Daily Archives: 2008/12/18

Goldman OKs Panasonic’s Sanyo Offer (TheStreet.com)

2008/12/18
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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. More: continued here

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Zacks Releases Four Powerful ”Buy” Stocks: Monsanto, Casey’s General Stores, Almost Family and Powell Industries (Business Wire via Yahoo! Finance)

2008/12/18
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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. More: continued here

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Hedge Fund’s Capital Needs Could Derail CSX (TheStreet.com)

2008/12/18
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TCI could find itself in the awkward position of having to sell CSX shares after winning proxy war. More: continued here

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GM, Chrysler Reopen Merger Talks: Report (TheStreet.com)

2008/12/18
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Chrysler’s owner Cerberus took the initiative to restart the talks because cash is running low at both companies, a report says. More: continued here

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Cramer’s ‘Mad Money’ Recap: The Obama Bounce (TheStreet.com)

2008/12/18
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Even on a down day, many stocks got a bounce because they are apart of Obama’s infrastructure plans, Cramer says. More: continued here

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ASML Cuts Jobs, Slashes Sales Guidance (TheStreet.com)

2008/12/18
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The Dutch semiconductor equipment maker plans to cut about 1,000 workers as orders deteriorate. More: continued here

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Qantas Won’t Merge With British Airways (TheStreet.com)

2008/12/18
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Talks ended after the companies couldn’t agree on key terms of a merger. More: continued here

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