Media Digest 10/4/2007 Reuters, WSJ, NYTimes, FT, Barron’s
According to Reuters, the four largest players in global financial markets have grown at a breakneck pace in the last six years, and the assets they manage are expected to double to…
According to Reuters, the four largest players in global financial markets have grown at a breakneck pace in the last six years, and the assets they manage are expected to double to…
Sprint Nextel (S) CEO Gary Forsee may be lingering in his office these days. Heading outside could be dangerous. Relational Investors LLC, which owns almost 2% of Sprint’s shares, is being less…
You have to love marketing guys. They’re they best. Over at Verizon Wireless they’re over the top. Describing a new Apple (AAPL) iPhone knock-off from LG,, Verizon Wireless Chief Marketing Officer Mike…
There is word from The Wall Street Journal that Nokia (NOK) is in negotiations to buy Navteq (NVT), a navigation software company. The paper describes the company "as is one of the…
Telecom was supposed to be a business that time had passed by. VoIP, cable, and wireless internet technology like city-wide WiFi was going to bury the phone companies. But, last week AT&T…
Unlike Yahoo! (YHOO) in the US, Yahoo! Japan shares are in the middle of their 52-week trading range. And, the Yahoo! sites lead all others in terms of total unique visitors, According…
According to Reuters, Goldman Sachs (GS) offered $1.5 billion for reinsurance broker Benfield Reuters writes that Alan Greenspan thinks the chance of a US recession is still below 50/50. Reuters reports that…
Today’s rally in shares of EchoStar Communications (NASDAQ:DISH) can probably hold its thanks to TheStreet.com putting out an article and video noting that AT&T (NYSE:T) may be closer to acquiring the satellite…
Comcast (CMCSA), the nation’s largest cable company, hit a 52-week low today at $23.13. AT&T (T) and Verizon (VZ) are within pennies of their annual highs. It was not supposed to work…
Recent comments from Comcast (CMCSA)t about the emerging strength of high speed fiber products being sold by Verizon (VZ) and AT&T (T) has pushed the shares of the largest US cable company…
Nokia (NOK) is launching a new phone on which "users can make calls over the Internet when they are in range of an unlicensed wireless network, such as Bluetooth or Wi-Fi," according…
On tonight’s MAD MONEY on CNBC, Jim Cramer said it isn’t too late to get in after the post-FOMC rally seen over the last two days. He thinks this is like the…
Deutsche Telekom (DT) is buying SunCom Wireless (TPC) for $1.6 billion. The German phone giant will pay $27 a share. TPC stock closed at $22 on Friday. SunCom has one million customers…
24/7 Wall St. mentioned a few days ago that Level 3 (LVLT) has traded off sharply this year, probably due to its huge level of junk debt. The company has been able…
Sprint (S) has come up with an unusually clever new business. It has set up deals with 30 retailers to allow customers to compare and buy nearly seven million products over phones…