John McMillin
John McMillin
decade eroded hurt last value
They've had their franchise, particularly domestically, eroded in the last decade by the value sector. I think now they're going on the offensive. While this will hurt earnings, I think it's the right thing to do.
bid bottom company earnings fuel heavy line low power price spending stock upfront
The bottom line is that this is a low bid for a company that has enough earnings power to fuel a $30 stock price even with the heavy upfront spending for its case-ready products.
number settle shotgun wedding
I wouldn't look for a shotgun wedding. I'd look for a number that can settle the situation,
middle represents united
If they see United Way of Middle Tennessee, in a nutshell, sometimes they may not know that that isn't the United Way that represents their county.
bid glad second
I'm glad that there is a second bidder, but the second bid is not much better than the first.
cheese coffee greatest last presented
Over the last year, coffee and cheese have presented Kraft with its greatest challenges, particularly cheese,
changed concern greater growth increases people risk situations
People see a changed company. It's one of those situations where change increases the risk of the company. Now that they have diversity, you have greater growth potential, but you also have concern as they get into new businesses.
game heat next poker respond
It's a game of poker right now. My sense is it will heat up next week. You can can't respond to this by doing nothing.
area company good lee needs products start trying
In this area you try to come up with a differentiated product. And that's what Sara Lee is trying to do here, innovate. This is a good start but the company needs about 100 more products like it.
anyone compete pocketbook possible sure vulnerable
I'm not sure anyone has the pocketbook to compete with Unilever here, ... Nestle is a possible one, but one that would be more vulnerable to antitrust concerns.
message send trying
I think Coke's shareholders are trying to send a message to their new CEO,
known operator people solid strong
She is known as a solid operator with strong people and cost-cutting skills.
earnings good low news point tyson
The good news is that we think Tyson is at a low point in its earnings cycle.
area banning brazil chicken continue currency remaining russia strong
We continue to see Brazil as a challenging area with the currency remaining surprisingly strong and with Russia just banning all chicken imports.