If any company has the chance to take on the Apple (AAPL) iTunes/iPod franchise it is Nokia (NOK). It has started its own music store and recently signed up Warner ... Read Full Story »
According to Reuters, global companies may start to issue profit warnings as business slows overseas.Reuters reports that InBev is sticking to it offer to buy Anheuser-Bush (BUD).Reuters reports that Chrysler ... Read Full Story »
Perhaps Steve Jobs has a relative as The Justice Department. The four largest music labels including Warner Music (WMG), Universal, and BMG want to band together and start a music ... Read Full Story »
More than one media source claims that Apple (AAPL) will team up with Jay-Z, former president of Def Jam Records, to start its own record label. It seems the "Beatles" ... Read Full Story »
According to Reuters, a fire closed most of the oil pipeline between the US and Canada.Reuters writes that the head of VW said the the Russian car market would eventually ... Read Full Story »
According to Reuters, Toyota (TM) and GM (GM) gained sales in October despite a weak US car market.Reuters writes that News Corp's (NWS) MySpace joined the new Google (GOOG) association ... Read Full Story »
According to Reuters, several retailers cut holiday forecasts and the economy slows.Reuters writes that Chrysler has reached an accord with the UAW.Reuters reports that Boeing (BA) has delayed delivery of ... Read Full Story »
It appears that pop star Madonna is leaving Warner Music Group (WMG) for concert promoter Live Nation (LYV). The price tag is $120 million for 10 years. Live Nation will ... Read Full Story »
Now that results for the first half of the year are out, 24/7 Wall St. is revisiting its features on companies that management cannot fix. These firms have lost the ... Read Full Story »
ACLS raised to Equal Weitght at Lehman.AEG cut to Peer Perform at Bear Stearns.ALXN cut to Neutral at Credit Suisse.CSC raised to Hold at Jefferies.CSCO raised to Outperform at Bear ... Read Full Story »
From Silicon Alley InsiderEdgar Bronfman, Tom Lee, Bain Capital and every other Warner Music shareholder will likely want to send a thank you note to EMI Music Group today, for ... Read Full Story »
According to Reuters, the board of Dow Jones (DJ) has approved a $5 billion offer from News Corp (NWS).Reuters writes that British Imperial Tobacco has agreed to buy rival firm ... Read Full Story »
The record industry is being destroyed by a combination of cheap digital downloads and falling CD sales. Apple's (AAPL) iTune operation is now the third largest seller of music in ... Read Full Story »
Apple's (AAPL) position as a seller of music improves as each day passes. According to The Associate press, the online music store has passed Target (TGT) and Amazon (AMZN) both ... Read Full Story »
Wachovia (WB) Even big banks get hurt when the market falls. $51.84 down from 52-week high of $58.80.McClatchy Newspapers (MNI) Worse for newspaper stocks almost every day. Down to $24.87 ... Read Full Story »