Media Digest (12/20/2011) Reuters, WSJ, NYT, FT
AT&T (NYSE: T) gives up on its effort to buy T-Mobile. (Reuters) Apple (NASDAQ: AAPL) wins a patent case over HTC in the smartphone wars. (Reuters) Olympus will sell shares to Sony…
AT&T (NYSE: T) gives up on its effort to buy T-Mobile. (Reuters) Apple (NASDAQ: AAPL) wins a patent case over HTC in the smartphone wars. (Reuters) Olympus will sell shares to Sony…
German conglomerate Siemens AG (NYSE: SI) recently formed a new division, Siemens Government Technologies, to focus on sales to the US government. The new division now has a new chairman, retired US…
The US House-Senate budget reduction committee, or the ‘super committee’, that is charged with recommending $1.5 trillion in budget cuts over the next 10 years has just another 10 days to deliver…
Wednesday was a major day for dividend hikes. We saw higher dividends and higher distributions from the following: AFLAC Inc. (NYSE: AFL); Atlas Pipeline Partners LP (NYSE: APL); Barrick Gold Corporation (NYSE: ABX); Holly Energy…
It’s that time of year again, when proxies are released and many business publications run lists of the highest paid CEOs at America’s large public companies. The compensation figures are extraordinarily high,…
This was no good week for stocks even if the markets have bounced off the lows numerous times on Friday. The low of the DJIA on Friday morning of 10,638 was down…
Yahoo! (NASDAQ: YHOO) CEO Carol Bartz fired over the phone. (Reuters) Obama may propose a $300 billion employment package with tax cuts and new expenditures to train workers. (Reuters) Pressure increases on…
Bank of America (NYSE: BAC), JPMorgan Chase (NYSE: JPM), Wells Fargo (NYSE: WFC) and Citigroup (NYSE: C) may settle charges made by several states over “robo-signing” practices. (FT) Lockheed Martin (NYSE: LMT)…
The pace of stock buyback announcements in the month of August was almost unbelievable. The pace was stronger at the start of the month when earnings were still coming in droves, but…
Financial markets have been reeling as investors grow more concerned about the economy: An S&P downgrade of the full faith and credit of the United States, dismal GDP data, and ongoing weak…
The price of austerity has begun to hurt local and state government employment again. The trend is the continuation of one that started three years ago as a sharp drop in tax…
The site FoxNewsPolitics.com, part of the online presence of the huge Fox and Fox News online presences was hacked. Malicious tweets said President Obama had been killed. Obama is actually safe on…
Strauss-Kahn may be released because of fraudulent charges (NYT) Geithner may retire as Treasury Secretary (Reuters) The Fed Bullard said QE2 was similar to more rate cuts (Reuters) Lockheed Martin (NYSE: LMT)…
Microsoft (NASDAQ: MSFT) launched its new cloud product, Office 365. Many of the business clients of the world’s largest software company no longer want Office to run on their PCs and servers.…
In the 1990s, Kevin Mitnick was the most wanted cyber-criminal in the world. These days, Mitnick is wanted for another reason — his expertise. Demand for Mitnick’s services as security consultant —…