- DJIA 12141.58 (+57.81)
- S&P500 1339.87 (+4.38)
- NASDAQ 2404.35 (+10.34)
- 10YR T-NOTE 4.205% (+0.132%)
- Major list of 52-Week Lows
- Top 10 Analyst Calls
- 2008 IPO's up 50% or more
Anheuser-Busch Companies Inc. (NYSE: BUD) shares were up almost 5% by the final minutes of trading at $61.29 after InBev confirmed a $65.00 initial buyout offer for the beer giant last night. Interestingly enough, Berkshire Hathaway, Inc. (NYSE: BRK.A, BRK.B) will have pocketed several hundred million dollars on this if you see his current holdings.
Ethanol stocks were battered and tattered today after a key downgrade from Citi in the sector killed the stocks. The floods are part of the culprit, and Verasun Energy, Corp. (NYSE: VSE) was down over 10% to $4.75, a new 52-week low, in the final minutes today.
Charter Communications, Inc. (NASDAQ: CHTR) stock was down almost 3% in the final minutes today at $1.38 after it extended out the date for its dutch auction tender for its debt.
Invitrogen Corp. (NASDAQ: IVGN) saw shares get hit by over 10% to $38.81 after the company announced a highly leveraged acquisition of Applera's Applied Biosystems (NYSE: ABI). Interestingly enough, Applera's Celera Group (NYSE: CRA) was largely overlooked on this news.
Lehman Brothers Holdings Inc. (NYSE: LEH) was a loser yet again with shares down 8% at $21.80 in today's final minutes. The brokerage firm fired its COO and its CFO in a move to try to install confidence, but it ain't working.
Yahoo! Inc. (NASDAQ: YHOO) might as well change its name to Uh-Oh! Inc. and Jerry Yang is looking so bad that we might want to bring Terry Semel back. The company's buyout chances from Microsoft Corporation (NASDAQ: MSFT) are formally toast and history, and it is likely entering an ad-search deal with Google Inc. (NASDAQ: GOOG). Yahoo! shares are down 11.6% at $23.11 in the final minutes today.
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For a quick-read on the U.S. economy, check the price of gasoline
