Wind is a hot subject these days, thanks to surging energy prices and oil man Boone Pickens’ pro-wind PR campaign. But be careful of investing in the latest “hot” space, says James Altucher, author and managing partner of Formula Capital, who re
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The market lurched forward Thursday as the Dow Chemical-Rohm Haas deal overshadowed, for the moment, ongoing concerns about the soundness of the financial system. Even as Fed Chairman Ben Bernanke and Treasury Secretary Henry Paulson testify about the nee
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Dow Chemical’s $15.3 billion offer for Rohm & Haas is more than just a deal between stodgy chemical companies, says James Altucher, managing partner of Formula Capital. The deal also provides a window into Warren Buffett’s playbook, says Altucher, who
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From All Things Digital, July 9, 2008: What a remarkable display of political expediency. In a 69 to 28 vote, the U.S. …
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Companies may look cheap in the newly minted bear market, but Dow Chemical isn’t taking any chances with Rohm and Haas. The $18.8 billion deal at $78 per share is a 74 percent premium to the paint specialist’s closing price of $44.83 on Wednesday. If the deal wasn’t rich enough, buy-in from Omaha oracle Warren Buffett and sovereign […]
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With a “PC grade OS under the cover,” the iPhone is “really a handheld computer,” says Walt Mossberg, personal finance columnist for The Wall Street Journal and co-executive editor of AllThingsD.com. “I don’t even call it a phone.
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