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Momintn

Momintn
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  • GM ends with sharp loss after Barclays downgrades auto sector [View news story]
    On GM's Balance sheet they have property and equipment at $36.6B, and cash and short term instruments $25.5B. so ask Jeff Smith what GM is worth?
    Jul 16, 2015. 08:41 PM | 9 Likes Like |Link to Comment
  • GM to spend $1.4B on Arlington plant upgrade [View news story]
    http://cnb.cx/1SqjMgA

    "Sales of the big GM SUVs are up more than 10 percent through June, according to Autodata Corp. GM has sold more than 111,000 of the truck-based vehicles this year as low gas prices have helped shift U.S. buyers away from cars and into SUVs of all sizes."

    "The full-size SUVs also are among GM's most profitable. Analysts say GM makes more than $10,000 per vehicle. When loaded with options, a Cadillac Escalade, the most expensive of the SUVs, can run more than $90,000."
    Jul 16, 2015. 08:13 PM | 1 Like Like |Link to Comment
  • IBM Should Spin Off Its Legacy Business Of Installing Software And Consulting Services [View article]
    M&A and spinoffs serves Wall Street and banks more than it does business and the economy. IBM is too customer-oriented to subject them to the competition two IBM's would bring.
    Jul 16, 2015. 08:04 PM | 4 Likes Like |Link to Comment
  • IBM Should Spin Off Its Legacy Business Of Installing Software And Consulting Services [View article]
    I don't think you understand how applications work and are interrelated.
    Jul 16, 2015. 12:41 PM | 15 Likes Like |Link to Comment
  • Opel June European car registrations: +7.6% [View news story]
    If you look at the pdf above you will see that Opel group marketshare is 7.4% in June, same as Ford. FCA group, BMW group, Daimler, Toyota, Nissan, Hyundai, Kia, Volvo, Mazda, Jaguar Land Rover group, Suzuki, Mitsubishi, Honda are all lower marketshare.
    Jul 16, 2015. 12:33 PM | 1 Like Like |Link to Comment
  • Applied Materials closes down 2.2% after setting FY18 guidance [View news story]
    So why is it selling off?
    Jul 16, 2015. 12:18 PM | Likes Like |Link to Comment
  • Premarket Biotech Digest: Pfizer In China, Anavex Alzheimer's Focus [View article]
    Pfizer screens high on volume when people are buying stocks. Pfizer has a strong pipeline lead by Ibrance for breast cancer and now owns Hospira which is a top provider of sterile injectable drugs for infusion treatments. Pfizer is the largest drug manufacturer based on sales in the world. Don't short this stock.
    Jul 14, 2015. 11:00 AM | 1 Like Like |Link to Comment
  • Comcast: Universal Studios Is Having A Record Breaking Year For Films [View article]
    The problem for Comcast is the constant talk of drop in cable customers which has been going on for many years. However internet customers are growing as well as business accounts. So I own a small position because I can't find many stocks with double digit earnings growth that are not over-priced. Comcast's PEG is lower than Disney's. Nothing wrong with owning both stocks, as I do. Both stocks are in many mutual funds and ETFs. As long as our economy is doing well, then entertainment stocks are fine.
    Jul 14, 2015. 10:24 AM | 1 Like Like |Link to Comment
  • Today's Market: International News Moving These Stocks [View article]
    Netflix, Amazon, and Facebook are bubble stocks. I think they are more risky than shareholders consider. Eventually there will be no one who wants to pay the price. I'm not sure when that is but bubbles always pop. Go back and look at internet stocks in the 90s. Look at Baidu. Eventually people will realize that earnings just aren't there to support the stock price and even when sales go up, earnings go down. Anyone can offer streaming on the internet. And if they want to offer a service to play old movies, they can offer that too. I just don't see any moat in Netflix. Walmart can easily go after Amazon. And you have a store to return what you don't want. Amazon's AWS had major outages last week that wasn't reported by the media: 11 hosts with one that I checked saying 200 websites were down for 5 hours. And then there is Facebook that people are getting tired of and clearly there are identity risks.
    Jul 14, 2015. 10:02 AM | Likes Like |Link to Comment
  • Retail sales: No help from department stores [View news story]
    There are winners and losers in every category. I'm not worried about Macy's or TJMaxx. Clothing isn't the only thing they sell. There are a lot of weddings and birthdays in the summer.
    Jul 14, 2015. 09:40 AM | 1 Like Like |Link to Comment
  • Corning -2.2% on pre-earnings BofA/Merrill downgrade [View news story]
    S&P has GLW rated 4-star with a $27 12-month price target. GLW increased dividend and initiated a buy-back program earlier this year.
    Jul 13, 2015. 11:03 AM | 2 Likes Like |Link to Comment
  • Corning -2.2% on pre-earnings BofA/Merrill downgrade [View news story]
    Jun 2015 RBC Capital Upgrades Sector Perform to Outperform
    Jul 13, 2015. 10:09 AM | Likes Like |Link to Comment
  • Corning -2.2% on pre-earnings BofA/Merrill downgrade [View news story]
    In its recent America’s Top Picks List, Barclays PLC (ADR) (NYSE:BCS) ranked Oracle Corporation (NYSE:ORCL), Cavium Inc (NASDAQ:CAVM), and Corning Incorporated (NYSE:GLW) as some of its top technology stock picks.
    Read more at http://bit.ly/1RtWKKD
    Jul 13, 2015. 10:06 AM | 1 Like Like |Link to Comment
  • Corning -2.2% on pre-earnings BofA/Merrill downgrade [View news story]
    This downgrade is ridiculous. The P/E is 10. Why should the stock be any cheaper? And besides smartphones, people want gorilla glass on their notebooks and ipads.

    CORNING, N.Y., July 7, 2015 - Corning Incorporated (GLW) today announced that Meizu Technology Co., Ltd. has chosen Corning® Gorilla® Glass 3 with Native Damage Resistance(TM) for its new Meizu MX5 smartphone.

    "As the trend toward slimmer, sleeker devices continues in the consumer electronics industry, Corning has responded by enabling its customers to use thinner Corning Gorilla Glass with the durability consumers have come to expect from the product," said Li Fang, president and general manager, Corning Greater China. "Because of Corning`s long-standing relationship with Meizu in China, our companies were able to collaborate to bring the durability of Gorilla Glass 3 to the new Meizu MX5 at a remarkable thinness of 0.4 mm. This significantly contributes to the phone`s thin, sleek design and excellent user experience."

    Meizu selected Corning Gorilla Glass 3 with NDR as a cover glass to help protect the beautiful 5.5-inch AMOLED display of the new MX5 phone because of its excellent scratch resistance and the fact that it is up to five times tougher than the soda-lime glass used on a majority of Chinese smartphones.

    Additionally, the "native damage resistance" helps make the cover glass on the MX5 not only resistant to scratches but also more likely to survive if a scratch does occur.

    "Meizu was one of the first Chinese OEM customers to use Corning® Gorilla® Glass for its smartphones back in 2008 and has built a strong cooperative relationship with Corning," said Bai Yongxiang, CEO of Meizu. "From M8 to the latest MX5, each generation of our products has enjoyed the toughness of Gorilla Glass. We trust its industry-leading durability and scratch resistance and are confident that it helps provide the best touch experience for our consumers as well."

    Gorilla Glass is manufactured using Corning`s proprietary fusion draw process and is the cover glass of choice for device manufacturers around the globe. More than 40 manufacturers have designed Gorilla Glass into more than 1,450 product models, and have branded Gorilla Glass touch cover glass as a key selling feature. Since its launch in 2007, Gorilla Glass has been featured in more than 3 billion devices worldwide. For more information on Corning Gorilla Glass, visit the website.
    Jul 13, 2015. 09:48 AM | 8 Likes Like |Link to Comment
  • Why General Motors Is Worth A Shot Near $30 [View article]
    Prices are always lowered before the next year's models come out. GM reported growth in China sales. That is what is important. And the large automakers are building factories because they see opportunity in China ahead.
    Jul 12, 2015. 02:32 PM | Likes Like |Link to Comment
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