Updates throughout the day. Update: Jeff Bewkes, CEO of Time-Warner (TWX) who says “Time, Inc. is not for sale.” (Atlantic First Draft of American History Conference) Update: John Paulson and Angelo Gordon may…
Updated throughout the day. Update: The rapidly falling dollar is causing Asian importers of small cars to lose money on most vehicles and will force European luxury auto companies to raise prices…
The economy is obviously getting better, so long as you are not one of the unemployed or about to lose your job. Now with more than a 50% rally from the March…
Strauss Zelnick, former record exec, and former WSJ publisher Gordon Crovitz will buy BusinessWeek, (MHP) which was yesterday rumored to be closing. (BW) Nokia (NOK) will buy travel social network Dopplr for $20…
Microsoft (MSFT) felt compelled to deny a rumor that it would buy Electronic Arts (ERTS) after shares in the game company rose over 7% on speculation of a deal. BusinessWeek had to…
Douglas A. McIntyre Nintendo has shipped more than 52 million Wii units worldwide since it was first launched in late 2006. That dwarfs the sales of its rival consoles the Microsoft (MSFT) Xbox 360 and…
Reuters: The young and affluent in China may become more active consumers. Reuters: The G20 is looking to nurture the recovery and add financial safeguards. Reuters: Taxpayers may never get back all…
PS3 sales are up 300% since Sony (SNE) cut prices on the devices by $100. PS3 sales have run behind those of the Microsoft (MSFT) Xbox 360 and Nintendo Wii since Sony…
Yahoo! (YHOO) will spend $100 million marketing itself to Internet users over the next 15 months. That is odd because there is probably in not a man, woman, or child who uses…
Reuters: A dispute over tires is making trade talks among G20 nations difficult. Reuters: Bank of America (BAC) will give Congress documents about Merrill. Reuters: Th G20 is looking at ways to…
The EU regulators who combat monopolistic practices have never been kind to Microsoft (MSFT). They have hounded the world’s largest software company for years, accusing it of bundling its browser into its…
Reuters: If China opens its financial markets it could cause a huge bubble. Reuters: US regulators may ban “flash” trading. Reuters: Buffett may control the Kraft (KFT) decision to buy Cadbury. Reuters: …
Omniture Inc. (NASDAQ: OMTR) seems like another niche ad-tech play that has gone on over the recent years, but it could possibly be much more. Adobe Systems, Inc. (NASDAQ: ADBE) gave a…
Reuters: China say data show the US tire tariffs are unfair. Reuters: A Fed policy debate has begun now that the recession is over. Reuters: The world’s wealth is down 11% and…
These are the top 10 analyst calls for upgrades and downgrades seen early this Monday morning from Wall Street research firms: Boston Scientific (BSX) Cut to Neutral at UBS. DreamWorks Animation (DWA)…
