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Monthly Archives

November 2015

APPL In, T Out & The Remains of the Day

In March of this year, Apple Inc. was added to the elite, 30-member Dow Jones Industrial Index, and AT&T was unceremoniously removed. In their press release, S&P Dow Jones Indices said “The timing of Apple's addition to the DJIA hinged on two stock splits: Apple's 7:1 last June and Visa's…
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Pfizer: Representation Without Taxation

Inversion sure is the right word for the Allergan/Pfizer deal.  Because what got the colonists lathered up enough to fight a war against the one global super power at the time was taxation without representation. Somehow that idea got turned on its head, and now one of the largest drug…
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American Funds: Call Me

Like a lot of people in my business, I have Bloomberg TV and CNBC on all day in my office. I like the ads almost as much as I like the stories. The ads interest me because I can see, or think I can see, the marketing strategy behind it.…
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CEOs Who Made Me Scratch My Head

In October, two CEOs made me scratch my head.  One in a questioning fashion, the other in an admiring fashion. I admired Frank Bisignano CEO of First Data Corporation (FDC) for striding onto CNBC’s stage perched atop the New York Stock Exchange moments after his company went public. OMG, every lawyer…
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