It looks like Dow Chemical will not be able to complete its purchase of Rohm & Haas on time (if ever).
Dow Chemical is now trying to back out of the deal due to “unacceptable uncertainties on the funding and economics of the combined enterprise.”
What they’re really trying to say is that the swift [...]
Entries from January 2009
Dow Chemical Contemplates Dividend Cut
January 29th, 2009 · No Comments
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Consider Laddering Your Bond Portfolio, With a Heavy Bias Toward the Shorter Rungs
January 26th, 2009 · No Comments
“Laddering” is a good way to hedge your bond portfolio against any sudden change in interest rates. After all, it’s much like the concept of dollar cost averaging into stocks.
It works like this: You buy bonds with various maturities. Then, as they mature, you re-invest the proceeds into new bonds at the highest rung [...]
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A Solid Start to 2009
January 6th, 2009 · No Comments
The New Year got off to a strong start with stocks posting a nice little pop on the first day of trading. And even after yesterday’s pullback, the broad indexes are still well above their recent lows. Anyone who bought on the dips has done quite well.
Will the good times continue throughout the year?
Fundamentally speaking, [...]
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