What is best for the shareholders it to run a profitable company, invest in the future, and thereby protect and grow shareholder value. Buybacks are sugar snacks and just mean the company leadership is out of ideas to invest in their own company. If they don’t get a bailout and share prices fall or get wiped out, did…
But at that level, its not the best action for shareholders because spending that much of your cash with very little in reserves makes any small economic downturn a crisis for the business, sending its stock prices into freefall. Theres nothing inherently wrong with stock buyback, but saying they were required to do…
Stock buybacks when you have debt on the books should just be illegal. Nobody who would be hurt by that rule doesn’t deserve it.
Inherently, there is nothing wrong with stock buybacks. There is, however, something extremely wrong when spend 96!!!! percent of your cash on it over the past decade plus. Thats insane. They dont deserve a dime from the federal government. They did this to themselves
While what they did wasn’t legally wrong it was still a bonehead move. They don’t say what the current cash reserves are though so maybe it wasn’t as bad as they report. They very well could be offsetting a lot of money and those 50 billions are the leftover although that seems suspect as even in airlines 50 billion…
Neutral: On the one hand, air travel is usually vital to national infrastructure, and American airlines have competed with airlines propped up by the states they service for way too long. On the other hand, if you mismanage yourself this hard, the idea of capitalism is that you fail and anything that still works is…
we’ve already bailed them out with crushed flights, baggage fees, $12 dollar shitty snacks and ridiculous fares. Having flown Ryan in Europe I feel extremely cheated by our domestic airlines, it’s a cattle car both ways but at least on Ryan I’m paying steerage prices for steerage class, Bailouts my ass.
They should have just let whoever is living on the island with whatever bikes they have compete. Let Jim Bob with his 2006 R6 win the title for the year, that would be awesome!
When the Isle of Man TT organizers say something is dangerous, it’s really fucking dangerous.
The system was developed by a shop called Nitrous Express in Wichita Falls, Texas
Appears to be owned by a shop. If it does well, it’s publicity. If it blows up...it’s even MORE publicity (and a learning experience on how to sell more gear to customers).
Bingo. They just rehash the same damn product in a few different flavors. Even the new Pan-America seems like a half baked effort - and they’re trying to go after the large bore ADV bike market, a market I believe is starting to decline in favor of mid-size bikes.
Harley should be looking at themselves as an American…
This company was already dying before coronavirus now its demographic will be literally dying.
I ride a Honda CB because I like the smoothness of the inline-4. But if I wanted a flat 6 or a V-Twin or V-4 or a thumper they’ve got all that. H-D also has any motor configuration you want, as long as it’s a V-Twin and a V-Twin only. I’m not interested in those though, so I never look twice at Harleys.
This really isn’t the forum, but Christensen’s principle of disruption explains this process very well.