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Sunday,
15 June 2008
Buffett steps into battle for Anheuser
Warren Buffet, the investor known as the sage of Omaha, is this week expected to privately step into the $46bn hostile bid by Belgian brewer Inbev for Anheuser-Busch, the maker of Budweiser beer.
(Source: The Observer) read more...
Sunday,
15 June 2008
Two Bubbles, Two Paths
By ALAN S. BLINDER LATELY more and more people have been questioning the received wisdom about what a central bank should do when confronted by an asset price bubble.
(Source: New York Times) read more...
Sunday,
15 June 2008
Saudi oil chief to address reports of oil increase
RIYADH, Saudi Arabia (AP) - Saudi Arabias oil minister on Sunday will address reports that the worlds largest oil-producing country is set to raise production by about 500000 barrels per day, his adviser said.
(Source: The Associated Press) read more...
Sunday,
15 June 2008
The Yahoo + Google - Microsoft spin room
In the aftermath of the Microsoft/Yahoo/Google triangle taking a new shape as Microsoft exited and Yahoo and Google connected, the vendor sports analysts are weighing in with their opinions.
(Source: CNET News) read more...
Sunday,
15 June 2008
UPDATE 1-US Airways to slash 1700 jobs, cut more capacity
By Mark McSherry NEW YORK, June 12 (Reuters) - US Airways Group Inc (LCC.N: Quote, Profile, Research, Stock Buzz) said on Thursday it will reduce its work force by 1700, or about 5 percent, and will cut more capacity than planned and...
(Source: Reuters) read more...
Sunday,
15 June 2008
Continental Will Cut Out 44 Routes ; Newark is Spared the Worst
By RICHARD NEWMAN, STAFF WRITER Continental Airlines Inc. on Thursday identified 44 routes to be cut in September in response to record high fuel costs.
(Source: RedOrbit) read more...
Sunday,
15 June 2008
KeyCorp goes hat-in-hand to investors
KeyCorp (NYSE: KEY), which is the third largest bank in Ohio, has survived many challenging market environments. After all, the banks roots go back to 1825.
(Source: BloggingStocks) read more...
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- State Street to cut up to 1800 jobs
- Vikings react to suspensions of Williams Wall
- Union concessions may improve prospects for auto bailout
- Financial industry pushes for lower mortgage rates
- Adobe issues disappointing outlook, will cut jobs
- Fed paints dreary economic picture
- Neuberger Team Wins Bid for Lehman Unit
- Freeport to Cut 20% of US Staff Amid Metals Rout (Update1)
- French power company in hunt for Constellation
- Pistons punish Iverson after missing practice
- Zach Randolph: Makes Clippers Debut
- McCoy: Lets talk A&M before BCS
- Fulmer, Vols seniors make last practice tackles
- Broncos look to rebound from loss to Raiders vs. surging Jets
- Magic-Wizards Preview
- Thunder, Lightning prep for last Death Valley game
- Packers try to stay in playoff race with Panthers coming to Lambeau
- Bengals want to play role of spoiler with Ravens visiting Cincinnati