BUD Board Does The Right Thing, Yahoo! (YHOO) Doesn’t
The board at Anheuser-Busch (BUD) did the right thing. It got a offer well above market to sell the company. It fought for more money. When it got the better ...Read Full Story »
Daily Archives: July 14, 2008
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With Extraordinary Start, Apple (AAPL) Moves To Dominate Smartphone Market
Apple (AAPL) probably sold over 425,000 3G iPhones in the first three days it was on the market. That would put it on track to hit forecasts from Piper Jaffray ...Read Full Story »
Media Digest 7/14/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, the govenment will bail-out Freddie Mac (FRE) and Fannie Mae (FNM) through a combination of stock purchases and loans.Reuters reports that InBev will buy Anheuser-Busch (BUD) for ...Read Full Story »
Asia Markets 7/14/2008 (CHL)(SNP)
Markets in Asia were mostly lowerThe Nikkei fell .2% to 13,010. Kobe Steel rose 3.1% to 296. Nikon rose 3.4% to 3330.The Hang Seng fell .8% to 22,045. China Mobile ...Read Full Story »
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