A number of acquirers in 2004 have digested transactions and may do more in 2006. |
Banks are between a rock and a hard place. |
Because its three main competitors shot the lights out, Bank of New York's solid, respectable results disappointed people. |
Buyers are also more eager to do deals, because earnings growth is likely to slow. You can do a 'smokescreen' deal by buying an asset manager, commercial lender or processor, making it tougher to determine a company's true organic growth. |
Canadian banks are all looking for opportunities to grow in the United States. |
Everything they did in this communication was as if they had something to hide. They flunked it big-time. |
For big banks that want to remain major players, this move is going to force them to make strategic mergers, just like 1998. |
I don't know any strong company that cuts its dividend in half. |
I unequivocally believe this was leaked. |
I wouldn't view this as any indication the company is putting itself up for sale. I think it's an indication of better corporate governance. What they are trying to show everyone is that there's not going to be any artificial hurdles to them being acquired. |
If it were as negative as it appears on the surface, Microsoft stock would be dropping like a rock, and it's doing just the opposite. It doesn't appear to be something that's material in nature. |
If it were as negative as it appears on the surface, Microsoft's stock would be dropping like a rock, and it's doing just the opposite. The market is apparently saying, financially speaking, this is not a devastating event for Microsoft. Of course, as more news come out, that might change. |
If we see a recovery this year and it becomes a stronger one than we expected, that will adversely affect bank stocks like they did in 1994 and 1999. |
Investors that were hoping for the sale of the company will be disappointed by this announcement. Investors who are in it for the long run will be pleased. I think this is a very strong choice, a very good choice for the company to bring in a Bob Kelly to run it. |
It should be a win for consumers. |