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  • Santander (SAN) CEO Alfredo will step down to be replaced by Javier Marin. The resignation follows a long protracted legal battle over whether the exec should be kicked out of banking due to a previous criminal conviction. SAN +1.5% premarket. [View news story]
    "Don't delete your account. That would signal weakness".

    Or, maybe it would signal disgust that's felt over Seeking Alpha's bias and double standards in editing.

    One day we'll know
    It is what it is
    May 9 04:58 PM | Likes Like |Link to Comment
  • Santander (SAN) CEO Alfredo will step down to be replaced by Javier Marin. The resignation follows a long protracted legal battle over whether the exec should be kicked out of banking due to a previous criminal conviction. SAN +1.5% premarket. [View news story]
    "...they dont lend the US money to small-mid size businesses here which is causing the ecenomy here to languish"

    I do not understand what Vincent and I, 2 retirees who enjoy collecting their generous SAN dividends (in cash or in tax-free shares) in their respective locations outside the USA, are supposed to do to save the small-mid size US businesses. After all, we are shareholders in SAN, not in small-mid size US businesses.
    May 6 02:25 PM | Likes Like |Link to Comment
  • Santander (SAN) CEO Alfredo will step down to be replaced by Javier Marin. The resignation follows a long protracted legal battle over whether the exec should be kicked out of banking due to a previous criminal conviction. SAN +1.5% premarket. [View news story]
    "I don't understand why the US Fed is subsidizing the yield with zero % loans to a Spanish bank".

    Only the US Fed can answer your question. Have you tried asking them?

    Meanwhile, just like VincentCh, I, too, am retired (since the age of 52. Why? Because I could/ I can) and am enjoying the fat dividend yield by SAN, among many others in my portfolio. Life is good!
    May 3 05:32 PM | Likes Like |Link to Comment
  • Santander (SAN) CEO Alfredo will step down to be replaced by Javier Marin. The resignation follows a long protracted legal battle over whether the exec should be kicked out of banking due to a previous criminal conviction. SAN +1.5% premarket. [View news story]
    "Our deposits"? "Our money"? "Get out of the USA"?

    My my! Tufenk is showing his true colors! Is this an investment forum or a nationalistic platform where an anonymous author voices his anti-foreigner sentiment?

    What's next? The Iraqis, Afghans, Japanese, etc. using this investment forum to ask the US presence to be discontinued on their territory?
    May 2 10:47 PM | Likes Like |Link to Comment
  • Santander (SAN) CEO Alfredo will step down to be replaced by Javier Marin. The resignation follows a long protracted legal battle over whether the exec should be kicked out of banking due to a previous criminal conviction. SAN +1.5% premarket. [View news story]
    If SAN isn't lending as generously as the debt-ridden US clients want it to, then all I have to say is "Good for SAN". I am glad to hear that the bank I'm invested in isn't wasting its funds on US customers with low credit rating.
    May 1 03:34 PM | Likes Like |Link to Comment
  • Santander (SAN) CEO Alfredo will step down to be replaced by Javier Marin. The resignation follows a long protracted legal battle over whether the exec should be kicked out of banking due to a previous criminal conviction. SAN +1.5% premarket. [View news story]
    "US: Loans and deposits rose by 1%"

    (Source:1stQ-2013 Results published by Banco Santander on 25 April 2013)
    May 1 03:34 PM | Likes Like |Link to Comment
  • Bear Hunter Ben, Draghi Vs. Chanos And The Bair [View article]
    [Saenz on the other hand continues to enjoy his job, his perks, his salary and being defended all at the expense of Santander shareholders....]

    I AM a Banco Santander shareholder, and I do not think that the CEO (Saenz) is causing me anything "at my expense". You had better stop pretending to know how I, a Banco Santander shareholder, feel about the CEO of the company I am invested in.

    Corzine isn't even tried, and that alone is a shame for the USA!
    Apr 15 12:56 AM | Likes Like |Link to Comment
  • Investment Rationale For Banco Santander [View article]
    With absolutely no disrespect to anybody out there, the opinions that count for me the most on SAN are those of VincentCh's (for whom I have tremendous respect), and those of my own. SAN is the 2nd largest position in my investment portfolio, and I follow the company on daily basis for that obvious reason. As for VincentCh, I believe that he is the best on SAN.
    Apr 11 06:42 PM | Likes Like |Link to Comment
  • A Whale, Too Big To Jail And Short A Spanish Fly [View article]
    "In the US, you are not allowed to be a CEO of a bank with a criminal record....."

    A.Saenz is not the CEO of a US bank, and, former Senators / MFGlobal CEOs/ "I-forgot-where-I-put-the money" Corzines are free as a bird in that USA.
    Mar 27 08:38 AM | Likes Like |Link to Comment
  • A Whale, Too Big To Jail And Short A Spanish Fly [View article]
    "I do not have a law degree.....".

    ... and you are not the CEO of a major international bank either, Tufenk. But, Alfredo Saenz is. As of this minute of writing he's the CEO of Banco Santander, while you are copying and pasting articles from newspapers.

    Disclosure: Long SAN. Enjoying over 10% dividend yield received in shares (my choice) free of tax. Adding through every weakness, including today.
    Mar 26 05:43 PM | Likes Like |Link to Comment
  • Weekly Performance Update On 7 Offshore Drilling Stocks [View article]
    ESV has just announced today 33% dividend increase, from the $0.375 per quarter to $0.50 per quarter.

    [I own SDRL, ESV, PACD]
    Feb 26 04:33 PM | Likes Like |Link to Comment
  • Heinz's (HNZ) trading the $72.50 deal price premarket isn't surprising. HNZ investors are likely to receive at least two dividend payments of $0.515, Citigroup says, hence the premium. [View news story]
    I love this deal.
    Feb 14 09:23 AM | Likes Like |Link to Comment
  • Investment Rationale For Banco Santander [View article]
    VincentCh,

    That was exactly my point. The Q4 report and the latest developments are positive (read: SAN is a good investment), yet the share price fell (read: buying opportunity) when the Spanish press reported that the minister of health had had her son's birthday party decorations financed through a slush fund. I added to my position another 4,812 shares during the week's weakness before the markets would realize that SAN is not owned by the Spanish Health Minister's 10 years old son!

    Every 41 SAN shares held today will earn its investors 3.07 additional shares in dividends, cost-free, tax-free, in the next 9 months.
    Feb 10 05:34 AM | Likes Like |Link to Comment
  • Investment Rationale For Banco Santander [View article]
    A summary of the past 8 days for SAN in Europe:

    The earnings report on 31 January (somehow not appreciated by the markets) and the ongoing political scandal surrounding the Spanish government led to share price fall during the first 8 days of February.

    I saw the above mentioned developments as an opportunity to buy, and, by consequence, I increased my existing position in SAN (plus the dividends that I received in new shares on the 7th, leading to further increase).

    SAN share price went up by 3.5% on Friday vis-a-vis Thursday's close.

    That is the summary of the developments in the past 8 days from my perspective. What will the future bring for SAN? I don't know, but I chose to wait and see with enough SAN shares in my portfolio.
    Feb 9 06:51 AM | Likes Like |Link to Comment
  • Seadrill: Downtime Has Negative Earnings Impact, But Positive Revenue Developments Remain [View article]
    I don't know the answer to your question re SDRL. So far only ESV, RIG,and DO's names have been associated with those bolts from GE, or with "appropriate safety steps".The latest press release by SDRL today does not say anything about this particular subject.
    Feb 8 09:26 AM | Likes Like |Link to Comment
COMMENTS STATS
1,205 Comments
1,992 Likes