3:06pm ET
Media
GE-Comcast Terms Done on NBC Universal (GE, CMCSA)
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.
GE Coverage Page 128
3:59am ET
Media
Media Digest 12/1/2009 Reuters, WSJ, NY Times, FT, Bloomberg
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…
8:02pm ET
Media
Today’s Best Market Rumor: GE (GE) Has Deal To Clear NBCU Transaction
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…
5:02am ET
Media
Media Digest 11/26/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
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: …
9:07am ET
Investing
Today’s Best Market Rumors (11/25/2009) (GE)(AAPL)
Updated throughout the day Calpers has launched an investigation of its own oversight practices (LA Times) Hedge fund assets may rebound to pre-crisis levels (Reuters) GE’s (NYSE:GE) stock price is about to take…
12:27pm ET
Industrials
Options & Future Only Highlight Positive GE Research Call (GE)
General Electric Co. (NYSE: GE) has seen at least some decent trading action today, despite the softness in the market. The stock was reaffirmed as “Overweight” at JPMorgan, but the research call…
Douglas A. McIntyre 9:06am ET
Investing
Today’s Best Market Rumors (11/24/2009) (FRE)(PALM)
Updated throughout the day. Playboy (NYSE:PLA) may outsource many of its publishing operations. (WSJ) Cadbury (NYSE:CBY) may counter the Kraft (NYSE:KFT) big by making an offer for Kraft’s confectionery business. (NYPost) Palm (NASDAQ:PALM) board…
Douglas A. McIntyre 11:34am ET
Industrials
It Looks More Likely GE (GE) May Keep NBCU, Force Job Cuts
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…
9:01am ET
Investing
Today’s Best Market Rumors (11/20/2009) (GS)(JAVA)
Updated throughout the day. GE (NYSE:GE) and Vivendi are at odds over the NBCU valuation (FT) IBM (NYSE:IBM) is taking advantage of the delay in the Sun (NASDAQ:JAVA) deal to be bought by Oracle…
5:23am ET
Media
Vivendi Disputes Value Of GE’s (GE) NBCU Business
The much-anticipated deal for Comcast (NASDAQ:CMCSA) to take control of the NBC Universal division of GE (NYSE:GE) may die next week . Vivendi, which owns 20% of NBCU, believes that the entertainment and news company…
3:56am ET
Media
Media Digest 11/20/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: The Senate is near its first vote on healthcare. Reuters: Dell (NASDAQ:DELL) is betting on corporate spending for its recovery. Reuters: Time Warner’s (NYSE:TWX) AOL showed that the worst is not…
8:59am ET
Investing
The More Focused, and More Opaque, Buffett & Berkshire Hathaway (BRK-A, BRK-B, BNI, UNP, NSC, GS, GE, TIF, HOG, WMT, COP, XOM, WFC, RSG, DOW, ETN, WBC, MCO, WLP, UNH, GSK, SNY, GCI, WPO)
This was an important week for investment guru and billionaire watchers to see which gurus were holding which stocks. The full public equity holdings of Warren Buffett via Berkshire Hathaway Inc. (NYSE:…
6:00am ET
Industrials
GE (GE) Waves Goodbye To A Strong 2010 Performance
John Rice, chief executive of GE’s technology infrastructure division, told Reuters that he expects results at his business to be weak in 2010. “We’re not expecting a significant growth rate next year,” he…
Douglas A. McIntyre 4:04am ET
Media
Media Digest 11/19/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: Senate Democrats unveiled their healthcare plan. Reuters: Hedge fund manage Griffin has rebounded from losses. Reuters: GM must pay its debt and become profitable before an IPO. Reuters: Kraft (NYSE:KFT) is…
5:06am ET
Banking, finance, and taxes
$1 Salary For Pandit: Citigroup Gets What It Paid For
The most charitable thing that can be said about Vikram Pandit, the CEO of Citigroup (NYSE:C) since December 11. 2007, is that he was in the wrong place at the wrong time. The bank’s…