Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

A O Smith Corp V.AOS


Primary Symbol: AOS

A. O. Smith Corporation applies technologies and solutions to products manufactured and marketed worldwide. The Company operates through two segments: North America and Rest of World. Both the segments manufacture and market a comprehensive line of residential and commercial gas and electric water heaters, boilers, tanks, and water treatment products. Its Rest of World segment is primarily comprised of China, Europe, and India. The North America segment serves residential and commercial end markets with a range of products, including water heaters, boilers, water treatment products, and other. The Company also manufactures expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, related products and parts. Its Lochinvar brand is a residential and commercial boiler brand in the United States. Its water softener branded products and problem well water solutions include the Hague, Impact Water, Water-Right, Master Water, Atlantic Filter and Water Tec brands.


NYSE:AOS - Post by User

Comment by theTransporteron Nov 24, 2013 10:41pm
174 Views
Post# 21936850

RE:RE:RE:RE:RE:Africa Oil

RE:RE:RE:RE:RE:Africa Oil I'm not sure how that would pan out as yes, under the act the land must be restored back to its original condition which is not a problem and budgeted when a company actually extracts the oil from the land, makes decades of revenue as a result, and once the oil is depleted, return the land back to original condition.  No problem for a company that made lots of revenue.

In this case AOS never got to the stage to benefit from the land as the lease cancelling happenned prior to any production.  They may have a case that doesn't fall under any act, and may argue that their compensation package include the cost of returning the land back to a natural state.

No one should be penalized for having their lease cancelled abruptly.
<< Previous
Bullboard Posts
Next >>