SPINNERETTE: 12.21.23

3 companies MTCH-UP with +1.22

CSL + IEP + HLI

CHILL PIES

Visually, I loved creating this anagram. To be sure, matching this depiction to the stock market was easier then KEY LIMES. To chill something is to cool it. And pies can be more then food; they also refer to pie charts utilized in businesses. Pie charts are graphs used to evaluate/measure statistical analysis. Credit for the earliest graphical methods of statistics including pie charts goes to William Playfair (a Scottish engineer) in 1801. Also, Florence Nightingale is known for her utilization of pie graphs in her statistician work; she is credited for the reconfiguration of the circular chart still in use today. For that reason, could I than conjecture that the Spinnerette - Chill Pies might signify the Stock Market maybe cooling? Again I make no predictions, only lighthearted riddles to unravel.

CSL is Carlisle Companies, Inc. trading on the NYSE. It is an industry that designs, manufactures and markets products worldwide. The company was founded in 1907 and began as Carlisle Tire and Rubber Company by founder Charles S. Moomy. Although the company faced set-backs during The Great Depression, it managed to survive and over the decades acquired many businesses which proved to be metamorphic. Today the company is headquartered in Phoenix, AZ.

Revenue is approx. US$4 BILLION and the company employs 14,000.

Traded Today @ $310.67

IEP is Icahn Enterprises trading on the NASDAQ. The company is a Conglomerate founded in 1987 headquartered in Sunny Isles Beach, FL. Its predecessor was American Real Estate Partners L.P. Carl Icahn owns 85% of the company. In 2016 the company purchased Trump Entertainment Resorts, which owned the Hard Rock Hotel & Casino Atlantic City.

A DADDY LONGLEGS: This past year Hindenburg Research named after the 1937 Hindenburg disaster (a firm that focuses on activist short-selling) did an analysis of Icahn Enterprises and claimed that the company is over-valued and accused Icahn of running a “Ponzi-like economic structure”.

Revenue is listed around US$13 BILLION employing approx. 41 associates.

Traded Today @ $16.95

HLI is Houlihan Lokey Inc. trading on the NYSE. It is an American multinational independent investment bank and financial services company co-founded by Richard Houlihan and O. Kit Lokey in 1972. The company is headquartered in the Constellation Place Los Angeles, CA.

Revenue is currently listed at US$1.8 BILLION and employ over 2,600 associates.

Traded Today @ $119.67

Company / Corporation information from Google Wikipedia

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Spinnerette: 12.26.23

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SPINNERETTE 12.12.23