Wednesday, September 17, 2008 9:27:56 PM
CEG got milk? i mean nerve?
the day's action on CEG
the box is where i noticed the bear raid and the first bounce
a more detailed view on a 50tick chart
could they have done this without the abolishment of the uptick rule?
after hours there was a brief about their French joint venture partner either adding to or actually taking out CEG
you can see that reflected in the a/h upticks
EDF eyes Constellation bid
By Ed Crooks in London, Peggy Hollinger in Paris and Julie Mackintosh in New York
Wednesday Sep 17 2008 19:10
EDF is considering a bid for Constellation Energy (NYSE:CEG) , its US partner, even as it prepares finally to set the seal on a sweetened £12bn ($22bn) offer for British Energy, the UK's nuclear operator.
British Energy's board met on Monday and concluded that it was expected to be able to recommend the EDF offer. However, some technical details remain to be resolved and the deal could still collapse again at the last minute, as it did in July.
Meanwhile, the French group's board met in Paris on Wednesday to discuss the group's options for further investment in the US, where a crisis of confidence has sent its US partner's shares crashing in the past few weeks.
Reuters
Constellation in deal talks, shares plunge
Wednesday September 17, 8:34 pm ET
By Matt Daily and Michael Erman
http://biz.yahoo.com/rb/080917/constellation.html?.v=6
the day's action on CEG
the box is where i noticed the bear raid and the first bounce
a more detailed view on a 50tick chart
could they have done this without the abolishment of the uptick rule?
after hours there was a brief about their French joint venture partner either adding to or actually taking out CEG
you can see that reflected in the a/h upticks
EDF eyes Constellation bid
By Ed Crooks in London, Peggy Hollinger in Paris and Julie Mackintosh in New York
Wednesday Sep 17 2008 19:10
EDF is considering a bid for Constellation Energy (NYSE:CEG) , its US partner, even as it prepares finally to set the seal on a sweetened £12bn ($22bn) offer for British Energy, the UK's nuclear operator.
British Energy's board met on Monday and concluded that it was expected to be able to recommend the EDF offer. However, some technical details remain to be resolved and the deal could still collapse again at the last minute, as it did in July.
Meanwhile, the French group's board met in Paris on Wednesday to discuss the group's options for further investment in the US, where a crisis of confidence has sent its US partner's shares crashing in the past few weeks.
Reuters
Constellation in deal talks, shares plunge
Wednesday September 17, 8:34 pm ET
By Matt Daily and Michael Erman
http://biz.yahoo.com/rb/080917/constellation.html?.v=6
TRADING: "More Signal...less Noise"
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