FA Notes Thursday October 20, 2011
Silver Lake, Canada Pension Plan Investment Board, and Microsoft working on a Yahoo bid. WSJ
FCX – “Despite the strike, Grasberg has been operating at about 80% capacity, he said. "Our hope is that we get the strike resolved and we get everybody back to work," he said.” Freeport’s total copper production fell 8.7% in the quarter, while gold production dropped 22%. Molybdenum output increased 21%. WSJ
“main problem with aluminum is that energy accounts for 30% of smelting costs. In an era when global energy demand is climbing fast”
WDC call: “As a result of these activities, at this point in time, we estimate that our regular capacity and possibly our suppliers’ capacity will be significantly constrained for several quarters.”
Steve Eisman to start a new hedge-fund. Link
WSJ video interview of Joel Greenblatt Link
Semiaccurate says Nvidia Tegra slips Link