Texas passed restrictions on abortion clinics supposedly to make the
procedure safer to women. As a result of these restrictions, the number
of abortion clinics dropped from 42 to 18. These restrictions are going
to be reviewed by the Supreme Court of the United States. Funny, the rules don't apply to
dentist's offices which have similar risks, in my opinion.
But the law of unintended consequences has reared its ugly head. It is estimated that between
100,000 and 240,000 women in Texas have tried abortions on themselves, using
drugs, alcohol and, yes, punching the fetus in the womb. It is not known
how many of these abortions have been successful and how many women and
fetuses have been injured as a result.
My view of the world plus trying to provide useful information to people.
Showing posts with label Bloomberg. Show all posts
Showing posts with label Bloomberg. Show all posts
Thursday, November 19, 2015
Friday, August 23, 2013
Steve Ballmer: Dragging MSFT down by $20 billion
We knew that Steve Ballmer was dragging down Microsoft, but now we have a value on it. He announced his retirement today and MSFT went up $2.37 per share today. With 8.33 billion shares outstanding, he's been dragging the stock down by almost $20 billion.
Sorry, Steve, about the dissing by Wall Street but at least your stock and options will have appreciated too.
When someone posts a chart showing the performance of Microsoft's stock under Ballmer's tenure, I'll link to it. I'm not expecting much gain, if any. Bloomberg has given us some numbers: "An investment of $1,000 when Ballmer took over is now worth 13 percent less, including dividend returns, according to data compiled by Bloomberg. Since Microsoft’s 1986 initial public offering through the end of the Gates era, $1,000 turned into $554,464."
Here's a Fortune article on this, written before the market closed: Steve Ballmer: The $16 billion drag on Microsoft.
Updated Aug. 24: Added quote from Bloomberg.
Sorry, Steve, about the dissing by Wall Street but at least your stock and options will have appreciated too.
When someone posts a chart showing the performance of Microsoft's stock under Ballmer's tenure, I'll link to it. I'm not expecting much gain, if any. Bloomberg has given us some numbers: "An investment of $1,000 when Ballmer took over is now worth 13 percent less, including dividend returns, according to data compiled by Bloomberg. Since Microsoft’s 1986 initial public offering through the end of the Gates era, $1,000 turned into $554,464."
Here's a Fortune article on this, written before the market closed: Steve Ballmer: The $16 billion drag on Microsoft.
Updated Aug. 24: Added quote from Bloomberg.
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