Profile Help Forum Rules Advanced Help Last 1|3|7 Days Search Forum Tree View

Thread   Start New Thread   Last Poster Posts Pages Last Post

Author Message  lukematt Member Username: lukematt Post Number: 12 Registered: 10-2008 Rating: N/A Votes: 0 Thursday, March 19, 2009 - 07:42 pm:     From Bloomberg: "China Huiyuan Juice Group Ltd. plunged by a record 53 percent in Hong Kong trading after Chinese regulators blocked Coca-Cola Co.’s $2.3 billion takeover bid for the country’s biggest domestic juicemaker." During privatization in the Czech Republic, Coca-Cola announced a bottling and distribution deal for the country's second largest city, Brno, with a company named Fruta Modrice. Of course, Fruta Modrice's share price skyrocketed. After enough normal people got sucked into buying Fruta Modrice shares on the basis of this "good news", Coca-Cola announced that they were terminating the agreement because Fruta Modrice's bottling equipment wasn't up to standards. (Didn't Coca-Cola check the equipment **before** announcing the deal?) The situation with China Huiyuan Juice Group's shares seems very similar.

Add Your Message Here Post: -Color- Black Red Green Blue Yellow Purple Orange Cyan Gray White -Font- Arial Courier Symbol Times Verdana -Size- Smallest (-2) Small (-1) Normal Large (+1) Largest (+2) Username: Posting Information: This is a private posting area. Only registered users and moderators may post messages here. Password: Options: Enable HTML code in message Automatically activate URLs in message Action:

Threads by Last Post Time:

First 1 2 3 4 5 6 7 8 9 10 Next Last

Administration   Log Out     ««  Previous  Next  »»