Quantcast

Daily Archives: November 3, 2009

BuffettImage gates foundation

Buffett Makes His Whale of an Acquisition (BRK-A, BRK-B, BNI, UNP)

Posted: November 3, 2009 at 7:45 am

We always knew that Warren Buffett loved the railroad stocks.  We also had for years heard Buffett talk about the prospects of a "whale of a deal" in large acquisitions. ...
Read Full Story »
TV

Tech M&A King Cisco (CSCO) Pushes Into The Living Room

Posted: November 3, 2009 at 6:12 am

Cisco (NASDAQ:CSCO) may control most of the global router and enterprise video conferencing business, but it wants a bigger footprint in home video delivery. Silicon Valley's biggest M&A machine has ...
Read Full Story »
uncle sam

India Buys 200 Tons Of Gold And Moves From The Dollar

Posted: November 3, 2009 at 5:59 am

The dollar is still losing its luster as the foreign reserve currency of choice. India has just bought 200 tons of gold from the IMF at $1,045 an ounce which ...
Read Full Story »
hershey

A Coffee Firm Merger Aimed At Starbucks (SBUX)

Posted: November 3, 2009 at 5:40 am

Two coffee companies which sell their products online and through retailers are merging. They should be able to create a formidable competitor for Starbuck's  retail business outside its own stores. Diedrich (NASDAQ:DDRX) will ...
Read Full Story »
bank

The Fed Asks Banks To Read Its Mind

Posted: November 3, 2009 at 4:58 am

Bankers from the nation’s 28 largest banks were called to regional Federal Reserve offices across the country today to get a message from the agency. That message was that they ...
Read Full Story »
chrysler

A Guide To The Auto Industry’s 2010 Winners And Losers

Posted: November 3, 2009 at 4:48 am

Jerome York is a nasty piece of work and a financial genius who has been successful as a lieutenant to billionaire raider Kirk Kerkorian. York’s curriculum vita as a financial ...
Read Full Story »
newspaper

Media Digest 11/3/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: November 3, 2009 at 3:55 am

Reuters:   The value of the yuan could cause a trade war between the US and China. Reuters:   Executive pensions rose despite drops in stock prices. Reuters:   Lloyds will make a ...
Read Full Story »
china

Asia Market And Europe Open 11/3/2009

Posted: November 3, 2009 at 3:24 am

Markets in Asia were mixed. The Hang Seng was down 1.8% to 21,240. The Shanghai Composite was up 1.2% to 3,114. At the open in Europe, The FTSE was down ...
Read Full Story »