Reorganization is costly and questions are asked how effective it will be. Look at Smart, the street just wants the brand killed off. Why throw more money at a bad idea.
More Quotes from Stephen Pope:
In terms of consolidation the EU will look at this. The pricing power it will give is going to cause difficulties for other steel companies.Stephen Pope
Volkswagen has been playing hardball in recent months. This is good news, as Europe needs a buoyant Germany, which in turns needs a buoyant Volkswagen.
Stephen Pope
The pharmaceuticals sector has been a bit of a disappointment so far this year, so it's encouraging to see good first-quarter numbers coming through. The money companies have poured into research and development is starting to show.
Stephen Pope
From a strategic point of view, this sale allows them to narrow the spotlight on being a maker of premium cars. There was some haste to get this done and had they had more time and a relaxed schedule to get this done, they might have been able to get more for the business.
Stephen Pope
The whole industry is very fragmented. We'll see this market consolidate.
Stephen Pope
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