The! Biggest! News! of! the! Day! - Not Thornburg Mortgage Inc, Starbucks Corp, Applied Biosystems, China Medical Technologies

Tags: TMA
12 Jun 10:01pm
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Here are some of the contenders for today's biggest...news...of...the...day...

  • A management shakeup at Lehman Bros. Holding (LEH)...
  • Earnings from Thornburg Mortgage Inc (TMA)...
  • A buyout bid for Anheuser-Busch (BUD) by InBev...
  • A licensing agreement for Starbucks Corp (SBUX)...
  • The purchase of Applied Biosystems Group (ABI) by Invitrogen Corp. (IVGN)...
  • Earnings from China Medical Technologies, Inc. (CMED)...
  • The Fed's new war of words...
  • A look into the belief by Monsanto (MON) that "the food crisis will create new markets for genetically modified products..."
  • A move by the FBI to focus on subprime...

While those are all stories worth watching, I think it is obviously clear that the biggest story is this - Man Who Fell Off Couch Laughing at TV Show Ends Up Pepper Sprayed, Arrested, courtesy of my colleague Andrea Kramer. According to the article, a British man "...was so amused with BBC1's 'Have I Got News for You' that he fell off his couch in a fit of laughter..." The resulting "thud" spurred concern from a neighbor who called the police. At some point the 'laugher' thought it would be a 'good idea' to try "to shut his door on the officers"...

And for those looking for a reason to take a vacation check this out - 'Come to Ocean City' before the ocean disappears, says ad. Yep, that right - the mayor of Ocean City is "calling on vacationers to book 'before our planet spirals to a vaporous death...'"

Nothing says let's relax like talk of "a vaporous death..."


Copyright Schaeffer's Investment Research http://www.schaeffersresearch.com

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Schaeffer’s Investment Research, founded by Bernie Schaeffer in 1981, is a research-driven provider of investment research and recommendations featuring a unique, time-tested analysis of investor expectations. Schaeffer's contrarian approach, called Expectational Analysis®, focuses on stocks with technical and fundamental trends that run counter to investor expectations. The firm publishes Bernie Schaeffer's Option Advisor, the nation's leading options subscription publication and it's website, www.SchaeffersResearch.com, is recognized as one of the leading information sources for stock and options traders and was cited as the top options website by both Forbes and Barron's.