The bottom line is that this is a low bid for a company that has enough earnings power to fuel a 30 stock price even with the heavy upfront spending for its case-ready products,
More Quotes from John McMillin:
I wouldn't look for a shotgun wedding. I'd look for a number that can settle the situation,John McMillin
IBP wants to disappear as it becomes a stronger company over the next several years with a much more focused brand, ... But again, seeing the takeout price lower than IBP's 52-week high is not satisfying.
John McMillin
The good news is that we think Tyson is at a low point in its earnings cycle.
John McMillin
I think (Quaker Chief Executive Robert) Morrison did the best job he could for Quaker Oats shareholders. It took a while, but you can't blame him for courting Coca-Cola.
John McMillin
We continue to see Brazil as a challenging area with the currency remaining surprisingly strong and with Russia just banning all chicken imports.
John McMillin
They've had their franchise, particularly domestically, eroded in the last decade by the value sector. I think now they're going on the offensive. While this will hurt earnings, I think it's the right thing to do.
John McMillin
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Based on Topics: Product QuotesNever let a man imagine that he can pursue a good end by evil means, without sinning against his own soul. The evil effect on himself is certain.
Robert Southey
You can't start at the top.
Elmer G. Letterman
The media is too concentrated, too few people own too much. There's really five companies that control 90 percent of what we read, see and hear. It's not healthy.
Ted Turner