Stocks For You To Rise On More Mergers News
The talks between G.M. and Cerberus Capital Management, the non-public equity firm that owns Chrysler, began more than a month ago, and the negotiations are not sure to produce a deal. Two people close for the process said probabilities of a merger were "50-50" as of Friday and would most likely still take weeks to work out side.
Aircraft leasing company Air Lease(AL_) was up zero.2% to $24.97 after announcing that overall performance issued $120 million in senior unsecured notes in the private placement to institutional investors. Supplier said that was part of that move to fund future fleet acquisitions.
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Analogic (ALOG_), a provider of medical imaging and aviation security technology, reported third-quarter earnings of 54 cents a share, beating the average analyst estimate of 44 cents a share.
At related time, we were treated to the regarding the oil business combined with increased move. This combined activity caused a boom inside the demand for U.S. dollars in foreign banks. The particular 1970s, over US$47 billion was making use of overseas banks.
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The larger issue is the resultant size the merged entity. Finances too many corporations considered "too big to fail" (including GM and Chrysler!). Each time one out of all these corporations actually starts to teeter, You.S. taxpayers money has to flood in and save them, as final results of allowing them to fail are so devastating for the economy. How's combining two "too big to fail" companies that are already teetering and merging them into an a great deal larger "too big to fail" megacorporation (that will, no doubt, be teetering) a great move?
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