Reading Time: < 1 minute Fannnie and Freddie crisis I read Burham’s beat Fannie Mae’s Golden Goose article last Friday, after seeing the dramatic stock actions of FNM and FRE on that day. Following that, I also reviewed Barrons March 11 article, IS this Fannie Mae Toast? Yeah, it looks like it. The bad thing is, those executives at Fannie… Continue reading Fannie and Freddie crisis, InBev snaps AB
Category: Business
InBev come to get Anheuser-Busch?
Reading Time: 2 minutes These days the talk of Belgium/Brazil beer maker potential takeover of Anheuser-Busch (NYSE:BUD) is getting St. Louisians attention. Note Anheuser-Busch is not just a large beer maker based in STL, it’s also has roots in the city and the community. (Bottles of Stella Artois beer pass along a production line at an InBev brewery in… Continue reading InBev come to get Anheuser-Busch?
McCafe takes on Starbucks
Reading Time: < 1 minute Last week I had the opportunity to try the latte at a new McDonald restaurant near my home, it was good. The middle size iced carmel latte cost $2.79 ($2.99 after tax), slightly cheaper than Starbucks. One caveats (as I understand), not many McDonald stores offer those espresso at this time, the new ones offering… Continue reading McCafe takes on Starbucks
Swap Mindray for Syngenta
Reading Time: 2 minutes I sold some Mindray stocks (MR) last Friday and today, and I bought some Syngenta (SYT), the European agriculture company. I think it is a more reasonably valued stock (compared to my across street neighbour Monsanto), in this ag (soft commodity) boom. The thing I want to make sure is it does not bust very… Continue reading Swap Mindray for Syngenta
Greed: from Enron to Sub-prime fiasco
Reading Time: 2 minutes (Update) I started this article a few months ago. Just as I complete it today, I heard the Elliot Spitzer’s scandal (possibly criminal prosecution) regarding his involvement in prostitution ring. How ironic. I hope people don’t discount Elliot’s relentless effort to clean up the Street, no matter what comes out of his case. (Original) When… Continue reading Greed: from Enron to Sub-prime fiasco
Why Sprint Nextel merger failed
Reading Time: 2 minutes Last week one of the news in wireless arena is Sprint Nextel wrote down all the book values for the Nextel acquisition (about $29.5 billion, see Bloomberg). Put it in perspective, this is one of the largest fiascos of corporate merger&acquisition in recent history. The magnitude is in the league of AOL and Time Warner… Continue reading Why Sprint Nextel merger failed
My take on MSFT bid for YHOO
Reading Time: 2 minutes Ballmer has been chasing Jerry Yang for a year, and today he ran out of patience. Interestingly enough, I learned it from CNBC first time (around 5:30 AM central time). Note, last time I watched early CNBC, it was Jan 22 global crash…so the lesson for me don’t get up too early š The desperation… Continue reading My take on MSFT bid for YHOO
Wang Shi spoke about housing price
Reading Time: < 1 minute Q&A about housing price in China, by Vanke (000002.SZ) Chairman Wang Shi. He wrote those Q&A in his own blog. I put it together here because it’s a bit hard to read 7 articles separately. I left out couple tables because it’s hard to paste. I’m interested in the Chinese housing for two reasons: 1)… Continue reading Wang Shi spoke about housing price
Bush is more influential than Bernanke?
Reading Time: 2 minutes (Update noon Jan 18) Opps, the Bush rally only last couple hours š Seriously, I do welcome this $1,600 per family tax rebate. Maybe a trip to Europe this Spring? Oh well, that won’t help the US economy directly. (Original) I mean, to the stock market. Yesterday, after Ben spoke in Congress and painted a… Continue reading Bush is more influential than Bernanke?
China corporate tax rate reform: winner and loser
Reading Time: < 1 minute The following screen shot is from Capital Week Jan 5, 2008 We know from Jan 1 2008 China will have a unified corp tax rate of 25% (some tax rebate for certain industry and foreign enterprises will still apply for a while). It appears retailer, bank, home builder, and telecom (include mobile phone) will be… Continue reading China corporate tax rate reform: winner and loser