Wall Street Manna

An irreverent look at Wall Street

Wednesday, February 16, 2011

Bleach on the block!!

Clorox bleach on the block.....



But then, maybe you think the action in this name the last few days--and the Ichan stake--where the takeover action was downplayed by UBS...is real...

While Mr. Icahn is a successful activist investor, we struggle to have high conviction in any activist scenario playing out,” [UBS analyst Nik] Modi wrote in a report to clients.

Well--it's just not Beyonce that is shopping for bleach.....

This time, Carl is the front man to put Clorox in play!