We believe Yahoo is 'priced to perfection,' and that near-flawless quarters are required to support its multiple.
More Quotes from Merrill Lynch:With sustainable high-teens earnings-per-share growth, no matter what the cycle, we think a market multiple significantly undervalues this excellent retailer.
We are pleased that the Supreme Court ruled in our favor. The fact that the court was unanimous confirms what we said from the start this case had no merit.
Viacom will, in our view, benefit from substantial consolidator economics over the next 12 to 18 months and a larger component of more-recession-resistant local advertising, as opposed to national advertising.
Winners are naturally bullish.
Ironically, it does not appear to be from the commodity corner as many believe, but instead from the labor-related costs.
Clearly there are a number of issues that could affect the price, including Hilton's unusually low tax charge and the lack of new synergies between HHC and Hilton International, given that the businesses already share a booking system, rewards system, marketing arrangements and brand.
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The most difficult thing is the decision to act, the rest is merely tenacity. The fears are paper tigers. You can do anything you decide to do. You can act to change and control your life; and the procedure , the process is its own reward.
Civilized society is perpetually menaced with disintegration through this primary hostility of men towards one another.
With freedom comes responsibility, and I can think of no responsibility greater than putting on a U.S military uniform and standing in the gap between an enemy threat and civilian life.