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Energysystems

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  • Verizon scoops up AOL for $4.4B [View news story]
    If you ex out the $BABA and Yahoo Japan stake, $AOL and $YHOO have very similar valuations. The difference being, stagnation in $YHOO's core businesses, and $AOL's transition to a relevant ad platform with solid growth.


    It's not about email, it's about the ad business.
    May 12, 2015. 09:43 AM | 1 Like Like |Link to Comment
  • Verizon scoops up AOL for $4.4B [View news story]
    I agree, that just looking at the last 5 years is not an accurate measure. But, not including today's huge pop, AOL is up 100.14%, S&P 500 is up 93.56%, based on yesterday's AOL's closing price of $42.59. I didn't any rumors of this deal, so I have to say that AOL's closing price, was not pricing in this acquisition.

    Likewise, judging based on term of time that go back further, especially in the dotcom/tech sector, where overvaluation was everywhere in the early 00's, makes some things hard to judge.

    AOL has significantly changed course since Tim Armstrong came on board; he's pushed the AOL ad platform into relevancy. It accounts for 45% of overall revs, with the last quarter showing ad rev growth of 21%. Armstrong is staying on board, and I believe he'll have a bit deeper pockets to aggressively pursue continued ad revenue growth.
    May 12, 2015. 08:29 AM | 2 Likes Like |Link to Comment
  • Verizon scoops up AOL for $4.4B [View news story]
    $YHOO's core business is stagnant. It's only been lifted by $BABA stake. MM needs to shake up $YHOO, and quit sleeping through dinner meetings with top ad execs.
    May 12, 2015. 08:09 AM | 1 Like Like |Link to Comment
  • Verizon scoops up AOL for $4.4B [View news story]
    In the past 5 years, $AOL has outperformed the S&P 500...last quarter, AOL ad revs were up 21%, accounting for 45% of total revs. Ad money is good money.
    May 12, 2015. 08:07 AM | 7 Likes Like |Link to Comment
  • Verizon scoops up AOL for $4.4B [View news story]
    Wasn't Starboard pushing $YHOO to merge/buy $AOL recently? Outside of the $BABA stake, $YHOO doesn't have much going for it(imo).
    May 12, 2015. 07:32 AM | 1 Like Like |Link to Comment
  • Teva seeks $25B to finance effort to take over Mylan [View news story]
    Dude...it's a penny stock for a reason.
    May 11, 2015. 07:18 PM | Likes Like |Link to Comment
  • Mylan management not working for its shareholders, analyst suggests [View news story]
    lol, yeah I remember Coury saying it. And apparently, a lot of the top holders of Mylan are pushing for the a deal w/Teva. Sincerely doubt $100 a share, but maybe closer to $90 than $82.
    May 11, 2015. 02:57 PM | Likes Like |Link to Comment
  • Mylan management not working for its shareholders, analyst suggests [View news story]
    ...where did you hear that?
    May 11, 2015. 11:45 AM | Likes Like |Link to Comment
  • T-Mobile/BlackBerry reunion ends year-plus spat [View news story]
    ...uh, C-Man, you know that the iPhone is selling better than ever, right? The last two quarters(the Iphone 6 debuted in Q1-15) were the best two quarters of Iphone sales...ever?

    Q1-15= 74.47M
    Q2-15=61.17M(which is a full 10M units above any previous Iphone quarterly sale report, besides to debuting quarter if the I6.

    Quit lying to yourself and others.
    May 9, 2015. 08:24 AM | 3 Likes Like |Link to Comment
  • Oil train derails, erupts in flames in North Dakota [View news story]
    Guess you never heard of Eminent domain before?

    As far as the subsidies, those subsidies are actually going to 3 gulf coast refineries that are looking at upgrading capacity due to Keystone XL. Those three refineries are spending 10B to upgrade their facilities...and if you haven't heard of special depreciation provisions under section 179C, crack a book before you get jumpy, joey.

    Once again, you've got the hype...but where's the beef?
    May 6, 2015. 05:34 PM | 2 Likes Like |Link to Comment
  • Oil train derails, erupts in flames in North Dakota [View news story]
    US funded? No benefit to the US taxpayer? lol, you gotta look at the facts, and NOT the hype.
    May 6, 2015. 12:21 PM | 8 Likes Like |Link to Comment
  • Calumet Specialty misses by $0.04, misses on revenue [View news story]
    Also, I just came across an interesting tidbit that has yet to be highlighted on SA.

    "Today, we announced an agreement with Plains All American Pipeline, L.P. ("Plains") that will allow for the delivery of 20,000 bpd of cost advantaged Midland, Texas and/or Cushing, Oklahoma barrels to our Shreveport refinery by the first quarter 2017," continued Hatch. "We anticipate this agreement will provide for approximately $7.0 million to $8.0 million in annualized feedstock transportation cost savings beginning in 2017, subject to market conditions, as we seek to enhance crude oil slate optionality at our Shreveport refinery."


    "Shreveport Refinery Crude Oil Transportation Cost Reduction Initiative:
    Calumet has entered into a 10-year, 20,000 bpd pipeline agreement with Plains to increase its sourcing of cost-advantaged crude oil from the Midland, Texas and/or Cushing, Oklahoma markets by the first quarter 2017. Under a 10-year pipeline transportation agreement with Plains, Calumet will have the option of shipping up to 20,000 bpd of either (1) Midland-priced crude oil from Midland, Texas to Longview, Texas; or (2) Cushing-priced crude oil from Cushing, Oklahoma to Longview, Texas. From the Longview, Texas hub, the crude oil will be shipped to Calumet's Shreveport refinery on the Caddo Pipeline, an 80,000 bpd pipeline owned by Plains and Delek Logistics Partners, L.P., expected to reach completion by mid-2016. Calumet believes increased feedstock optionality provided by this agreement could provide approximately $7.0 million to $8.0 million in annualized crude oil transportation cost savings at the Shreveport refinery beginning in 2017, subject to market conditions."
    May 6, 2015. 09:30 AM | 3 Likes Like |Link to Comment
  • Enbridge Energy Partners beats by $0.04, misses on revenue [View news story]
    Enbridge is going through a drop-down restructuring. $ENB does not believe it's assets are being valued as they should by the market, and instead of rolling everything up, is instead looking to do multiple drop-downs to it's various entities from the "parent" company.

    This should provide a lot of possible growth to EEP, above and beyond the multiple organic expansion projects that are coming on-line for EEP over the next 2 years or so.
    May 6, 2015. 09:11 AM | 1 Like Like |Link to Comment
  • ADP: Employment growth slowdown continues [View news story]
    I thought we already had a stimulus with "shovel ready jobs"?


    Oh, they were shoveling something!
    May 6, 2015. 09:02 AM | 12 Likes Like |Link to Comment
  • Calumet Specialty misses by $0.04, misses on revenue [View news story]
    -Improved distribution coverage ratio. The Partnership's distribution coverage ratio improved to 1.6x in the first quarter 2015, versus 0.9x in the first quarter 2014.

    -Improved Leverage Ratio. The Partnership's ratio of total debt to trailing twelve-month Adjusted EBITDA declined for the third consecutive quarter during the three months ended March 31, 2015. At March 31, 2015, the Partnership's Leverage Ratio was 5.4x, versus 5.6x at December 31, 2014. The Leverage Ratio, adjusted for the full redemption of our 2020 Notes which occurred in April 2015, was 4.8x at March 31, 2015.
    May 6, 2015. 08:19 AM | 1 Like Like |Link to Comment
COMMENTS STATS
1,408 Comments
3,588 Likes