To: richardred who wrote (4209) | 8/22/2016 12:40:13 PM | From: richardred | | | RE-SLGD Finished today and sold piece meal over the last two week the entire stake in SLGD. Out with moderate gain. I didn't want to wait around to see if Church & Dwight renews their contract in Dec. |
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To: richardred who wrote (4238) | 8/23/2016 9:49:27 AM | From: richardred | | | Well they did renew, but market reaction didn't seem positive. 8K maybe this had something to do with it. snip> eliminates hair salons and distributors to hair salons from the Company’s distribution channels for all products it distributes for Church & Dwight.
>On August 22, 2016, Scott’s Liquid Gold-Inc., a Colorado corporation (the “Company”), through its wholly owned subsidiary, Neoteric Cosmetics, Inc., entered into an amendment to its distribution agreement with Church & Dwight Co., Inc. (the “Amendment”). The Amendment extends the term of the existing distribution agreement through December 31, 2017, which will be extended automatically for additional one-year terms, unless terminated by either party 180 days prior to the end of the relevant term. Among other things, the Amendment adds Toppik products, a line of hair care, color and styling products, to the portfolio of brands the Company will distribute through the specialty retailer channel and effective January 1, 2017, eliminates hair salons and distributors to hair salons from the Company’s distribution channels for all products it distributes for Church & Dwight. |
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To: richardred who wrote (3372) | 8/24/2016 1:25:28 PM | From: richardred | | | New buy today. RE-ENTRY of GNE- Genie Energy Ltd.
I don't take the Farmers almanac for gospel. However IMO it still seems NG prices are a bargain. Anyway it just might be a cold winter for residential customers which GNE supplies. The unit is actually more profitable now than when I first bought in. Dividend is 3%ish while waiting to find out how this winter pans out. Anything extra on their oil & exploration side is an added bonus IMO.
P.S. FWIW I thought this company's stock symbol has more biotech connotations ( GNE )than energy. I do like Genie's name. Maybe (LAMP) would be a better stock symbol. :+ ) Wish one -I make some money on it.
General Long-Range Weather 2017
Get ready for a shift from last year! For the winter of 2016–2017, we expect temperatures to be much colder than last winter but still above normal. Winter 2017 will also feature below-normal snowfall overall; the snowy exception is the northern tier of the U.S., which can expect to be blanketed in white.
Winter will be colder in much of the eastern two-thirds of the nation. Exceptions will be in a swatch from North Dakota to Maine, which will have below-normal temperatures. Most of the Pacific states will have below-normal temperatures, with above-normal temperatures in the Intermountain region and Desert Southwest. Snowfall will be above normal from southern New England and western New York southward through the Appalachians, but not in northern New England. Snowfall with also be above what’s typical from eastern Minnesota to the UP (Upper Peninsula) of Michigan and southward to St. Louis, Missouri; and from central North Dakota westward to the Pacific. We expect below-normal snowfall in most other places that normally receive snow. Precipitation will be below normal across most of the southern two-thirds of the nation. However, precipitation will be above normal in the North, with the primary exceptions being above-normal rainfall in northern California, southern Oregon, portions of the western Lower Lakes region, and Florida. With rainfall below normal in most of California, the drought there will continue. In Canada, brace for more snow and colder-than-average temperatures throughout most parts of the country. The exceptions to the winter of white will be Manitoba, portions of Saskatchewan, and northern sections across the land. While snowfall will generally be below normal in these areas, temperatures will remain chilly almanac.com |
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To: richardred who wrote (4233) | 8/25/2016 9:19:57 AM | From: richardred | | | Berry Plastics to buy AEP Industries to expand in North America. reuters.com
P.S. Berry a backyard company for me. formerly Pliant Corp-formerly Exxon/Mobil/ formerly Huntsman/ formerly Tennaco Packaging/ formerly Mobil Chemical / Formerly- Kordite Corporation
en.wikipedia.org |
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To: richardred who wrote (4183) | 9/6/2016 8:40:38 AM | From: richardred | | | Bayer sweetens Monsanto bid as talks enter final stretch.
German pharmaceutical and crops manufacturer Bayer said on Monday that its negotiations with Monsanto had advanced, and it was now willing to offer more than $65 billion to acquire the world's largest seed company.
Bayer's announcement came as the gap in price expectations between the two companies has narrowed significantly, although important terms, including potential divestitures in case of antitrust scrutiny, have yet to be agreed on.
However, one leading shareholder in Monsanto, John Bennett, director of European equities at fund manager Henderson Global Investors, said he opposed the revised terms of the offer, Reuters reported.
Bayer in a statement said that it was prepared to offer $127.50 per share in connection with a negotiated deal, up from its previous offer of $125 per share. The Bayer statement confirmed a report by German daily Rheinische Post earlier on Monday.
Rheinische Post also reported, citing sources which it did not identify, that an offer of $130 per share may be necessary to clinch a deal with Monsanto "in a swift and friendly way."
Bayer's bid was already the largest all-cash proposed takeover on record. A deal with Monsanto would give the German company a shot at grabbing the top spot in the fast-consolidating farm supplies industry.
ChemChina agreed earlier this year to buy Switzerland's Syngenta for $43 billion, after the latter rejected takeover approaches from Monsanto. Dow Chemical and DuPont are forging a $130 billion merger, which is to be followed by a break-up into three businesses.
In July, Bayer raised its earlier offer of $122 per share to $125 to put Monsanto under pressure to engage further.
Monsanto subsequently turned down Bayer's $125 a share offer, but said it was open to further talks with the German company, as well as other parties.
Reuters reported last month that Monsanto's talks with Bayer were making progress, with the latter receiving some limited access to Bayer's books.
Since then, negotiations have advanced further, with more information exchanged between the two sides and the chief executives of the two companies engaging in direct discussions, according to people familiar with the matter, who asked not to be identified because of the confidentiality of the talks.
However, while the two companies are close to reaching an agreement on price, they have yet to agree on a strategy on how to jointly tackle potential antitrust challenges, the people said.
cnbc.com |
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