Rohm & Haas and Dow Deal Back At $78? (ROH, DOW)
The Rohm & Haas (NYSE: ROH) acquisition by Dow Chemical (NYSE: DOW) is actually going to close if CNBC’s David Faber is accurate. Faber just reported some merger news that may seem out of…
All Work
Douglas A. McIntyre
Stocks That Should Double: Tech (AAPL)(QCOM)(ADBE)(NOK)(YHOO)
This week 24/7 Wall St. is picking several stocks that are likely to double off of their lows. The timeframe is by the end of 2010, which is meant to coincide with some form of economic…
Roubini, From Doom To Less-Doom
Nouriel Roubini, head of Roubini Global Economics (RGEMonitor.com) and a professor at the Stern Business School at New York University, has shared some thoughts today for more gloom and doom ahead. He was speaking…
Buffett Defends, Regrets & Explains Many Positions (BRK-A, BRK-B, GE, JNJ, KO, TIF, AIB, IRE, WFC, COP)
Warren Buffett has been a much more reserved lately, although not as much as the recent performance might dictate. In the latest Berkshire Hathaway Inc. (NYSE: BRK-A) annual report, he sounded like a former…
Opportunism Everywhere in Fertilzer Business (CF, AGU, TRA, MOO)
Fertilizer maker CF Industries Holdings, Inc. (NYSE: CF) this morning rejected a buyout offer from Canada’s Agrium, Inc. (NYSE: AGU). The stock and cash offer was valued at about $72/share of CF stock. Last…
WTI Price Back on Top (USO, OIL)
For the past few months, the global crude oil benchmark, WTI, has been trading lower than other crude varieties. No longer. On Friday, WTI closed higher than Dated Brent, $45.52 vs. $44.85. The spread…
Coal for Sale (ACI, RTP)
Arch Coal, Inc. (NYSE:ACI) plans to buy a coal mine in Wyoming’s Powder River Basin from Rio Tinto plc (NYSE:RTP) for $761 million. The Jacobs Ranch mine includes 381 million tons of coal reserves…
Piper Jaffray Lifts Amazon.com (AMZN) to Buy, Says “Party Just Getting Started”
Piper Jaffray is upgrading Amazon.com (Nasdaq: AMZN) today from Neutral to Buy and boosting its price target from $55 to $81, saying “The Party Is Just Getting Started.” On the upgrade, Piper Jaffray senior…
Rite Aid Yells ‘Do Over!’ on Reverse Split (RAD)
Rite Aid Corp. (NYSE: RAD) may be hoping that its $0.22 share price won’t be as important down the road as it would have been when the NYSE was actively delisting companies because their…
Palm Share Remarketing Effort Overhang (PALM)
Palm, Inc. (NASDAQ: PALM) stock is indicated lower on word from the company that it is exercising its right to re-market approximately 18.5 million common shares underlying 49% of the units of Series C…
McDonald’s (MCD) Defies Gravity, Again
Someone needs to tell McDonald’s (MCD) that there is a recession. The company posted remarkable same-store sales again in February. After making an adjustment for the different number of days in the month this…
When Left Alone, Recessions Correct On Their Own
John Tamny RealClearMarkets Banking giant JPMorgan Chase announced Feb. 23 that it would be cutting its quarterly dividend by 87% to a nickel per share. At face level, this sounds bad, but the savings…
Should You Chase Stem Cell Stocks? (ASTM, CYTX, GERN, NBS, OSIR, STEM, KOOL)
We are seeing massive gap-ups this morning in stem cell stocks. President Obama is signing an executive order that will lift the Bush ban on funding of embryonic stem cell funding. What is interesting…
Top 10 Analyst Upgrades & Downgrades (AMZN, BBY, KO, GENZ, HAL, IPI, RIG, AFL, PBR, VE)
These are some of the top pre-market early bird analyst upgrades and downgrades from Wall Street this Monday morning: Amazon.com (AMZN) Raised to Buy at Piper Jaffray. Best Buy (BBY) Raised to Outperform at…
Merck’s (MRK) New Merger, Another Way To Save Money
Merck (MRK) is merging with Schering-Plough (SGP) in a deal that the companies say is worth $41.1 billion. In reality, Merck is making an acquisition. Its shares will be the currency to compete the…
US Wants Other Governments To Come Up With More Cash, Which They May Not Have
The US is calling for other nations to put more money into their credit and financial systems to help pull the world out of a deepening recession. One of the problems is that many…
The AIG (AIG) “Save Us Or We Will Destroy You” Card
Other companies that need federal bailouts should use the AIG (AIG) approach. It told the the government that if it did not get a large slug of money the global financial system would burn to the…
A Depressing Assessment From The World Bank: The Truth About Global Economic Disparity
Economists and public officials need to be optimistic about the economy. It they are too dour, they just encourage the public to think that they should be replaced. Economists, after all, might be considered …
Euthanizing The Fortune 500
It is time for the Fortune 500 to go. It should not be published again after this year. The issue will be mailed to the magazine’s subscribers in about a month. The franchise has…
The Ten Major Newspapers That Will Fold Or Go Digital Next
Over the last few weeks, the newspaper industry has entered a new period of decline. The parent of the papers in Philadelphia declared bankruptcy as did the Journal Register chain. The Rocky Mountain News…