Panasonic cleared a final obstacle to taking over Sanyo Electric, after Goldman Sachs accepted its latest offer to buy Goldman’s stake in Sanyo, a report says.
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Archive for December 18th, 2008
Goldman OKs Panasonic’s Sanyo Offer (TheStreet.com)
Thursday, December 18th, 2008Zacks Releases Four Powerful ”Buy” Stocks: Monsanto, Casey’s General Stores, Almost Family and Powell Industries (Business Wire via Yahoo! Finance)
Thursday, December 18th, 2008 CHICAGO—-Four free stock picks are being made available today on Zacks.com. The industry?s leading independent research firm highlights one Zacks #1 Rank Strong Buy or a Zacks #2 Rank Buy stock for each of the four main styles of investing: Aggressive Growth, Growth & Income, Momentum, and Value.
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Hedge Fund’s Capital Needs Could Derail CSX (TheStreet.com)
Thursday, December 18th, 2008TCI could find itself in the awkward position of having to sell CSX shares after winning proxy war.
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GM, Chrysler Reopen Merger Talks: Report (TheStreet.com)
Thursday, December 18th, 2008Chrysler’s owner Cerberus took the initiative to restart the talks because cash is running low at both companies, a report says.
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Cramer’s ‘Mad Money’ Recap: The Obama Bounce (TheStreet.com)
Thursday, December 18th, 2008Even on a down day, many stocks got a bounce because they are apart of Obama’s infrastructure plans, Cramer says.
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ASML Cuts Jobs, Slashes Sales Guidance (TheStreet.com)
Thursday, December 18th, 2008The Dutch semiconductor equipment maker plans to cut about 1,000 workers as orders deteriorate.
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Qantas Won’t Merge With British Airways (TheStreet.com)
Thursday, December 18th, 2008Talks ended after the companies couldn’t agree on key terms of a merger.
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