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Is Novell Selling to VMware? - Analyst Blog
Monday, September 20, 2010 - 2:36pm | 1159Enterprise software developer, Novell Inc. (NOVL) is in discussions with the virtualization infrastructure software solutions provider VMware Inc. (VMW) to sell its Linux Operating systems business, according to the Wall Street Journal. According to the Journal, Novell is in advanced stages of...
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Sinochem Asks Beijing To Back Potash Bid
Sunday, September 19, 2010 - 1:38pm | 175Sinochem International, China's largest chemicals trader, is reportedly asking the Chinese government to lend a hand to help the company make a bid for Potash Corp. of Saskatchewan (NYSE: POT), the Canadian fertilizer giant that BHP Billiton (NYSE: BHP) is trying to acquire for $38.6 billion. BHP...
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GNR: SPDR S&P Global Natural Resources ETF Launched
Friday, September 17, 2010 - 6:00pm | 345State Street Global Advisors (SSgA) introduced the SPDR S&P Global Natural Resources ETF (GNR) on September 14, 2010. The press release touts GNR as the “first global natural resources ETF”, which is only true if you somehow manage to exclude the IQ Global Resources ETF (GRES) launched in...
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What's Hot on TheStreet
Friday, September 17, 2010 - 10:27am | 263Here's what Benzinga's reading on our friend, TheStreet.com. What's Hot On TheStreet BHP Buy of Potash: Bad Idea, Says Analyst BHP Billiton's (NYSE: BHP) hostile pursuit of Potash (NYSE: POT) isn't a good idea -- at least according to one contrarian equities analyst, who downgraded shares of the...
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The Cash Against The Potash Board Of Directors
Friday, September 17, 2010 - 7:39am | 126Potash Corporation of Saskatchewan Inc (NYSE: POT) does not want to be taken over by big miner BHP Billiton (NYSE: BHP). It believes the price which BHP offered is too low, and may also think that BHP will fire many Potash workers. Potash is one of the largest sellers of fertilizers in the world,...
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Consortium of Suitors Targeting POT - Analyst Blog
Thursday, September 16, 2010 - 4:06pm | 2376News is rife that Potash Corporation of Saskatchewan (POT) is backing a group of investors to thwart the mining giant BHP Billiton's (BHP) $38.6 billion taker over proposal. A Chinese major is suspected to contribute largely to the consortium with a lesser contribution coming from international...
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2010 Fund Performance Period 9
Thursday, September 16, 2010 - 2:54pm | 4372If, after reading the blog content you might have an interest in participation for the mutual fund, please consider reading why this blog exists. Conditional launch date should be late October to mid November 2010. [Jan 2008: Reader Pledges Toward Mutual Fund Launch] [May 2008: Frequently Asked...
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How Much Did You Make This Summer?
Thursday, September 16, 2010 - 10:54am | 2247Every morning I wake up now I'm reminded that summer is essentially over, and we're entering the shoulder season here in the northeast. Some in Vermont call it stick season because soon the leaves will turn vibrant colors and fall to the ground, leaving only bare branches. On this...
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How Much Did You Make This Summer?
Thursday, September 16, 2010 - 10:54am | 2247Every morning I wake up now I'm reminded that summer is essentially over, and we're entering the shoulder season here in the northeast. Some in Vermont call it stick season because soon the leaves will turn vibrant colors and fall to the ground, leaving only bare branches. On this...
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Potash Hoping To Form Group To Best BHP Bid
Thursday, September 16, 2010 - 2:12am | 107Potash Corp. of Saskatchewan (NYSE: POT) is reportedly looking to form a Chinese-led consortium to support a management-led takeover of the world's largest fertilizer producer in an effort to best BHP Billiton's (NYSE: BHP) $38.6 billion bid for Potash. Canada's Globe and Mail newspaper, citing...
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A moderately bullish play in Las Vegas Sands (NYSE:LVS)
Wednesday, September 15, 2010 - 2:58pm | 1560Las Vegas Sands (NYSE:LVS) shares are modestly lower today – off 20 cents to $31.54 – to underperform the broader market. One investor seems to be jumping on this pullback and may have opened a large bull call spread. The January 30 call has seen 10,000 contracts trade on open interest of 22,...
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Protection Purchased on Scotts Miracle-Gro (SMG)
Wednesday, September 15, 2010 - 2:27pm | 199Shares of The Scotts Miracle-Gro Company (NYSE: SMG) are higher on the session by 0.28%, currently trading at $50.85. The stock has been moving largely higher over the past six months and recently broke above the key resistance level of $50.00. Options traders are buying protection on the name...
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Benzinga's Political Round Up (BHP, LMT, GD)
Wednesday, September 15, 2010 - 11:00am | 280Japan intervened in the currency market last night, marking the first time it had done so since 2004. Japan was concerned the yen to dollar ratio had gotten too low, hurting the country's exporters. A weaker yen should benefit Toyota (NYSE: TM), Honda (NYSE: HMC) and other Japanese manufacturers...
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Monsanto Partners with AgraQuest - Analyst Blog
Tuesday, September 14, 2010 - 4:36pm | 415Missouri-based agricultural company, Monsanto Company (MON) will partner with AgraQuest Inc., a biotechnology company, for three years to use the latter's biopesticide in order to protect its seeds from nematodes, and various diseases and insects. This would help in maximizing the seeds' yield...
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American Vanguard Declares $0.02 Cash Dividend
Tuesday, September 14, 2010 - 8:01am | 42American Vanguard Corp. (NYSE: AVD) today announced that its Board of Directors has declared a cash dividend of $0.02 per share. The dividend will be distributed on October 14, 2010 to shareholders of record as of September 24, 2010.