Good morning everyone. As I sit here in the Northeast preparing for the Stormzilla or whatever they're calling it today I thought that I'd take a few minutes to share a bunch of the interesting news on investing that I have found over the past week or so with all of my investing friends. [more]
So I have been closely following Dean Foods' (DF) spin-off of its White Wave (WWAV) division. It seems to me as though Mr. Market is practically giving away Dean's core milk business for free. OK, it's not a great business, low margin and subject to the fluxuation in commodity prices, but still FOR FREE? [more]
AH HA. As Hannibal from the A-Team would say..."I love it when a plan comes together." In keeping with my new plan of buying things earlier rather than later and adding more of the positions to my real portfolio that I normally would have only bought in CAPS I added a fairly small position, but still a position, in Murphy Oil (MUR) when I read about Third Point's activist involvement in the stock a could of weeks ago. The other day MUR shot up nearly 9% on the news that it will spin-off its downstream operations. Hooray.
Murphy Oil to Spin Off U.S. Downstream Unit [more]