The activists play the balance sheet by selling a division to buy back stock and leveraging the balance sheet and buying back more stock.
Sentiment: NEGATIVE
Some companies use off-balance-sheet partnerships to raise money or to buy assets without ever telling their shareholders in their financial statements.
Our balance sheet provides us with the ability to act on investment opportunities in appropriate areas that diversify and broaden our portfolio, including the gas and energy sector.
Shareholder activism works when activists understand something about the characteristics of the business that the board doesn't.
Through their own actions, customers can hold companies responsible to higher standards of social responsibility. Through collective action, they can leverage their dollars to combat the force of those investors who myopically pursue profits at the expense of the rest of society.
American capitalists, enthralled by the doctrines of finance, have put their income statements in service of the balance sheet.
Balance is if you try hard, you work hard then the rewards are in balance with what you put in and what is available.
It sounds extraordinary but it's a fact that balance sheets can make fascinating reading.
These capitalists generally act harmoniously and in concert to fleece the people; and now that they have got into a quarrel with themselves, we are called upon to appropriate the people's money to settle the quarrel.
Keep a strong balance sheet, don't get over-leveraged, and try to protect the security of your employees.
We are led by lawyers who do not understand either technology or balance sheets.