Ben Holmes
Ben Holmes
Ben Holmeswas an American film director and screenwriter. He directed 56 films and wrote for 35...
assemble brand company names portfolio single
Kraft is unbelievable. There isn't a single company that has managed to assemble a portfolio of brand names like Kraft.
along deal
Kraft is the big monster. That's the kind of deal that comes along only once in a while.
became food market recession turned
Kraft is recession proof. When the market turned down, food became very popular.
oil sector
If any sector is working right now, it's oil and gas.
amount buying given impetus lift morgan position sell size tremendous
Given the size of Morgan Stanley's position and the impetus to sell these shares, it will take a tremendous amount of aftermarket buying to lift this deal. I just can't see where that will come from.
expect pop
We expect to see some kind of pop out of these.
complete diversity looking
What's notable, just looking at the list, is the complete diversity in the names. We've got the whole range.
continue deals energy work
We'll continue to see energy deals work well,
activity bank banking guys investment losing numbers record setting street
While every other bank on the street was setting record numbers in their investment banking fees, their M&A (merger and acquisition) activity and their brokerage activity, these guys were losing money.
bits bottom left looking lower pan popcorn quality
We're really just looking at the lower end of the quality spectrum. For the most part the (deals are) like the little bits of popcorn left at the bottom of the pan - the half-kernels that didn't pop.
insurance
Willis is a big insurance brokerage and very profitable,
driving matter offering percent runs trading
When an offering is priced at $17.50 and runs up 50 percent in a matter of minutes, it's trading forces, not fundamentals, driving it.
banks declining difficult horrible investment posting recent record road saying sell tough
It would be difficult to sell it with their most recent period, which is a horrible result. Goldman Sachs is probably saying that this would be a tough story to tell on the road when you have a declining business, when the other investment banks are posting record numbers.
anybody ball conditions due excuse good market paper pen poor pulling shopping
Anybody with a shopping cart, ball of twine and pen and paper could do an IPO in this market, ... Pulling your IPO due to market conditions is a pretty poor excuse - this market is as good as it gets.