Mail & Guardian Online: (Mail and Guardian)
South African-based Metcash Trading announced on Monday it intended to make an AU$846-million dollars ($660-million) off-market takeover offer for the Australian operations of Foodland Associated.
Report: IBM Putting PC Business Up for Sale (Washington Post)
International Business Machines Corp. has reportedly put its personal computer business for sale in a deal that could fetch as much as $2 billion and close an era for an industry pioneer that long ago shifted its focus to more lucrative segments of the computer business. Its stock rose nearly 2 percent in midday trading in the wake of the report.
In the Timing of Options, Many, Um, Coincidences (New York Times)
Ever notice how stock option awards are often given to executives just ahead of bullish company news? The S.E.C. apparently has.
BayouBuzz.com - Louisiana Politics and News (Bayou Buzz)
The numbers jumped out at me as I read the online article in The London Daily Telegraph . The story was about the dire threat the European Union (EU) is facing from China‚Äôs technology and manufacturing industries.
Something is rotten in the land of options (Milwaukee Journal Sentinel)
Ever notice how huge stock option awards are often given to executives just ahead of bullish company news? The Securities and Exchange Commission apparently has.
Related Stories: (MacNN)
Apple shares fell 4 percent after a Needham & Co. analyst lowered his investment rating on the stock to "hold," saying much of the potential upside to the company's business is reflected in the current stock price, according to Reuters .
IBM Focuses on Services, Outsourcing Units (ABC News)
IBM Exits Personal Computer Business to Focus More on Its Services, Outsourcing Businesses
Gold Seeker Weekly Wrap-Up November 29 to December 5, 2004 (GoldSeek.com)
A new 16 year high for gold and a new 9 year low for the U.S. Dollar Index were the headlines Friday as Nonfarm Payrolls largely disappointed and drove new lows for the dollar versus the yen and euro as well.