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Momintn

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  • 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
  • Why General Motors Is Worth A Shot Near $30 [View article]
    Dividend yield is 4.64%. Even if you look at current valuation, you won't find many dividend yields that high unless you go with oil & gas or utilities. Neither of those have the prospects of growth ahead as much as GM.
    Jul 10, 2015. 01:47 PM | 2 Likes Like |Link to Comment
  • Why General Motors Is Worth A Shot Near $30 [View article]
    My zero coupon bonds continue to mature every year and I'm having to figure out where to invest. I think GM's dividend yield and buyback will give me future gains. Or I'll just collect a dividend that is better than any investment-grade bond I have found. So I'm a patient investor and will certainly be buying more shares if it gets close to $30. I'm not going to miss the dips in dividend growth stocks. You ask why the stock is so cheap? It's because of the Wall Street media. If you can get your opinion on CNBC, please do so. They never talk about valuation. And when a stock goes down and should be heavily bought, they hate it and talk as though it is the company's or CEO's fault, when actually it is the press. There is more than one way to say something. It just depends if they are long or short.
    Jul 10, 2015. 01:20 PM | 1 Like Like |Link to Comment
  • IBM: The Cloud Is Not A Negative For Big Blue [View article]
    With all of this purported acclaim, what other stocks would you buy or sell?
    Jul 10, 2015. 12:06 PM | Likes Like |Link to Comment
  • IBM: The Cloud Is Not A Negative For Big Blue [View article]
    You and Cringley don't seem to comment on anything but IBM. And it doesn't appear you have a financial firm in your profile or claim to be an advisor. Anyone can see that Cringley has written negative articles on IBM for many years on the internet. When someone is always negative or saying that they are selling their shares, it begins to lack credibility.
    Jul 10, 2015. 09:46 AM | Likes Like |Link to Comment
  • IBM: The Cloud Is Not A Negative For Big Blue [View article]
    IBM is still number 1 in worldwide application infrastructure and middleware (AIM) software with 6.1% growth in revenue last year. This is more than twice Oracle's revenue and I don't even see SAP.
    http://gtnr.it/1TpWHwW
    Jul 10, 2015. 08:59 AM | 1 Like Like |Link to Comment
  • IBM: The Cloud Is Not A Negative For Big Blue [View article]
    I agree with what you've said but I think there are many reasons someone may want a Z-system. Many applications are written for it. Many people already have the skills. It's very reliable with no requirement for scheduled maintenance and downtime. It was designed to handle the volume of mobile transactions. And there is no requirement to hand over your confidential data to some other site or to be accessible to non-employees. With all the security concerns of today, the Z in a secured location with one's own employees is quite attractive.
    Jul 10, 2015. 08:27 AM | Likes Like |Link to Comment
  • CBS Seems To Be A Broken Stock Right Now [View article]
    Why do you think this? Moonves has been Chairman of Viacom before the split. Seems to me he has more experience. With the upcoming Apple tv deal, I doubt he will leave CBS, nor do I think the owners will do anything to cause it. You don't take someone who has underperformed and make them chairman.
    Jul 9, 2015. 03:20 PM | Likes Like |Link to Comment
  • This Cloud Data Does Not Bode Well For IBM [View article]
    Can someone research why Amazon Data Services were down yesterday across 11 hosts which impacted websites in the USA and Western Europe?
    Jul 9, 2015. 02:51 PM | 1 Like Like |Link to Comment
  • GM recalls Hummer models after fires burn three people [View news story]
    All automakers have recalls. GM is doing them faster now to avoid any more big problems.
    Today, GM Brands Top Vehicle Satisfaction Survey
    GM’s winners were the Chevrolet Corvette (Sports Cars), the GMC Canyon (Compact Pickup), the Chevrolet Tahoe (Large SUV), the Buick Enclave (Luxury Crossover SUV) and the GMC Acadia (Large Crossover SUV).
    GM’s GMC brand also took the top spot for highest owner satisfaction for a popular brand.

    Read more: General Motors Brands Top Vehicle Satisfaction Survey (NYSE: GM) - 24/7 Wall St. http://bit.ly/1LUrakx
    Follow us: @247wallst on Twitter | 247wallst on Facebook

    10 Vehicles That Will Have The Best Resale Value 5 Years From Now
    from KBB
    Half of these are trucks made by GM
    Jul 9, 2015. 02:44 PM | 1 Like Like |Link to Comment
  • General Motors: Has The Activist Induced Share Repurchase Added Value? [View article]
    GM stock is in the buyback index which has outperformed the S&P 500. So I prefer them to do the buyback and hope they are buying back shares now. I think there are too many shares outstanding. Also, I think that any time CNBC quotes Goldman Sachs or Credit Suisse on a downgrade, they should have to state who has buy ratings on the same stock. I do not watch CNBC for them to pump banks' trades or spread fear in the market that is unwarranted. Here's hoping an investigation will uncover the fraud, the shorting before the downgrades, the cause of the outages and who profits from that, and the many times the media is used by hedge funds to make money while viewers are encouraged to buy over-priced financial instruments before they crash.
    Jul 9, 2015. 02:34 PM | 1 Like Like |Link to Comment
  • CBS Seems To Be A Broken Stock Right Now [View article]
    It is difficult to figure out when to add to CBS. But my short experience in the stock is to buy it in July and October. The new summer series Zoo is just fantastic entertainment. There is no programming like CBS. I'm not one who watches reality shows though and I hope they stick with programming that can be sold to other venues. Streaming accounts should do well in the future for people who travel and have access to high-speed internet such as in Asia. If streaming accounts take off, then you will see the stock make big gains like Netflix. However if they don't, then they better show the growth in other businesses. CBS is quite diversified.
    Investment-grade debt rating of BBB with a stable outlook.
    The stock is oversold.
    It's in the Stock buyback index as well as the S&P 500, consumer discretionary, and entertainment indices, so it should do well in an improving economy.
    Jul 9, 2015. 12:34 PM | Likes Like |Link to Comment
  • General Motors: Buy The Dip? [View article]
    GM is projecting 6 to 8% growth in sales for the year and $1500 profit gain per vehicle on the 2016 models. New 2016 models go into production this month and will begin selling in the second half of this year.
    Jul 8, 2015. 07:42 PM | 1 Like Like |Link to Comment
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