Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Spekulatius who wrote (39302)	10/13/2010 2:51:31 PM
From: E_K_S	Read Replies (1) \| Respond to of 78752

RE: Williams Companies, Inc. (WMB) Stock up over 10.5% on 5x the average daily volume. Company could be in play with the CEO retiring. Forward PE is around 17 which is still a bit under the sector average. There are some divisions that could be spun off from their core business which a new CEO might look at. The stock is still selling 14% below it's 52wk high. Williams up nearly 10% on succession plan marketwatch.com NEW YORK (MarketWatch) -- Shares of Williams Cos. rose 9.8% to $21.54 on Wednesday. Late Tuesday, the Tulsa, Okla. company named Alan Armstrong as chief executive officer and Frank MacInnis as non-executive chairman. Chief Executive Officer Steve Malcolm will retire at the end of the year. Armstrong had been working as senior vice president of Williams Cos. and president of its midstream business since 2002. Armstrong will also serve as chairman and CEO of Williams Partners GP LLC. "These moves ensure that both Williams and Williams Partners will continue to have strong management and board leadership," the company's lead director, W.R. Howell, said. ------------------------------------------------------------------ EKS