Bristol Myers Inc. (NYSE: BMY) plans to spend $2.4 billion to buy partner Medarex Inc. (Nasdaq: MEDX)
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By John Tamny About former Federal Reserve chairman Arthur Burns, Rice University historian Allen Matusow once wrote that “he had no fixed monetary principle of his own, except a determined eclecticism that translated into unsteadiness of purpose.” It would be fair to describe our present Fed Chairman in the same way. Indeed, in an opinion piece for [[ This is a content summary only
AT&T’s (T) wireless, broadband, and U-verse TV subscription businesses all did well in the second quarter. Buried a bit deep in the press release about earnings was the fact that AT&T had 46.3 million total consumer connections at the end of the second quarter, compared with 48.4 million at the end of the second quarter of 2008. [[ This is a content summary only.
