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Apr 22, 2013
04/13
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bigger than ever and so we are focused today on a number of dint guests who will join u and barry rosenstein from janna amongst others and we'll have news as well very shortly. >> wherever you are, david, there generally is news whether people want to know about it or not so we'll talk to you soon. >> in the meantime, we're coming off a turbulent week and saw volatile markets and all of the developments over the marathon bombing in boston one week ago today. >> the tacit approval over japan's monetary easing policy and no one will mess with the boj and they got green arrows on the continent at least in the early going. our road map begins like this. the markets and futures pointing to a higher open even with mixed earnings from caterpillar as they attempt to recover from the worst weekly performance in months. >> shares of caterpillar turning off pre-market after selling off earlier. the company missing earnings and revenue estimates and cutting guidance. however, the ceo cites signs of stability. >>> apple, just a day after it's set to report results. reports swirling about a possible iphon
bigger than ever and so we are focused today on a number of dint guests who will join u and barry rosenstein from janna amongst others and we'll have news as well very shortly. >> wherever you are, david, there generally is news whether people want to know about it or not so we'll talk to you soon. >> in the meantime, we're coming off a turbulent week and saw volatile markets and all of the developments over the marathon bombing in boston one week ago today. >> the tacit...
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Apr 30, 2013
04/13
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. >> agrium is one you followed and i had barry rosenstein and janna, lost all five board seats and theyercenary. >> that's a compliment if you're a banker or at least an oxymoron or one of those two things. he's made money on cf. he pic that deal, he didn't have the right thesis for that deal, but what's really interesting about that deal is that people ignored iss and that's happening more and more, but iss comes out with recommendations and shareholders are just saying, you know what? we're going to make our own decision and that's a good thing. wouldn't it be a good thing? so much time in the proxy fights and correct me if i'm wrong is spent on lobbying, iss and 40%, 50% of the time from management is just spent on that. iss has had a tremendous influence and it has been waning. i think they have less credibility the more time they support the dissidents and then the dissidents lose. they were wrong on other things and they were wrong on air gas. for $70 a share and the stock's at 100. >> waun it another reason why i shouldn't do a deal there, you played defense there to see no all a
. >> agrium is one you followed and i had barry rosenstein and janna, lost all five board seats and theyercenary. >> that's a compliment if you're a banker or at least an oxymoron or one of those two things. he's made money on cf. he pic that deal, he didn't have the right thesis for that deal, but what's really interesting about that deal is that people ignored iss and that's happening more and more, but iss comes out with recommendations and shareholders are just saying, you know...
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Apr 8, 2013
04/13
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number as of yet and we're talking about the fertilizer company that's been underseas led by barry rosensteinhad mr. rosenstein on cnbc and we've had the ceo on cnbc. we've heard both sides. interestingly, this issa i situation where the stock has done extraordinarily well and yet you had an activist get into the shares saying it could be better, arguing that the company is better off, jim, split as opposed to maintaining the retail wholesale operations. they have fought back valiantly, but let me get you the news or what appears to be the news. it says it believes that david rosenstein and david bullock appear to have enough votes to be elected to the board in the annual meeting. they know the vote ahead of time as opposed to having the meeting counted there. >> what is it? a chicago-style vote? >> i don't know. only they know the results of both sides based on the number of votes by these nominees and the contested turnout for canadian elections and he's offered to pay financial advisers -- we're not even going go in there. they think they've gotten two of the nominees. >> perhaps somewhat
number as of yet and we're talking about the fertilizer company that's been underseas led by barry rosensteinhad mr. rosenstein on cnbc and we've had the ceo on cnbc. we've heard both sides. interestingly, this issa i situation where the stock has done extraordinarily well and yet you had an activist get into the shares saying it could be better, arguing that the company is better off, jim, split as opposed to maintaining the retail wholesale operations. they have fought back valiantly, but let...
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Apr 10, 2013
04/13
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barry rosenstein wrote i congratulate you. dirty enough and violate corporate governance and democracy, you can still lose the campaign, but then barely manufacture a victory after the voting is supposed to be over. >> e on, yeah. you think that's -- >> you're a board that condoned lying about shareholder support, switching comparables and these are all his contentions and many of them may not, in fact, be fully supported. switching comparables that you came up with yourselves and bribing brockers and financial advisers and he went on to say you hired a mercenary banker who argued for it when paid by you. that's rob kenner, by the way, of morgan stanley. attacking me personally as lucky, a pain in the -- those are his words and they were in the letter. improved corporate governance and a power-hungry behavior. we're done with this although they continue to be the largest shareholder in agrium. those conversations will continue to be rather heated. >> to say the least. >> i just continue to be fascinated by this renewed. i don'
barry rosenstein wrote i congratulate you. dirty enough and violate corporate governance and democracy, you can still lose the campaign, but then barely manufacture a victory after the voting is supposed to be over. >> e on, yeah. you think that's -- >> you're a board that condoned lying about shareholder support, switching comparables and these are all his contentions and many of them may not, in fact, be fully supported. switching comparables that you came up with yourselves and...