Media Digest 11/13/2008 Reuters, WSJ, NYT, FT, Bloomberg
According to Reuters, Japan will supply money to the IMF. Reuters reports that Citigroup (C) is looking at buying Chevy Chase Bank. Reuters reports that the US may need to insure wholesale…
According to Reuters, Japan will supply money to the IMF. Reuters reports that Citigroup (C) is looking at buying Chevy Chase Bank. Reuters reports that the US may need to insure wholesale…
Over the last year, Google’s (GOOG) shares have dropped from $724.80 to just above $300. There is an argument to be made that they could go much lower, perhaps down to $250.…
Mobile search is supposed to be the next big thing on the internet. Now that PC users have pretty much decided what search service they want to use, the war is moving…
According to Reuters, Chrysler is running out of time and options for staying in business. Reuters reports that American Express (AXP) is seeking $3.5 billion from the government bailout fund. Reuters writes…
According to Reuters, China announced an economic stimulus package of almost $600 billion. Reuters reports that AIG (AIG) is about to get a new bailout from the US government which will be…
It may have occurred to Microsoft (MSFT) that Yahoo! (YHOO) is so badly wounded by its own poor management that a buyout of the portal company would be more trouble than it…
According to Reuters, the government is set to announced the country’s tenth straight month of jobs losses. Reuters reports that Chrysler is burning through it cash quickly and the company may have…
Now that Google (GOOG) has walked away from a deal to sell search advertising for Yahoo! (YHOO), the portal company has to come up with a way to replace all that money.…
According to Reuters, Europe prepared rate cuts as the economy their worsened. Reuters reports that the administration cleared the way for the car companies to get access to $25 billion in loans,…
Media reports are saying that Google (NASDAQ: GOOG) walking away from the Yahoo! (NASDAQ: YHOO) search pact is a bad development for Yahoo! and its shareholders. Do not fall for that trickery. …
According to Reuters, Obama won the race for US president Reuters reports that stock index futures were steady after the Obama win.
According to Reuters, Australia cut key interest rates. Reuters reports that a large Goldman Sachs (GS) fund lost $1 billion in the first ten months of the year. Reuters writes that the…
Once it became clear that The Department of Justice would take dim view of Google (GOOG) selling search advertising for Yahoo! (YHOO) under a 10-year partnership, it looked as though the proposed…
According to Reuters, South Korea launched a major economic stimulus package. Reuters reports that nearly 1,800 publicly held institutions could apply for U.S. government investments. Reuters reports that HBOS took an $8.5…
Google (GOOG) got Yahoo! (YHOO) into talks about a partnership as a cruel joke. It gave the portal company hope that it can increase its revenue though a joint sales venture, then…