I think clearly the pressures will fall heaviest on the products and geographic regions not producing sufficient profitability. It's unlikely the technology business will have any heavy hits. It's growing quite nicely. But some of their mature businesses might.
More Quotes from Jack Kelly:
Rains like these can't erase overnight what two years of La Nia and long-term drought helped to produce. These are major precipitation deficits,Jack Kelly
It's clear that the economy is decelerating. The question is from where, ... My sense of it is we are slowing, but to a very healthy level. I don't think as I look at my companies that we are going over the edge in terms of a slowdown. We have seen this a lot in the last five years with the economy accelerates and then decelerates.
Jack Kelly
Anytime you bring in an outsider, you run risk of disturbing the culture. But I think it's fair to say he'll make 3M a more performance-minded company. I don't think it's been performance minded enough in the past.
Jack Kelly
The Bush Administration got it right when it claimed that the world is indeed flat despite media and scientific community criticism. John D. Sailor, a veteran seaman of some six voyages, has reported that he has been to the edge, and peered into the abyss.
Jack Kelly
GOES satellites help our forecasters to see both the big picture and small-scale storm features,
Jack Kelly
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