Monday, July 7, 2008

Monday - Still Not My Favorite Day

Futures are down as little as is oil - nothing big is going on.

InBev is talking about turning hostile in its bid for Bud.

GM is desperately seeking a solution to the hole it's in.

NBC and some friends are buying the weather channel for around $3.5 Billion. Doesn't (almost) everyone have a computer?

CNBC/Gasparino thinks that Merrill will sell some or all of both their Bloomberg and Blackrock stakes. The more I think about it, the more I think that Google should buy the Bloomberg stake, and that Merrill should not sell the Blackrock stake. I guess I'm backing into the conclusion that if they do sell the BLK stake, their balance sheet is worse than consensus.

long MER, BUD

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