It isn't a rumor anymore. I buy chemicals from both basf and alb. The purchasing agents from both sides confirm a buyout price of $51. These guys know more about whats going on than the CEOs.
whr profit margins were exaggerated by Brazilian tax credits. The conference call did not mention this. According to Herb Greenburg, the tax credits are about 26%. The stock price does not have this priced in yet.
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Latest | Highest ratedCrude Oil Prices: Bears Will Soon Win Out [View article]
The govt will change tax code and all the profits made from oil will be back in govt hands. Thats capitalism with excellent govt tax code.
Get your money out of USA accounts NOW!
Rumor: BASF Bidding for Albemarie [View article]
Tuesday's Options Report: WHR, KBH, XHB, AIG, XLF, SIRF, XLP, HMY, MOT, GOOG [View article]