“Certainly greed has something to do with it… one offer was 4x higher in cash than the best offer here… I couldn’t rationalize not selling him overseas.”
-J. Paul Reddam, owner of “I’ll Have Another”
— Below the winner of the Kentucky Derby and the Preakness is heading to Japan for $10 million.
Market Musings WithCNBCMarket Guru Robert Hum
Bonus “Look-Ahead” Musing: A good “case of the Tuesdays” for stocks: Dow has risen in each of the past 6 Tuesdays, S&P up 7 straight Tuesdays.
The Word on the Street Tonight
Alcoa Kicks Off Earnings Season With a Slight Beat /CNBC.com w/ AP: “Alcoa reported quarterly earnings and revenue that beat Wall Street's expectations on Monday, but its shares wavered in extended-hours trading. Following the release, the largest U.S. aluminum producer's shares initially rose but last traded flat.”
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