Should we drop some Tomahawks here too ?……
Comments »Monthly Archives: March 2011
Google Accuses China of Disrupting GMAIL Service
WHO Upticks Worries Over Food Contaminated With Radiation
Portugal Likely to be Bailed Out Over the Coming Weeks
World Bank See Japan Slowdown as Temporary
Warren Buffet Calls Japan a Buying Opportunity
“It will take some time to rebuild, but it will not change the economic future of Japan,” …… “If I owned Japanese stocks, I would certainly not be selling them.”….”Frequently, something out of the blue like this, an extraordinary event, really creates a buying opportunity. I have seen that happen in the United States, I have seen that happen around the world. I don’t think Japan will be an exception,”
Comments »Mylan Inc. Sues FDA Over Lipitor Generics
Mylan claims Ranbaxy does not have the marketing rights nor the regulatory approval. Furthermore, previous decisions by the FDA is costing patients billions of dollars in savings…..
Comments »Sony and Nissan To Restart Plants as Early as This Week
Most Commodities Rise After Allied Intervention in Libya
Wheat Rebounds 11% in Price on Low Production and Stockpiles
Asian and European Markets Rally With U.S. Futures Up Substantially
Markets Rise on Japan having continued good news in their reactor problems along with allied forces fighting for the people and the democratic process…..
Comments »Update on AIG Bond Purchase From The Fed
Fed is not sure if they want to solicit others bids as it may hurt taxpayers. So AIG must make it a profitable situation for the taxpayers in order for this deal to go through….
Comments »AT&T Offers $39 Billion for T Mobile
Japan’s Crisis Begins to Effect the Global Economy
U.S. Futures Go Full Retard to the Upside
A confluence of positive news is lending to a buying frenzy in futures, now up more than 1%.
Dow futures are now 112 points above fair value.
Comments »Flash: All Six Reactors Connected to Power Cables
Things are definitely looking better. All 6 nuclear reactors are now rigged to power lines.
Comments »Greenhill and Evercore Working as Advisors in AT&T for T Mobile Deal
The $39 billion deal announced yesterday will generate significant investment banking and consulting fees. This is a JPM deal. However, both GHL and EVR will be used as consultants for T.
Comments »Buffett Believes Current Crisis in Japan Presents a Buying Opportunity
“If I owned Japanese stocks, I would certainly not be selling them because of the events of the past 10 days or so. “Something out of the blue like this, an extraordinary event, really creates a buying opportunity.”
Buffet is visiting South Korea, one of his favorite “hunting grounds.” He has lots of money to invest and he is interested in very big companies. South Korea has plenty.
Comments »Flash: Pressure Rising in Nuke Reactor #3
Troubled nuclear plant #3 may have to be vented, in order to reduce pressure.
Related: there are reports of an operator at one of the plants being exposed to significant levels of radiation.
Comments »Crack Spreads Ripping Higher
After advancing all last week, crack spreads are strengthening again this evening, now up more than 3.2% to $24.10. Disruptions in oil supplies, coupled with loss of refining capacity in Japan, has created an environment where refining margins have exploded to the upside.
Typically, spreads widen this time of year anyway, as the driving season kicks off.
NOTE: Crack spreads were $12 in the beginning of 2011.
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