Tuesday, January 19, 2010
Health care leads U.S. market higher
HEALTH CARE LEADS U.S. MARKET HIGHER
Investors view it more likely that compromises could be made to the
Senate health bill, given the chance for Democrats to lose a Senate
seat in Massachusetts.
KRAFT TO BUY CADBURY IN $19.5 BLN FRIENDLY DEAL
After months of wrangling, Kraft Foods on Tuesday lifted its offer for
Cadbury to around 11.9 billion pounds ($19.5 billion) in a bid that
won approval from its British target and that will create the world's
biggest chocolate producer.
CADBURY-KRAFT: THE LEAST FRIENDLY 'FRIENDLY' DEAL
The Kraft Foods-Cadbury deal must be the least friendly "friendly"
deal in history.
SABMILLER SAYS QUARTERLY BEER VOLUMES FLAT
SABMiller reports flat quarterly lager volumes, as tentative signs of
recovery in Latin America and Asia are offset by declines from the
U.S., South Africa and Europe.
HARDWARE SALES LIKELY TO HIGHLIGHT IBM'S EARNINGS
International Business Machines Corp., is expected to issue on Jan. 19
a fourth-quarter report that will highlight signs of stabilization in
the U.S. and world economies as well as show improvement in the market
for high-end computer hardware, analysts say.
