News Digest 6/8/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: June 8, 2007 at 3:08 am

Reuters reports that PC companies including Sony (SNE) and Lenovo are building smaller and smaller laptops in the hope of tapping a new market.

Reuters writes that Qualcomm (QCOM) lost a ruling with the US International Trade Commision that will prevent certain cell phones from being imported into the US.

The Wall Street Journal writes that the push for a restructuring of Vodafone (VOD) shows that investors do not need to own a large portion of a company to pressure management.

The WSJ writes that Johnson & Johnson (JNJ) management tried to convince skeptical investors that its consumer and drug businesses are in for a period of rapid growth.

The New York Times writes that private equity interests bought Bioment (BMET) for $11.4 billion.

FT writes that Toyota (TM) will accelerate its manufacturing of hybrids as the models meet with great succes..

Barron’s writes that Netflix (NFLX) moved higher on rumors of a buy-out by Amazon (AMZN).

Douglas A. McIntyre

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