Shell Oil has made an offer to Barrett, ... I think they're going to have to make a higher offer to buy the company.
More Quotes from Hugh Johnson:
It's very clear that higher energy prices are now being passed along to consumers, and it's not difficult to do that when the economy is as strong as it is. This will put additional pressure on the Federal Reserve to continue to raise short-term interest rates.Hugh Johnson
It's very hard to make sweeping statements when it comes to technology.
Hugh Johnson
There is something valuable in the loss.
Hugh Johnson
Tomorrow, the market will probably continue upward driven by the dollar, but it won't go up much because of caution before the employment figures.
Hugh Johnson
Common sense alone says energy is not going to be the leader.
Hugh Johnson
Usually what happens is that it really reduces the appetite of investors to borrow money to buy stocks for years. Not months - years.
Hugh Johnson
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J. D. Salinger
Everything goes by the board: honor, pride, decency to get the book written.
William Faulkner
I don't think you can rely on Iran. I don't think you can rely on other radicals like the Taliban. They dispatched Al Qaida to bomb New York and Washington. What were they thinking? Were they that stupid? They weren't stupid. There is an irrationality there, and there is madness in this method.
Benjamin Netanyahu