MarketFoolery: 04.09.2012
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 9 April 2012
⏱️ 17 minutes
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Summary
AOL sells $1 billion worth of patents to Microsoft. Avon hires a new CEO. And McDonald's searches for the perfect french fry.
Transcript
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| 0:00.0 | It's Monday, April 9th, and this is Market Fullry. |
| 0:05.0 | I'm Chris Hill and joining me in studio today from Motley Full Stock Advisor, Jason Moser |
| 0:09.6 | for Motley Full Asset Management, Bill Mann. |
| 0:11.6 | Gentlemen, happy Monday. |
| 0:12.8 | Welcome back, Chris. |
| 0:14.2 | We are back. |
| 0:15.2 | We are back after a little bit of time off. |
| 0:17.6 | AOL has made a billion dollar deal. |
| 0:19.9 | McDonald's is searching for the perfect French fry. |
| 0:23.3 | We're going to start with Avon. |
| 0:25.0 | Avon has a new CEO, |
| 0:26.3 | Cheryl and McCoy, a vice chairman at Johnson and Johnson |
| 0:30.2 | has been chosen to lead the cosmetics company. |
| 0:33.0 | Guys, shares down 3.5% this morning. |
| 0:37.0 | Is that, is that... |
| 0:38.0 | It's a bad market day. |
| 0:39.0 | Yeah, but it was, it's a worse market day for Avon. |
| 0:42.0 | It's a worse market day for Avon. |
| 0:42.8 | So Avon got a bid the, so basically, Avon's old CEO, Andrea Jung, |
| 0:50.1 | they figured she'd had enough time. |
| 0:51.9 | So she's been out for for a couple months now and |
| 0:55.3 | Avon received a hostile bid from Cody which is a much smaller company for about ten billion dollars |
... |
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