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Walter Energy (WLT) to Buy Western Coal for $3.3 Billion Walter Energy said Friday that it had agreed to buy Western Coal in a deal that values the company at 3.3 billion Canadian dollars ($3.3 billion).<\/p>\n
Walter, an American coal company, will pay 11.50 Canadian dollars or 0.114 Walter shares for each outstanding share of Western, a 56 percent premium to the 7.38 Canadian dollars the target company was trading at before it first announced it had entered talks.<\/p>\n
The deal follows an announcement on Nov. 18 that the two companies were in talks to merge.<\/p>\n
Good news from the Wall Street Journal:<\/strong><\/span><\/p>\n Retailers’ reports of robust November sales offered more evidence that the lackluster U.S. economy may finally be gaining momentum, despite stubbornly high unemployment.<\/p>\n According to 27 retailers tracked by Thomson Reuters, sales at stores open a year or more rose 6% last month, sharply exceeding a year-earlier rise of just 0.5%. Online retailing also showed sizable gains.<\/p>\n Stores coaxed shoppers to open their wallets with four weeks of bargains that culminated in a discount frenzy on Black Friday, the day after Thanksgiving, when lore has it that many retailers tip into the profit column for the year. The final tally for the month suggested that holiday spending may prove to be stronger than expected.<\/p>\n On Friday (this morning) the Labor Department will offer an important new piece of evidence on the strength of the recovery. Economists predict its report will show employers added more than 140,000 jobs in November.<\/p>\n Sadly, this morning, the Labor Department reported a gain of only 39,000. The Journal (and most economists) screwed up.<\/p>\n The unemployment rate stayed at 9.8%, up from 9.6% the previous month. 15.1 million Americans are unemployed — a lot of people. Sad.<\/p>\n Bad for the stockmarket.<\/p>\n Neat new Nikon — the D7000.<\/strong> I don’t have one, yet. But the specs sure look yummy, the price reasonable and the reviews excellent. Read more on dPreview.com<\/strong><\/a><\/span> This camera is for weddings, birds, bar mitzvahs and other important family events. It’s too heavy for day-to-day photos. For that, I’m loving my iPhone 4.<\/span> Cheapest place to buy is Abt<\/strong><\/a>.<\/p>\n Greatest boring shoe.<\/strong><\/span>I wear formal shoes to weddings, bar mitzvahs and funerals. My feet (or brain?) no longer can tolerate the old stiff all leather shoes. I love Rockport. They may be alta kaka (old people’s) shoes. But they sure fool everyone.<\/p>\n No Christmas in Washington this Year<\/strong><\/span><\/p>\n There will be no Nativity Scene in Washington this year.<\/p>\n The Supreme Court has ruled that there cannot be a Nativity Scene in the United States’ Capital this Christmas season. This isn’t for any religious reason. They simply have not been able to find Three Wise Men in the nation’s capital.<\/p>\n The search for a Virgin continues. There was no problem, however, finding enough asses to fill the stable.<\/p>\n Dark in here<\/strong><\/span><\/p>\n A woman takes a lover home during the day while her husband is at work.<\/p>\n Her 9-year old son comes home unexpectedly, sees them and hides in the bedroom closet to watch.<\/p>\n The woman’s husband also comes home. She puts her lover in the closet, not realizing that the little boy is in there already.<\/p>\n The little boy says, ‘ Dark in here.’<\/p>\n The man says, ‘Yes, it is.’<\/p>\n Boy: ‘I have a baseball..’<\/p>\n Man: ‘That’s nice’<\/p>\n Boy: ‘Want to buy it?’<\/p>\n Man: ‘No, thanks.’<\/p>\n Boy: ‘My Dad’s outside.’<\/p>\n Man: ‘OK, how much?’<\/p>\n Boy: ‘$250’<\/p>\n In the next few weeks, it happens again that the boy and the lover are in the closet together.<\/p>\n Boy: ‘Dark in here.’<\/p>\n Man: ‘Yes, it is.’<\/p>\n Boy: ‘I have a baseball glove.’<\/p>\n The lover, remembering the last time, asks the boy, ‘How much?’<\/p>\n Boy: ‘$750’<\/p>\n Man: ‘Sold.’<\/p>\n A few days later, the Dad says to the boy, ‘Grab your glove, let’s go outside and have a game of catch.’<\/p>\n The boy says, ‘I can’t, I sold my baseball and my glove.’<\/p>\n The Dad asks, ‘How much did you sell them for?’<\/p>\n Boy: ‘$1,000’<\/p>\n The Dad says, ‘That’s terrible to over charge your friends like that…that is way more than those two things cost.<\/p>\n I’m taking you to church, to confession.’<\/p>\n They go to the church and the Dad makes the little boy sit in the confessional booth and closes the door..<\/p>\n The boy says, ‘Dark in here.’<\/p>\n The priest says, ‘Don’t start that stuff again; you’re in my closet now.<\/p>\n
\n<\/strong><\/span><\/p>\n![\"\"](\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2010\/12\/NikonD7000.jpg\" "\\"NikonD7000\\"")
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\n<\/strong><\/span><\/p>\n![\"\"](\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2010\/12\/NikonD7000AllAroundView.jpg\" "\\"NikonD7000AllAroundView\\"")
<\/a><\/p>\n![\"\"](\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2010\/12\/RockportOxford.jpg\" "\\"RockportOxford\\"")
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\nLeather top. Comfy insides. Rubbery bouncy sole. $110 from <\/a>Rockport. <\/strong><\/a><\/p>\n
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