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Mars, Berkshire Hathaway to Buy Wrigley's For $23 Billion
Monday April 28, 2008pencils2

Mars, Berkshire To Buy Wrigley For $23 Billion Mars Inc. and Warren Buffett's Berkshire Hathaway Inc. agreed to acquire Wm. Wrigley Jr. Co. (WWY) for about $23 billion in a deal that will remake the global confectionary landscape.Meanwhile, Wrigley reported an 18% jump in first-quarter net income ...

Railroads enjoying boost in business and profits
Monday April 28, 2008pencils2

This is a very good article and I highly recommend reading the entire piece if you have an interest in the railroad industry. It provides an overview of the current environment for railroads as well as a basic history and why they're recovering so much these days.� Railroads are enjoying highly pr...

Dow Chemical (DOW) Earnings Call Notes
Monday April 28, 2008Todd Sullivan's - ValuePlays

Some very interesting items in this quarters earnings call for Dow Chemical (DOW) * Dow repurchased 10.8 million shares in the first quarter ($410 million worth) the most purchased in one quarter in over 10 years. Since Q1 2006, Dow has spent $2.5 billion buying back 61 million shares.* Expect $4...

The Other Solar Energy
Monday April 28, 2008Cleantech Blog

by Richard T. StuebiTen days ago, I attended a one-day symposium on climate change solutions at Oberlin College. Speaking at the symposium was John O’Donnell of Ausra.Ausra is a leading player in the field of concentrating solar power (CSP), which utilizes mirrors to focus sunlight on a heating el...

Triveni engineering and industries review
Monday April 28, 2008Fingad.com

Triveni engineering and industries review - by rediffmailTriveni Engineering and Industries reported a net profit of Rs 34.28 crore for the quarter ended March 31, an over six fold increase in over the same period last year. The company had a net profit of Rs 5.40 crore in corresponding period pr...

Bhel to partner private sector to clinch orders
Monday April 28, 2008Fingad.com

Bhel to partner private sector to clinch orders - by swat_studyBharat Heavy Electricals Ltd, or Bhel, might partner private sector firms Jindal Steel and Power Ltd and GVK Power and Infrastructure Ltd to secure long-term orders.Bhel has been increasingly looking at opportunities where it not only ...

Indian markets volatile in early trade
Monday April 28, 2008Fingad.com

Indian markets volatile in early trade - by ruchi_ruchiIndian markets were volatile in early trade today, swinging from green to red and vice-versa. Equities had opened higher led by positive cues from Asian markets as financial companies gained on easing concerns of credit market losses. At ...

Repo, reverse repo rates likely to be cranked up
Monday April 28, 2008Fingad.com

Repo, reverse repo rates likely to be cranked up - by gyal_goodWith the statement on the stance of monetary and credit policy for 2008-09 scant days away, the Reserve Bank of India (RBI) has been reminded of what its central focus should be by the latest inflation numbers. In the context of abund...

Market Ready 2 Crack.... If....
Monday April 28, 2008Fingad.com

Market Ready 2 Crack.... If.... - by IndiaMCXH! Friends, Market Ready 2 Crack.... If.... As We Mentioned in Our Morning Updates That Metal-Index is Not Looking 2 Hold On Higher Sides Whole Metals Cracked 4rm Top Now Precious-Metals Just Bounced Sharply. But We'r Expecting More Downward Moveme...

Speaking At The University Of Minnesota Monday Night!
Monday April 28, 2008timothysykes

Another fun day of traveling to my nighttime speech tomorrow…for all you Minnesotaeans out there, I’ll be speaking from 6-8pm at the 3M Auditorium at the Carlson School of Management at The University of Minnesota…damn, that’s a mouthful. If you’re in the area, drop on by, it’s gonna get crazzzzz...

Holcim buys 11% more in ACIL at Rs 589 cr
Monday April 28, 2008Fingad.com

Holcim buys 11% more in ACIL at Rs 589 cr - by sanjAU_GSwiss cement giant Holcim has decided to take complete control of Ambuja Cements India (ACIL), the local company through which it controls ACC, Indias largest cement major. Holcim will buy 11% from Ambuja Cement (ACL), formerly Gujarat Ambuja,...

Labour shortage hits wheat procurement in India
Monday April 28, 2008Fingad.com

Labour shortage hits wheat procurement in India - by Kv222222A serious shortage of migrant labour from Bihar, Jharkhand and Uttar Pradesh is slowing the Indian governments efforts to buy wheat in Punjab and Haryana. This could, despite a record harvest, derail its plans to replenish the countrys f...

IndiaMCX Market Updates 28th April 2008
Monday April 28, 2008Fingad.com

IndiaMCX Market Updates 28th April 2008 - by IndiaMCXH! Friends, As We Mentioned Friday Was The Day 4 Falls-Breakouts It Clearly Proved; Almost Whole Market Generated Falls-Breakouts. Today's Market is Looking 2 Open on Higher-Side But Be Cautious Bz Time Discovery Method is Not Suggesting 2 Hold...

Bharti Airtel and Bharti Aquanet, now a single entity.
Monday April 28, 2008Fingad.com

Bharti Airtel and Bharti Aquanet, now a single entity. - by dreamdamodarBharti Airtel gas announced the scheme of amalgamation of Bharti Aquanet into Bharti Airtel. Bharti Aquanet the transferor company has set up landing station at Chennai for handling data and voice transmission in and out of In...

Monday's Upgrades and Downgrades
Monday April 28, 2008Todd Sullivan's - ValuePlays

UpgradesWright Medical (WMGI)- Leerink Swann Mkt Perform » Outperform Axsys Technologies (AXYS)- Boenning & Scattergood Market Perform » Market Outperform Trimble Navigation (TRMB)- Piper Jaffray Neutral » Buy Emulex (ELX)- Morgan Keegan Mkt Perform » Outperform Synovus (SNV)- Ber...

Cairn crosses 200m barrel milestone at Ravva
Monday April 28, 2008Fingad.com

Cairn crosses 200m barrel milestone at Ravva - by ASH55566 Cairn India, the operator of the Ravva oil and gas field offshore Andhra Pradesh, reported the production of 200 million barrels of oil from the field. The operating costs are amongst the lowest for a field of its size anywhere in the worl...

Mobile segment continues to drive Airtel growth
Monday April 28, 2008Fingad.com

Mobile segment continues to drive Airtel growth - by TAnGu_AhuStrong subscriber additions in the mobile phone business have helped Bharti Airtel close the financial year 2007-08 with a solid set of numbers. Revenues have grown by 46 per cent to Rs 27,025 crore, while net profits have increased 57 ...

ICICI Bank close down its consumer loans division
Monday April 28, 2008Fingad.com

ICICI Bank close down its consumer loans division - by oxford_UNIICICI Bank, India's biggest retail bank, is in the process of closing down its retail sales finance division (consumer loans division). The move was initiated last month.ICICI is among the many banks that have tightened disbursements...

Ficci survey reports fall in India Inc's business confidence
Sunday April 27, 2008Fingad.com

Ficci survey reports fall in India Inc's business confidence - by anibaba99India Inc's business confidence has dipped drastically in the past six months. A survey by the Federation of Indian Chambers of Commerce and Industry (Ficci) attributes this to high interest rate regime, appreciating rupee,...

Rupee: In a range
Sunday April 27, 2008Fingad.com

Rupee: In a range - by Jewwhii41In my opinion, the spot rupee is likely to rule range-bound till the outcome of the monetary policy next week. A rate hike will fuel the expectation of a bullish rupee since the capital inflow may go up following a widening interest rate differential between rates ...

Liquidity: Likely to tighten in India
Sunday April 27, 2008Fingad.com

Liquidity: Likely to tighten in India - by Jewwhii41The Indian market may face tight liquidity following the first tranche of the cash reserve ratio (CRR) hike by the Reserve Bank of India (RBI) coming into effect. RBI hiked CRR by 50 basis points on April 17 in two tranches by 25 basis points eac...

IT Majors – Who to choose in the falling market? An Update
Sunday April 27, 2008Fingad.com

IT Majors – Who to choose in the falling market? An Update - by NarasimhanInfosys, Tata Consultancy Services, Wipro, and Satyam, the big four information technology companies have all announced their quarterly results for the period ended March 08.The quarter 4 was marked by falling rupee which ha...

Wall Street Warriors Season 3 Casting Call
Sunday April 27, 2008timothysykes

Got a call yesterday from my old pal, Scott Gill, producer of that fine little show Wall Street Warriors Apparently, the second season was successful enough to warrant a third season and now they’re on the lookout for new castmembers. So, if … [visit site to read more]

Nobody Likes a Party Pooper
Sunday April 27, 2008Condor Options

Whew! The imminent financial-system collapse, which some had feared after the Bear Stearns meltdown, didn’t come to pass, and first-quarter earnings haven’t been all that bad. But the buyers climbing over each other Friday afternoon to make sure they don’t miss getting in on the ...

Private parties to develop airports in India
Sunday April 27, 2008Fingad.com

Private parties to develop airports in India - by mevivek007The Indian government decision to allow private parties to develop airports for public and private use has opened a Pandora's Box. Two private airport projects - in Durgapur (West Bengal) and Bokaro (Jharkhand) - are in the final stages o...

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