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losbronces

losbronces
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  • Seadrill Continues To Deliver On Growth Promise [View article]
    Yes, you are correct. They paid the 2013 Q1 dividend before December 31, 2012 along with the 2012 Q4 dividend.

    Most sites, including brokerages, show the dividend at 1.70/quarter when it is really only half that. But they do reserve the right to raise or lower the dividend every quarter.
    Apr 15 02:32 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    No more money to Cristina Fernandez K should be the first priority.
    Apr 15 08:59 AM | 1 Like Like |Link to Comment
  • While Jill Priluck decries "the dark side of shareholder activism" on Reuters, the NYT's James Stewart highlights the "sham" shareholder democracy that has seen directors at dozens of publicly traded companies retaining their positions despite losing elections. The firms include Cablevision Systems (CVC), Vornado Realty Trust (VNO) and medical diagnostics Iris International, where shareholders rejected all nine directors in May 2011. They resigned but then voted to reject their own resignations. [View news story]
    How could they vote as a BOD member if they resigned? This is crazy.

    No civil action being taken against these BODs?
    Apr 14 11:07 AM | 3 Likes Like |Link to Comment
  • Apple's Story: Only The Beginning? [View article]
    Really, then maybe the people you know have already brought in phones for all their friends. How about people who are new to the privileged classes? Maybe they are now bringing in Apple phones.
    Apr 12 09:33 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    From the last item: "Problems abound, though, including a lack of filling stations and fears of the cars blowing up."

    Lima, Peru has had both lpg and cng at fueling stations for years now. The cars, many of which were not properly converted, don't blow up. There have been some taxis that have burned up after "shade tree" type modifications, but no explosions.

    If it can be done in Lima, it can be done elsewhere. Lima is at best "organizational challenged."
    Apr 12 12:25 PM | 1 Like Like |Link to Comment
  • After an unprecedent halt, shares of Herbalife (HLF -0.9%) resume trading, currently at $38.11. [View news story]
    Not much of a drop in the end. Problem with KPMG appears to have been with their own people providing information on HLF to third parties.
    Apr 9 11:42 AM | Likes Like |Link to Comment
  • The opening of trading of Herbalife (HLF) shares has been delayed, pending news. [View news story]
    KPGM resigns as auditor. The only question now is how low this will go when it does open.
    Apr 9 09:58 AM | Likes Like |Link to Comment
  • A Johnson-Less J.C. Penney Is Still Dead In The Water [View article]
    When Ackman openly criticized Johnson, you had to know he was done.

    Ackman has a hand in this disaster. I suspect he is getting desperate too.
    Apr 9 09:51 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Amazing isn't it? But then the increase in the family wealth during the two presidencies could also be viewed as inconsistent. And then there were the suitcases filled with cash from Venezuela, the efforts to silence Clarin by whatever means possible, killing the beef industry with export freezes, etc.

    Here is an article about the plane from Bloomberg: http://bloom.bg/108xagu
    Apr 3 10:29 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Argentina now rents a plane from a British company for Cristina Kirchener to fly outside of "friendly countries" to avoid having Tango 1 (the presidential plane) seized to cover debts.
    Apr 3 10:18 AM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Thanks, I wasn't aware of that.
    Mar 28 11:14 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    The banks (and other mortgage providers) do run credit checks mainly through three agencies (Experian, Equifax and TransUnion). If the results of those credit checks were unreliable, the banks would soon stop using those agencies.

    If those agencies were grossly negligent in issuing the credit reports, or if outright fraud were involved, then perhaps there would be grounds for lawsuits too.
    Mar 28 09:27 AM | 3 Likes Like |Link to Comment
  • Demand Far Outstripping Supply For Undervalued Platinum And Palladium [View article]
    Most Rhodium is produced as a byproduct from molybdenum concentrates. It is a nice kicker for some operations, but I'm not aware of any mine that relies on rhodium credits to stay operating.

    There is rhodium metal available from Kitco: http://bit.ly/XDQHCv . The problem with rhodium (and molybdenum as well) is that the pricing is not very transparent. In my opinion, you won't be able to make much trying to trade rhodium unless there are some wicked price moves.
    Mar 26 09:35 AM | Likes Like |Link to Comment
  • Demand Far Outstripping Supply For Undervalued Platinum And Palladium [View article]
    Constitutions can be changed.
    Mar 25 01:25 PM | Likes Like |Link to Comment
  • Demand Far Outstripping Supply For Undervalued Platinum And Palladium [View article]
    Argentina is not safe at all. Look at what is happening with Vale and Pan American Silver. And don't forget they took Repsol's share of YPF without compensation (so far anyway).
    Mar 25 09:10 AM | Likes Like |Link to Comment
COMMENTS STATS
387 Comments
658 Likes