Pfizer Inc. (PFE) is planning to maintain its core medicine producing business and divest of its nutrition and animal food divisions. Ian Read, Pfizer’s CEO, organized a study which lead to the conclusion that Pfizer would be best to concentrate on what it knows best and to have 2 divisions. One division would be generic… Continue Reading
The real estate industry in Latvia is showing renewed signs of life as its recovery from a severe economic contraction gains momentum. Of special note are key markets like Riga and Jurmala. Riga is the capital; one of the largest capital cities in the Baltic States. Riga is sophisticated and attractive to foreign residents and… Continue Reading
Due to Hurricane Irene, airlines have canceled about 9,000 flights all along the eastern seaboard, north of North Carolina. I don’t believe that the economic effects of this will be significant to the airline industry because travelers will still have to get home so they will fly a day or two later. But what is… Continue Reading
Its interesting to see that after Moody’s downgraded Japan’s credit rating the world did not fall apart. Asian markets were trading a little lower and the price of gold went up, with many people in Asia buying physical gold. The American markets did not react dramatically to the downgrade like they did to the American… Continue Reading
Darling International is a green company that is over 100 years old. It is essentially a garbage recycling business which takes animal waste products from meat packaging plants and used cooking oils from restaurants and recycles them into useful products such as bio fuels etc. According to Darling’s CEO, Steve Stuewe, Darling recycles millions of… Continue Reading
Proctor and Gamble, that household name that we all grew up with, is also an excellent company for trading. First, it is a very stable company. Its produces beauty, grooming, baby care, family care, fabric care, home care, health care, snacks and pet care products. These are mainly basic necessities or functional products rather than… Continue Reading
Gold has been going up as oil tumbles and the dollar is revealed as a weak currency. Louise Yamada, the founder of Technical Research Advisors, LLP and a former Head of Technical Research at Smith Barney (Citigroup), appearing on Yahoo’s Breakout highly recommended buying gold. She was recorded saying that gold is in a structured bull… Continue Reading
When the market goes volatile, the usual trading strategies change according to Simon Baker, a hedge fund manager and CEO of Baker Ave. For example, buy and hold strategies are ineffective in a highly volatile market. Instead one needs to get in and out quickly to make money and minimize risk. The question is how… Continue Reading
Google, Inc announced that it is purchasing Motorola Mobility Holdings Inc. for $12.5 billion in cash. Motorola Mobility was separated from the main Motorola Company earlier this year. Google will pay $40.00 per share which equals a 63 percent premium to Motorola’s closing price on Friday. In premarket trading Motorola’s shares rose by 60% from… Continue Reading
The price of gold has been jumping and people have been buying it as a safe haven. There have been predictions that gold will go up as high as $2,500. As long as the markets are volatile gold is likely to remain attractive. Gold was selling so well that in May this year that EBay… Continue Reading