Verizon is leaving the Dow Jones Industrial Average, and Alphabet is taking its place. At first glance, this is just a routine index change. The Dow is price-weighted, Verizon’s share price is low, and Alphabet gives the average more exposure to the businesses that now dominate the communications sector: search, cloud, artificial intelligence, YouTube, Android and digital advertising.… Read More »
It’s time for another edition of Odds & Ends where we share some random articles and pieces that we have been reading… 1. Harvard Business School touts Ferrari’s (RACE) exemplary leadership prior to the coronavirus crisis. Some good lessons in there and kudos to Chairman John Elkann and CEO Louis Camilleri for their strong leadership and foresight. Ferrari… Read More »
Maybe at Alice’s Restaurant you can get anything you want, but Arlo only makes security cameras. The buisness, which Netgear(NTGR) launched in 2014, had revenue last year of $378 million, compared to $1.03 billion for the rest of the company. This was double Arlo’s 2016 revenue, while the rest of the company is flat. Netgear management, wishing to take… Read More »