News Corp’s (NYSE: NWS) MySpace social network which has about 110 million registered users is near a deal to offer music downloads. Instead of members paying for songs, they will be advertising…
According to Reuters, ING took a Q4 impairment at the low end of expectations. Reuters writes that KKR Financial Holdings has delayed debt payments on loans backed by mortgge-related securities. Reuters writes…
Joining the contest to see who will own Yahoo! (NASDAQ: YHOO), Time Warner’s (NYE: TWX) AOL has entered the fray competing with News Corp (NYSE: NWS) as a company which is intense…
According to Reuters, Yahoo! (YHOO) is in talks with News Corp (NWS) about an M&A deal but analysts say it is unlikely to work. Reuters writes that Paulson thinks the US economy…
Google (GOOG) always had a problem trying to keep Yahoo! (YHOO) out of the hands of Microsoft (MSFT). The No.1 and No.2 search engine firms would have had 80% of the US…
Either media companies live in a world all their own or a recession is not just around the corner. Results from Disney (NYSE: DIS) were especially good. Disney is a good indicator…
A look at News Corp (NWS) earnings shows that the "other" revenue and profit line, which is mostly its online service MySpace, only had an operating profit of $23 million. MySpace is…
According to Reuters, Microsoft (MSFT) would borrow some of the money for a purchase of Yahoo! (YHOO). Reuters writes that Toyota’s (TM) net grew 7.5% on emerging market growth. Reuters writes that…
NEWS CORP (NYSE: NWS, NWS-A) has just posted earnings of $832 million or $0.27 EPS. Its consolidated operating income for the second quarter was $1.4 billion was up 24% versus the $1.1…
News Corp (NWS) would probably love to own Yahoo! (YHOO). In December, in the US, Murdoch’s online properties had 81,8 million unique visitors. Most of that is due to MySpace. Yahoo! had…
On Monday afternoon, we’ll get to see earnings out of NEWS CORP (NYSE:NWS). The estimates from First Call for Rupert Murdoch’s now even larger media empire appear to be $0.27 EPS on…
Douglas A. McIntyre Google (GOOG) joined the list of big online companies that disappointed just about everyone with its earnings. Revenue rose 51 percent to $4.827 billion. That just wasn’t enough. Google’s share will probably…
According to Reuters, the Fed is set to cut rates again to avoid a recession. Reuters writes that UBS (UBS) subprime losses increased driving the bank further into the red. Reuters reports…
Firestone. American Motors. Texaco. Pan Am. Worldcom. At one point or another these large American companies were at the top of their industries. Pan Am was the leading global airline for decades.…
The big US companies with the weakest prospects have sold off by as much as 50% over the few months. But, because some of them have powerful brands, large customer bases, and…