Covidien Ltd (COV)

All Comments on COV

  • commenter
    Aug 16 01:10 PM
    IHI: Medical Devices Make a Momentum Comeback [view article]
    If you want to work for a company that will F you over, choose Covidien! A true nightmare company!

    The imaging devision is terrible! There is not a person in the company not out looking for a new job. They raised the quotas on the sales force during the year twice. Once they raised it 4 months before the FDA approval for the generic heart agent. Now they've been delayed by the FDA for at least two months. Guess what? They have elected not to adjust the quotas. Every sales person in the entire company is so mad! I worked for them for over twenty years. It used to be a great job. Now it is below entry level medical sales. Most reps are in the 60-80 K range including bonus which is non-existent. They lie and tell you you'll make 125-200. It's all lies. It's the last place anyone in medical sales should consider.

    The executives, by the way, are making money hand over fist. The stock is going through the roof because wall street sees great margins and low cost of doing business. They are raping their sales force. Most of my friends have not had a bonus in more than 8 months. They assured everyone quotas will be re-evaluated at the end of the fiscal year. They know they blew it but are unwilling to fix it. It's all about wall street and the stock. They assured the sales people they would be treated fairly months from now whenever they get around to it. Guess they are too busy spending all their bonus $$$$ as they rape the sales force.

    If a recruiter calls you about covidien, run don't walk!
    Reply
  • commenter
    Aug 05 09:46 AM
    Wall Street Breakfast: Must-Know News [view article]
    The may be exiting commodities, but only as a trade. Nothing happens to the need for oil, or gas. And, I think gold is on a holiday and goes to 800 before a recovery to new highs. The downers on demand destruction are just some books talking, shorts, and that will end badly for those who get sucked in. As usual good. Reply
  • commenter
    May 20 10:02 PM
    Greenlight Capital - Portfolio Holdings [view article]
    This article seems to lack substance... Einhorn - David? Is this article about Greenlight Capital? I think it would be good to review JOUR101 Reply
  • commenter
    May 19 02:40 PM
    Leading Hedge Funds' Best Ideas and Consensus Picks [view article]
    What's the idea behind getting into CDNS? Valuation, technicals, both, other? Reply
  • commenter
    May 19 12:07 PM
    Leading Hedge Funds' Best Ideas and Consensus Picks [view article]
    "[Mark Yusko states] the top holding for many of these funds on their 13F is likely not their best idea, but rather was their best idea and has simply appreciated the most."

    That makes sense due to time lag of the filing coupled with the fact that cream (over time) rises to the top -- the biggest exposures ought to be the ones that has "legs" to run (Mastercard is a good example). In contrast, gunslingers are typically the types that place huge bets at the outset as opposed to building up a position over time.

    Cheers
    Reply
  • commenter
    May 19 11:02 AM
    Leading Hedge Funds' Best Ideas and Consensus Picks [view article]
    Thanks for the correction, Richard. I believe it referred to Berkshire, actually - BRK.A or BRK.B. Post updated accordingly. Reply
  • commenter
    May 19 10:52 AM
    Leading Hedge Funds' Best Ideas and Consensus Picks [view article]
    Brick Income Fund A is
    BRKQF
    Reply
  • commenter
    May 06 04:07 PM
    Wall Street Breakfast: Must-Know News [view article]
    Incredibly useful summary. Thank you. Reply
  • commenter
    May 06 10:17 AM
    Wall Street Breakfast: Must-Know News [view article]
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  • commenter
    May 06 09:16 AM
    My Website
    Wall Street Breakfast: Must-Know News [view article]
    Praise to you Rabbi Hoffmann!!! Mazel Tov!!! Reply
  • commenter
    May 06 09:13 AM
    Wall Street Breakfast: Must-Know News [view article]
    Eli,

    Thanks! Great posts. As Sgt Friday use to say "The facts, just the facts Maam".
    Reply
  • commenter
    May 06 08:59 AM
    Wall Street Breakfast: Must-Know News [view article]
    Seeking Alpha is the best! I look forward to receiving this newsletter more than any other newsletter, although the contents isn't always thrilling, I believe it's accurate and timely. I have to have it every single day. Reply
  • commenter
    May 06 08:50 AM
    Wall Street Breakfast: Must-Know News [view article]
    Bill Miller is out of his mind (but that's just my humble opinion) Reply
  • commenter
    May 06 08:45 AM
    Wall Street Breakfast: Must-Know News [view article]
    i appreciate this nutshell info so much. thanks for making it available. Reply
  • commenter
    May 06 07:28 AM
    My Website
    Wall Street Breakfast: Must-Know News [view article]
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