On CNBC’s Stop Trading segment today, Jim Cramer talked with Alexander Goldfarb from UBS about Archstone Smith (ASN) on a potential buyout. An industry newsletter said that Tischman may be in talks to do a deal with Archstone. He doesn’t know if there are talks right now, but he thinks it would make sense and the companies are atttractive. Apartment Investment Trust (AIV) trades at a 15% discount to net asset value and that concerns are unwarranted. Two of the other three that were noted as potential buys are Essex Property trust (ESS) and Equity Residential (EQR).
Cramer said that he thinks Cleveland Cliffs will be acquired imminently and that stock is up 8% today, and they noted call options activity.
Jon C. Ogg
May 25, 2007
Credit Card Companies Are Doing Something Nuts
Credit card companies are at war. The biggest issuers are handing out free rewards and benefits to win the best customers.
It’s possible to find cards paying unlimited 1.5%, 2%, and even more today. That’s free money for qualified borrowers, and the type of thing that would be crazy to pass up. Those rewards can add up to thousands of dollars every year in free money, and include other benefits as well.
We’ve assembled some of the best credit cards for users today. Don’t miss these offers because they won’t be this good forever.
Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
