Kraft plays down talk of higher Cadbury bid
NEW YORK (Reuters) – Kraft (KFT.N) played down speculation on Tuesday that it would be prepared to raise its offer for Cadbury PLC (CBRY.L), after the British chocolate company rejected its 10.2 billion pound ($16.7 billion) offer.
Cadbury shares have climbed 38 percent in the past two days on talk that the American packaged food company [...]
Seven dividend elites: 100 years of dividends
“While companies have been cutting dividends at an historic pace over the last 24 months, the fact is that there are still quality companies with long histories of paying dividends that represent good long-term investments,” says Chuck Carlson, a specialist in companies offering dividend reinvestment plans.
In his top-notch The DRIP Investor he says, “The seven [...]
First Solar Sell-Off Is Overdone
Competition – as I used to say to my sales force – has a way of keeping competitors honest. The real beneficiary of a healthy business duel, however, is the customer. Particularly when the competition gets down to price.
Nowhere is that more apparent right now than in the solar energy industry. Over the past few [...]
No floor in sight for natural gas; prices plunge
NEW YORK (AP) — Natural gas prices tumbled again Thursday, hitting new seven-year lows after the government reported more supplies were put into storage as the entire country pares down on energy usage.
That will mean huge savings for a lot of people this winter when the heating bill arrives.
On Monday, Spokane, Wash.-based utility Avista Corp. [...]
China to approve single-dose swine flu vaccines
BEIJING (AP) — The answer may be near to a crucial question about vaccine for the advancing swine flu — one shot or two?
Chinese officials say they are about to approve vaccines that prevent the new flu in a single dose.
If they’re right, it would be good news. Many health researchers fear it will take [...]