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  • Buy The Volkswagen Contagion? [View article]
    If the cars are illegal to be on the road, then VW may have to pay to recall all of them.
    Sep 23, 2015. 03:45 PM | 2 Likes Like |Link to Comment
  • Buy The Volkswagen Contagion? [View article]
    Not according to T&E
    "As a consequence of this and emissions from diesel machines, much urban air in Europe is not fit to breathe. The high levels of particles, nitrogen oxides and unburned fuel create a cocktail of harmful pollution. The effects are half a million premature deaths each year; a quarter of a million hospital admissions; and 100 million lost working days cumulatively costing over €900 billion."
    From our NIH
    "Long-term exposure to nitrogen oxides in smog can trigger serious respiratory problems, including damage to lung tissue and reduction in lung function. Exposure to low levels of nitrogen oxides in smog can irritate the eyes, nose, throat, and lungs. It can cause coughing, shortness of breath, fatigue, and nausea. "
    "How can particulate matter affect my health?
    High concentrations of particulate matter, especially the fine particles of particulate matter, have been found to present a serious threat to human health if they accumulate in the respiratory system. The way particulate matter can affect your health depends on the size of the particles and the level of their concentration in the air. The fine particles of particulate matter can be inhaled deeply into the lungs, where they remain embedded for long periods of time, or can be absorbed into the bloodstream. Prolonged exposure to fine particulate matter can cause increased respiratory disease, decreased lung function, chronic bronchitis, and even premature death due to respiratory problems.

    Deisel exhaust particulates are listed as "reasonably anticipated to be a human carcinogen" in the Thirteenth Report on Carcinogens published by the National Toxicology Program because long-term exposure to diesel exhaust may cause lung cancer and other lung damage.

    Short-term exposure to large particles of particulate matter can aggravate respiratory conditions such as asthma. It can also cause increased coughing, wheezing, respiratory irritation, and painful breathing.

    Particulate matter is especially harmful to people with lung diseases such as asthma, chronic bronchitis, chronic obstructive pulmonary disease, and emphysema. Other people who are sensitive to particulate matter exposure are children, the elderly, and people with heart disease."
    Sep 23, 2015. 03:43 PM | 3 Likes Like |Link to Comment
  • Buy The Volkswagen Contagion? [View article]
    Depends if Ford can make a profit in Europe. And if the euro goes up or down, and translates to EPS.
    Sep 23, 2015. 03:29 PM | 3 Likes Like |Link to Comment
  • IBM: Are We Being Realistic? [View article]
    What people don't realize is that IBM's workforce has grown larger over time. At the end of 2000, IBM employed 316,000 people. At the end of 2013, Bloomberg reported IBM had over 431,000 people. Some years will include divestitures and hence layoffs which were -35,000 people in 2014 who went primarily to the company acquiring the businesses. This is normal in M&A for large global companies.
    In February 2015, IBM had 15,000 job openings.
    I have heard on IBM webinars that IBM has around 400,000 in their global workforce. But this site claims that "IBM currently has 431,212 employees, which is more than Microsoft, Apple, and Google combined."
    In any case, IBM's workforce is strong and certainly isn't a problem, despite the Cringely and other negative bloggers.
    Sep 23, 2015. 01:41 PM | 1 Like Like |Link to Comment
  • IBM: Are We Being Realistic? [View article]
    Mainframes, their operating systems, as well as middleware which is software to develop applications, comprise IBM's wide moat.
    And the leadership continues...
    24 of the top 25 Fortune 500 companies use IBM Cloud Computing. Learn more:
    Why 47 of the top 50 Fortune 500 companies use IBM SaaS
    Sep 23, 2015. 01:11 PM | 1 Like Like |Link to Comment
  • 6 Best Performing S&P 100 Stocks [View article]
    I don't think chasing performance is a good idea for the long-term investor.
    Sep 23, 2015. 12:55 PM | 1 Like Like |Link to Comment
  • Buy The Volkswagen Contagion? [View article]
    People try to deflect the bad VW news by claiming everyone does it. That excuse won't hold up in court.
    Sep 23, 2015. 12:43 PM | 5 Likes Like |Link to Comment
  • Buy The Volkswagen Contagion? [View article]
    Brings into question why consumers would want to buy any car made in Europe.
    There is a study done in Europe that says " All new diesel cars should have met the Euro 6 auto emissions standard from 1 September – but just one in 10 tested complied with the legal limit. "
    Automakers make cars in the USA that have less emissions than in Europe. This is a real positive story that should boost our auto manufacturing here.
    "In fact just three out of 23 tested vehicles met the new standards when tested on the road. The main reason is Europe’s testing system is obsolete, allowing carmakers to use cheaper, less effective exhaust treatment systems in cars sold in Europe, according to newly released data. In contrast, diesel cars sold by the same manufacturers in the US, where limits are tighter and tests are more rigorous, have better exhaust treatment systems and produce lower emissions."
    Yes, you heard it right, in the USA we are actually doing something right. But you won't hear it on CNBC.
    Sep 23, 2015. 12:27 PM | 2 Likes Like |Link to Comment
  • Buy The Volkswagen Contagion? [View article]
    Volkswagen depends on China for most of their profitability, way more than GM. GM gets a huge piece of their profit in the USA and in US dollars. This story on Volkswagen is going to go on for a very long time. The costs are not known. You can read Fitch's opinion here.
    Fitch Places Volkswagen AG (VLKAY) on Watch for Ratings Cut
    If China decides to make an example out of VW, the financial repercussions for the company will be enormous.
    Populism is very much on the rise in the USA. I just don't think there is anything Volkswagen can do in the short term to make Americans buy their cars going forward. And I think any other car manufacturer who has installed this software is going to regret it. No one is going to want to merge with Volkswagen and take the hit. Shareholders of other companies would not approve the merger.
    So who do you think is going to benefit from global car sales going forward? I think it will be GM. GM is now highly monitored and regulated by the US government's agencies and is investment-grade with a stable outlook.
    I live in a wealthy city where because of the prestige, people drive foreign cars. However since the new GM, I have seen more people drive new Buicks, Chevys, and Cadillacs, especially SUVs. If they are buying them where I live, that says a lot. Recently I have seen brand new Chevy Camaro convertibles, and this would have been unheard of in the past. Toyotas and Hondas look old in comparison to the new GM cars.
    Sep 23, 2015. 11:25 AM | 6 Likes Like |Link to Comment
  • What IBM Looks Like With A 15 Multiple [View article]
    Watch the live demo at
    where Watson has digested the entire Wikipedia and tells you it is a reliable source. John Kelly says Watson is the next phase of computing and already is the industry standard. Very enlightening interview at Disrupt SF. Begins around 2:19 in the clip.
    Sep 21, 2015. 04:01 PM | 1 Like Like |Link to Comment
  • Are We On The Precipice Of Another 2008? [View article]
    First-half foreclosure starts 2015 were at their lowest level in any year since RealtyTrac began tracking in 2006 — a 10-year low.

    “U.S. foreclosure starts have not only returned to pre-housing crisis levels, they have fallen well below those pre-crisis levels and are still searching for a floor, down 4 percent from a year ago,” said Daren Blomquist, vice president at RealtyTrac. “Loans originated in the last five years continue to perform better than historic norms, with tighter lending standards and more cautious borrower behavior acting as important guardrails for the real estate boom of the past three years.”

    There were 19 states where foreclosure starts in the first half of 2015 were at or below their pre-crisis levels of 2006, including California, Florida, Arizona, Georgia and Illinois.
    Sep 12, 2015. 11:23 AM | 3 Likes Like |Link to Comment
  • Are We On The Precipice Of Another 2008? [View article]
    "The Banking System is Far Healthier

    By late 2007 and mid 2008, banks' credit default swaps were surging and many had already blown out to record highs. The largest banks in the USA were all seeing substantial moves in CDS well before the panic struck in 2008. "

    What I would like to know is what has been done to curtail risk created by the big banks? I don't think voters are going to put up with this again.
    Sep 12, 2015. 10:09 AM | 3 Likes Like |Link to Comment
  • Are We On The Precipice Of Another 2008? [View article]
    States balance their budgets every year and many of them, including my state of TN, have seen their credit ratings improve. Moody's has assigned TN's GO bonds the rating of Aaa, the highest credit rating there is.
    Sep 12, 2015. 10:03 AM | 2 Likes Like |Link to Comment
  • Content Licensing Will Be A Key Driver For CBS's Future Growth Amid Changing Media Landscape [View article]
    This article is interesting and says that
    "Wednesday September 2, 2015 4:14 PM PDT by Juli Clover
    CBS Sports this week announced it will expand its streaming NFL coverage on the Apple TV, with plans to stream two regular season games, four playoff games, and Super Bowl 50.

    The games will be available on laptops, computers, and tablets via, in addition to being available on connected television devices like the Apple TV, Roku, Xbox One, and Chromecast. Games will be streamed live and will be free to watch, with no cable authentication required. "

    Advertising dollars on digital media.
    Sep 11, 2015. 03:59 PM | Likes Like |Link to Comment
  • 8 Iconic American Companies That Have Been Hurt By The Strong Dollar [View article]
    When the market gives you lemons, make lemonade. In other words, buy stocks that are at a value because of the strong dollar. It won't be this way forever. Find cheap stocks to buy when they are thrown out...after you do your research of course.
    Sep 11, 2015. 01:31 PM | 1 Like Like |Link to Comment