Marc
And in commodities today, we'll send it off to Linda Samanthason over at the New York Food Exchange.
Thanks, Chuck. Interesting news to start off with. It seems that the Ham industry ended up at the closing bell yesterday, gaining four points, or 17%, and setting a new, fifty-two week high. James McBoobston, CEO of HamStuff Inc., stopped by yesterday and told us that the company is going to not only meet their third quarter earning's estimates, but they will be looking to surpass them.
Next, on to the Cheese stocks, which took a bit of a hit after Alan Greenspan's speech earlier yesterday, noting that cheese production across the midwest is down nearly 10% from this time last year. This is not a speech that most cheese analysts wanted to hear, seeing as how the market has been troubled over the course of the past few years by persistent rumors about a possible buyout by a conglomeration of CEO's in the milk industry, which could really affect the future of the cheese market. We're going to have to keep a close eye on this one.
And finally, the cola sector closed today down only .2 of a percentage point. No big surprises there. Thanks, and back to you, Chuck.
Thanks Linda.
Thanks, Chuck. Interesting news to start off with. It seems that the Ham industry ended up at the closing bell yesterday, gaining four points, or 17%, and setting a new, fifty-two week high. James McBoobston, CEO of HamStuff Inc., stopped by yesterday and told us that the company is going to not only meet their third quarter earning's estimates, but they will be looking to surpass them.
Next, on to the Cheese stocks, which took a bit of a hit after Alan Greenspan's speech earlier yesterday, noting that cheese production across the midwest is down nearly 10% from this time last year. This is not a speech that most cheese analysts wanted to hear, seeing as how the market has been troubled over the course of the past few years by persistent rumors about a possible buyout by a conglomeration of CEO's in the milk industry, which could really affect the future of the cheese market. We're going to have to keep a close eye on this one.
And finally, the cola sector closed today down only .2 of a percentage point. No big surprises there. Thanks, and back to you, Chuck.
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