Media Digest 12/17/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, the Fed may need to use a trillion dollars to halt the economy from moving into a period of deflation. Reuters reports that OPEC will make the largest production…
According to Reuters, the Fed may need to use a trillion dollars to halt the economy from moving into a period of deflation. Reuters reports that OPEC will make the largest production…
Putting advertising on social network websites like Facebook or News Corp (NWS) MySpace has never made sense. They claim to have tens of millions of "members", "users", "friends". Some of those people…
New data released by comScore shows that US internet users watched more than 15 billion videos last month. Almost 40% of those were watched on Google (GOOG) sites, most of them on…
According to Reuters, a bailout of US car companies gained support in Congress as GM (GM) and Chrysler said they needed money immediately to stay in business. Reuters reports that Merrill will…
24/7 Wall St. will name its annual CEO of the Year next week. The executive will be picked from a field of ten which we will profile this week. The CEOs are…
The New York Times Company (NYT) announced that it was cutting its dividend by 74% to $.06. That came after its revealed that its October advertising revenue fell over 16%. Internet sales…
Covering any part of the positives in this market has been literally as rewarding as jumping in the bear cage with the bears at the zoo. We have been refraining from doing…
With Jerry Yang out as Yahoo! (YHOO) CEO, what most of the board and many large shareholders want is for the portal company to be sold to Microsoft (MSFT). It may be…
The Walt Disney Co. (NYSE: DIS) is set to report earnings right at the close of trading today. The Thomson Reuters (First Call) estimates for the media giant and DJIA component are…
These are some of the many analyst downgrades we have seen on Wall Street this Thursday morning: Amazon.com (AMZN) Cut to Hold at Citigroup. Amdocs (DOX) Cut to Neutral at Baird. Berry…
According to Reuters, Europe prepared rate cuts as the economy their worsened. Reuters reports that the administration cleared the way for the car companies to get access to $25 billion in loans,…
These are some of the top pre-market analyst upgrades and downgrades we are seeing from Wall Street firms this Tuesday morning with more than two hours to the open: China Telecom (CHA)…
Almost every man, woman, and child in America knows that Yahoo! (YHOO) is going to have to cut costs. There has been evidence for sometime that internet display advertising, which has been…
GM (GM) Concerns that global car sales will fall again in 2009 and company will get short on money. Down to $5.22 from 52-week high of $43.20. News Corp (NWS) Weak ad…
According to Reuters, Bush called an emergency meeting of Congressional leaders to push through bank bailout legislation. Reuters reports that Goldman Sachs (GS) and Morgan Stanley (MS) are preparing to take advantage…