Media

Media Digest 1/26/2007 Reuters, WSJ, NYTimes, Barron's, FT

According to Reuters, Microsoft (MSFT) net revenue beat Wall St. forecasts lead by sales of server software and Xbox game consoles.

Reuters writes that the New York Stock Exchange (NYX) will release details on its link-up with the Tokyo Stock Exchange as early as next week.

Reuters writes that the Bank of China is looking for acquisitions overseas to strengthen its product mix.

The Wall Street Journal reports that AT&T’s (T) roll-out of a new TV service is being slowed by problems with the Microsoft (MSFT) software that operates the system.

The New York Times writes that Amgen (AMGN) said its "anemia drug Aranesp increased the risk of death when used to treat certain cancer patients".

The New York Times writes that Wal-Mart (WMT) has settled a US suit involving the company’s overtime practices.

Barron’s reports that Diamond Offshore (DO) is especially attractive among oil-field services companies because of its large dividend.

FT reports that Blackstone has raised its bid for real estate company EOP to $38.3 billion.

Douglas A. McIntyre

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