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Global Investing Roundups

Money Morning (July 7th, 2008) Writes:
InBev Seeks Overthrow of AB Board; Microsoft Open to New Talks with Yahoo; Crude Retreats; Merrill Lynch to Write Down $6 billion; Freddie and Fannie Tumble; Tighter Fed?; Greenback Weighs on Gold; Prius Goes Solar Belgian brewer InBev NV announced yesterday (Monday) that it would attempt to remove the entire Anheuser-Busch Cos. Inc. (BUD) board of directors after InBev’s $46.3 billion hostile takeover offer bid was rejected. InBev is seeking to use a process outlined in Anheuser- Busch’s bylaws that allows shareholders to vote on a new board without a meeting, Bloomberg News reported. Microsoft Corp. (MSFT) said yesterday (Monday) that it would be willing to reopen talks to buy all or part of Yahoo! Inc. (YHOO), but only if a new Yahoo board is elected, Reuters reported. Carl Icahn, the billionaire financier ...

Global Investing Roundups

Money Morning (June 27th, 2008) Writes:
Report: Toyota Plunking $1 Billion on Brazil Plant; India Housing Boom Ending; GDP Revised Up; Home Sales Rise, Values Fall; Anheuser Busch to Reject InBev Bid; Bank of America Sheds Jobs; Gold Shares Glow; Oshkosh Plunges on Lowered Outlook Toyota Motor Corp. (ADR: TM) plans to drop more than $1 billion on a new factory in Sao Paulo, Brazil, Valor Economico reported without citing a source. The new factory would be a bid to capture a share of the economic growth and rising incomes in South America. A pair of mortgage executives in India said the country’s five-year property boom is coming to an end as the number of available homes increases along with interest rates. "Due to the state of the equity markets, many investors who would have bought a second or a third house ...

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