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The Global Economic Picture $$

A picture is indeed worth a million words….

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General Growth's JV in IPO $$

Nice little monetization

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General Growth’s JV in IPO $$

Nice little monetization

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Dow Chemical Reports TOP and BOTTOM Line Growth $$$$

Now, we have been saying here for a while Dow was going to report much stronger than expected results but I did not expect them to be this strong.

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“Davidson” on PMI $$

The recovery continues…..

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"Davidson" on PMI $$

The recovery continues…..

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WSJ: Phillip Morris International Shares “Worth Picking Up” $$

Makes a nice case that either Phillip Morris (PM) is under prices OR Altria (MO) is over priced.

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WSJ: Phillip Morris International Shares "Worth Picking Up" $$

Makes a nice case that either Phillip Morris (PM) is under prices OR Altria (MO) is over priced.

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American Capital Shareholder Voting Instructions $$

I am voting for the ability for management to issue new shares.

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Bruce Berkowitz & Fairholme Invests in General Growth $$

This is an interesting move for Fairholme (FAIRX). Hat tip reader Shaun.

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Bruce Berkowitz & Fairholme Invests in General Growth $$

This is an interesting move for Fairholme (FAIRX). Hat tip reader Shaun.

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Tilson: Rebutting Hovde “Getting Very Tiring” $$

Whitney does it again. It is also worth noting even Whitney notes this is becomine “tiring”. We all agree….nice job though Whitney. Hat tip to Jay at www.marketfolly.com for posting this first.

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Tilson: Rebutting Hovde "Getting Very Tiring" $$

Whitney does it again. It is also worth noting even Whitney notes this is becomine “tiring”. We all agree….nice job though Whitney. Hat tip to Jay at www.marketfolly.com for posting this first.

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Tilson/Ackman Not Selling Out of GGP $$

Going to reprint a post from August rather than type it again. Now that hegdies are reporting holdings, the inevitable  “so and so sold out of GGP” emails are coming. Nope

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Dow Receives Mexican Approval $$

A couple of news items, the second one being significant