This is a one year graph of the stock prices for the company. It is noted it's stock met an all time high on February 25, 2014 at a price of $37.85. This was a remarkable improvement in the stock price of Carlyle. The highest the stock had been before was February 15, 2013 at a price of $35.51. Shortly after that maximum in 2013 the stock tumbled to low of $25.13 in September. The downward spiral was consistent during that time. Why is any of this notable? This is the first time in a while that the stock price has not only recovered but SUSTAINED.
On 30 JULY The Carlyle Group LP (NASDAQ:CG) (click here) issued its quarterly earnings data on Wednesday. The company reported $0.73 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.74 by $0.01. The company had revenue of $900.10 million for the quarter, compared to the consensus estimate of $792.35 million. During the same quarter in the prior year, the company posted $0.39 earnings per share. The company’s quarterly revenue was up 77.2% on a year-over-year basis. The Carlyle Group LP (NASDAQ:CG) shares increased 2.38% in last trading session and ended the day on $32.20. CG Gross Margin is 71.80% and its return on assets is 0.30%. The Carlyle Group LP (NASDAQ:CG) quarterly performance is 3.77%.
Chairwoman Yellen has a very long track record of consistency in decision making. Her academic knowledge and application of those standards are consistent. When the stock market looks at Yellen it sees stability and NOT "Bubble and Bust." President Obama in his 2008 campaign stated there would be no more Bubble and Bust USA economy. He lived up to his word and the USA economy is better off for it. Can we now concentrate on the economic future and not the immediate emergency to create STABLE labor conditions without giveaway cross border trade agreements?
Just to note, Carlyle was one of the heroes to the Chinese people when they entered the baby formula market. It didn't take a cross border trade agreement to have that occur either. And that is the way it should be. A country needs to correct the insults against it's Middle Class and return function to it's consumers. The Chinese government needed to stabilize the baby formula market to the burgeoning Chinese Middle Class. There were death sentences to the men that ran the baby formula companies using melamine. But, the idea cross border trade is going to solve problems within countries like China is wayward thinking. These trade agreements are being used to skirt USA policy. That should never exist.
The Chinese Middle Class is growing and China has every reason to be proud of it's long term goals. But, it is the growth in the Middle Class in any country that will bring about global economic stability. THAT is what the goals of the USA should be, not harnessing cheap labor to impoverish the world. The working conditions of laborers in products the USA imports should be paramount to any trade relation.
...To address the melamine issue directly, (click here) the company made a major strategic decision to procure 100 percent of its raw milk powder from high-quality overseas dairy producers. It also established product testing collaborations with top-tier international laboratories to strengthen product quality and safety control.
The Carlyle-Yashili partnership also set an example for the industry to transform itself and elevate its product quality to international standards. With Carlyle’s assistance, Yashili established the Food Quality and Safety Advisory Committee (FQSAC), the first of its kind in the Chinese dairy industry. This served as a catalyst to further enhance its product quality control protocols, via checks by certified auditors from an American auditing company and product testing in certified labs in the U.S., New Zealand and Hong Kong....
This was a good decision for the companies as well as the consumers. I might point to the fact this was baby formula, not bombs. Now, the Chinese government needs to instill high quality standards to continue to grown it's domestic milk products and continue to improve it's GDP.
There are many problems in the world and they can be solved if Wall Street tries. It doesn't take a genius to realize a company's reputation is best when all consumers and stockholders have good quality of life and the esteem of it's Middle Class with upward mobility. Chairwoman Yellen knows what she is doing, it is up to Wall Street to pay attention.
This was a good decision for the companies as well as the consumers. I might point to the fact this was baby formula, not bombs. Now, the Chinese government needs to instill high quality standards to continue to grown it's domestic milk products and continue to improve it's GDP.
There are many problems in the world and they can be solved if Wall Street tries. It doesn't take a genius to realize a company's reputation is best when all consumers and stockholders have good quality of life and the esteem of it's Middle Class with upward mobility. Chairwoman Yellen knows what she is doing, it is up to Wall Street to pay attention.
