There's a little bit of a slowing effect in February because of the weather, coming on the heels of a very strong January. Consumer confidence is moderating.
More Quotes from Dan Popowics:
Something along these lines will happen over the next 12 months, but it will be at the timing and discretion of McDonald's management team. No one likes to be dictated to.Dan Popowics
They have marked time by working off the (buyout price) premium and some of the uncertainty.
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The gist of these proposals has been to extract some cash from the company. The more the better ... with these proposals in the view of shareholders.
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Investors know this year will not be a great litmus test. The acquisition is a wealth of opportunity for Federated and it is something that will be executed diligently over time.
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There's reason for optimism. A lot is likely to happen in the next 12 months.
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National honor is the national property of the highest value.
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