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Daily Archives: August 23, 2007

IAC’s Ticketmaster Loses Biggest Source Live Nation

Posted: August 23, 2007 at 7:13 am

From Silicon Valley Insider IAC's Ticketmaster said it doesn't expect to renew its contract with the world's biggest concert promoter Live Nation, Jeff Leeds of the New York Times reports.  ...
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Pre-Market Analyst Calls (August 23, 2007)

Posted: August 23, 2007 at 6:51 am

AIZ started as Outperform at Wachovia.BPA started as Buy at Oppenheimer.BR cut to Neutral at JPMorgan.CFC raised to Mkt Perform at Wachovia; raised to Mkt Perform at FBR.CN raised to ...
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Akamai, LimeLight, And Level 3: Is Internet Video Growth Slowing?

Posted: August 23, 2007 at 5:25 am

Shares in content delivery networks like Akamai (AKAM) and LimeLight (LLNW) have sold off sharply. So has the stock of internet infrastructure network Level 3 (LVLT).The market believes that fierce ...
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Europe Markets 8/23/2007

Posted: August 23, 2007 at 5:06 am

Markets in Europe were higher at 6.05 AM New York time.The FTSE rose 1.1% to 6,264. Barclays (BCS) rose 1.5% to 642.5. GlaxoSmithKline (GSK) rose 1.4% to 1305. The DAXX ...
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Sony: Can TV Save The PS3?

Posted: August 23, 2007 at 4:49 am

Sony (SNE) is launching a service in Europe that will allow users of its beleaguered PS3 to download TV shows and move them to the portable SNE PSP portable device. ...
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Facebooks’s Privacy Invasion

Posted: August 23, 2007 at 4:39 am

One of the board members at social network Facebook likes to walk around town saying that the company is worth $10 billion. Industry experts believe that the company will make ...
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Home Depot Supply Deal Falling Apart

Posted: August 23, 2007 at 4:28 am

The FT writes that Merrill Lynch, Lehman Brothers and JPMorgan are not happy about funding a deal to buy Home Depots (HD) wholesale supply business to private equity interests. Even ...
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Media Digest 8/23/2007 Reuters, WSJ, NYTimes, FT, Barron’s

Posted: August 23, 2007 at 3:08 am

According to Reuters, a group of California gas stations filed suit against Chevron (CVX), Saudi Aramco, and Royal Dutch Shell for price fixing. Reuters writes that Canon (CAJ) is spending ...
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Asia Markets 8/23/2007

Posted: August 23, 2007 at 2:43 am

Markets in Asia were up sharply.The Nikkei rose 2.6% to 16,316. Canon (CAJ) was up 5.9% to 6260. Sony (SNE) was up 2.8% to 5440. Toyota (TM) was up 2% ...
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