Media Digest 5/2/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
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…
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,…
According to Nasdaq data for the period ending April 15, short sellers moved aggressively out of tech shares. The figure compare with those posted on March 31. The short interest in Microsoft…
According to Reuters, two Chinese citizens have filed a $1.3 billion suit against CNN(TWX) for insulting the people in their country. Reuters reports that Honda’s net fell and that the company said…
Microsoft Corp. (NASDAQ: MSFT) just reported earnings after the close and the software giant posted $0.47 EPS on $14.45 Billion in revenues. First Call had estimates at $0.44 EPS on $14.5 Billion…
Microsoft Corp. (NASDAQ: MSFT) reports earnings after the close of trading today, and First Call has estimates at $0.44 EPS on $14.5 Billion in revenues. Ballmer-Gates & Co. is expected to post…
Based on estimates from the Chinese government, the most populated country in the world now has 221 million people online. That puts it even with the US. Of course, the market is…