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  • TiVo: 1.5M cord-cutters in the wings amid mass dissatisfaction [View news story]
    Make that 1.5M + 1.

    Found that books and radio are far more enjoyable than most of the nonsense on the tube. And far less expensive to boot!
    Mar 11, 2015. 09:01 PM | 12 Likes Like |Link to Comment
  • Corning's Project Phire aims to head off sapphire threat [View news story]
    Exactly how old must something be before it can rightly be referred to as "legendary"?
    Feb 7, 2015. 03:44 PM | 3 Likes Like |Link to Comment
  • California Senate leader wants to force Calpers to divest coal holdings [View news story]
    Calpers and Calstrs are already way off the mark in being able to meet the absolutely insane promises that people like Kevin de Leon have championed for the poor little abused public serpents and teachers. How, throwing his kind of bankrupt ideology into the process of what these funds are and aren't allowed to invest in is going to help is beyond me. But then I suppose feel good nonsense trumps common sense and fiscal prudence when it comes to that side of the aisle anyway.
    Dec 15, 2014. 06:51 PM | 8 Likes Like |Link to Comment
  • California Resources Corporation Is A Spin-Off With A Substantial Opportunity In The Golden State [View article]
    Why did they let 80% of it go? Seems to me, at least on the face of it that they do want out but will keep a toe in the water just in case.
    Dec 6, 2014. 07:48 PM | 1 Like Like |Link to Comment
  • California Resources Corporation Is A Spin-Off With A Substantial Opportunity In The Golden State [View article]
    In the interests of full disclosure, I am also an OXY holder and therefore now a holder of some CRC stock. So, while I see your point, I still can't help but think that the main reason OXY spun off their CA assets was to isolate them, much like a quarantine, from the rest of the company. Time will tell and I hope my fears prove unwarranted. But presently, here in the land of fruits and nuts, one never knows!
    Dec 5, 2014. 02:46 PM | 4 Likes Like |Link to Comment
  • California Resources Corporation Is A Spin-Off With A Substantial Opportunity In The Golden State [View article]
    California's low risk operating environment? Uh, I live in The Peoples Republic of Kalifornia and "low risk" for any oil company isn't quite how I'd look at it. Especially with the clutch of clowns we presently have in Sacramento.
    Dec 5, 2014. 02:15 PM | 8 Likes Like |Link to Comment
  • Disney moves theme park prices higher [View news story]
    90 good reasons (plus parking) to just stay away =)
    Feb 24, 2014. 01:56 PM | Likes Like |Link to Comment
  • Tesla to receive tax break from California [View news story]
    When may I then expect a 6 figure job offer from them to arrive?

    Dec 18, 2013. 02:34 PM | Likes Like |Link to Comment
  • A new White House report warns that massive across-the-board spending cuts at the start of the new year would be "deeply destructive" to core government responsibilities and especially the military. But Pres. Obama's own defense budget calls for big cuts, and Bob Woodward's new book suggests the Administration instigated the idea of sequestration to gain political ground[View news story]
    Terry who?
    Sep 15, 2012. 04:15 PM | 1 Like Like |Link to Comment
  • The Greek finance ministry sets up a "working group" to scour the archives and figure out how much Germany might owe in reparations for Nazi war crimes. "Greece has never resigned its rights," says Deputy finmin Christos Staikouras. A report is expected by year's end. This should help thaw relations between the two countries. [View news story]
    Tell you what Greece, you come up with your figure and we'll have a special Panzer division deliver your payment, in drachmas, to you personally.
    Sep 11, 2012. 10:21 AM | 2 Likes Like |Link to Comment
  • Hedgeye thinks McDonald's (MCD +0.4%) needs to simplify its menu instead of broadly expanding it. Though global marco issues are certainly in play, the company also faces domestic competition from hamburger upstarts such as Five Guys and Shake Shack that it needs to watch. [View news story]
    In agreement 100% with menu simplification. Wife and I went in over the weekend and my feeling is they are just trying to be too many things to too many people. I have no idea on the stats but I'd bet a Quarter Pounder Super Size Meal Combol that most of those coming through the door really just want a cheap burger, some fries and a drink.
    Sep 10, 2012. 02:31 PM | Likes Like |Link to Comment
  • The economy should hit its stride late into next year, says Moody's Analytic's Mark Zandi. He's forecasting 4% growth into 2014, citing continued strength in U.S. corporations due to cost cuts and better profit margins. All we need to do is "nail down those fiscal issues," Zandi says. “By 2014-15, the surprise is going to be how strong the economy is growing.” [View news story]
    If we could legalize whatever it is Zandi is inhaling...
    Aug 29, 2012. 09:27 PM | 4 Likes Like |Link to Comment
  • Illustrating Inflation Vs. Dividend Growth [View article]
    Spice Mind -
    While I agree with the need to outpace inflation, it's also important to use an accurate gauge of inflation. It appears you've chosen the "official" (government sanitized) version over a more realistic set of numbers as provided by John Williams at Shadow Stats. Why?
    Aug 20, 2012. 04:54 PM | Likes Like |Link to Comment
  • As Facebook (FB -4%) continues diving (previous), Dan Primack points out tax considerations could be driving insiders to sell at (relatively) depressed levels. The capital gains tax rate is set to increase to 20% from 15% on Jan. 1, giving businesses and high-net-worth individuals (but not tax-exempt non-profits) an incentive to sell ahead of time. Primack previously reported VC firms Greylock Partners and Meritech Capital had joined Accel Partners in distributing Facebook shares to limited partners. [View news story]
    Or it's no more complicated than rats fleeing a sinking ship...the SS Faceplant in this case.
    Aug 17, 2012. 02:54 PM | 3 Likes Like |Link to Comment
  • Mario Monti blinks, denying - through a spokesman - a report he threatened to resign as Italian PM if Merkel doesn't give in on eurobonds. From the original Il Giornale report: "If the Chancellor does not give up, I will tell you that I resign because if things do not change (we won't be) able to bring Italy out of the abyss."  [View news story]
    The Italian version of Blazing Saddles....
    Jun 26, 2012. 12:41 PM | 1 Like Like |Link to Comment