ATHENS, GREECE -- (Marketwired) -- 12/01/16 -- DryShips Inc. (NASDAQ: $DRYS) (the "Company"), an international owner of drybulk carriers and offshore support vessels, announced today that a company controlled by Mr. George Economou, our Chairman and CEO has become the lender of record under its $85.1 million Syndicated Loan previously arranged by HSH Nordbank. Following this transaction, entities affiliated by Mr. George Economou control the vast majority of our debt outstanding with total aggregate principal amount outstanding of $154.5 million. The remaining debt, of $16.5 million is associated with third party commercial lenders with which we have either reached or are in discussions to reach, an amicable settlement.
Mr. Anthony Kandylidis, Executive Vice President and interim CFO commented:
"We are very excited by the commitment shown by Mr. George Economou to assist
DryShips in its efforts to reach an agreement with its financing banks. With
more than 90% of our debt now in the hands of our founder, it is safe to
conclude that the Company is no longer in any danger from its lenders exercising
any of their rights under the Company's existing defaults under their respective
loan agreements. We are already in discussions with Mr. Economou to amend the
Company's debt and regain compliance. In that respect, we hope to be in a
position to announce further positive developments in the near future."
Thursday, December 1, 2016
Wednesday, November 30, 2016
$NTNX Moving higher in the pre market after reporting solid earnings last night. Stock originally traded off $2 after the earnings headline.
Company sees Q2 adjusted EPS (36c)-(35c), consensus (37c) Nutanix sees Q2 adjusted EPS (36c)-(35c), consensus (37c)
#Nutanix options imply 24.7% move in share price post-earnings, above median historical move
Nutanix should be bought on any weakness, says RBC Capital
RBC Capital analyst Matthew Hedberg says that Nutanix reported "strong" results, and he believes that the company's raised Q2 guidance "looks conservative." The analyst says that any weakness in the stock should be used "as an opportunity to own a disruptive vendor in the cross-hairs of hybrid-cloud computing." He raised his price target on the stock to $38 from $36 and keeps an Outperform rating on the shares.
Nutanix should be bought on weakness, says JMP Securities
After Nutanix reported stronger than expected results, JMP Securities analyst John Lucia says that the results were "positive," and notes that the company's billings jumped 87% year-over-year versus the consensus outlook of 63%. The analyst says that the results show "robust momentum in the hyperconverged market and continued market leadership." He recommends buying the shares on weakness.
Monday, November 28, 2016
$BAC $C: Watching for a minus to plus play for longs and continued follow thru on post election multi year highs.
$NTNX; Green pre market - Pure Storage, Nutanix among tech M&A targets, Barron's says
Tech newcomers Pure Storage $PSTG, Nimble Storage $NMBL and Nutanix $NTNX look like possible M&A targets for bigger firms searching for growth and innovation, Barron's contends in a 'Technology Trader' column. Potential buyers of the three companies include HP Enterprise (HPE) and Cisco $CSCO, the publication says. Barron's also names Splunk $SPLK, Veeva $VEEV, Atlassian $TEAM, ServiceNow $NOW, Box $BOX, Rapid7 (RPD), Twilio $TWLO, BlackLine $BL and Impinj $PI as possible takeout targets.
$FCX #Copper futures traded at an extended multi year high overnight $2.75/lb
Thursday, October 27, 2016
Tesla has a rare profitable quarter - Monster beat against analyst expectations (Tesla reports Q3 non-GAAP EPS 71c, consensus 9c) - guides solid-idly with respect to the Model 3 launch. Indicates its going to redefine Uber's model (The largest privately held company known) Yet the street continues to talk down the price as a 20-30% short float remains.
Tesla quarter not as good as it looks, says JPMorgan
JPMorgan analyst Ryan Brinkman says Tesla's Q3 earnings report is not as good as it looks. At first glance, the quarter looks like a "very strong beat" across all metrics, Brinkman tells investors in a research note. Tesla, however, reported a $139M benefit from the sale of Zero Emission Vehicle credits versus its guidance for a negligible amount, which alone helped earnings per share by 73c, the analyst contends. Brinkman also sees some "comparability issues" relative to Tesla's reported revenue, gross profit, and net income given the "complicated" change in accounting methodology. The analyst views the quarter as good, just not as good as it looks on the surface. He keeps an Underweight rating on Tesla with a $180 price target. The electric carmaker is up 5%, or $10.16, to $212.40 in pre-market trading.
Goldman sees Tesla's capital needs pushed out until Q3 2017
Goldman analyst David Tamberrino said Tesla reported a solid Q3 but it is not enough to overcome what he sees as increased risk to the company's capital deployment strategy and uncertainty in 2017 from the Model 3 launch. The analyst now expects Tesla will need to raise capital in Q3 2017 from Q4 2016 previously as the Model 3/gigafactory capex spend is weighted towards 1H 2017. Tamberrino raised his price target on Tesla to $190 from $185 and maintains his Neutral rating.
Oppenheimer remains cautious on Tesla Model 3 ramp
Following Tesla's Q3 results, Oppenheimer analyst Colin Rusch expects bulls and bears to see support for their theses in this quarter's report. While bulls will point to profitability, cash generation, solid deliveries, and guidance for Model 3 production in 2017, bears will pick apart gross margin, he noted. The analyst is encouraged by the company's improved cash management but remains cautious on the ramp of the Model 3 being slower and more expensive than investors expected weighing on shares. Rusch reiterates a Perform rating on the stock.
Tesla catalysts should drive shares higher, says Baird
Friday, October 21, 2016
This is a very good thing for the NASDAQ and overall markets. The last time Softee was at these levels was the peak of my trading career at the end of the gogo 90's. I own a Surface Pro and will definitely be looking forward to the launch of the PRO 5. Their earnings had a size-able beat due to the continued loyalty by big business to their office suite, and developing cloud business.
Pre market range $60.11 to 60.48. Last night ALL TIME HIGHS of $60.75 look to be taken
Disclosure: Long $MSFT
Microsoft results point to 'successful' mobile cloud strategy, says Oppenheimer
Following another "strong" quarter, Oppenheimer analyst Timothy Horan says Microsoft's results point to a "successful" mobile cloud strategy which is set to overlay artificial intelligence and may become a dominant full service cloud/communication service for enterprises. Further, the analyst believes multiple recent partnerships and customer wins as well as the pending release of SQL for Linux in the cloud should help drive solid growth over the next few years. He reiterates an Outperform rating and $62 price target on the shares.
Tuesday, October 18, 2016
Netflix is positive on the year now after dropping earlier in the 1st quarter of 2016.
Here are some the analyst upgrades so far pre market:
Netflix price target raised to $138 from $122 at Piper Jaffray
Netflix price target raised to $133 from $125 at Loop Capital
Loop Capital analyst David Miller raised his price target for Netflix to $133 saying the company exceeded all of his metrics in Q3. The analyst keeps a Buy rating on the shares.
Netflix price target raised to $140 from $122 at JPMorgan
JPMorgan analyst Doug Anmuth raised his price target for Netflix to $140 following the company's Q3 results. The stock is up 19%, or $18.84, to $118.64 in pre-market trading. Netflix is almost past its pricing changes and the benefits are starting to show up in the numbers, Anmuth tells investors in a research note. He believes the company's originals are working well, and notes some have global appeal. Anmuth thinks Netflix sets up as a "cleaner story" into 2017 and he reiterates an Overweight rating on the shares.
Monday, September 26, 2016
Friday, September 23, 2016
Thursday, July 14, 2016
I'm checking out the $MGT chart on #Mobile Trader with TD Ameritrade http://www.tdameritrade.com/mobileapp
Thursday, June 23, 2016
Hottest oversubscribed #IPO of the year up 90% - #twillio - Solid long on the open at $23.99 currently trading at $29.20 high. Priced a little to low it seems at $15 - Great deal for investors and traders...
Twilio makes communications easy and powerful. With Twilio's platform, businesses can make communications relevant and contextual by embedding real-time communication and authentication capabilities directly into their software applications. Founded in 2008, Twilio has over 500 employees, with headquarters in San Francisco and other offices in Bogotá, Dublin, Hong Kong, London, Mountain View, Munich, New York City, Singapore and Tallinn.