Carol Levenson
Carol Levenson
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.
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.