8 ordspråk av Jon Cartwright

Jon Cartwright

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en The bottom line is the high energy prices have created a huge cash position at many of these energy companies. They can either buy back their stock or do an acquisition and Occidental is doing both.
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en It doesn't make a lot of sense to me that an industry player would make a bid, though it would be more legitimate for a financial company to make such a bid.
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en We changed up our defense a little bit for this game. We went to a 5-4-1. It helped our defense pick up some free balls.
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en It's difficult to measure this offer as little is known about how the bidder would finance the transaction. While our initial feeling is to ignore the offer, it is academically possible that the bidder could receive funding, making this offer real.
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en It's hard to read the press release without drawing conclusions that the board is now willing to take more aggressive steps toward restructuring.
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en Bondholders need more details, but anything that would prevent a bankruptcy certainly would be a positive. It's hard to make this situation more complex than it is.
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en They are moving back to their core business, which is power production, and they will try to sell all the support businesses.
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en The company has to sell off assets in order to substantially reduce debt prior to emerging from bankruptcy.
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