A few conference calls listening to Steve Angel and Matt White on one side and Seifi on the other at almost any point in the last 5 years and the result would have been perfectly predictable.

Activists also put some of the board members on the BoD in 2013/14 and the board bios are fine. It seems to me the Mantle Ridge MO (from rails sector) is to identify max EBIT margin of the sector and show it to the laggard and say “why don’t YOU run things as efficiently”

ever look at KITW LN

get the yellow steering wheel lock thingy

they'll nix Bessent over alleged residual Soros sympathizing, is my guess

you're just disappointed at the lack of Dua Lipa gifs on your 'discover' tab

the Ilya interview? yeah it's frustrating. WAGMI

IIRC share buybacks have been a major part of the investment case here. If this is a good FCF-generative business like the bulls claim, then no need for them to worry and they should welcome this volatility.

fml... maybe I should hit the bid