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The trust that controls Hershey has asked the company to make a bid for UK sweets company Cadbury (NYSE:CBY). The Wall Street Journal reports that the offer would be approximately $17 billion which...
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Reuters: Senate Democrats unveiled their healthcare plan. Reuters: Hedge fund manage Griffin has rebounded from losses. Reuters: GM must pay its debt and become profitable before an IPO....
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Updated throughout the day. Updated 4.06 PM EST: “U.S. chocolate giant Hershey Co. has been in high-level talks with Italian chocolate maker Ferrero Spa to possibly craft a rival joint bid to...
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Berkshire Hathaway Inc. (NYSE: BRK-A)(BRK-B) has its Q3-2009 public equity holdings as of September 30, 2009. In our group “A to F” we noted some interim changes in the lot. Here are Warren...
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Reuters: Markets hit their 2009 highs. Reuters: Dodd is set to unveil his financial reform bill which calls for merging many bank regulators. Reuters: Kraft’s (NYSE:KFT) bid for Cadbury...
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Updated throughout the day. Updated at 11.49 AM EST: Reynolds Americam (NYSE:RAI) may buy Niconovum, a Swedish maker of nicotine gum and mouth sprays (Boomberg) Updated at 10.12 AM EST: Wells Fargo...
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Reuters: Hurricane Ida is heading toward Gulf oil fields. Reuters: Kraft (NYSE:KFT) will make its bid for Cadbury. Reuters: GE (NYSE:GE) and Comcast (NASDAQ:CMCSA) have agreed to an NBCU...
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Reuters: Opel must now arrange for GM’s unexpected ownership Reuters: The Fed will probably keep its “easy money” program. Reuters: Toyota (NYSE:TM) will pull out of Formula 1...
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Kraft (NYSE:KFT) hinted very strongly that it would open a battle with Cadbury for ownership of the British company. GM said it would keep its Opel and Vauxhall European operations about an hour...
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Economists still expect layoffs in the US and Europe to slow as the recovery gains momentum. Pessimists among experts on GDP growth and job losses believe that the major risk of a double-dip...
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Kraft (NYSE:KFT) improved is chances of making a viable bid for Cadbury before the UK government deadline of November 9. The US company beat expectations and raised guidance. Its shares dropped 2% to...
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The efforts of Cadbury’s board to keep the company out of the clutches of Kraft (NYSE:KFT) will likely fail because no second bidder has emerged. The Times says that Kraft will make a hostile...
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Earnings season may be winding down, but next week still has some very important companies that are economic indicators in and of themselves or are key stocks that have broad customer and investor...
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Reuters: Corporate directors are on the hot seat over management pay. Reuters: The US healthcare system wastes up to $800 billion a year. Reuters: Capmark Financial filed for bankrupcy....
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Updated throughout the day. Updated 1.36 PM EST: Nokia’s (NYSE:NOK) patent suit against Apple (NASDAQ:AAPL) could cost iPhone maker $1 billion (Reuters) The Bank of England may have to...
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