Despite TEX not really being about technology it's partly about a "Chinese" offer which will be overanalyzed by US regulators. These execs would be nuts not to take a cash bid above the 52 week high and reward shareholders who have obviously suffered with the performance of this stock. If they reject this bid expect the lawyers to show up. One big issue is that if they sold the company these underperforming executives and board members will have some spare time on their hands. Take the bid and let the regulators figure it out.
His crazy rules about soda and food had an underlying purpose he recognized that NYC could not sustain it's health care liabilities so he floated and attempted ideas like the size of a soda hoping that some percentage of consumers may actually start to realize the cost of junk food and sugar in their diets and the affects on their lives down the line. He knew that delis and stores along with consumers would find a way around the rules if they were ever enforced but it was a small start to the larger problems. Bloomberg had so many ideas that were outside the box while he was Mayor unlike Rudy who takes credit for saving the city from it's demise....America's Mayor that's funny since most of the city workers despised Rudy.
Do you live in NY? If so you really have no sense of what Bloomberg did as a Mayor....he is not further left than Hillary and not even close to Trump as far as his views. You are not always right despite your posts and everyone is entitled to his or her opinion that's why we go to the polls every first Tuesday in November. If Bloomberg gets in mark this post Hillary will win no matter what any of us want. Take a close look at Trump's foreign policies he will make the US an isolated nation which markets will just love right?
But like I posted days ago CNBC now does a great job of help destroying the averages late almost each day lately. Today for the last 2 hours of trading they brought on one guest after another that said the sky was falling. The best one was the guy in the 2 o'clock hour who said he will buy when the S&P is at 1,500. OIL is the market direction but these algos do pick up on what is said on various networks and while these different guest were on the averages kept going down to new lows along with oil. For now there is no much out there for markets to move up other than oil finally finding a bottom and the dollar weakening the Fed could help with that on Wednesday but I wouldn't count on it they believe our economy is doing great.
In this market it is probably a good bet....I know MU is no AMZN but they did for most of their crazy run.
Trump says he welcomes Bloomberg that would be his worst nightmare if MB got in the race. Watching the news shows like meet the press and others all I keep hearing is that the real conservatives are scared to death if Trump gets the nod. Bloomberg would steal votes from both sides and would make it a very interesting 3 person race. I live in NY I might vote for him I would have to see. He was a good Mayor for NYC it did very well under his tenure.
working for the shorts which do not need help in this market. Cramer in the morning helping his hedge fund brothers each morning lately he brings down the futures with his sky is falling rants and sad faces from 9am to the open. Then each day they bring in all the negative mouth pieces from 3-4pm. Just now with 30 seconds to go the market drops near 40 points on Pisani's view on how pathetic this rally was and it was but you need to start somewhere to slow down the negativity. To be honest I made money shorting 3 stocks today but that is the trend for now but I do want things to get better. MU came out of nowhere today possibly with one of those one day wonders. Let's see if it can hold $11 tomorrow by the close.
I kind of favor the shares either bottomed or are close. Let's see if it can close over $10 I guess you need to walk before you can run.....I do agree about these clowns running the show.
That CEO was at Davos and said it would be tough. MU execs have truly dropped the ball on all parameters....not seeing China and slowdowns in many areas, investing even more into a commodity based product and not at least saying yes to the $22 and letting the regulators figure it out or set up rules if it they chose to.
Should have agreed with the $22 months ago and let the regulators figure it out. MU execs have done such a fine job since.
Earnings (if they have them) should disclose if the ride services are an issue or not. Obviously something is an issue here and it seems to be more than a few.