Investors clearly were not wowed by the decision at Penney; the stock fell $2.03, or 5.4 percent on the news that Ullman, and not Castagna--who had reportedly inspired confidence among analysts--was going to be running the show
. And less than three weeks after the change was announced, Castagna quit, as investors feared, which means the company has lost a chief architect of the turnaround.
Festival Director Apolline Quintrand, who has been running the show
in this southern coastal city since its inception, anticipated the conflict, commenting that she understood early on that there was "no hope for negotiations" with the government, despite the uproar among entertainment personnel.
Banks can become comfortable with the challenges a company may face in production, distribution or marketing if they have faith that the people running the show
have the experience, expertise and sound judgment required to deal with any problems that might come along.
Youngsters from Durham University are running the show
at the Gala Theatre this week providing a real treat for theatregoers.
Let them think that we can't possibly be running the show
because of the way we look--or because we're ex-jocks!