With the exit of Chair and CEO, Ellen Kuhlman, and the interim replacement of Ed Breen, there will be lots of questions about; why so sudden, why Ed, why not Jim Gallogly and what comes next. One could take the
The global mobile phone installed base has decelerated sharply this decade to roughly 3% annual growth, a pace that may be sustainable for a few more years. In this context, demand for new phones is already overwhelmingly driven by replacement
VZ CEO Lowell McAdam – “While well-positioned for the future, Verizon’s full-year 2016 earnings may plateau at 2015 levels as the company manages near-term impacts.” These words at an investors’ conference yesterday morning hit the stock 2% in trading, although
APD’s long expected announcement to spin off its Materials and Electronics came after the close last night. The company expects to complete the spin by the end of its 2016 fiscal year (September), which seems like a long lead time,
The late August correction hit TMT leaders hard, partially overshadowing 2Q15 numbers that evidenced the technology driven paradigm shifts that are transforming sectors across the economy and concentrating value toward TMT early movers with the necessary skills, assets, and scale
The traffic back from the Hamptons may have set a record Monday morning as the Dow opened down a shocking 1000 points on general squeamishiness catalyzed by another sharp drop in Chinese stocks overnight. TMT stocks, seen as risky with
The death of the multichannel cable bundle will take years to play out, but investors were reminded of its inevitability by the signs of erosion from even the best regarded media players. TV viewing is in decline. Pay TV subscriptions
The announcement that Google would reorganize itself and take the name Alphabet had the ring of one of the company’s infamous April Fool’s pranks, posted to the same company blog used for the annual tomfoolery. The name itself is whimsical,
DuPont management may still have the faith that the science based strategy is right, but everyone else seems to disagree. Trian criticized the company for bloated costs and lack of returns on its R&D spend and we have echoed that
Placing the wrong bet on propane prices may have been the best thing that could have happened to Eastman! Eastman is a roll up story and the thesis is that as the company adds complimentary and sometimes overlapping product/technology platforms
