jwiggington

A Preview of Q3 Earnings: Alcoa Kicks Things Off

Any ideas on who potential purchasers for Alcoa's automotive castings and packaging divisions could be? I read Tata Group could a possibility www.newsvisual.com/new... Anyone hear anything different?

Alcoa to Take $845 Million in Q3 Charges

Any ideas on who Alcoa is selling these units to? The blog NewsVisual had an interesting take on this, they suggested that one future buyer could be the Tata Group of India www.newsvisual.com/new... Ratan Tata (Chairman of Tata) is currently a Director at Alcoa. The Tata Group has the industrial size, global reach, and capital to make a significant offer on at least some of these divisions.

Textron Snaps Up Unmanned-Aircraft Maker UIC For $1.1B

This deal may have been easier to negotiate than people think, according to research the executives had corporate ties through GE, Lockheed, and Honeywell www.newsvisual.com/new... . This might have helped ease some of the negotiations.

BofA and JPM to Write Down Total of $3 Billion - Analyst

Well, at least JPMorgan's and BofA's write-down is not as bad as some of the other financial firms. Whether we are just seeing the tip of the iceberg and this continues into the 4th quarter remains to be seen, I think. I still feel that overall most of these firms have solid BODs with tons of experience that should help them make the right moves. NewsVisual actually has some maps of the Boards at JPMorgan and BofA, they are worth taking a look at www.newsvisual.com/new... www.newsvisual.com/new...