I am far from a merger expert, but it looks as though BHI is trading at a 21% discount to its merger price. It shot up to that price, and then got clobbered with all the oil stocks. Is that just a case of indiscriminate selling, making this a great arbitrage opportunity? What am I missing?
Many times when stocks break up, both of the seperate companies rally 30-50%. I don't get this [more]
Purely in terms of investment, did CVS just make a brilliant move by stopping the sale of tobacco products? It looks to me like that was just stupid.
Anybody else get the feeling he was some sort of con artist?
Every single year since the Nasdaq has existed, the index has opened higher on the first trading day of the year than it closed on the last trading day of the previous year. Every single year until today. [more]