Anheuser-Busch highlighted in today's OptionsNews.OptionsNews with Carrie Long report for Tuesday, May 27, 2008 CHICAGO -- OptionsNews, the daily news program on www.onn.tv, today reported on the following companies: Friday's option volume for indexes and single stocks registered nearly 11 million contracts, lower than the year to date average of 14 million contracts and slightly higher than Thursday's volume of just over 10 1/2 million contracts. The CBOE volatility index CBOE Volatility Index See VIX Index. , also known as the VIX VIX The implied volatility on the S&P 100 (OEX) option. This volatility is meant to be a forward looking volatility. It is calculated from both calls and puts that are near the money. The VIX is a popular measure of market risk. , ended the day at 19.55, up over 8% from Thursday's close of 18.05. According to the Financial Times, InBev (INB INB Inbound INB Internal Network Bus INB Intranodal Buffer INB Install Busy INB Input Buffer Control Block ) is looking to sweeten sweet·en v. sweet·ened, sweet·en·ing, sweet·ens v.tr. 1. To make sweet or sweeter by adding sugar, honey, saccharin, or another sweet substance. 2. To make more pleasant or agreeable. the pot in its bid to purchase Anheuser Busch (BUD), raising their bid to $65. While August Busch IV This page is for 5th generation brewing magnate, August Busch IV. For other persons see August Busch. August Anheuser Busch IV (born 1964) is the great-great-grandson of Anheuser-Busch founder Adolphus Busch, the son of former chairman, president and CEO August has repeatedly said that his family has no desire to see the brewery sold, his family only controls roughly 4% of the stock. And while he may control the board, this new bid comes in at roughly an 11 times multiple, which is well within the range shareholders ought to be looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. . This deal could go through relatively quickly, too. Since there isn't much overlap between the two companies, antitrust issues shouldn't be a problem. The only real problem would be whether or not InBev could finance the deal, since they'd have to take on a lot of debt, which could be problematic in the current market. On Friday, we saw the June 60 calls trade over 45 thousand times at around one dollar. If this deal does go through, those calls would now be worth $5 each. Speaking of debt, in a story we covered last week the Canadian Supreme Court has agreed to expedite the appeal of the BCE BCE abbr. 1. Bachelor of Chemical Engineering 2. Bachelor of Civil Engineering BCE Abbreviation for before the Common Era. (BCE) decision announced last week. You'll remember that bondholders were trying to block the proposed buy-out. The trial date is now set for June 17th in Ottawa. Holders of the shorter term options could still see some volatility there. Serving a rapidly growing segment of the investment community, The Options News Network provides daily options news and entertainment, options education, options trading ideas, and expert commentary on the options market, targeting options traders of all skill and experience levels as well as stock investors thinking about options. |
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