Todd Richter
Todd Richter
businesses buying consider deal financial generates huge interested liability months selling services surprise surprising tax whereas
It shouldn't come as any surprise that ING is interested in buying the financial services and international business. I think the surprising thing is that Aetna would consider selling the financial services and international businesses because it generates a huge tax liability for them, whereas they could have done a deal two months ago that was tax positive.
calls charge earnings fact far magnitude quality taking timing wonder
The timing and magnitude of this ($900 million) charge was a surprise. The fact that they are taking the charge now makes you wonder how far they would have (missed their mark) for the quarter. It really calls the quality of the earnings into question.