Wednesday, September 16, 2009

Wednesday premarket

AlphaNinja - European stocks are up and US futures are pointing to a positive start for domestic shares, on positive comments from Bernanke and Warren Buffett. Positive deal news is out there also, after Adobe Systems (ADBE) announced a buyout of Omniture (OMTR) for $1.8billion.

After decades as the country's top one or two grossing restaurants, why did Tavern on The Green fail?
Backing off earlier statements, the NYTimes is no longer in a hurry to sell the money-losing Boston Globe.........because no one wants it.
Plummeting debt protection costs signal less risk of default - some of the highest confidence seen since June of last year.

Try telling these 500 captains of idled cargo ships that the recession has ended...

Some refreshing honesty - Renault's CEO points out that the future of electric cars is entirely dependant on oil above $70.
“If it’s less than $70, we’re going to have a problem,” Ghosn said in an interview at the Frankfurt Motor Show. “If oil’s at $200 the economic equation’s very easy, and if it’s more than $200, even easier.”

After terrible investments such as their involvement in Chrysler, Cerberus has a home run with pharma company Talecris.

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