Media Digest (5/12/2011) Reuters, WSJ, NYT, FT, Bloomberg
The government may stop the sale of $9 billion in AIG (NYSE: AIG) shares if it does not do well. (Reuters) Taketa may take over Nycomed for $14.2 billion. (Reuters) Cisco (NASDAQ:…
The government may stop the sale of $9 billion in AIG (NYSE: AIG) shares if it does not do well. (Reuters) Taketa may take over Nycomed for $14.2 billion. (Reuters) Cisco (NASDAQ:…
American International Group, Inc. (NYSE: AIG) is seeing a mixed reaction this morning to the news that the U.S. Treasury is set to sell about 300 million shares with an implied value…
China eased restrictions on US companies to give them access to supply the People’s Republic services and to sell mutual funds. (Reuters) Toyota’s (NYSE: TM) operating profit dropped 52% in the last…
Apple (NASDAQ: AAPL) moved past Google (NASDAQ: GOOG) as the world’s most valuable brand, according to research firm Millward Brown. (Reuters) New negotiations between China and the US seeks to reduce tensions…
We have a very busy week ahead for equity investors, even outside of earnings season. This coming week’s key events, what we call The Unusual Suspects, is non-earnings related and includes the…
Citigroup, Inc. (NYSE: C) is about to get a huge stock makeover. This is its last week as a stock in the single-dollar digits. At least that is what the world hopes. …
We have many rumors and developing issues in tech and beyond today. American International Group Inc. (NYSE: AIG) is having problems with its offering as regulators and investment bankers are at odds…
The drop in commodities may help rally the dollar (Reuters) The moderating growth of jobs claims is seen as a threat to the recovery (Reuters) A sharp drop in commodities prices hurt…
Harris Interactive came out with its new “Reputation Quotient” list. The research firm has conducted the study for 12 consecutive years. The poll is based on views about the “60 most visible…
A great deal of the most harsh business press is related to Warren Buffett companies and the Sokol insider trading scandal. The puts Berkshire Hathaway and Lubrizol on the list Allergan received…
This coming weekend will mark the one weekend that the hotels, retailers, and restaurants all look forward to in Omaha, Nebraska… Berkshire Hathaway Inc. (NYSE: BRK-A)(NYSE: BRK-B) has its much-anticipated shareholder meeting…
Apple (NASDAQ: AAPL) earnings surpassed expectations and the company said iPad 2 units were backlogged (Reuters) BP plc (NYSE: BP) sued Transocean (NYSE: RIG) for $40 to cover costs related to Deepwater…
Women continue to struggle for equal rights in the workplace. For at least two decades, they have earned 80% of the wages of men doing equivalent jobs. That should be a shock…
The ECB is likely to raise rates and more may come this year (Reuters) Portugal sought aid from the EU as its ability to raise money faltered (Reuters) A top M&A lawyer…
The SEC has a plan to lower market volatility (Reuters) A re-balancing of the Nasdaq 100 cuts Apple’s (NASDAQ: AAPL) influence on the index (Reuters) John Chambers, the head of Cisco (NASDAQ:…