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  • Dow & DuPont Agree On Deal, Stupid Name  [View article]
    I'm sure the company name "DoubleD" went around the Boardroom table a few times.
    Dec 11, 2015. 11:43 AM | 6 Likes Like |Link to Comment
  • Frustrated Schwarzman argues higher valuation for Blackstone  [View news story]
    NYT article is horribly biased; yes, a seventy year old man can still be very successful.
    Sep 4, 2015. 11:33 AM | 9 Likes Like |Link to Comment
  • The $6 Billion Plan To Make Alfa Romeo A Leading Car Brand  [View article]
    A baby Ferrari is a bit of an understatement for the 4C; completely made of carbon fibre, you could consider it an almost 'experimental' high performance production car. In many respects, Alfa pushed the envelope in use of advanced materials and components (of course, yes, many are from Ferrari). The only other company that has gone in this direction in production recently was BMW with the i3. If Alfa attempts to produce a completely carbon fibre variation of BMW's 3 series (and likely a lower cost alternative to the M3), it could be a potentially lucrative path for this fledgling operation. Should be interesting. Thanks for the information.
    Jun 22, 2015. 11:29 AM | 2 Likes Like |Link to Comment
  • What 'Bendgate' Means For Apple  [View article]
    Six months later, I do admit this was an amusing topic. The author of this article did a good job at evaluating all the potential outcomes.
    Apr 2, 2015. 02:15 PM | 2 Likes Like |Link to Comment
  • Kessler: Glory days of P-E are over  [View news story]
    Wishful thinking?
    Mar 30, 2015. 03:49 PM | 2 Likes Like |Link to Comment
  • What 'Bendgate' Means For Apple  [View article]
    I quickly got the impression the social media aspect was being front run by competitors and loyal fans of non-Apple products. Given the overwhelming positive response to the new phones this matter served as a glowing opportunity to distract consumers. The sad part is Apple has been encountering problems with bent iPhones since the 4s.
    Sep 25, 2014. 05:39 PM | 3 Likes Like |Link to Comment
  • Another bear gives up  [View news story]
    I don't think it's fair to compare him to Hussman, who still wasn't satisfied with valuations in 2009, 10, 11, or 12 and has missed a good portion of the best five year rally in decades. Rather, Tom was more open minded as to the potential for higher targets in the markets, but asked investors to still exercise some caution due to underlying vulnerabilities in the markets (ie. Washington). Thank you for sharing this note.
    Nov 26, 2013. 12:14 PM | 1 Like Like |Link to Comment
  • Did Malone set a fire under media stocks?  [View news story]
    The Washington Effect (short panic) seems to be helping.
    Oct 10, 2013. 03:36 PM | Likes Like |Link to Comment
  • Cook defends 5C's pricing, analysts set weekend iPhone targets  [View news story]
    Generally disagree with Pierce's comments; the icons are different, but not horrible. Some people simply hate change. iOS7 is certainly faster on the iPad (more useful desktop apps) but is a bit quirky. Not surprising, I've had at least three or four dozen app updates from software makers in the last 12 hours to make their apps more compatible with the new platform. 8/10 is probably a good unbiased score, but for someone who hasn't upgraded their smartphone in a long time, it's likely 9-10/10. Great value for the user.
    Sep 19, 2013. 10:49 AM | 3 Likes Like |Link to Comment
  • Sherritt International: A Value Investor's Silver Bullet  [View article]
    I commend Stock Jackal for taking the time and effort to highlight the value in Sherritt. To really understand Sherritt, one needs to understand the founder and former CEO Ian Delaney, who proclaims himself as a 'junk collector' and an investor who always went against the grain. And that didn't come as a price to Mr. Delaney; he and his family were effectively barred from entering the United States due to their stake in the company. As well, Sherritt's stock price often trades as a deep discount to the NAV, because it's been punished by institutional investors who never agreed or took the time to understand Mr. Delaney's investment decisions. That being said, an astute investor can capitalize on the mannerisms of lazy brokers and investment managers. The dividend is also quite interesting at these levels too.
    Sep 9, 2013. 05:23 PM | 1 Like Like |Link to Comment
  • Report: Harper to accept emissions reduction targets to win Keystone approval  [View news story]
    I suspect the timing of Harper's offer coincides highly with the fact that Canada is one of the few countries backing Obama on Syria. I'm surprised the media has overlooked this significant fact.
    Sep 9, 2013. 07:34 AM | Likes Like |Link to Comment
  • "What we are witnessing is the slow death of the European project," says Athanasios Orphanides, former Central Bank of Cyprus Governor. What we have, he says, are decisions being taken in Germany sequentially spreading misery to the periphery, and now it's blackmailed the Cypriot government into confiscating its citizens deposits. No one in a small or weak country should feel safe.  [View news story]
    I guess he's not pleased he'll be receiving his annual caviar gift basket from Gazprom and other Russian friends...
    Mar 19, 2013. 10:24 AM | 2 Likes Like |Link to Comment
  • China sets its H1 2013 export quota for rare earth resources at 15.5K metric tons to be split among 24 domestic producers. The quota is not always met due to weak global demand; China exported only ~13K metric tons of rare earth ores, metals and compounds in the first 11 months of this year, less than half the full-year 2012 quota.  [View news story]
    The quota has been largely ineffective due to smuggling, which is the major reason why this news surfaced this morning:

    Dec 28, 2012. 10:30 AM | 1 Like Like |Link to Comment
  • Ford (F) says it’s cutting consumption of rare earths used in its hybrid and electric cars by 500K lbs./year and will save hundreds of dollars per car in the process. But shares of rare-earth leader Molycorp (MCP +5.6%) shoot higher anyway, adding to gains a day after China announced a 40% cut in the number of permits to mine rare earths. REE +5.7%, AVL +4.5%[View news story]
    Of all the global automakers, Ford is the furthest behind in electric car technology. The general reviews of the electric Ford Focus, which was only produced in small numbers last year, was quite poor. There were very little design changes to the model, and the technology was simply crammed into any space to make it work. Their upcoming model will use this technology, but it will use significantly less technology than other comparable models. Hence, it will have a lesser need for rare earth elements and other critical elements.
    Sep 14, 2012. 11:43 AM | Likes Like |Link to Comment
  • Though gas prices are shooting higher, U.S. demand for hybrid cars is declining, as consumer opt for traditional cars that can promise similar gas mileage at a lower price. Hybrids accounted for just 2.2% of U.S. auto sales last year, down from 2.8% in 2009. Meanwhile, demand for fuel-efficient traditional cars such as the Chevy Cruze (GM) and Ford's (F) Fiesta and Focus is surging. (yesterday)   [View news story]
    I get the impression this story has been overplayed by the media and the US Auto industry. Has any journalist realized that these numbers overlook the major fact that Japanese auto sector was haunted by issues last year on a historic scale? All Japanese auto companies suffered shortages of parts and factory production from the Fukushima disaster and flooding in Thailand. The cost of materials to produce these cars also surged, preventing them from providing the 'no money down for 60 month' deals that are currently being flogged at your local GM and Ford dealerships. A friend of mine who manages sales at a Japanese luxury car dealership told me last year, 'we can't compete against the US and German companies.' He said they didn't have enough cars, and not enough new cars, while many competitors offered substantial discounts and credit arrangements that they could simply not afford to offer. Overall, I'm disappointed with the media for missing these facts.
    Feb 28, 2012. 01:46 PM | Likes Like |Link to Comment