I don't know any strong company that cuts its dividend in half.
More Quotes from Gerard Cassidy:
Everything they did in this communication was as if they had something to hide. They flunked it big-time.Gerard Cassidy
Buyers are also more eager to do deals, because earnings growth is likely to slow. You can do a 'smokescreen' deal by buying an asset manager, commercial lender or processor, making it tougher to determine a company's true organic growth.
Gerard Cassidy
Republic is going to have to pay the price of what's gone on here. Is that price large enough to kill the deal The answer at this time is no. But there is a better than 50 percent chance that the offering price has to be lowered.
Gerard Cassidy
Investors that were hoping for the sale of the company will be disappointed by this announcement. Investors who are in it for the long run will be pleased. I think this is a very strong choice, a very good choice for the company to bring in a Bob Kelly to run it.
Gerard Cassidy
The real profit in the credit card business is the revolving balances, ... Commerce has calibrated what balances they need to be able to make this product profitable without charging the fees that some of the other credit cards charge.
Gerard Cassidy
For big banks that want to remain major players, this move is going to force them to make strategic mergers, just like 1998.
Gerard Cassidy
Readers Who Like This Quotation Also Like:
Nevertheless, I do know that we are part of a danger zone, we have military operations in Afghanistan and we're training the Iraqi police force. The terrorists also have us in their sights.Otto Schily
It should be pursued as in the presence of God, and under the solemn sanctions created by a lively sense of his omniscience, and of our accountability to him for the right use of the faculties which he has bestowed.
Simon Greenleaf
I'm just trying to tell a good story and make thought-provoking, entertaining films. I just try and draw upon the great culture we have as a people, from music, novels, the streets.
Spike Lee