Oceanstats's Comments Oceanstats's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.com/user/992399/comments Green Mountain Coffee Roasters (GMCR): FQ1 EPS of $0.76 beats by $0.11. Revenue of $1.34M (+16% Y/Y) beats by $10M. Shares +5.6% AH. (PR) http://seekingalpha.com/currents/post/809111?source=feed#comment-14681361 14681361 Thu, 07 Feb 2013 02:18:59 -0500 The weak NFP print increases the likelihood the Fed will launch fresh stimulus at its policy meeting next week, writes Jon Hilsenrath. Bernanke made clear (again) his concerns over the labor market in his Jackson Hole speech, leaving the suggestion he's itching to take action. Today's report, combined with ISM in contraction territory, may give him the opening. http://seekingalpha.com/currents/post/527511?source=feed#comment-9181101 9181101 Fri, 07 Sep 2012 09:40:52 -0400 The weak NFP print increases the likelihood the Fed will launch fresh stimulus at its policy meeting next week, writes Jon Hilsenrath. Bernanke made clear (again) his concerns over the labor market in his Jackson Hole speech, leaving the suggestion he's itching to take action. Today's report, combined with ISM in contraction territory, may give him the opening. http://seekingalpha.com/currents/post/527511?source=feed#comment-9180701 9180701 Fri, 07 Sep 2012 09:34:43 -0400 Zillow's new negative equity report shows nearly 16M U.S. homeowners, or 31.4% of all homeowners with a mortgage, were underwater in 2012 - a bit better than 2011's 32.4% but higher than estimates from CoreLogic and others. “It’s a $1.2T problem," Zillow's Stan Humphries says. “We think 2012 is going to be a great year for home sales, but a mixed picture for prices." http://seekingalpha.com/currents/post/334811?source=feed#comment-5782971 5782971 Thu, 24 May 2012 16:12:34 -0400 JPMorgan's (JPM) losses from its disastrous trades could reach $5B or more, the WSJ reports, as the bank struggles to unwind its positions. Major problems include increasing worries about Greece and the the EU economy. Meanwhile, the CFTC becomes the latest government agency to open a probe into the debacle, the NYT reports. http://seekingalpha.com/currents/post/326251?source=feed#comment-5626541 5626541 Sun, 20 May 2012 12:13:56 -0400 It seems like you're a nobody in government circles at the moment if you're not investigating JPMorgan's (JPM) $2B trading loss, with Reuters reporting that the FBI is now getting in on the act. That adds to inquiries by the DOJ, the Fed, the SEC, and the U.K.'s FSA, not to mention hearings in the Senate. No matter, shares are +3.7%. http://seekingalpha.com/currents/post/317781?source=feed#comment-5460051 5460051 Tue, 15 May 2012 13:17:57 -0400 The Fed approves the first-ever Chinese purchase of a U.S. bank, giving the green light to ICBC's (IDCBF.PK) purchase of 80% of Bank of East Asia. The Fed also approves applications by the Bank of China (BACHY.PK) to establish a branch in Chicago and Ag Bank of China to open a branch in NYC. http://seekingalpha.com/currents/post/307801?source=feed#comment-5278961 5278961 Wed, 09 May 2012 19:13:24 -0400 Netflix (NFLX -7.6%) closed at levels last seen in early January after Viacom (VIA, VIAB) stated on its FQ2 earnings call Epix's movies will be available on Netflix "under any circumstance," but other streaming partners might also be added. Last week, it was reported Apple (AAPL) is talking to Epix, which Viacom co-owns with LGF and MGM, about a streaming deal. Netflix's exclusivity ends in September. http://seekingalpha.com/currents/post/295901?source=feed#comment-5158551 5158551 Do a little research ....he did. In addition, at the end of the year he did not own a single share of stock. That is pretty telling to me and any investor. His options were a strike price of 1.50 so he cashed those out at the height of Netflix knowing he bungled a dozen issues. As long as stock was above $1.50 he made off like a bandit. Then, he gets a 68% pay raise in 2011 while Netflix loses 77%. Base pay stayed the same but his options allowance went up $3M. Imagine if Netflix didnot collaspe. He'd make $100M easy.]]> Sun, 06 May 2012 14:37:04 -0400 Do a little research ....he did. In addition, at the end of the year he did not own a single share of stock. That is pretty telling to me and any investor. His options were a strike price of 1.50 so he cashed those out at the height of Netflix knowing he bungled a dozen issues. As long as stock was above $1.50 he made off like a bandit. Then, he gets a 68% pay raise in 2011 while Netflix loses 77%. Base pay stayed the same but his options allowance went up $3M. Imagine if Netflix didnot collaspe. He'd make $100M easy.]]> Netflix (NFLX -7.6%) closed at levels last seen in early January after Viacom (VIA, VIAB) stated on its FQ2 earnings call Epix's movies will be available on Netflix "under any circumstance," but other streaming partners might also be added. Last week, it was reported Apple (AAPL) is talking to Epix, which Viacom co-owns with LGF and MGM, about a streaming deal. Netflix's exclusivity ends in September. http://seekingalpha.com/currents/post/295901?source=feed#comment-5079481 5079481 Thu, 03 May 2012 19:20:01 -0400 Facebook (FB) officially sets its IPO price range at $28-$35 in a new S-1. The company plans to sell 337.4M shares (180M in new shares, 157.4M from insiders) for a total offering size of $9.45B-$11.8B, higher than many expected. Mark Zuckerberg will sell 30.2M shares. The over-allotment option is 50.6M shares. Facebook's expected valuation range is $77B-$96B after factoring in restricted shares and options. IPO plays are following the tech sector lower: GSVC -3%. SVVC -3.1%. http://seekingalpha.com/currents/post/295191?source=feed#comment-5076931 5076931 Thu, 03 May 2012 17:41:54 -0400 The SEC has opened an informal inquiry into Chesapeake's (CHK -1.6%) program that granted Aubrey McClendon a share in each of the natural gas producer's wells, Reuters reports. Major shareholder David Dreman questions whether CHK's new statements that its directors had never reviewed or approved McClendon's actions were prompted by the SEC probe. http://seekingalpha.com/currents/post/277191?source=feed#comment-4830671 4830671 Thu, 26 Apr 2012 16:39:32 -0400 Sprint (S -4.4%) responds back to allegations it owes New York more than $300M in unpaid taxes and penalties. "We have collected and paid every penny of sales tax owed to New York." http://seekingalpha.com/currents/post/260511?source=feed#comment-4580481 4580481 Thu, 19 Apr 2012 11:40:24 -0400 Facebook (FB) has set an IPO date of May 17, sources tell TechCrunch, contingent on the SEC signing off on the company's paperwork in time. It's added Facebook will have an IPO valuation of $100B (reflecting recent trading on secondary markets), and (as expected) is looking to raise less than $10B. (S-1) http://seekingalpha.com/currents/post/258881?source=feed#comment-4562531 4562531 Wed, 18 Apr 2012 22:45:20 -0400 Why Is Amazon Buying CDs? http://seekingalpha.com/article/506121/comments?source=feed#comment-4562461 4562461 Wed, 18 Apr 2012 22:43:05 -0400 Electronic Arts (EA -3%), which currently has about 7,600 employees, plans to soon lay off 500-1,000 workers, reports Startup Grind. EA has been dinged by a dismal environment for U.S. console game sales, and also by an underwhelming reception for online role-playing game Star Wars: The Old Republic, in which the company has made an enormous investment. http://seekingalpha.com/currents/post/252131?source=feed#comment-4465921 4465921 Mon, 16 Apr 2012 10:54:04 -0400 Why I Am Content That I Sold Apple And Gave Up Trading http://seekingalpha.com/article/495121/comments?source=feed#comment-4377961 4377961 Thu, 12 Apr 2012 18:36:17 -0400 BioTime (BTX -9.3%) shares sink after a Seeking Alpha article by Martin Shkreli says the biotech smallcap is worth ~$20M vs. its current ~$221M market cap. "With only $22M in cash and limited operations... BioTime has a need for raising cash in the future... I predict BTX shares will drop at least 50% in the next 12 months." http://seekingalpha.com/currents/post/246371?source=feed#comment-4332591 4332591 Wed, 11 Apr 2012 15:04:59 -0400 More on Nokia's warning: Q1 Devices & Services revenue is expected to be just €4.2B, down 41% Y/Y (year-ago data). Feature phone shipments are expected to fall 16% Y/Y to 71M units, and smartphone shipments 51% to a mere 12M (easily less than half of Samsung or Apple's expected shipments), in spite of over 2M Lumia sales. Net cash & liquid assets are expected to fall to €4.9B, in spite of positive cash flow from troubled Nokia Siemens. NOK -17.1%. http://seekingalpha.com/currents/post/245181?source=feed#comment-4316541 4316541 Wed, 11 Apr 2012 09:05:08 -0400 U.S. stock futures point up, helped by better-than-expected results from earnings season leadoff hitter Alcoa. S&P +0.7%, Dow +0.6%. http://seekingalpha.com/currents/post/244721?source=feed#comment-4316211 4316211 Wed, 11 Apr 2012 08:57:42 -0400 Facebook's Instagram Buy Shows Change Of Strategy Pre-IPO http://seekingalpha.com/article/486301/comments?source=feed#comment-4273611 4273611 Mon, 09 Apr 2012 22:25:21 -0400 The eurozone may increase the combined size of its bailout funds to €700B, according to officials. This would be over the "opposition" of the Germans who are at least talking a good game about keeping it at €500B. http://seekingalpha.com/currents/post/205241?source=feed#comment-3533391 3533391 Fri, 16 Mar 2012 08:17:52 -0400 Despite the band-aid put on the Greek situation with the recent bond swap, the Greeks are inevitably going to default down the road, or write down 100% of their debt, says Wells Fargo Advisor's Scott Wren. Additional bailouts are likely, and other European nations such as Portugal and Spain may even jump on the bandwagon. http://seekingalpha.com/currents/post/193381?source=feed#comment-3311811 3311811 Thu, 08 Mar 2012 21:33:19 -0500 Despite the band-aid put on the Greek situation with the recent bond swap, the Greeks are inevitably going to default down the road, or write down 100% of their debt, says Wells Fargo Advisor's Scott Wren. Additional bailouts are likely, and other European nations such as Portugal and Spain may even jump on the bandwagon. http://seekingalpha.com/currents/post/193381?source=feed#comment-3311051 3311051 http://bit.ly/ysqqaF He also bought $4B in gov't debt. Trying to find the link.]]> Thu, 08 Mar 2012 20:56:45 -0500 http://bit.ly/ysqqaF He also bought $4B in gov't debt. Trying to find the link.]]> Despite the band-aid put on the Greek situation with the recent bond swap, the Greeks are inevitably going to default down the road, or write down 100% of their debt, says Wells Fargo Advisor's Scott Wren. Additional bailouts are likely, and other European nations such as Portugal and Spain may even jump on the bandwagon. http://seekingalpha.com/currents/post/193381?source=feed#comment-3310101 3310101 Thu, 08 Mar 2012 20:02:34 -0500 Amazon (AMZN) could be the big winner from the DOJ's suit against Apple (AAPL) and 5 top publishers, says Jeff Roberts. The suit could once more grant Amazon the power to determine e-book pricing, which means it could aggressively price them to boost Kindle demand. However, publishers would lose if consumers become accustomed to lower e-book prices, thereby threatening their high margins. As for Apple, the issue is a sideshow. http://seekingalpha.com/currents/post/193201?source=feed#comment-3307011 3307011 Thu, 08 Mar 2012 17:44:58 -0500 Ever wondered why many e-books seem way over-priced? The DOJ reckons Apple (AAPL) and 5 major publishers have been colluding to raise prices and undermine Amazon (AMZN), and plans to sue, the WSJ reports. The publishers include Simon & Schuster (CBS), Penguin (PSO), and HarperCollins (NWSA), with some of the parties involved in talks to settle. http://seekingalpha.com/currents/post/190751?source=feed#comment-3299301 3299301 Thu, 08 Mar 2012 14:20:33 -0500 Facebook (FB) is introducing Interest Lists, a feature that allows users to both create news feeds that revolve around particular subjects, and subscribe to feeds created by others. The feature, which follows last year's release of a subscribe button, is further proof that Facebook is trying to challenge Twitter's dominance in the realm of "public" social media content. http://seekingalpha.com/currents/post/192501?source=feed#comment-3299021 3299021 Thu, 08 Mar 2012 14:18:16 -0500 Ever wondered why many e-books seem way over-priced? The DOJ reckons Apple (AAPL) and 5 major publishers have been colluding to raise prices and undermine Amazon (AMZN), and plans to sue, the WSJ reports. The publishers include Simon & Schuster (CBS), Penguin (PSO), and HarperCollins (NWSA), with some of the parties involved in talks to settle. http://seekingalpha.com/currents/post/190751?source=feed#comment-3297741 3297741 Thu, 08 Mar 2012 13:54:22 -0500 Corporate insiders remain bearish this month, continuing to sell shares of their companies at a well-above-average pace. As of last Friday, the current insider sell-to-buy ratio stood at 6.56-to-1. A month ago, in contrast, it was 5.77-to-1. There hasn't been such consistent selling by insiders since May 2011. The last time this happened, a correction was right around the corner. http://seekingalpha.com/currents/post/187941?source=feed#comment-3233941 3233941 Tue, 06 Mar 2012 20:31:21 -0500 We need to stop worrying about every little correction in the stock market and more about jobs, says Ken Langone. He says unemployment is higher than the official rate of 8.3% because of the many people who have given up looking. If included, the unemployment rate could be as high as 13%. We have hardcore unemployment in America, Langone says, "What do you do about that?" http://seekingalpha.com/currents/post/187961?source=feed#comment-3233911 3233911 Tue, 06 Mar 2012 20:27:47 -0500