This is a year of unusually low SP index turnover due to the low number of mergers and acquisitions in the large-cap sector. So we are making the change at a time when the impact on index investors will be minimized.
More Quotes from David Blitzer:
Increasingly, companies would pretty much write their own accounting rules when they put together their earnings releases. We said to ourselves, let's figure out how to do this the right way so the earnings number really tells us something about what's going on and the number is consistent from company to company.David Blitzer
The problem is that instead of having one way to calculate corporate earnings that everybody understands, we have two or three methods. And the one that most people use, there is virtually no agreement at all about what it means.
David Blitzer
The second quarter was clearly a soft quarter, there was a lot of weakness in manufacturing. I think we'll see a rebound but it won't show up until the August numbers. Getting GM back to work will be a big plus in getting things going again.
David Blitzer
I think it's a fairly narrow change. I don't think it's anything to worry about.
David Blitzer
Clearly, in the extreme case there comes a time when we pull the plug and chuck a company out but we want to keep turnover really low, ... But if a company clearly and substantially violates the addition criteria it's a candidate for removal.
David Blitzer
A lot of companies are feeling increasing pressure to be responsive to their shareholders and to make sure their shareholders are sharing their profits. One way to do that is to raise dividends.
David Blitzer
Readers Who Like This Quotation Also Like:
Based on Topics: Change Quotes, Time QuotesBased on Keywords: minimized
I really feel there's no limitation on what this band can do in the studio or on the stage. That's an empowering feeling - that we can bring a song to life.
Ben Harper
The planets are never the same twice, they're always different, so they could compare the markings I had drawn with their current photographs and they knew that I was drawing what I was really seeing and it wasn't copied from somewhere.
Clyde Tombaugh
From this bestial view that the human mind consists of only sense certainty, pleasure and pain, Locke developed an equally bestial theory of the nation. Man originally existed in a State of Nature of complete liberty.
Robert Trout