This is true. Many on Cafepharma think that in times like these, leadership is to blame. In actuality, leadership is credited for managing major reductions in head count. Basel wanted reductions and our leadership is following orders.
Those in leadership should be the first evaluated based on poor decisions over the last 8 years or so. No accountability.
A corporation is an ingenious device for obtaining individual wealth without individual responsibility. - Ambrose Bierce
NVS stock is at an 8 year high. You idiots just don't understand. It isn't Basel or some nefarious scheme. It simply that paying your salaries is bad for business. Wall Street loves them some NVS. Fluush. flush.
equity markets are shaping up for a large pullback. NVS will not be immune to it. buy puts. sell shares. be neutral or net short.
i have more: There is an enormous number of managers who have retired on the job. - Peter Drucker Advertising may be described as the science of arresting the human intelligence long enough to get money from it. - Stephen Butler Leacock
Can you imagine what a downturn in the stock would do the the pressure to be more profitable? More cost cutting and layoffs.