magi48's Comments magi48's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/314634/comments Main Street Capital (MAIN) announces an increase in commitments to its line of credit, with the total now $352.5M from $287.5M previously. The credit facility's accordion feature is upsized, meaning the amount could go as high as $425M. The company currently has $110M drawn on the line. (PR) http://seekingalpha.com/currents/post/1012981?source=feed#comment-18629251 18629251 million. But they are as of now, using $110 million dollars.]]> Thu, 09 May 2013 12:14:30 -0400 million. But they are as of now, using $110 million dollars.]]> More from the NY Attorney General: Schneiderman is set to sue Bank of America (BAC +2.2%) and Wells Fargo (WAC +0.3%) for "repeatedly violating" the terms of the $26B mortgage settlement, reports the NYT. At issue are improvements in servicing standards such as ending the bureaucratic nightmare of loan mods or foreclosure relief. Schneiderman's office has reportedly documented 210 violations against Wells, and 129 against BofA since October. http://seekingalpha.com/currents/post/1000531?source=feed#comment-18491841 18491841 Mon, 06 May 2013 10:28:36 -0400 AT&T (T -0.5%) is set to launch new prepaid plans on June 15 under a brand called All in One, Fierce Wireless reports. The services will reportedly include a $35/month feature phone plan and a $50/month smartphone plan, with each supporting unlimited voice and text to go with a data bucket. The report comes a week after AT&T reported a Q1 net loss of 184K prepaid subs, a number that contrasts unfavorably with Verizon's (VZ) 43K net gain. Verizon recently launched a $35/month prepaid plan for feature phones, and $60-$70/month prepaid plans for smartphones. http://seekingalpha.com/currents/post/998221?source=feed#comment-18425221 18425221 Fri, 03 May 2013 18:55:43 -0400 Nelson Peltz discloses stakes in Mondelez (MDLZ) and PepsiCo (PEP), following earlier reports the billionaire could be pushing for a merger of the food giants, and PEP says it has held meetings with Peltz's Trian Fund Management in recent weeks to consider its "ideas and initiatives" for long-term growth. Trian says it owned 3.9M PEP shares and 19.4M shares in MDLZ as of Dec. 31. MDLZ +2.3%, PEP +0.8% premarket. http://seekingalpha.com/currents/post/954071?source=feed#comment-18054831 18054831 Wed, 24 Apr 2013 19:21:37 -0400 Whisper Number Impact: Earnings Preview For Altria http://seekingalpha.com/article/1368521/comments?source=feed#comment-18054651 18054651 Wed, 24 Apr 2013 19:19:02 -0400 Nelson Peltz discloses stakes in Mondelez (MDLZ) and PepsiCo (PEP), following earlier reports the billionaire could be pushing for a merger of the food giants, and PEP says it has held meetings with Peltz's Trian Fund Management in recent weeks to consider its "ideas and initiatives" for long-term growth. Trian says it owned 3.9M PEP shares and 19.4M shares in MDLZ as of Dec. 31. MDLZ +2.3%, PEP +0.8% premarket. http://seekingalpha.com/currents/post/954071?source=feed#comment-17836281 17836281 Fri, 19 Apr 2013 12:00:22 -0400 AIG wins a legal battle, a federal appeals court ruling its $10B lawsuit against Bank of America (BAC) over mortgage losses belongs in state, not federal court. Filed in 2011, the case has been on hold while the venue is determined, but stems from what AIG claims were frauds and misrepresentations on $28B of MBS purchased from BofA, Merrill, and Countrywide. http://seekingalpha.com/currents/post/954541?source=feed#comment-17836081 17836081 legal affairs in order. A bank with legal problems this big, doesn't strike me as a good investment. Where else do they get the money for the huge legal fees?]]> Fri, 19 Apr 2013 11:54:46 -0400 legal affairs in order. A bank with legal problems this big, doesn't strike me as a good investment. Where else do they get the money for the huge legal fees?]]> PepsiCo: $6.4 Billion Is Rewarding For Investors But At What Cost? http://seekingalpha.com/article/1318291/comments?source=feed#comment-17751881 17751881 Wed, 17 Apr 2013 16:00:56 -0400 Take The Long Road On Bank Of America To Double-Digit Returns http://seekingalpha.com/article/1328111/comments?source=feed#comment-17448401 17448401 Wed, 10 Apr 2013 11:06:54 -0400 Heinz Arbitrage Trade: Reject Buffett's Offer II http://seekingalpha.com/article/1247111/comments?source=feed#comment-16982621 16982621 Fri, 29 Mar 2013 11:14:10 -0400 Heinz, Is Anyone Listening Or Is Everyone Blind? http://seekingalpha.com/article/1226071/comments?source=feed#comment-15582181 15582181 Wed, 27 Feb 2013 12:05:19 -0500 A SEC filing (8-K) by Heinz (HNZ -0.2%) reveals that the merger agreement with Berkshire Hathaway includes a large $1.4B termination fee. Also buried in the document is word that J.P. Morgan and Wells Fargo have committed to provide $14.1B of new debt financing for the transaction. http://seekingalpha.com/currents/post/831621?source=feed#comment-15046371 15046371 Fri, 15 Feb 2013 12:42:23 -0500 AT&T: Not Just For Pensions And Widows http://seekingalpha.com/article/1133851/comments?source=feed#comment-14156881 14156881 Fri, 25 Jan 2013 12:32:18 -0500 It's going to keep getting harder to find a cigarette in 2013 if the state legislatures across the country get their way. Higher cigarette taxes are on the docket in a number of states with traditionally high numbers of smokers. Minnesota in particular, where nearly 16% of the population still smokes, the governor is seeking to boost the state cigarette tax rate to a new rate of $2.83 per pack, a move which is being lauded across the board by anti-smoking advocates. http://seekingalpha.com/currents/post/773691?source=feed#comment-14015621 14015621 Many Politicians smoke and drink. People who do either one or both, probably are addicted to the addictive properties of the products.
But they are legal products, smokers and consumers of alcohol are not criminals.]]> Tue, 22 Jan 2013 14:42:34 -0500 Many Politicians smoke and drink. People who do either one or both, probably are addicted to the addictive properties of the products.
But they are legal products, smokers and consumers of alcohol are not criminals.]]> Bank Of America Surges Ahead Again http://seekingalpha.com/article/861171/comments?source=feed#comment-9421981 9421981 Thu, 13 Sep 2012 16:50:16 -0400 Should You Buy Coca-Cola Now? http://seekingalpha.com/article/831571/comments?source=feed#comment-8841231 8841231 Tue, 28 Aug 2012 00:25:34 -0400 Bank Of America A Long-Term Buy At Current Prices http://seekingalpha.com/article/831021/comments?source=feed#comment-8830711 8830711 good dividend. We can't look to this banks past for investment choices, because too much bad information was on the books.
And there are still questions that have to be answered from the banking world. Which includes BAC. Look to invest in this institution 5 to 8 years from now.]]> Mon, 27 Aug 2012 16:58:35 -0400 good dividend. We can't look to this banks past for investment choices, because too much bad information was on the books.
And there are still questions that have to be answered from the banking world. Which includes BAC. Look to invest in this institution 5 to 8 years from now.]]> Consolidated Edison: Inside The Numbers http://seekingalpha.com/article/803691/comments?source=feed#comment-8367541 8367541 Mon, 13 Aug 2012 17:48:08 -0400 AT&T: An Insider Just Made A $2 Million Purchase In This Telecom Stock http://seekingalpha.com/article/769971/comments?source=feed#comment-8034211 8034211 Thu, 02 Aug 2012 14:39:10 -0400 AT&T: An Insider Just Made A $2 Million Purchase In This Telecom Stock http://seekingalpha.com/article/769971/comments?source=feed#comment-8034071 8034071 Thu, 02 Aug 2012 14:36:56 -0400 AT&T: An Insider Just Made A $2 Million Purchase In This Telecom Stock http://seekingalpha.com/article/769971/comments?source=feed#comment-7999141 7999141 Wed, 01 Aug 2012 16:24:45 -0400 AT&T: An Insider Just Made A $2 Million Purchase In This Telecom Stock http://seekingalpha.com/article/769971/comments?source=feed#comment-7999131 7999131 It took a huge hit, when that merger failed to go through. Now an insider buys $2 million in stock. Hmm!]]> Wed, 01 Aug 2012 16:24:44 -0400 It took a huge hit, when that merger failed to go through. Now an insider buys $2 million in stock. Hmm!]]> BAC: $10.4 Billion Sale A Reason To Buy Now http://seekingalpha.com/article/662781/comments?source=feed#comment-6491081 6491081 see daylight for at least 4 or 5 years from now.]]> Sat, 16 Jun 2012 15:46:26 -0400 see daylight for at least 4 or 5 years from now.]]> How Risky Is Annaly Capital? http://seekingalpha.com/article/291768/comments?source=feed#comment-1890515 1890515 Wed, 07 Sep 2011 12:58:40 -0400