June 2008
June 30, 2008 –
AN INTERVIEW WITH PETER D. SCHIFF: The U.S. wouldn't be afloat without help.
Barron's interview with Peter Schiff
June 26, 2008 –
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RELATED TICKERS: BUD
SAN FRANCISCO -- Anheuser-Busch Cos. formally rejected the $65-a-share bid from InBev to acquire the company, calling the offer "financially inadequate." The St. Louis-based brewer said its board unanimously rejected the offer. "InBev's proposal significantly undervalues the unique assets and prospects of Anheuser-Busch," said Anheuser-Busch Chairman Patrick Stokes in a statement. The company told InBev in a letter its $46 billion offer did not account for Anheuser-Busch's iconic brands, market position, growing international partners and accelerated earnings growth. [more]
June 25, 2008 –
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RELATED TICKERS: SU
, BQI
Obama's clean-oil push could threaten oilsandsSheldon Alberts, Washington Correspondent , Canwest News Service Published: Tuesday, June 24, 2008
WASHINGTON - Barack Obama on Tuesday vowed he would break America's addiction to "dirty, dwindling, and dangerously expensive" oil if he is elected U.S. president - and one of his first targets might well be Canada's oilsands. [more]
June 25, 2008 –
SAN FRANCISCO -- Inflation is "exploding" and the Federal Reserve should stress that fighting rising prices is a primary goal, Berkshire Hathaway Chairman Warren Buffett told CNBC on Wednesday. The Fed should be concerned about both inflation and economic growth, a tough thing to do, he explained. But inflation should be the Fed's main concern right now, Buffett added. "Inflation is really picking up," he said. "Whether it's steel or oil... we see it every place. It's exploding." The Fed has to be very careful not to signal that inflation is a secondary concern and something that can be dealt with later, Buffett explained. [more]
June 24, 2008 –
I'm wondering if I found (or perhaps worse, CAUSED) a bug in CAPS. [more]
June 17, 2008 –
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RELATED TICKERS: GS
, C
, WAMUQ
Tuesday, June 17, 2008
Reuters--U.S. banks may need to raise $65 billion of additional capital to cope with mounting losses from a global credit crisis that will not peak until 2009, Goldman Sachs & Co analysts said on Tuesday. [more]
June 17, 2008 –
It's probably hypocritical of me to post a "personal achievement" blog since I usually ignore them from other bloggers, but it's my first one in the almost 7 months since I've been here, so I'm going to allow myself to do it. The rest of you can follow my usual lead and ignore it, although if you've gotten this far, you've likely chosen to ignore my advice to ignore me. [more]
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