 16172431
If there's anything we know about the politicians who serve there , it's that they are all , ALL , scammers


...]]> Tue, 12 Mar 2013 09:31:37 -0400
If there's anything we know about the politicians who serve there , it's that they are all , ALL , scammers


...]]> Steve Jacobs, Las Vegas Sands' (LVS) former top executive in Macau, has made further allegations against Sheldon Adelson in a recent court filing, accusing LVS's CEO of ordering Jacobs to threaten Edmund Ho, the then-head of the region's government. While the nature of the threat isn't specified, Jacobs, who's suing LVS for wrongful termination, was told to remind Ho how Adelson had helped him out with a $40M lawsuit. http://seekingalpha.com/currents/post/881471?source=feed#comment-16172361 16172361
ha ha ha]]> Tue, 12 Mar 2013 09:29:37 -0400
ha ha ha]]>