Carol Levenson
Carol Levenson
company consider levels paper tobacco weaker
Even at these weaker levels we still consider tobacco company paper unacceptably risky.
management
This does not have the earmarks of a long-planned management transition.
boost borrowed earnings ensuring funds per remain stock
A stock buyback is a risk-free way of ensuring earnings accretions. As long as borrowed funds remain cheap, as they have for some time, it's also an inexpensive way to boost one's earnings per share.
agency banker financial lead market rating
Market nervousness can lead to counterparty nervousness, which can lead to rating agency nervousness and banker nervousness, and the company's financial flexibility could become impaired.
bad contest war
Getting into a bidding war with J&J is bad enough. But getting into a cash-throwing contest with J&J is even scarier.
afford billion cash easily flow free fund hand nearly pension securities
Boeing can easily afford this purchase, with nearly $10 billion in cash and marketable securities on hand at the end of the first quarter, and bountiful free cash flow even after substantial pension fund contributions.
afford billion cash easily flow free fund hand nearly pension securities
Boeing can easily afford this purchase, with nearly $10 billion in cash and marketable securities on hand at the end of the first quarter, and bountiful free cash flow even after substantial pension fund contributions.