Media Digest 12/27/2007
According to Reuters, housing prices had a record annual drop. Reuters writes that Sallie Mae (SLM) will raise $2.5 billion using stock and convertible notes. Reuters writes that Joseph Lewis has increased…
According to Reuters, housing prices had a record annual drop. Reuters writes that Sallie Mae (SLM) will raise $2.5 billion using stock and convertible notes. Reuters writes that Joseph Lewis has increased…
According to Reuters, Berkshire Hathaway (BRK) has bought control of Marmon Industries for $4.5 billion. Reuters writes that US retail sales were up a disappointing 3.6% for the holidays. Reuters reports that…
comScore data from November showed that total online searches done in the US declined 4.7% compared to October. The figure fell to just over 10 billion. With one fewer day in the…
According to TechCrunch and Bloomberg, Google (GOOG) will get approval for its Doubleclick acquisition before Christmas. The deal has been held up over antitrust concerns. It will make the holiday unpleasant for…
If there has been a disappointing return of a tech and web giant it has been that of Yahoo! (NASDAQ:YHOO). We aren’t calling for any new fresh management axes or anything like…
Microsoft (MSFT) got a very nice boost to its online advertising strategy. The company formed a partnership with Viacom (VIA). Under the terms, Microsoft will run certain long form and short video…
Below is a summary of many of the top headlines and news bits from individual stocks affecting share prices in pre-market trading this Wednesday: Actuant (ATU) $0.52 EPS vs $0.48 estimate. ADC…
Google’s (GOOG) new Android software system for cell phones was supposed to usher in an era of consumer choice. Handsets would become open and their functions would no longer be controlled by…
According to Reuters, Philips plans to buy-back $7.2 billion in shares. The Wall Street Journal writes that former Treasury Secretary Lawrence Summers believe that the government should put together a $75 billion…
Research group NPD reported that 73% of Americans have never heard of Google (GOOG) Docs, the online tools that are meant to challenge Microsoft (MSFT) in the word processing and spreadsheet businesses.…
Most manufacturing has gone out of the US. TVs, cars, steel. What is left? Boeing (BA) and a service and technology economy. Companies like McDonald’s (MCD) can’t export cooking hamburgers and staffing…
On tonight’s MAD MONEY on CNBC, Jim Cramer was discussing an opportunity he sees in Argentina-based Mercadolibre, Inc. (NASDAQ:MELI). Cramer likes the model. It hosts an online trading platform in Latin America…
The NASDAQ has issued its short interest report for month-end reading for November, and out of the "New Four Horsemen of Tech" it appears that Google was the only one who saw…
Google (GOOG) to no one’s surprise, keeps expanding its share of the US search market. November numbers from Hitwise put the company’s piece of the pie at 65.1%, up from 61.8% a…
Google (GOOG) is challenging Apple (AAPL) to a cyber-duel. Google will make software that will work on the iPhone. The product will offer a "new interface that provides iPhone users with a…