In Business and Financial News:
Different Buyer, Different Suit…
First, Jos A. Bank wanted to buy Men’s Wearhouse and was turned down flat. Now the tables have turned and Men’s Wearhouse (MW) has offered to buy Jos. A Bank (JOSB) for $1.5 billion or $55.00 a share. Men’s Wearhouse director Bill Sechrest said in a statement that the acquisition has strategic logic and would benefit its shareholders, workers and customers.
The New York Stock Exchange is losing another top executive: Larry Leibowitz. Larry is the guy known around Wall Street as the chief operating officer of stock exchange parent NYSE Euronext, and everywhere else as the brother of “Daily Show” host Jon Stewart. NYSE Euronext was bought this month by rival from Intercontinental Exchange Group Inc. Leibowitz, is one of several top executives leaving the company for green pastures after the merger is completed. He will leave the combined company at the end of the year. Hmmm Jon Stewart might have a new sidekick on his show????
In The Markets:
Asian markets were mixed on Wednesday. Chinese markets (Hang Seng and Shanghai Composite) were higher on continued hopes of financial reforms, while the Nikkei (Japan) was down as investors took profits.
European shares fell on Tuesday after data from the U.S. painted a mix picture of the economy.
US markets closed higher on Tuesday despite lower than expected November consumer confidence number. DJIA: 16073.63 +1.09 NASDAQ: +23.18 4017.75 S&P 500: +0.40 1802.88
In Dinner or Drink:
• 2 tablespoons olive oil
• 1 cup chopped yellow onion (1 onion)
• 2 garlic cloves, minced
• 1 1/2 pounds sweet Italian turkey sausage, casings removed
• 1 (28-ounce) can crushed tomatoes in tomato puree
• 1 (6-ounce) can tomato paste
• 1/4 cup chopped fresh flat-leaf parsley, divided
• 1/2 cup chopped fresh basil leaves
• 2 teaspoons kosher salt
• 3/4 teaspoon freshly ground black pepper
• 1/2 pound lasagna noodles
• 15 ounces ricotta cheese
• 3 to 4 ounces creamy goat cheese, crumbled
• 1 cup grated Parmesan, plus 1/4 cup for sprinkling
• 1 extra-large egg, lightly beaten
• 1 pound fresh mozzarella, thinly sliced
Preheat the oven to 400 degrees F.
Heat the olive oil in a large (10 to 12-inch) skillet. Add the onion and cook for 5 minutes over medium-low heat, until translucent. Add the garlic and cook for 1 more minute. Add the sausage and cook over medium-low heat, breaking it up with a fork, for 8 to 10 minutes, or until no longer pink. Add the tomatoes, tomato paste, 2 tablespoons of the parsley, the basil, 1 1/2 teaspoons of the salt, and 1/2 teaspoon pepper. Simmer, uncovered, over medium-low heat, for 15 to 20 minutes, until thickened.
Meanwhile, fill a large bowl with the hottest tap water. Add the noodles and allow them to sit in the water for 20 minutes. Drain.
In a medium bowl, combine the ricotta, goat cheese, 1 cup of Parmesan, the egg, the remaining 2 tablespoons of parsley, remaining 1/2 teaspoon salt, and 1/4 teaspoon pepper. Set aside.
Ladle 1/3 of the sauce into a 9 by 12 by 2-inch rectangular baking dish, spreading the sauce over the bottom of the dish. Then add the layers as follows: half the pasta, half the mozzarella, half the ricotta, and one 1/3 of the sauce. Add the rest of the pasta, mozzarella, ricotta, and finally, sauce. Sprinkle with 1/4 cup of Parmesan. Bake for 30 minutes, until the sauce is bubbling.
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From our family to yours we wish you a wonderful Thanksgiving!