Guest Posted January 30, 2004 Report Share Posted January 30, 2004 Haha, I wish Link to comment Share on other sites More sharing options...
Guest Posted January 30, 2004 Report Share Posted January 30, 2004 January 30, 2004 (BAX)Baxter International Inc. said it expects to make job cuts in a restructuring and top-to-bottom review of its businesses that will slash costs $200 million to $300 million a year. The plasma business has faced weak prices amid increased competition in an oversupplied market, which prompted Baxter to close more than two dozen plasma collection centers, consolidate facilities, simplify infrastructure and slash roughly 3,000 jobs worldwide. http://www.suntimes.com/output/business/cs...n-baxter30.html Link to comment Share on other sites More sharing options...
Guest Posted January 30, 2004 Report Share Posted January 30, 2004 IWV iShares:Russ 3000 Idx 64.27 +0.08 +0.12% 5,000,000 trades AH Thats almost how many shares traded all day ??? http://quotes.nasdaq.com/quote.dll?mode=fr...nput=&x=15&y=10 Link to comment Share on other sites More sharing options...
HiHat Posted January 30, 2004 Report Share Posted January 30, 2004 Yup..I'm relaxing for weekend already....Have Income Tax appointment 10:00 A.M. tomorrow morning. Then my last child..baby girl, who grad. college in dec....is taking plane and moving to Chicago..at 4:00......... Link to comment Share on other sites More sharing options...
The End Posted January 30, 2004 Report Share Posted January 30, 2004 Wonder if TE is watching and shorting PIXR? It ran up to 69 earlier. Nah, I didn't . Link to comment Share on other sites More sharing options...
brian4 Posted January 30, 2004 Report Share Posted January 30, 2004 Interesting the cubes were down about 5 ticks with 21/2 minutes to go and finished down 17 ticks and have dropped another 7 on the Island. Markets look real weak considering this was window dressing EOM plus pretty face Friday. Link to comment Share on other sites More sharing options...
brian4 Posted January 30, 2004 Report Share Posted January 30, 2004 AussieBear how are ya! Link to comment Share on other sites More sharing options...
Guest Posted January 30, 2004 Report Share Posted January 30, 2004 B4, thanks for the welcome way back at 10 am your time, missed it, I must have exited for beddy byes right about then! Good to see you in action though a shame you had to go to these lengths to convince people you actually CAN trade, hahaha. Just catching up with the rest of the thread.. Link to comment Share on other sites More sharing options...
Hiding Bear Posted January 30, 2004 Author Report Share Posted January 30, 2004 More on Buffet's pipe dream: Buffett Sees Opportunity In Long-Stranded Alaskan Gas DOW JONES NEWSWIRES NEW YORK -- The Oracle of Omaha has seen an investment opportunity where three oil majors with a combined market value of half a trillion dollars have dragged their feet for the past three decades. MidAmerican Energy Holdings, 80% owned by Warren Buffett's Berkshire Hathaway Holdings (BRKA, BRKB), last week proposed the construction of a gas pipeline that would unlock the massive 35 trillion cubic feet of natural gas - and perhaps 100 trillion more that's unproven - located on Alaska's North Slope. Many believe that gas is critical to plugging a growing U.S. supply gap. Buffett's project differs from the one that was originally considered by Big Oil. MidAmerican would build a pipeline from Alaska's North Slope to the border with Yukon, where a consortium, possibly led by TransCanada Corp. (TRP), would pick up and build a line connecting to Canada's existing pipeline infrastructure. The $20 billion Big Oil pipeline envisioned in the energy bill would have been the largest single construction project in history. The draft bill contained $18 billion in loan guarantees - 80% of the total cost - accelerated depreciation on the pipeline and a $400 million tax credit for a gas plant. The missing ingredient, as far as the companies were concerned, was a subsidy that would have compensated the producers in the event that prices fell below a certain level. I like the idea, but why does Uncle Sam always have to pick up the tab if things don't work out. It seems heads, big business wins, tails, US taxpayers lose. By the way, glad you are a moderator B4. Is there going to be a seperate weekend thread or does Friday just continue like Stool'e Gold? Link to comment Share on other sites More sharing options...
Guest Posted January 30, 2004 Report Share Posted January 30, 2004 (Grand Rapids, January 30, 2004, 4:52 p.m.) Another Grand Rapids company is closing, cutting 120 jobs in the process. 24 Hour News 8 talked to employees from the Keeler Die-Cast plant in Grand Rapids Friday. One worker tells us the sign on the door was the writing on the wall - "Not accepting applications at this time." Now they will let the people they've got go. http://www.woodtv.com/Global/story.asp?S=1...82&nav=0RceKWqK Link to comment Share on other sites More sharing options...
brian4 Posted January 30, 2004 Report Share Posted January 30, 2004 HB- As Someone said (Sherlock I think) we are a 24 lounge for trading and talk so we'll just carry on over the weekend. The Buffett deal would not be guaranteed by the Government and it looks like he will get it. TRP on our side (Canadian) would also build new lines to U.S. border without Government guarantee or subsidy. For Buffett it's a sweetheart deal when the economy falls off a cliff gas will still go thru those lines and he will get a commission on every cubic foot. Link to comment Share on other sites More sharing options...
brian4 Posted January 30, 2004 Report Share Posted January 30, 2004 Ned-welcome! Link to comment Share on other sites More sharing options...
Guest Posted January 30, 2004 Report Share Posted January 30, 2004 http://www.signalwatch.com/markets/markets-dow.asp "The Dow continues to trade sideways within the tight consolidation, which has formed at the lows. A downside break is the most likely scenario, but a break either way will make for a solid move. Watch 10,400 down, and 10,535 up." DOW 15 min chart S&P & Naz "The NASDAQ and S&P each traded sideways within their respective ranges today, further forming consolidations at the lows. Look for further range movement until a break occurs." Link to comment Share on other sites More sharing options...
Hiding Bear Posted January 30, 2004 Author Report Share Posted January 30, 2004 HB- As Someone said (Sherlock I think) we are a 24 lounge for trading and talk so we'll just carry on over the weekend.? The Buffett deal would not be guaranteed by the Government and it looks like he will get it.? TRP on our side (Canadian) would also build new lines to U.S. border without Government guarantee or subsidy.? For Buffett it's a sweetheart deal when the economy falls off a cliff gas will still go thru those lines and he will get a commission on every cubic foot. Doc said - Give us this day our daily thread. So it was said and so it will be! Yes Sherlock said - How about a 24-hr International Family Lounge??? Well we got it. Tanks B4 for bringing this to life. If Cheny thinks we should go to Mars for energy, then I think its a good bet - like you said - Buffet will make money a little closer to home! Think that TRP could be a money machine if Buffet's plan gets off the ground. Link to comment Share on other sites More sharing options...
Ned38 Posted January 30, 2004 Report Share Posted January 30, 2004 Ned-welcome! Tanks Great thread, great job Link to comment Share on other sites More sharing options...
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