ETF Trends - Keeping a grip on exchange traded funds (ETFs) wrote an interesting post today on
Here’s a quick excerpt
http://www.bloomberg.com/apps/news?pid=20601103&sid=aHgEnZUKEeGY&refer=us
Dow Chemical Raises Prices, Paving Way for Hershey, Monsanto
Chris Burritt | May 29, 2008
Dow Chemical Co., the largest U.S. chemical maker, may not be the last to raise prices this year because of soaring raw materials costs.
Monsanto Co., Hershey Co., General Mills Inc. and Avery Dennison Corp. may follow suit, according to data compiled by Bloomberg. They’re among 11 companies in the Standard & Poor’s 500 Index that increased their so-called LIFO reserve, which captures rising inventory costs, by at least 20 percent over the past four quarters.
With oil and commodity prices at record highs, companies will be forced to pass on higher costs, analysts said after Dow Chemical announced yesterday it will raise prices by the most in its 111-year history. That will contribute to inflation, and may prompt the Federal Reserve to raise interest rates for the first time in four years.
“We are going to see a cascading […]

Read the rest of this great post here