On Bloomberg with Stephanie Ruhle. Ruhle had to console the female analyst. So funny.
Unless they announce something major like a REIT spinoff or merger with CMG, I don't think the stock can crack $100 simply with menu revamps and anonymous paper bags.
I was in back when it was $28 two years ago. The products we deal with everyday as consumers are terrible. But under the hood MSFT is really a services company for businesses and corporations. Too many people like Goldman Sachs and Citigroup and CNBC still associate MSFT with windows and that is not correct.
The last ten earnings reports have pummelled the stock at least $5. At least this time it is down only $2, for now. This company is a disaster and should be put on sale.
Your comment brightened my day. Very well said. Bless your grandfather and father.
What they did was disgraceful, and to do it right when the market was already edgy. Everything from Intel to Analogue Devices got hurt, even though they make different chips. Credibility in question for sure.
ValueAct is one of the best in the bunch. AGU mgmt successfully painted Jana as a rash hothead and started the mud slinging (Jana took the bait), but it will be hard to do the same with ValueAct, a mature credible organization with good history that speaks for itself. MSFT is the latest example where ValueAct stepped in and turned a very big ship around. For AGU shares to spike the way they did, I believe the market is hinting that something very positive is about to happen.
I think Jana was not ready for the trickery and deception deployed by AGU mgmt. I still can't believe buying votes and coercing bankers are allowed!!
ValueAct will learn from Jana's experience. And remember, AGU shares were outperforming when Jana was trying to enact change. Now, the winds have turned against AGU mgmt. AGU shares have floundered this past year because the thesis post-Jana have failed. ValueAct will have more leverage. And maybe Jana might want to take another stab at this.
AGU and its shareholders deserve better. The way mgmt schemed to keep their jobs when under Jana's scrutiny should be punished. Their thesis post Jana has clearly not worked out, evidenced by quarter after quarter of misses. It has severely under performed CF Industries.
While the iPhone plus is too big for women's hands, it is too big for men's pockets as well. Apple should create an accessories line called iBag or iMurse to alleviate this problem.
Channel BNN, the CNBC of Canada, is reporting this. I guess this is just the beginning.
For more on this, google "reuters transcanada" you will find the article saying large TRP shareholders are being approached by a team of hedge funds to join forces to extract value. For whatever reason, TRP is a heavily shorted stock in Canada. Whether any of this comes to fruition, this latest move must be massive short covering just in case.
Being reported on the Canadian News channels, triggering this pop.