Morning News - Tuesday, October 31, 2006
JNJ – Berkshire Hathaway bought 22.6 million shares of Johnson & Johnson in the 2Q, according to a regulatory filing. The filing also disclosed a holding in Target Corp.
TLF reports Q3 EPS of $0.08. Revenue rose 6.6% to $12.6 million. Company plans to open up 12 Tandy Leather retail stores in 2007.
Nation’s daily newspapers circulation fell 2.8% during the six month period ending September 30 compared with the period last year. NYT.
MSO – rumors of the company going private. Reported 3Q operating loss was 13 cents a share. A loss of 20 cents a share was the estimate. BBRG.
Nikkei up .29%
Gold 603.10 – 4.30
Oil 57.79 -.56
Dollar: euro 1.2760 + .0039; yen 117.25 -.16
TLF reports Q3 EPS of $0.08. Revenue rose 6.6% to $12.6 million. Company plans to open up 12 Tandy Leather retail stores in 2007.
Nation’s daily newspapers circulation fell 2.8% during the six month period ending September 30 compared with the period last year. NYT.
MSO – rumors of the company going private. Reported 3Q operating loss was 13 cents a share. A loss of 20 cents a share was the estimate. BBRG.
Nikkei up .29%
Gold 603.10 – 4.30
Oil 57.79 -.56
Dollar: euro 1.2760 + .0039; yen 117.25 -.16
