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SPDR S&P INTL STAPLE

  • ThaiBev Complicates Heineken’s Bid for F&N

    By Peter Pham - September 6, 2012 | Tickers: BUD, DEO, SPY, IPS

    ThaiBev, Thailand’s largest beverage alcohol company, owned by billionaire Charoen Sirivadhanabhakdi, revealed on Tuesday, August 28th that it has purchased another 2.6% stake for $252.4 million in Fraser & Neave (F&N) raising its stake to 29%.  Because of this, it is still possible for them to block Heineken’s bid F&N’s stake in Asia Pacific Breweries (APB).  Heineken already owns 42% of APB but more »

  • Dragons, Milk and a Baby Boom

    By Peter Pham - June 4, 2012 | Tickers: ABT, EWL, PFE, IPS

    While December 21st 2012 is supposedly the end of the Mayan calendar and with it the end of the world in some way, the Chinese who follow the Lunar Calendar know 2012 as the Year of the Dragon.  And since the Dragon years are considered the luckiest of years, it also means that Chinese couples spend a lot more time coupling with the purpose of having children born during more »