Independent, Fee-Only Financial Advisor

Independent, Fee-Only Financial Advisor

Monday, July 09, 2007

Oh, Baby!

It was all about baby news today. No, I'm not going to be a grandmother. The French company, Danone, is buying out a Dutch baby food manufacturer. Danone will end up being one of the largest suppliers of baby formula and baby food. Deals like this make Wall Street grin.
Markets gained slightly. It's earnings season again, and investors will be watching to see who will post good numbers for the second quarter of 2007. Positive surprises should fuel further gains. Let's hope the babies are all healthy and bouncing!
DJIA +38.29 NASDAQ +3.51 S&P 500 +1.41