Where was Steve jobs on the Conference Call? Hes never really on a conference call....but an analyst asked if there was anything wrong with Steve Jobs health and the CFO said Steve Jobs health is a private matter.
A private matter? He is the face of the company.....he is the Warren Buffet of Apple.
Apple stock is plunging afterhours to $148. I have in my technical chart from the weekend that there is support at $145......but given the plunge....I'm waiting this one out!
Monday, July 21, 2008
7/21 Pre Market Stock Gainers, DNA, FNM, FRE, ABK
This morning the Pre Market Gainers in the Stock Market are going to be:
DNA
FRE
FNM
ABK
WM
BAC
DNA is getting a buyout offer, Bank of America reported better then expected earnings, Fannie Mae and Freddie Mac are going up in sympathy to B of A.
Other Pre Market News.... Carl Ichan has been accepted to the Yahoo( YHOO ) board.
DNA
FRE
FNM
ABK
WM
BAC
DNA is getting a buyout offer, Bank of America reported better then expected earnings, Fannie Mae and Freddie Mac are going up in sympathy to B of A.
Other Pre Market News.... Carl Ichan has been accepted to the Yahoo( YHOO ) board.
Roche buying DNA Genentech
Roche has offered to buy the rest of Genentech DNA for 43.7 Billion dollars. As you might know already, Roche already owns a 55.9 percent stake in DNA.
The Swiss drug maker Roche is offering $89 per share for the remaining DNA shares.
Genentech is trading above $96 in pre market so far this morning so it looks like their could be a taken over battle here. The market is pricing in a higher takeover price.
On another note, Merck MRK is postponing earnings until tonight at 4pm.
The Swiss drug maker Roche is offering $89 per share for the remaining DNA shares.
Genentech is trading above $96 in pre market so far this morning so it looks like their could be a taken over battle here. The market is pricing in a higher takeover price.
On another note, Merck MRK is postponing earnings until tonight at 4pm.
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