MDAS should be MDASSES
I would look back and see that is a great time to retire debt with an 5 million share sale.
Low volume and options are moving the stock. Baker brothers are likely looking to acquire more shares in anticipation of a future takeover bid. INCY will see 40 before 32. Next week I am thing 38,75 as close...
The stock of XLS is a defacto non-cash bonus train for insiders. They incent the insiders so heavily with stock at -$0- cost outside shareholders support the non-cash bonus. It's a real shame that the Board of Directors is so stupid and overpaid to correct the situation but Melcher pays them so much they don't want the gravy train to end. Look at board compensation in the proxy. They are paid way too much as is Melcher.
This fund manager had best be replaced. Fund barely up in strong world wide market. Janus owes shareholders bettere performance than this clown. Hit the road Brent
Look for HIG to be bot by Liberty or a AIG.
Seems to me that XLS has inept pension fund management. I have almost never heard a CFO explain underfunding related to a "asset" taht imploded. What is the story at this company??? Fire the pension manager and seek restitution for mis-management. The Board of Directors had better act or I smell grounds for a shareholder suit for lack of oversight.
They need to terminate their pension plans and convert to defined contribution 401-K plans. Why are they so foolish? Because a defined benefit plan is almost as sweet as a government pension and that's where these clowns come from. They are used to taxpayers paying them into retirement. Time to end the gravy train.If Melcher doesn't do or say something meaningful at earnings XLS is an $8.00 stock with no bottom.
You are incorrect on pensions. They can be frozen for current participants and the participants can be offerred defined contribuition plans instead(401-K) . XLS is a big old company pig with old thinking management and a Borad of Directors that is only one-step away from their previous employer the US government. They are a poorly governed corporation that will have to chage or they will cease to exist.
The BOD of XLS had better read the writing on the wall. They are dinosaurs and the company cannot support the ongoing unfunded pension overhang. The no good SOBS on the BOD are sitiing pretty while public shareholders get the bag. If a pension or other fund like Blackrock had cajones they would read these old BOD members thye riot act. Until XLS cuts overlapping jobs throughout the company and clears the unfunded pension liabilities they go nowhere. These "acquistions" are nothing more than a MBO objective so the CEO earns out his pay model. This is just like the book-Sovreign Stae of ITT plus 35 years. Bigger than bloated and unable to create value. I hope they get aquired and these clows are shown thje door. How many p.r. clones can one company have?????
Sentiment: Strong Sell
This entity. Calling it a corporation is stretching things. DOES NOTHING for shareholders. Oh to be an insider or Board member at XLS. You have all of us foolish outsiders supporting your NQSO,DSO and cliff vesting options. What do public shareholders get sub-standard performance, bloated top management and zero share appreciation.Time the BOD gets out of their dreamland and cut staff.
SCHW is a second tier broker whose time has passed.
It's a shame when an "investment adviser" use a financial publication to tout a stock while likely unloading shares. Barron's should investigate what their "Reporter" earned for his "story". Barrons is no better than Wall Street Cheat Sheet.
Since the CEO's unlaoding began the stock has sunk. Why buy when one of the most senior management execs. is unloading on a continual basis.
Sentiment: Strong Sell
I seem to remember that INCY has afair amount of debt that need refinancing and wonder how they will accomplish that feat given their sub-par role out of new drug? additionally,INCY is not shy about asking for help from State of Delaware for cash to say? Boy the Board of Directors has let the management of this company run away with the store...