There is a bit of energy and lot to like about this announcement. There was really no need for the announcement - there are no results to report. The new CEO is just showing the market that the company is under new management and that the Barra boat is now motoring with a clear destination in mind and not just drifting with the wind, the tide and cobalt prices as seemed to be the case previously.
I am feeling MUCH better about Barra as a result of the last couple of announcements!
BAR Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held