Media Digest 5/5/2008 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters. Warren Buffett says that US is in a recession and large banks will face more pain. Reuters writes that Yahoo! (YHOO) may face lawsuits after rejecting an offer from…
According to Reuters. Warren Buffett says that US is in a recession and large banks will face more pain. Reuters writes that Yahoo! (YHOO) may face lawsuits after rejecting an offer from…
It’s official. At 7:56 PM Saturday night, Steve Ballmer of Microsoft (NASDAQ: MSFT) officially threw in the towel in its bid to acquire Yahoo! Inc. (NASDAQ: YHOO). Now that the details are…
According to several sources, Microsoft (MSFT) has dropped its offer to buy Yahoo! (YHOO). The Wall Street Journal writes that "Microsoft said it had increased its offer to $33 a share, but…
Trying to make sense of all the rumors about Microsoft (MSFT) buying Yahoo! (YHOO) and Yahoo! making a search deal with Google (GOOG) is senseless.. Only three or four people are actually…
As hard as it may be to believe, the Dow is withing 200 points of where it was a year ago, and above where it was last August. There is now plenty…
According to Reuters, the CEO of Microsoft (MSFT) says that the company is close to its next move in its attempted takeover of Yahoo! (YHOO). Reuters reports that Wal-Mart (WMT) will use…
With a recession in full swing, Microsoft (MSFT), Sony (SNE), and Nintendo may have to cut the prices of the Xbox 360, Wii, and PS3. At least that is what the head…
According to Reuters, bank analysts are concerned that Citigroup’s (C) decision to raise money signals more trouble ahead for banks. Reuters reports that Starbucks (SBUX) will sharply cut the number of stories…
Microsoft (MSFT) may decide to pay $1.5 billion in payments to retain key employees at Yahoo!. (YHOO). According to Reuters "The $1.5 billion figure was discussed in a communication between the general…
According to Reuters, the Fed will probably cut rates and them pause for some time Reuters writes that senior financiers see the current economic situation as a recession on Main Street and …
The company which builds a large portion of the world’s PCs is raising its estimates for the number of units it will build this year. Taiwan-based Quanta Computer, has raised its shipping…
Take-Two Interactive (TTWO), M&A prey of Electronic Arts (ERTS) will launch its wildly anticipated game "Grand Theft Auto IV" today. The paeon of bad taste, violence, and sexual lust may set records…
According to Reuters, oil price moved toward $120 on fear for supply interruptions. Reuters writes that Chrysler is trying to sell two of its North American plants. Reuters reports that many Wall…
19 to 3. That is the line-up of Wall St. analysts who think Microsoft (MSFT) will make a hostile bid for Yahoo! (YHOO) compared to those who think the companies will peacefully…
Analysts hung crepe for hours after Microsoft (MSFT) announced it quarterly results. Revenue did not grow enough and earnings were light. Sales were actually down at the company’s three huge divisions: client,…