Is The Time Now Ripe To Bite Into Figgie?By
When Figgie International in late October reported a third-quarter loss of 80 a share--its first quarterly loss in 25 years--even those who expected bad news were shocked. Then Figgie slashed its dividend in half and, not surprisingly, the stock took a whacking--down to 13 a share from 21 early in the year. While many pros are bearish on the company, a small group of value investors says now is the time to buy.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Uber Paid Hackers to Delete Stolen Data on 57 Million People
- Tesla’s Burning Through Nearly Half a Million Dollars Every Hour
- New Uber CEO Keeps Finding Horrors at Every Turn
- Facebook to Show Users Which Russian Propaganda They Followed
- Jamie Dimon Says He'd Bet Donald Trump Doesn't Win Again in 2020