MMI
7 posts
We own businesses that generate excess cash, and this abundance of cash allows our companies to invest.
We far prefer a business that is poised for future growth, versus a really cheap company in a shrinking business.
We can’t help but think that the current negative mood greatly exaggerates the deterioration in economic and business fundamentals, but pessimism can become a self-fulfilling prophecy.
Author: Bristlecone Value Partners Model: Large Cap Value Disclosure: Long T, MSI, CTAS, NRG, PFE, S, DELL, APOL, MMI, CSCO, WAG In March, the portfolio’s value was effectively unchanged, matching the S&P 500 index return including dividends. For the first quarter, the portfolio was up about 6.2% versus 5.9% for […]
Motorola Mobility Holdings (NYSE: MMI) shares plummeted Thursday after an earnings announcement that slightly exceeded analysts’ expectations, but also acknowledged some weakness in its smartphone business. MMI also forecasted a loss for quarter one 2010, which was not what analysts had anticipated. Investors took heed and the stock fell from […]
Earlier this week we addressed Sara Lee’s (NYSE: SLE) decision to break up its meat and coffee businesses into two separate companies. Last week, we mentioned that Motorola was doing the same thing by spinning off its mobile device business and creating two new companies—Motorola Mobility Holdings (NYSE: MMI) and […]