The Week In Review - 12/29/07
It’s been a busy week.
Former Pakistani Prime Minister Benazir Bhutto was assassinated after giving a speech at a rally with thousands of supporters present. Not only did this add a bit of instability to the world’s markets (particularly the Asian markets), it helped to drive oil prices closer to $100 a barrel.
Berkshire Hathaway’s (NYSE: BRK.A, BRK.B) Warren Buffett pulled his trigger and bought two companies, and is rumored to be building a third.
Apple (NASDAQ: AAPL) is planning on renting movies produced by 20th Century Fox through its’ iTunes media store early next year. Apple’s stock broke the $200/share mark, before retreating slightly.
Amazon.com (NASDAQ: AMZN) is going to sell MP3’s from Warner Music Group (NYSE: WMG) through its digital music store without copy protection.
Aaron Graves @ December 29, 2007