Do Vulcan’s Managers Know What They’re Doing?

Is Vulcan (VMC) run by managers that understand business or kids playing in a big sandbox? For shareholders’ sake, I hope management isn’t just a feel good bunch, but logical thinkers that will do what is right for the company. You can’t fix a company by avoiding tough decisions

Genentech Tells Holders to Reject Roche’s Hostile Bid

Genentech Inc., developer of the cancer drug Avastin, told its shareholders to ignore a hostile .50-a-share acquisition bid from Roche Holding AG that was lower than the Swiss drugmaker made six months ago. Roche’s offer goes directly to shareholders, replacing an -a-share bid previously rejected by the Genentech board, Roche said today in a statement

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