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MarketFoolery

MarketFoolery: 11.04.2013

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 4 November 2013

⏱️ 18 minutes

🧾️ Download transcript

Summary

BlackBerry is staying public, and the market isn’t happy about it. Plus Twitter increases its IPO price range, and we dive into Berkshire Hathaway’s and Kellogg’s earnings.

Transcript

Click on a timestamp to play from that location

0:00.0

It's Monday, November 4th.

0:04.0

Welcome to Mark and Foolery.

0:05.0

Chris Hill is off today.

0:06.0

I'm Mark Reith and joining me in studio

0:08.0

for Motley Fool 1, Jason Moser

0:10.0

and from Fool.com, Taylor Mockerman, gentlemen,

0:12.0

happy Monday. Hey Mark, what's up to you? Plenty to get. from Fool's

0:13.9

com Taylor Mukerman gentlemen happy Monday hey marty what's up to you plenty to get to today

0:15.4

including earnings news from Berkshire Hathaway and Twitter prepping for its

0:18.6

IPO but the big story this morning has got to be blackberry shares of the company were down as much as 18% before the market opened.

0:26.0

On the news that, A, Fairfax Financial would not, in fact, take the company private,

0:30.0

and B, Thorston Hines is stepping down as CEO.

0:34.0

First and former, most wide Fairfax back away from this deal.

0:38.0

I think they probably recognize the fact that the Hedwins Blackberry is facing are a little bit stronger than maybe they

0:45.2

uh... even anticipated initially but i don't know what do you think to her?

0:48.8

Sometimes if you're the only buyer you might have some

0:51.6

something on the horizon here but I think in their case they

0:54.4

realize there's no other buyers for a reason a very distinct reason and that's

0:57.7

the BlackBerry is still struggling mightily I wonder if they're market foolery listeners. I mean they probably heard us

1:04.7

dogging on the company at some point. I mean I you know like I was going through

1:08.5

Blackberry's filings and it's it's always interesting to look at these press releases they put out with

1:14.2

with new relationships or new deals that they strike because they it's not like

...

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