Most of old media is being slowly euthanized by the shift in the way consumers get content since the beginning of the recession. Magazines, newspapers, and radio are at the top of list of sectors that are…
Reuters: US business investment is rising. Reuters: Another outage shut down RIM’s (NYSE:RIMM) BlackBerry network. Reuters: Geithner said tight lending could hurt US economy. Reuters: Microsoft (NASDAQ:MSFT) lost an appeal over IP…
Stephen Burke, the 51-year-old president of Comcast (NASDAQ:CMCSA), has to be the new lead choice to become CEO of Berkshire Hathaway (NYSE:BRK.A) when Warren Buffett retires or dies. Burke was added to the…
Apple (NASDAQ:AAPL) needs to follow-up its success in the computer, portable multimedia player, and handset businesses to keep its revenue momentum and relationship with Wall St. Analysts believe the Apple’s next important…
Reuters: Galleon’s Raj Rajaratnam was indicted for securities fraud. Reuters: Concerns about interest rates hurt the markets. Reuters: Inconix broke off buyout talks with Playboy (NYSE:PLA). Reuters: Credit Suisse (NYSE:CS) settled a US…
Reuters: Goldman Sachs (NYSE:GS) may make bonus payments in stock. Reuters: China is worried about sticking to dollar deposits. Reuters: A well-known economist says housing will continue to fall. Reuters: Bank of…
No one would be surprised to see Sumner Redstone, the 86-year-old head of Viacom (NYSE:VIA), and Jeff Bewkes, CEO of Time Warner (NYSE:TWX), wearing disguises to their private meetings in coffee shops around…
Updated throughout the day. Updated 1.17 PM EST: Apple (NASDAQ:AAPL) may sign up Sprint (NYSE:S) and T-Mobile to market the iPhone in the US (Barron’s) Updated 11.29 PM EST: Huntsman (NYSE:HUN) may…
GE (NYSE:GE) will pick up close to $8 billion in net cash as part of its deal to pass a majority interest in its NBCU unit to Comcast (NASDAQ:CMCSA)leaving the conglomerate with 49%. GE has not…
Reuters: Affluent borrowers are being made credit card offers. Most other people are rarely solicited. Reuters: Bank of America (NYSE:BAC) will repay $45 billion in TARP funds. Reuters: AMR (NYSE:AMR) and TPG have offered…
CNBC’s David Faber just reported that the NBC Universal deal terms between General Electric Co. (NYSE: GE) and Comcast Corporation (NASDAQ: CMCSA) are about to be signed.
Reuters: A $25 billion debt plan for Dubai World helped calm markets. Reuters: GE (NASDAQ:GE) and Vivendi agreed to value NBCU at a price which gives the French company $5.8 billion for…
Several news media outlets are reporting that GE (NYSE:GE) has a deal to buy the 20% of NBC Universal that Vivendi owns for $5.8 billion. This will clear the way for GE…
Reuters: Saab’s failure to be bought shows that Chinese companies are having trouble moving into Western markets through M&A. Reuters: AIG (NYSE:AIG) and former CEO Greenberg settled legal issues between them. Reuters: …
With the passing of each hour, there are more media reports that talks between GE (NYSE:GE) and Vivendi for the French company to sell its 20% of NBCU to the American conglomerate have moved closer…
