According to Reuters, billionaire Ron Burkle is talking with unions at Dow Jones (DJ) about making a bid for the company.
Reuters writes that shares of Anheuser-Busch (BUD) hit an all-time high based on a report that Pershing Capital might work to break the company into pieces.
Reuters reports that the Nintendo Wii outsold the Sony (SNE) Playstation 3 last month in Japan by a factor of five to one.
The Wall Street Journal reports that Wal-Mart (WMT) will add more non-banking financial services and admits that it will not receive a bank charter anytime soon.
The WSJ writes that EBay (EBAY) has set up an auction system to buy radio advertising time.
The New York Times writes that Time Warner (TWX) unit HBO elevated its COO to run the company.
FT reports that Wal-Mart (WMT) will launch a payment card targeting 80 million people.
Barron’s reports that shares of Smith & Wesson will continue to outperform the market as its fundamentals continue to improve.
Douglas A. Mcintyre