peHUB Second Opinion 6.11

BP Stock is now a buy: Shares of BP, now subject to takeover and bankruptcy rumors, are up. And only a few companies, Shell, Exxon Mobil or Chevron, could take it on. So it’s a buy now.

Who wants Wendy’s: Shares of the fast food chain pop Friday on rumors that it could be taken over.

Sophisticated Investors not so smart: Investors of Merrill Lynch-issued CDOs claims they were bright enough to read the fine print.

A bad airline merger: A Denver Post columnist is “angry and bewildered” by the United/Continental merger.

A sad moment at the World Cup: The World Cup starts to much fanfare but Nelson Mandela, South Africa’s beloved leader, goes into mourning.