Gerard Cassidy
Gerard Cassidy
balances business card cards commerce credit product profit profitable revolving
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.
balances business card cards commerce credit product profit profitable revolving
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.
communication
Everything they did in this communication was as if they had something to hide. They flunked it big-time.
far seems serious
This seems to be a far more serious allegation.
company cuts strong
I don't know any strong company that cuts its dividend in half.
artificial company corporate hurdles indication itself putting trying view
I wouldn't view this as any indication the company is putting itself up for sale. I think it's an indication of better corporate governance. What they are trying to show everyone is that there's not going to be any artificial hurdles to them being acquired.
good initial people proof pudding reaction seen similar smart super three
Should this or a transaction like this go through, the initial reaction is going to be very favorable, similar to the Legg Mason-Citigroup transaction. The proof in the pudding won't really be seen for a good three years. Then people can look back and say 'Wow, super smart deal,' or 'not so smart.
appears dropping material microsoft negative stock
If it were as negative as it appears on the surface, Microsoft stock would be dropping like a rock, and it's doing just the opposite. It doesn't appear to be something that's material in nature.
apparently appears dropping event market might negative news stock
If it were as negative as it appears on the surface, Microsoft's stock would be dropping like a rock, and it's doing just the opposite. The market is apparently saying, financially speaking, this is not a devastating event for Microsoft. Of course, as more news come out, that might change.
affect bank becomes recovery stocks stronger year
If we see a recovery this year and it becomes a stronger one than we expected, that will adversely affect bank stocks like they did in 1994 and 1999.
asset buyers buying commercial deal determine eager earnings growth likely organic tougher true
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.
number
A number of acquirers in 2004 have digested transactions and may do more in 2006.
bob bring choice company good hoping investors kelly run sale strong
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.
bank lights main results shot three
Because its three main competitors shot the lights out, Bank of New York's solid, respectable results disappointed people.