Market Gawk

Qantas Airways said Sunday it considers a 10.8 billion Australian dollar takeover bid for the airline to have failed, after regulators refused to step in and save it.

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BOSTON (MarketWatch) — When investors discuss mutual funds and wonder ”What have you done for me lately?” their focus always centers on performance. But beyond the numbers, fund companies do a lot for consumers, providing education to make them better investors.

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His voice was hoarse. Most of his message was the same. Some jokes were retreads. If you’re among the 27,000 people who on Saturday attended Berkshire Hathaway Inc.’s annual meeting here, you may not mind when the speaker is Warren Buffett.

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SAN FRANCISCO (MarketWatch) — Harsh political campaigns can have a long-lasting aftermath when former opponents end up in situations where they must work together to pursue a common goal.

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SAN FRANCISCO (MarketWatch) — Spider-Man caught movie-goers in his web over the weekend, as ”Spider-Man 3” broke box office records by snaring an estimated $148 million in its first three days, according to studio estimates.

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PARIS (MarketWatch) — Conservative Nicolas Sarkozy, of the ruling UMP party, on Sunday won the elections to become France’s next president with 53% of the vote, according to the first exit polls Sunday. Socialist Segolene Royal garnered 47% of the vote.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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PARIS (MarketWatch) — The victory of conservative Nicolas Sarkozy in the French presidential elections on Sunday will likely bring about a shift in the foreign policy of the country, William Keylor, professor of international relations and history at Boston University and a specialist in French politics said. While Keylor noted that the election was fought on domestic issues, he said that Sarkozy would have a more pro-American stance and would like be willing to cooperate more with the U.S. Keylor added that Sarkozy seems to have a much more pro-Israel stance regarding the conflict in the Middle East than his predecessor Jacques Chirac. On the domestic front, he said it could be difficult for Sarkozy to carry out in-depth reforms of the pension systems and labor laws because of the opposition of the trade unions and the sensitive situation in the impoverished neighborhoods known as ‘banlieues.’ Finally Keylor cautioned that the parliamentary elections next month could also curtail the

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PARIS (MarketWatch) — Conservative Nicolas Sarkozy, in his first speech after he won the French presidential elections Sunday, urged his countrymen to unite around change and against intolerance. He made it clear that the country would be a strong partner for the U.S. but urged America, which he called a ‘friend,’ to lead the fight against climate change. He reiterated France’s commitment to Europe, saying he had been pro-European all his life but said the Europe Union must also pay attention to the fears of its member countries. ”France is back in Europe today,” he said. Sarkozy added that France would continue to fight for the rights of the oppressed, particularly women. Finally he called for the French to respect the ideas of defeated Socialist opponent Segolene Royal.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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LOUISVILLE, Ky. (MarketWatch) — ”He’s an incredible horse, believe you me.”

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Regulators were deciding whether a 10.8 billion Australian dollar private equity-backed bid for Qantas would get another chance, as criticism of the airline’s board mounted Sunday for what one shareholder group described as a fiasco.

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