What's odd is that not one brokerage firm downgraded Hershey. Maybe all those hard core analysts are suckers for sweets. Now we want it, now we don't. Today, Laidlaw announced that it would seek to sell its stake in Safety-Kleen in order to reduce its debt. Well, after the close, The company announced that it would miss earnings by a lot.
Intellectual property can be SO ugly.
On Friday, the US Patent and Trademark office decided in favor of Affymetrix . The problem is, investors in Incyte were counting on the opposite conclusion. All you have to do is buy on the dips. Oh well, if we can't have Gucci, I guess we'll settle for Tag Heuer. Its partner is Silicon Valley VC firm Institutional Venture Partners.