Drew Robertson's Comments Drew Robertson's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/90681/comments Bill Ackman's Pershing Square says Herbalife (HLF +1.6%) "refuses" to release actual sales data, which violates a California injunction, and is requesting that regulators "promptly" initiate a probe of the company. Ackman says the release of the actual data collected by its distributors would "put to rest" whether it is or isn't a pyramid scheme. http://seekingalpha.com/currents/post/1091832?source=feed#comment-20111392 20111392 Tue, 18 Jun 2013 15:16:46 -0400 Speculators Fight The Fed Once Again In The Bond Market: Can They Finally Win One? http://seekingalpha.com/article/1507472/comments?source=feed#comment-20095862 20095862 Tue, 18 Jun 2013 10:00:39 -0400 Danish shipper A.P. Moller-Maersk (AMKAF.PK) says the world’s three biggest shipping container operators have entered an alliance to reduce fuel consumption and improve service and operations. The P3 alliance, which also includes MSC Mediterranean Shipping and CMA, will operate a capacity of 2.6M containers between Asia and Europe, across the Pacific and Atlantic oceans. http://seekingalpha.com/currents/post/1090472?source=feed#comment-20093572 20093572 Tue, 18 Jun 2013 09:14:56 -0400 Europeans have long been skeptical of genetically modified crops, but urine tests from city dwellers in 18 European countries found traces of the potentially dangerous herbicide glyphosate, better known as Roundup (MON +1.4%), in 44% of samples. Even with few GMO crops grown in Europe, Roundup is used - "overused," critics say - for weed control in agriculture and in public spaces. http://seekingalpha.com/currents/post/1083512?source=feed#comment-19952552 19952552 Thu, 13 Jun 2013 16:05:18 -0400 Delta Air Lines (DAL +1.7%) will drop Memphis as one of its hub airports this fall. The development stems from the carrier phasing out 50-seat regional jets as part of a broader strategy. http://seekingalpha.com/currents/post/1063981?source=feed#comment-19608191 19608191
Enjoy the peace and quiet

Your Friend
CVG]]> Tue, 04 Jun 2013 15:44:15 -0400
Enjoy the peace and quiet

Your Friend
CVG]]> Comcast (CMCSA -1.8%) wins a courtroom battle with the Tennis Channel which sued the company because it wasn't carried on the provider's basic cable package. It's a nice win for Comcast and sets up a more challenging path if the FCC wants to break up the tiered cable model. http://seekingalpha.com/currents/post/1051771?source=feed#comment-19370301 19370301 Wed, 29 May 2013 10:52:15 -0400 Jim Cramer is encouraged about the U.S. economy after speaking with Union Pacific's (UNP +0.8%) Jack Koraleski, since the CEO is "at the heart of the changing face of American industry due to the energy boom." UNP is shipping ~90M barrels of crude oil per year, and Koraleski sees oil transport remaining strong, as rail can move cargo wherever it needs to go and it is price-competitive vs. pipelines. http://seekingalpha.com/currents/post/1049721?source=feed#comment-19334811 19334811 Tue, 28 May 2013 15:01:21 -0400 Bill Gross pokes some fun at himself, telling Bloomberg TV "We are not always right, but we are always certain." He reiterates his belief that the 30+ year secular bond bull market is over, but isn't expecting a 1994-like meltdown in Treasurys. He instead thinks Treasurys (TLT) and corporates - both investment-grade (LQD) and high-yield (HYG, JNK) - won't move much over the coming 12 months. http://seekingalpha.com/currents/post/1029961?source=feed#comment-18955381 18955381 Fri, 17 May 2013 14:24:05 -0400 Berkshire Hathaway's (BRK.A) credit rating is cut to AA with negative outlook from AA+ by S&P. "The lower credit rating ... better reflects our view of BRK's dependence on its core insurance operations for most of its dividend income ... only Burlington Northern has provided a significant portion of the total dividends paid from the operating companies to the holding company." http://seekingalpha.com/currents/post/1029191?source=feed#comment-18916701 18916701 Thu, 16 May 2013 16:49:07 -0400 Berkshire Hathaway's (BRK.A) credit rating is cut to AA with negative outlook from AA+ by S&P. "The lower credit rating ... better reflects our view of BRK's dependence on its core insurance operations for most of its dividend income ... only Burlington Northern has provided a significant portion of the total dividends paid from the operating companies to the holding company." http://seekingalpha.com/currents/post/1029191?source=feed#comment-18892641 18892641 Thu, 16 May 2013 09:22:56 -0400 Blowing up the well-entrenched pay TV model won't be very easy for Senator John McCain with the politician not even on the Senate Commerce Committee anymore observes AllThingsD's Peter Kafka. But if a la carte pricing were to ever become a reality, one network that has a lot to lose is Disney's (DIS -0.1%) ESPN. The sports channel lands a whopping +$5 per subscriber from providers while only 25% of those paying the bills say they watch the network regularly. Another way Disney could ultimately be exposed is through its piece of A&E Networks which is able to bundle many add-ons around mega-hit The Walking Dead to ratchet up carriage fees. http://seekingalpha.com/currents/post/1014281?source=feed#comment-18621641 18621641 Thu, 09 May 2013 10:11:05 -0400 Senator John McCain will introduce legislation shortly to overhaul the TV business by giving consumers the option to buy channels on an individual basis (a la carte) - instead of seeing only large bundles as options. The politician will face fierce resistance from broadcast (NWS, DIS, CMCSA, CBS, AMCX, SNI, OUTD, DISCA, VIAB) and cable companies (CVC, CHTR, TWC) but may have a friend in upstart Aereo which has been rankling a few feathers as well. (Aereo timeline) http://seekingalpha.com/currents/post/1013391?source=feed#comment-18617741 18617741 Thu, 09 May 2013 08:59:29 -0400 Senator John McCain will introduce legislation shortly to overhaul the TV business by giving consumers the option to buy channels on an individual basis (a la carte) - instead of seeing only large bundles as options. The politician will face fierce resistance from broadcast (NWS, DIS, CMCSA, CBS, AMCX, SNI, OUTD, DISCA, VIAB) and cable companies (CVC, CHTR, TWC) but may have a friend in upstart Aereo which has been rankling a few feathers as well. (Aereo timeline) http://seekingalpha.com/currents/post/1013391?source=feed#comment-18617291 18617291 NWS).]]> Thu, 09 May 2013 08:48:56 -0400 NWS).]]> "I wish I hadn't bought Newsweek. It was a mistake," says InterActiveCorp (IACI -0.3%) chairman Barry Diller, who just resigned from TripAdvisor's board. IAC's Newsweek Daily Beast JV has been an albatross for the company, as it tries to get the business to turn a profit while shifting to an all-digital model. Diller also claims TV broadcasters are trying to use Congress to shut down IAC-backed Aereo, and suggests Aereo could start offering additional content if it reaches 10M-20M subs (that could take a while); the service will arrive in Boston in May. (more on Aereo) http://seekingalpha.com/currents/post/978251?source=feed#comment-18232781 18232781 2. Congress will do absolutely nothing about the broadcasters' complaints against Aereo. They can't do much of anything and anything pro-cable, pro-broadcaster would be political poison.
3. Aereo won't get to 10-20 million subscribers. Long before then the larger players will get into the business fragmenting the market.
4. But Aereo will be profitable before that point. When someone bigger buys them out.]]> Mon, 29 Apr 2013 14:07:25 -0400 2. Congress will do absolutely nothing about the broadcasters' complaints against Aereo. They can't do much of anything and anything pro-cable, pro-broadcaster would be political poison.
3. Aereo won't get to 10-20 million subscribers. Long before then the larger players will get into the business fragmenting the market.
4. But Aereo will be profitable before that point. When someone bigger buys them out.]]> Felix Salmon hopes gold "will continue to fall, that goldbugs will look increasingly silly, and that as a result Americans with savings will conclude that the best thing to do with those savings is to put them to work in a productive manner" - out of fear-based assets like gold, Treasurys and cash and into greed-based assets like stocks and bank loans so more money flows through the economy. http://seekingalpha.com/currents/post/944231?source=feed#comment-17668501 17668501
I'd like to say I'm not afraid of the future but I am short ZBs.]]> Mon, 15 Apr 2013 19:16:13 -0400
I'd like to say I'm not afraid of the future but I am short ZBs.]]> "OK, so I made a bad call at the Barron's roundtable," tweets Bill Gross. "I would still buy gold here. World reflating." After a morning bounce, gold has returned to the session low at $1,388/oz. GLD -6.7%. http://seekingalpha.com/currents/post/942791?source=feed#comment-17659291 17659291 Mon, 15 Apr 2013 15:44:20 -0400 "OK, so I made a bad call at the Barron's roundtable," tweets Bill Gross. "I would still buy gold here. World reflating." After a morning bounce, gold has returned to the session low at $1,388/oz. GLD -6.7%. http://seekingalpha.com/currents/post/942791?source=feed#comment-17657461 17657461 http://bit.ly/116riFh
These people are all my friends.]]> Mon, 15 Apr 2013 15:09:56 -0400 http://bit.ly/116riFh
These people are all my friends.]]> "OK, so I made a bad call at the Barron's roundtable," tweets Bill Gross. "I would still buy gold here. World reflating." After a morning bounce, gold has returned to the session low at $1,388/oz. GLD -6.7%. http://seekingalpha.com/currents/post/942791?source=feed#comment-17654461 17654461 Mon, 15 Apr 2013 14:17:44 -0400 The fallout of the merger between American Airlines (AAMRQ.PK) and US Airways (LCC +2.2%) on airline ticket prices is starting to be felt as fares on several major routes jump over 40%. Though routes where the two merging carriers dominate will see the biggest fare jumps, a ripple effect on pricing could be felt in the entire sector. http://seekingalpha.com/currents/post/938511?source=feed#comment-17516511 17516511
Word of caution: airline passengers bitch a lot more to their congressmen than 110-ton coal cars.]]> Thu, 11 Apr 2013 18:43:44 -0400
Word of caution: airline passengers bitch a lot more to their congressmen than 110-ton coal cars.]]> The fallout of the merger between American Airlines (AAMRQ.PK) and US Airways (LCC +2.2%) on airline ticket prices is starting to be felt as fares on several major routes jump over 40%. Though routes where the two merging carriers dominate will see the biggest fare jumps, a ripple effect on pricing could be felt in the entire sector. http://seekingalpha.com/currents/post/938511?source=feed#comment-17510071 17510071 Thu, 11 Apr 2013 16:18:15 -0400 This year likely will mark “the start of a prolonged and potentially significant rise in U.S. rates," Goldman Sachs says via a pitch for an unconstrained fixed-income investing approach that reduces duration risk and looks to diverse, global yield opportunities for positive total returns as rates rise. Total return prospects via traditional fixed-income portfolios are modest at best and probably negative, Goldman says. http://seekingalpha.com/currents/post/938591?source=feed#comment-17506481 17506481 http://bit.ly/16PWCKH

I don't get what GS is trying to sell here. They say you are going to lose money in fixed income BUT with our 'unconstrained' approach you'll lose less. ]]> Thu, 11 Apr 2013 15:06:40 -0400 http://bit.ly/16PWCKH

I don't get what GS is trying to sell here. They say you are going to lose money in fixed income BUT with our 'unconstrained' approach you'll lose less. ]]> The fallout of the merger between American Airlines (AAMRQ.PK) and US Airways (LCC +2.2%) on airline ticket prices is starting to be felt as fares on several major routes jump over 40%. Though routes where the two merging carriers dominate will see the biggest fare jumps, a ripple effect on pricing could be felt in the entire sector. http://seekingalpha.com/currents/post/938511?source=feed#comment-17504651 17504651 Thu, 11 Apr 2013 14:33:43 -0400 Sinclair Broadcast Group (SBGI +6.9%) acquires Fisher Communications (FSCI +0.9%) in a $373.3M deal. Apparently Sinclair wasn't joking when it said in February its previous acquisitions had "put very little stress at all" on its ability to make additional acquisitions. FSCI shareholders will get $41 in cash for their shares. http://seekingalpha.com/currents/post/937781?source=feed#comment-17490211 17490211 Thu, 11 Apr 2013 09:50:24 -0400 Monsanto (MON) and Dow Chemical (DOW) reach new cross-licensing agreements for creation of the next generation of advanced weed and insect control technology in corn. MON will license DOW's new Enlist Weed Control System herbicide-tolerant trait for use in field corn, and Dow will license MON's new corn rootworm technology. Financial terms are not disclosed. http://seekingalpha.com/currents/post/937651?source=feed#comment-17489061 17489061 MON)]]> Thu, 11 Apr 2013 09:28:40 -0400 MON)]]> As the market clamors over finding the name of KPMG rogue auditor on the Herbalife (HLF -5%) account (he's purportedly been identified), the stock has taken a hit from another source, DA Davidson, who downgraded the shares mid-day on concerns that the company, through no fault of their own, could now be out of compliance with NYSE requirements. Davidson Analyst Tim Ramey says he expects the company to get a de-listing notice from the NYSE because of the withdrawn audit opinion, although he doubts it will be actually be de-listed. http://seekingalpha.com/currents/post/933801?source=feed#comment-17413981 17413981 Tue, 09 Apr 2013 15:13:42 -0400 Calling QE a "large and dull hammer" distorting markets, BlackRock fixed income chief Rick Rieder - formerly bullish on long-dated Treasurys - is shortening the duration in his portfolio and calling on the Fed to wind it down. The economy is on "reasonably strong footing," says Rieder and unemployment faces "structural headwinds" only overcome with time - a view not at all shared by Bernanke. http://seekingalpha.com/currents/post/931491?source=feed#comment-17368811 17368811 Mon, 08 Apr 2013 15:31:25 -0400 The "widespread impression" is that "Texas is corrupt, callous, racist, theocratic, stupid, belligerent, and most of all, dangerous," writes Erica Greider in a new book. Greider sets out to counter this perception and explain why America should learn from the Lone Star State. The economy is thriving, helped by weak government, strict lending laws, Nafta, mass immigration and generous business incentives, not to mention lots of oil. http://seekingalpha.com/currents/post/929491?source=feed#comment-17317971 17317971 Sun, 07 Apr 2013 09:24:55 -0400 "iRadio is coming. There's no doubt about it," a music industry source tells The Verge's Greg Sandoval. After months of tough negotiations with studios, Apple (AAPL) is said to be aiming for a summer launch. The company's reported plan to limit the service to Apple hardware stands to affect its popularity with customers who listen to music on both Apple and non-Apple gear. Sandoval adds the music industry has "a love-hate relationship" with Pandora (P), believing (in spite of Pandora's gripes about royalty rates) it "chokes off demand" for more profitable services. http://seekingalpha.com/currents/post/916731?source=feed#comment-17000071 17000071 Fri, 29 Mar 2013 20:23:15 -0400 An increasingly vocal campaign is arguing for a go-slow approach in allowing U.S. exports of liquefied natural gas. Industrial firms such as DOW, HUN and AA fear that exporting LNG could hurt the U.S. by driving up gas prices. But an XOM exec asks, "Why should the U.S. government discriminate between a... project to liquefy natural gas and a chemical plant to solidify it into plastic pellets? Both create investment, both create thousands of jobs." http://seekingalpha.com/currents/post/908841?source=feed#comment-16975341 16975341 Fri, 29 Mar 2013 08:08:37 -0400 Shares of Pfizer (PFE +0.9%) hit a 52-week high earlier today after it announced the renewal of its non-exclusive research collaboration with KineMed. Under the the terms of the agreement, KineMed and PFE will collaborate on the advancement of novel approaches towards the treatment of Type II Diabetes. http://seekingalpha.com/currents/post/913151?source=feed#comment-16895131 16895131 Wed, 27 Mar 2013 15:25:04 -0400