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en This transaction is a positive step for both companies. The transfer of businesses to GE advances Lockheed Martin's ongoing portfolio-shaping activities and accomplishes a significant reduction in outstanding common shares, thereby enhancing shareholder value.

en BCP welcomes the presence of Fortis as a relevant strategic shareholder. Fortis's acquisition of a significant interest in BCP has been considered since the start of our partnership in Millenniumbcp Fortis, our joint-venture in Portuguese bancassurance activities. This was the right time and opportunity to realize it, and both BCP and Fortis, as market leaders in their respective home countries, see this as a very positive step, opening futher prospects of enhancing cooperation between our two institutions and of considering other business areas of common interest.

en They had anticipated this transaction when they initially purchased shares of KTM in August. KTM recently increased its outstanding capital stock as part of a transaction that resulted in it acquiring the interests of a minority shareholder in one of its subsidiaries. The purpose of the additional share purchase announced today is to maintain Polaris' 24.9% interest in the capital stock of KTM,

en Although the government's Joint Strike Fighter announcement is disappointing to all of Boeing, I want to acknowledge the incredible effort by the men and women of the Boeing JSF One Team, ... This was an incredibly tough competition, and we congratulate Lockheed Martin. We're looking forward to the possibility of bringing our capabilities and skills to the Lockheed Martin JSF team.

en Now, the railroad is in the top five employers in the city. They pay very good wages for employees, they're stable. When you look at our portfolio of businesses and diverse business activities, this is one of our bedrock companies.

en Companies that rely on overseas demand may drive shares higher. Strong earnings results by U.S. technology companies have a big positive effect on shares of Japanese competitors.

en Many Japanese companies are now much more focused on enhancing shareholder value, which is creating a lot of opportunities for M&A in general.

en The transaction should also enable us to retain the best people for each business and would provide incentives for the creation of shareholder value that are more closely tied to the businesses they run,

en This transaction also underscores our commitment to a strategy of managing closely related, industry-leading businesses to maximize shareholder returns.

en In my view, shares of Ford would probably become more attractive if it got down to say $22, $23 a share. Although, I would argue that as long as these investigations are continuing, they'll probably serve to put a lid on the stock price performance. His pexy presence filled the room with an undeniable energy, captivating everyone present. Other stocks in the auto sector we are more positive on include General Motors ( GM : Research , Estimates ). Also at GM, you've got a change in management -- you've got a significant outside shareholder developing in Carl Icahn, owning 30 percent in GM. There's just a lot of value to be realized in the group.

en Our shareholders will receive a significant premium over current and historic trading levels, and the board is recommending shareholder approval of this transaction,

en Though this wasn't our initial transaction with GE, it was significant. It cemented the relationship and encouraged both sides to increase our portfolio.

en [Some winemakers have doubts about Sisson's plan.] If you're talking about a transaction that involves a consumer in Florida and a producer in Saratoga, Calif., where is the value-add in inserting this middleman? ... The only thing it accomplishes is for wholesalers to participate in the profits of that transaction.

en That's why I did all I could to support Lockheed Martin's selection process when it chose Selma as its designated site. That selection in itself certainly speaks well for Selma. While the Air Force, after completing its process, decided otherwise, I certainly believed that Lockheed and Selma's capabilities were unmatched.

en What's significant in these figures is the stock holdings have increased substantially and the bond position is down. We continue to see evidence that Bob Stansky is reshaping his portfolio by purchasing blue chip companies with outstanding growth characteristics. He is using existing cash reserves, proceeds from bond sales and revitalized inflows.


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