breadshitters
tyb
arrrr! captain
CRAY CFO sold shares-$2.8m-May 13-16
Cap#1 is filed today, cap 2 is recent
Cray Inc. is engaged in designing, developing, manufacturing, marketing and servicing the high performance computing (HPC) market, primarily categories of systems known as supercomputers. The Company's segments include Supercomputing, Storage and Data Management, Maintenance and Support, and Engineering Services and Other. The Supercomputing segment includes a suite of supercomputer systems, which are used by engineering centers in universities, government laboratories, and commercial institutions. The Storage and Data Management segment includes Cray Data Warp and Sonexion, as well as other third-party storage products and their ongoing maintenance and system analysts. The Maintenance and Support segment provides ongoing maintenance of Cray supercomputers, big data storage and analytics systems, as well as system analysts. The Engineering Services and Other segment includes the Company's analytics business and Custom Engineering.
Number of employees : 1 273 people.
https://www.marketscreener.com/CRAY-INC-8887/company/
Hewlett Packard Enterprise to buy supercomputer maker Cray in $1.30 billion deal
(Reuters) - Supercomputer manufacturer Cray Inc said on Friday it would be bought by Hewlett Packard Enterprise Co in a deal valued at about $1.30 billion, net of cash.
The $35 per share value represents a premium of 17.4% to Cray’s last close.
HPE said it expects the deal to increase its footprint in federal business and academia, and sell supercomputing products to its commercial clients.
The deal, expected to close by the first quarter of HPE’s fiscal year 2020, will add to its adjusted operating profit in the first full year after closing.
As part of the deal, HPE expects to incur one-time integration costs that will be absorbed within its fiscal year 2020 free cash flow outlook of $1.9 billion to $2.1 billion that remains unchanged.
https://www.reuters.com/article/us-cray-m-a-hpe/hewlett-packard-enterprise-to-buy-supercomputer-maker-cray-in-1-30-billion-deal-idUSKCN1SN1CN
https://www.secform4.com/insider-trading/949158.htm
Asian shares near four-month lows on Huawei fallout fears
TOKYO (Reuters) - Asian shares wobbled near four-month lows on Tuesday on mounting worries the White House’s black-listing of Chinese telecom giant Huawei Technologies could further inflame already tense relations between Washington and Beijing.
MSCI’s broadest index of Asia-Pacific shares outside Japan was flat in early trade but stayed close to a four-month low touched on Friday. It has fallen about 8% from a nine-month peak hit just over a month ago. Japan’s Nikkei fell 0.5%.
The U.S. government on Monday temporarily eased some trade restrictions imposed last week on China’s Huawei, allowing the company to purchase American-made goods to maintain existing networks and provide software updates to existing Huawei handsets for 90 days.
But that was of little comfort for investors who are worried about increasingly acrimonious atmosphere between the world’s two biggest economies.
Some U.S. companies, such as Alphabet’s Google and Lumentum Holdings Inc, have already started to limit services to Huawei.
“The determination of the U.S. administration to paralyze China’s aspirations to become a technology super power is clear when you consider that its actions against Huawei are not only damaging to China’s technology sector, but also the US tech sector,” Shah said.
Corporate earnings guidance provided to investors so far does not take into account the impact of the Huawei ban, said Nobuhiko Kuramochi, chief strategist at Mizuho Securities.
(they just started to today-downgrades on Apple, Tesla, Douchebank, Blue Apron and UBER/Lyft shitting the bed performance-wise since IPO.)
Markets showed scant reaction to speech by Federal Reserve Chairman Jerome Powell, who dismissed comparisons between the rise of business debt to record levels in recent years and the conditions in U.S. mortgage markets that preceded the 2007-to-2009 economic crisis.
(of course it's different THIS time.)
Fed Chair Powell: Business debt is rising but does not pose a threat to the system
https://www.cnbc.com/2019/05/20/business-debt-rising-but-not-posing-threat-to-system-fed-chair-powell-says.html
In the foreign exchange market, major currencies were on the sideline for now.
The euro was under pressure ahead of the European election this weekend but was little moved at $1.1169, off Monday’s low of $1.1150, its lowest level since May 3.
The dollar slipped slightly to 110.05 yen from Monday’s near two-week high of 110.32 yen.
The British pound is listless near four-months, trading at $1.2728, just a stone throw from Friday’s low of $1.2714, as an embattled UK Prime Minister Theresa May struggled to pull together a Brexit deal.
(see Cap#3)
The offshore yuan stood at 6.9403 to the dollar, just above Friday’s 5-1/2-month low of 6.9497.
(line in the sand is 7-gets there and the PBOC has to do something whether they like it or not.)
Oil prices held near multi-week highs as OPEC indicated it was likely to maintain production cuts while escalating Middle East tensions provided further support.
Brent crude futures traded up 0.1% at $72.07 per barrel while U.S. crude futures fetched $63.30 per barrel, up 0.3 percent.
(gotta keep those ARAMCO bonds performing)
https://www.reuters.com/article/us-global-markets/asian-shares-near-four-month-lows-on-huawei-fallout-fears-idUSKCN1SR04M?il=0
https://www.cnbc.com/asia-markets/
https://www.bloomberg.com/quote/GBPUSD:CUR
ty was just about to notify
Tesla Director sells shares-$8.8m-May 16
Cap#1 is today, Cap#2 is EM's buy filed on May 2.
from May 7th
Elon Musk Confirms He Bought $25 Million in Tesla Stock Last Week
https://www.barrons.com/articles/elon-musk-tesla-stock-buy-51557202259
Tesla designs, builds, and sells electric vehicles. Sales break down by activity as follows:
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sale of automotive vehicles (82.2%);
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sale of energy generation and storage (7.2%);
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services (6.5%): primarily maintenance and repair services. The group also develops sale of power train assembly components for electric vehicles activity;
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automotive leasing (4.1%).
At the end of 2018, the group had 4 production sites located in the United States (3) and the Netherlands.
Sales are distributed geographically as follows: the United States (69.3%), China (8.2%), the Netherlands (4.5%), Norway (3.8%) and other (14.2%).
https://www.marketscreener.com/TESLA-6344549/company/
https://www.secform4.com/insider-trading/1318605.htm