Money Matters - Simplified


Winn-Dixie's Q4 net income slumps

The U.S. super market chain Winn-Dixie Stores, Inc., has posted a fall in sales for fourth quarter.

Affected by inflationary increases that were passed to customers through select categories, net sale

Omnicare proposes to buy PharMerica's outstanding shares

In a bid to purchase all outstanding shares of PharMerica common stock for $15.00 per share in cash, Omnicare, Inc. has sent a letter to PharMerica Corporation. Inclusive of PharMerica's net debt, the transaction is valued at $716 million.

The all cash proposal is a 37.2 percent premium over PharMerica's closing stock price on Aug.

Mirant, RRI Energy to merge in $1.61B deal

To continue consolidation in the power industry, cut costs and strengthen financial standing, two major power companies in the nation, Mirant Corporation (NYSE: MIR), and RRI Energy, Inc. (NYSE: RRI), announced plans to merge and create one of the biggest power producing companies in the nation.

Coherent, Inc.: Warming Up or Cooling Off?

Together, we are all trying to build our fortune by finding well-run companies at bargain-basement prices. But it takes work -- scouring company earnings reports, scrutinizing key data, and assessing the competition.