November 20, 2008
STOCKWATCH Meggitt gains on consolidation hopes, positive broker comment
M&A hopes were boosted as peer Cobham announced yesterday that Spanish investor Francesc Rubiralta Vilaseca, owner of the steel company Celsa, bought a 5 pct stake worth about 110 mln stg in the aerospace engineer.
Stocks rallied and bonds slumped Wednesday after the Federal Reserve cut a key short-term interest rate by a quarter point, as expected, and implied that it doesn't need to cut rates again for the time being.
Surfing through various other blogs, I found an entry over on bloggingstocks.com titled, Cramer on GOOG: more back-peddling and it's hysterical ( Read More )
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