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Daily Archives: June 3, 2008

Lehman (LEH): Another Financial CEO In Trouble (C)(MER)(WB)

Posted: June 3, 2008 at 5:07 am

After indicating that the worst was behind it, Lehman (LEH) may have to raise another $3.4 billion. That would be an indication that the brokerage will lose much more than ...
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Yahoo! (YHOO): The Enemy Of My Friend Is My Enemy? (MSFT)(GOOG)

Posted: June 3, 2008 at 4:53 am

“It's discouraging to think how many people are shocked by honesty and how few by deceit.”--Noel CowardWhen Yahoo! (YHOO) tried to run away from a buy-out offer from Microsoft (MSFT), ...
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As Fundamentals Fall Apart, XM (XMSR) And Sirius (SIRI) Face Bankruptcy

Posted: June 3, 2008 at 4:38 am

For those who have not noticed, Sirius (SIRI) and XM Satellite (XMSR) are trading near multi-year lows. That is odd since many investors believe that the FCC will approve their ...
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Wal-Mart (WMT) Sets Out To Kill The Newspaper Industry

Posted: June 3, 2008 at 4:27 am

Newspapers have been hit by so many arrows that it is a miracle that they are still standing. As internet ads have taken away much of their revenue and costs ...
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Media Digest 6/3/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: June 3, 2008 at 2:50 am

According to Reuters, Yahoo! (YHOO) rejected a tie up with Google (GOOG) before the Microsoft (MSFT) bid.Retuers writes that loses may force Lehman (LEH) to raise another $3.4 billion.Reuters reports ...
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Asia Market 6/3/2008 (HMC)(LFC)(CN)(SNP)

Posted: June 3, 2008 at 2:25 am

Markets in Asia were mostly lower.The Nikkei fell 1.6% to 14,209. Canon fell 2.3% to 5660. Honda (HMC) fell 3.3% to 3490.The Hang Seng dropped 1.8% to 24,374. China Life ...
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