Tuesday, May 08, 2007

The! Biggest! News! of! the! Day! - Not Reuters Bid, Icahn's Failure or Ethanol Oversupply

Here are some of the contenders for today's biggest...news...of...the...day...

  • Talks between Reuters (RTRSY) and Thomson in a deal "to create the world's biggest news and financial data company"...
  • Belief that Carl Icahn failed to be elected to Motorola's (MOT) board...
  • A warning about an "oversupply" of Ethanol...
  • A look into the Fed meeting...
  • Suspicious options trading in Dow Jones (DJ) ahead of last week's bid from News Corp.(NWS)...
  • More chatter about Warren Buffett's potential buying spree...

While those are all stories worth watching, I think it is obviously clear that the biggest story is this - Birds on the roof? Try lion dung...according to the article, "Homeowners near a safari park in Britain have come up with a novel product for scaring away unwanted birds that are nesting on their roofs: the pungent-smelling feces of lions and tigers"...

So, if I understand the situation correctly, the good news is that you won't have birds nesting on your roof. The bad news is that you now have a home covered in "pungent-smelling" lion dung. I guess everyone's definition of a "win" is different...

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