MarketFoolery: 04.18.2012
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 18 April 2012
⏱️ 21 minutes
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Summary
Intel's first-quarter earnings decline. Halliburton's first-quarter earnings rise. Cheseapeake Energy's CEO catches heat for his billion-dollar borrowing. And Citigroup shareholders reject a pay package for CEO Vikram Pandit.
Transcript
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| 0:00.0 | Wednesday, April 18th. This is Market Forward. I'm Chris Hill. Joining me in studio today |
| 0:06.7 | for Motley Fool Pro, Jeff Fisher, from Motley Full Stock Advisor, Jason Moser and for |
| 0:10.8 | Motley Cool Inside Inside Value Joe Maker. |
| 0:12.8 | Gentlemen, good to see you. |
| 0:14.2 | How do I make this? |
| 0:15.2 | Busy day, a lot going on this week, |
| 0:17.2 | what with earnings from Intel and Halliburton. |
| 0:19.4 | We've got the week in rogue CEOs, but we are going to start with the news that broke late yesterday |
| 0:26.9 | and that is Warren Buffett announcing on Tuesday that he's been diagnosed with stage one prostate |
| 0:31.9 | cancer. It is not life-threatening. |
| 0:34.0 | Buffett said he's going to be undergoing two months of daily radiation treatments |
| 0:39.0 | starting in mid-July. He says he feels great. Obviously we wish him well. |
| 0:42.3 | But Joe I'll start with you. |
| 0:44.5 | Cancer is one of those jarring words. What did you think when you first heard the news? |
| 0:50.1 | Well it definitely rattled my cage a little bit but once you start digging into what's actually there, you realize that Buffett is not at risk. |
| 0:58.0 | He says this much, but when you dig around and do some sloothing on data there's a lot more to back that up. |
| 1:03.9 | I talked to Brian O'Reilly, who's our health care expert at the pool, PhD, and essentially |
| 1:07.9 | you showed me data that says, Buffett essentially is the same odds of dying from |
| 1:11.7 | prostate cancer or someone who does not have |
| 1:13.6 | prostate cancer because they caught it early and it's localized so that's the good news. |
| 1:19.6 | Jeff what do you think? Well I think the reason he announced this at all was to to cut off any |
| 1:26.1 | rumors that would result in as he goes to get radiation in July. Everyone's going to notice |
... |
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