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kfagin

kfagin
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  • North American Palladium: Is It Really Possible To Avoid Bankruptcy? [View article]
    "Money Morning" was touting Palladium as a "slam dunk" profitable investment approx 1.5 to 2 years ago.
    Woe be to any investor who bought PAL on "Money Morning's" recommendation without any Stops in place.
    Apr 6, 2014. 01:57 PM | 1 Like Like |Link to Comment
  • Caterpillar (CAT +0.5%) acquires Sweden's Johan Walter Berg AB, a maker of driven propulsion systems and marine controls for ships, in an effort to expand its offerings of advanced marine power products. The company will become part of CAT's marine and petroleum power division. Terms of the deal weren't disclosed, but the sale is expected to close in Q3 2013. [View news story]
    But are they, in turn, still "sticking to the knitting" ?
    Jul 1, 2013. 01:36 PM | Likes Like |Link to Comment
  • North American Palladium (PAL +12.3%) jumps after announcing a series of steps to secure financing for the expansion of the Lac des Iles mine including a $130M term loan from Brookfield Asset Management and a private placement of shares which will gross $20M. (Also: PAL falls on production outlook[View news story]
    Wonderful !
    Jun 9, 2013. 08:20 PM | Likes Like |Link to Comment
  • Caterpillar (CAT -1.7%) and the United Steelworkers Union have suspended contract negotiations for mining machinery workers in Milwaukee after talks broke down earlier this week. The union rejected a proposed contract that would have frozen hourly wages for six years, installed a lower wage scale for new hires, altered pension benefits and allowed the company to disregard workers' seniority when selecting employees for short-term layoffs. Workers say they will continue to report and presently have no plans to stage a walkout. [View news story]
    Any wonder the workers refused this offer ?

    Would have been bad enough if they received no raise for 1 year, let alone 6 years, given the chances of inflation around the bend, with Uncle Ben's Fed's policies !
    May 11, 2013. 01:45 AM | Likes Like |Link to Comment
  • McDonald's: Why I Am Hesitant To Buy [View article]
    With 18.94 P.E. ratio (trailing 12 months) agree that, for existing shareholders, a hold decision is still warranted.
    May 7, 2013. 03:15 PM | Likes Like |Link to Comment
  • North American Palladium Management Discusses Q1 2013 Results - Earnings Call Transcript [View article]
    Have to agree with rjroberts.
    One is not exactly "inspired with confidence" in the mgmt's message to the stockholders.
    May 6, 2013. 11:26 PM | Likes Like |Link to Comment
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