The fund generally invests in
stocks of companies selling below what RE Advisers believes to be their fundamental value.
For example, when you bought
the stock of a company selling below net cash and the operating business was not losing money, then you were effectively getting the business for free.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability
of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost
of accommodating, announced increases in the build rates
of certain aircraft; 6) the effect on aircraft demand and build rates
of changing customer preferences for business aircraft, including the effect
of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result
of global economic uncertainty or otherwise; 8) the effect
of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution
of key milestones such as the receipt
of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation
of our announced acquisition
of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability
of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk
of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production
of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts
of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak
of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact
of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition
of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect
of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect
of changes in tax law, such as the effect
of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations
of or guidance related thereto, and the
Company's ability to accurately calculate and estimate the effect
of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability
of raw materials and purchased components; 23) our ability to recruit and retain a critical mass
of highly - skilled employees and our relationships with the unions representing many
of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment
of interest on, and principal
of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness
of any interest rate hedging programs; 28) the effectiveness
of our internal control over financial reporting; 29) the outcome or impact
of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition
of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result
of the acquisition; 33) our ability to continue
selling certain receivables through our supplier financing program; 34) the risks
of doing business internationally, including fluctuations in foreign current exchange rates, impositions
of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated
stock repurchase plan, among other things.
Despite returning to profit growth last year, investors
sold off the
company's
stock after Exxon reported fourth - quarter results that fell short
of Wall Street's expectations.
Phil Davidson sees the
company's prospects rising with those prices, so much so that if oil has a very long rally, «we will probably be out
of the
stock,»
selling to take profits.
Harley - Davidson, another
company with a great
stock symbol (NYSE: HOG), had revenues
of $ 6 billion last year, mostly from
selling close to 270,000 cruisers.
The U.S. Securities and Exchange Commission yesterday suspended trading in the
stock of a small business called The Crypto
Company, citing concerns about the «accuracy and adequacy»
of information it provided about marketing costs and insiders» plans to
sell shares.
Capping off 2017, the
company say its
stock jump 3.9 % when Metro Inc. began
selling back the majority
of its Couche - Tard shares — about $ 1.55 billion worth — to help fund its purchase
of sister drug store chain Jean Coutu Group Inc..
HOUSTON, April 20, 2018 (GLOBE NEWSWIRE)-- Bellicum Pharmaceuticals, Inc. (NASDAQ: BLCM) a clinical stage biopharmaceutical
company focused on discovering and developing cellular immunotherapies for cancers and orphan inherited blood disorders, today announced the closing
of its previously announced underwritten public offering
of 9,200,000 shares
of its common
stock, including 1,200,000 shares
sold pursuant to the underwriters» full exercise
of their option to purchase additional shares, at a public offering price
of $ 7.50 per share.
While Cramer wasn't sure if
selling Apple amid the decline warranted a shameful Post-It — after all, the
company's smartphone sales growth is slowing — he lamented about Wall Street's coverage
of the
stock.
This feedback can help business owners find out if their products,
stock, pricing, and placement are appealing to customers; measure the training and performance
of frontline employees; learn if competitors do a better job at sales, service, marketing, and operations; identify if employees are following
company procedures or compliance practices; and, increase focus on service and
selling to help convert browsers to buyers, Warzynski explains.
With the holidays coming on fast, the
company quickly
sold out
of its
stock of 25,000 units.
Ma reaped more than $ 800 million
selling shares in the
company he set up 15 years ago as Alibaba listed on the New York
Stock Exchange Friday, based on
company filings, with the value
of his remaining stake
of 7.8 percent surging to more than $ 17 billion by Monday.
Great
companies are immune to the vicissitudes
of the
stock market, and the
sell - off should further support the idea that your time is best spent on business fundamentals, no matter what.
Mark Pincus, the founder
of video game
company Zynga Inc, must face a lawsuit alleging he unfairly benefited by
selling $ 192 million
of stock in 2012 when other early investors were under a lockup agreement, according to a court ruling.
Pandora's shares will now debut on the New York
Stock Exchange and
sell at a price between $ 10 and $ 12, up from the
company's original IPO pricing
of between $ 7 and $ 9.
The entrepreneurial dream
of selling a startup for megabucks came true for the founders
of photo - sharing app Instagram when Facebook agreed to buy the
company for $ 1 billion in cash and
stock.
The
company is
selling 8 million shares
of its
stock at $ 24 per share, according to a statement.
The worst crisis in the 54 - year history
of Le Château Inc. came to a head last June, when the only analyst still covering the
company slapped a
Sell rating on its
stock.
In September, the
company's
stock reached a 100 % increase over last year, as Tsai and Ma discussed
selling up to 22.5 million (or US$ 4 billion worth)
of the
company's shares.
The kingdom is due to list shares in Saudi Aramco in both Riyadh and at least one other foreign
stock exchange by 2018,
selling up to 5 %
of what will likely become the world's biggest
company by market capitalisation.
Companies spend enormous resources trying to «go public,» meaning that it becomes legal to
sell stock to lots
of people.
These employees and investors have
stock in a
company that they can tell is doing well, and they want to
sell it to the public and make a lot
of money.
Kevin O'Leary told CNBC on Monday he's working on a deal to allow a «very prestigious brand hotel» in New York
sell ownership in the
company through a $ 400 million cryptocurrency offering instead
of a
stock IPO.
In disclosing its C - suite security spending, Herbalife explained that it had detected threats to the
company and several
of its executives, «specifically Mr. Johnson,» in 2013 — the same year that Bill Ackman publicly attacked the
company as part
of his short -
selling campaign to depress the price
of its
stock.
The
company has raised $ 555 million in the process by
selling 37 million shares ahead
of its debut on the New York
Stock Exchange on Friday.
Should the value
of those
stocks fall, the
companies could find themselves obliged to
sell off shares to meet margin calls.
Buffett had said in his 2009 annual letter that he had
sold some J & J (and other
stocks as well) to raise money for Berkshire's investments in Swiss Re and Dow (DOW), and also the
company's purchase
of Burlington Northern.
However, investors will also be very much focused on the
company's television properties, especially sports network ESPN, which struggled with subscriber losses last year that spooked the market into an industry - wide
sell - off
of media
stocks.
For instance, Albert Wiggin, head
of Chase National Bank, cleaned up during the crash
of 1929 by short -
selling his own
company stock.
Jeff Bezos and his
company Blue Origin want to get space tourists into orbit as soon as next year, and he said recently that he is
selling $ 1 billion worth
of Amazon
stock to fund the venture.
The idea that small
companies should be able to
sell small amounts
of stocks and bonds to investors — which they've been prohibited from doing since the Depression — has exploded over the past few years.
He rates the
stock «underperform» — Wall Street speak for
sell — as he believes it is overvalued even at current depressed prices, citing the risk that investors» sentiment on the
company will sour further if it is accused
of fraud or «other impropriety» surfaces.
Subiaco - based Batavia Mining Ltd has signed a Letter
of Intent to
sell its Gullewa tenements, located east
of Geraldton in the Yilgarn Goldfields, to Toronto
Stock Exchange listed
company, ATW Venture Corporation.
The head
of a small
company that has attracted controversy over its ties to cryptocurrency said that he is not going to
sell his shares while he is fighting $ 1.4 billion in bets against the
stock.
Uber CEO and co-founder Travis Kalanick is on record as saying that, to date, he has never
sold any
of his
stock in the
company.
Professional investors make their entire living analyzing the
companies that are listed on
stock exchanges and buying and
selling their shares based on what they believe is the value
of those
companies.
Many millions
of shares in Chinese
companies have since been bought and
sold by foreigners, but none
of those
stocks changed hands in mainland China.
Instead, they've created a legal device called
stock appreciation rights (SARs), a kind
of phantom
stock that can be bought through payroll deductions and that pays off, according to a formula, when the employee retires or if the
company is
sold.
Big
companies often have thousands if not hundreds
of thousands
of employees, billions in cash, access to more through borrowing and
selling stock, a big sales force and a plethora
of patents.
(His Alteon
stock was worth hundreds
of millions when the
company was
sold, and he didn't need the money.)
The
company, which has approximately $ 30 billion in debt, saw its
stock drop to all - time lows as it dipped under $ 11 per share on Tuesday after news emerged that Ackman and his hedgefunder were
selling their entire position
of approximately 27 million shares.
That's a departure from a traditional initial public offering in which a
company and a few select investors first
sell a limited amount
of stock at a starting price determined by investment bankers who spend weeks gauging investor demand.
Equifax officials are also reportedly being investigated by the US Justice Department after
selling stock before the
company revealed a data breach that exposed the personal information
of millions
of Americans.
Note the similarity here to the controversial practice
of short -
selling stocks, wherein a trader is betting that the value
of a
stock is going to go down — that is, betting that the
company will do poorly.
Meanwhile, AT&T will also have to
sell the virtue
of the merger to skeptical investors, who have so far reacted to the news by marking down the
stocks of both
companies, and to the business community.
The share price surge
of the Internet - based retailer and cloud services
company since the market
sell - off at the beginning
of the year has far outpaced the other so - called FANG
stocks of Facebook (fb), Netflix (nflx), and Google - parent Alphabet (googl) that led the broad U.S. market in 2015.
«Basically, if employees did not wait six months to
sell their
stock after they exercised their options, they would have to return all profits to the
company because
of something called the short - swing profit rule.»
A million
of that will go to
company growth, the other $ 2.5 million will provide a bit
of liquidity to the founders and early team members, who can
sell their
stock options as part
of the investment round.
Which is, doubtless, what Block intended: his firm, Muddy Waters, openly
sells short
stock of companies it attacks.