Now shareholders of kraft will get that in the form of a dividend worth about 27 of the shares of kraft right now. I believe thats what it is. 16. 50 is the number we were hearing before this crossed the tape. 27 , youre right. We believe that equates to 1650 as we speak. I have props guys this morning just to show everybody sometimes you try to figure out what these deals actually mean. This is what it actually means. You have planters did you get this all out of your of course the ketchup, Everybody Knows about the ketchup, more peanuts, brought this for you joe. Beans. This is kraft. Wheres the singles. Mac and cheese. This is another piece of it. No metal in here. No metal in that. Any fake flavoring or coloring . I dont know if you remember a1. So there you have it. This is this is the merger right here on the table. We should point out kraft shares closed at at 61. 33. Theyre looking to be somewhere between 72 and 7349. If you think about what this transaction is about, this is t
There are endless legal bills associated with the deadweight asset and the sooner Citi Holdings disappear the better. House of pleasure. How about the fact that citi posted 11 Revenue Growth year over year in the very markets i was worried about. Hard to get double digit Revenue Growth. Have you seen the terrific decline . Loan loss analysis . Thats equal to 3. 4 of the loans at the end of the prior quarter. These are big banks so the numbers seem large, but theyre nothing compared to the overall. Finally capital levels are in excellent shape and regulators have nothing to fear here. Theyve risen from 43 to 52 since the 10 for 1 split a few years ago. Remember, divided by ten. Institutions dont like to own stocks under five. The submit made some sense to do. From now on, though, it will be the earnings that drive the stock and the earnings are there and citigroup is not done and it is a cheap stock and the big bets against it no longer hold water. I say citis a buy. How about leap wire
Executive protection detail was taking leopold to trysts with a county employee in the parking lot in the Bowling Alley in annapolis. The injuries that was not misconduct in office but what he found was egregious and misconduct in office was the fact that john leopold ordered and required his staff to empty empty his catheter bag after the back surgery, and the judge had strong words for him on that count. And called that behavior predatory and cruel and said it was abusive and outrageeous contract and john leopold had no license to misuse employee like that. Count 5 was a not guilty indictment, and that had to do with misappropriating funding by a fidish area and because he was fiduciariy. That was the only one that carries a penalty up to five years in prison and the other two counts are, what is called common law crimes and so its up to the judge to decide on the penalty in this case. Just a few moments ago, the judge dismissed each side and said they would get together and we have
[ buzzer ] after another day shrugged off the negative. The s p rising 1. 4 , and do you know the nasdaq 100 is now up an astounding 14 days in a row . Did you know that the s p has now closed up eight straight day, the longest win streak since november 2004 . Hallelujah and the analysts just dont believe in this market and the afterlife of stocks that keep coming roaring back, vampirelike. Today is none other than free, left for dead stocks by the analysts roaring back to life, three true blood stocks the wall Street Community didnt care for. Increasin increasingly, maybe theyre warming up to or have been too late to take an action on because they were just plain wrong im talking about citigroup, wireless and the ones that drove up a buck today as the analysts scrambled to show this some love. Was citigroup perfect . Think not. No one perfect than j. P. Morgan and wells fargo this week. Sometimes imperfect isnt up especially when so many analysts and short sellers are betting against
Off the negative. The s p rising 1. 4 , and do you know the nasdaq 100 is now up an astounding 14 days in a row . Did you know that the s p has now closed up eight straight days, the longest win streak since november 2004 . Hallelujah and the analysts just dont believe in this market and the afterlife of stocks that keep coming roaring back, vampirelike. Today is none other than free, left for dead stocks by the analysts roaring back to life, three true blood stocks the wall Street Community didnt care for. Increasingly, maybe theyre warming up to or have been too late to take an action on because they were just plain wrong im talking about citigroup, wireless and the ones that drove up a buck today as the analysts scrambled to show this some love. Was citigroup perfect . Think not. No one perfect than j. P. Morgan and wells fargo this week. Sometimes imperfect isnt up especially when so many analysts and short sellers are betting against you. The house of pain i know i was concerned a