From Seeking Alpha:
Shares of hog and beef producer Smithfield Food Inc. were down Monday, as analyst slashed the company’s projected earnings based on weak hog prices and growing hog supply. BB&T downgraded Smithfield from a buy to a hold, and cut its current quarter earnings target to $0.17/share from $0.48/share. "Hog-production profitability has deteriorated dramatically […]
Entries from October 2007
Bacon tastes good. BUY Sadia, but don’t pig out!
October 9th, 2007 · No Comments
Software heats up - SAP buys Business Objects
October 9th, 2007 · No Comments
From Seeking Alpha, Sramana Mitra discusses SAP’s $6.8 billion acquisition of Business Objects at a 20% premium:
Business Intelligence is clearly a market in which SAP needs to be present, and market alignment wise, this is a phenomenally good strategic move. The largest previous deal was in May when Oracle agreed to buy Hyperion for $3.3 […]
Tags: software
Just joined Cake Financial
October 7th, 2007 · No Comments
Reading Fred Wilson’s discussion about the social investing field motivated me to test out Cake Financial (I’m opening a Covestor profile as well):
A big theme at TechCrunch 40 was social/web financial services. Mint and Cake launched there and Mint came away with the top prize.
The twist that Cake brings to the social investing field is […]
Tags: social networking · investing
