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"Enough Is Enough": David Tepper Slams Whirlpool For Value Destruction In "Scathing" Letter
"Enough Is Enough": David Tepper Slams Whirlpool For Value Destruction In "Scathing" Letter
David Tepper, the billionaire behind Appaloosa Management, blasted Whirlpool’s board in a sharply critical letter, accusing the appliance maker of eroding shareholder value and demanding a strategic reset, according to CNBC, who viewed the letter.
Tepper said he watched with “a certain astonishment” as Whirlpool moved ahead with what he described as a sizable and avoidable equity issuance that diluted investors. He argued the capital raise carried a cost of more than 10% — far above the company’s...
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"Regime Must Be Relegated To Dustbin Of History": Florida Congressman Erupts After Cuba Attacks U.S. Speedboat
"Regime Must Be Relegated To Dustbin Of History": Florida Congressman Erupts After Cuba Attacks U.S. Speedboat
Update (1605ET):
Florida Republican Rep. Carlos Gimenez blasted the Cuban regime shortly after news hit the wires that Cuban border guards aboard a vessel had fired on and killed four people and injured six on a U.S.-linked speedboat off Cuba's north coast. The Cuban Embassy in the U.S. did not specify the exact timing of the incident in its X post.
"The dictatorship in Cuba has just attacked a boat from Florida & murdered those on...
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