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Buffett Buys Newspapers

Warren Buffett surprised investors when he said Berkshire Hathaway (NYSE: BRK-A) may buy more newspapers. It already owns the daily in Buffalo and recently bought the paper in Omaha, which is where his conglomerate…

Douglas A. McIntyre · 14 years ago

Media Digest (5/7/2012) Reuters, WSJ, NY Times, FT

Voters in Greece and France turn away from German austerity measures set for the region’s weakest nations. (Reuters) AT&T (NYSE: T) moves into the home monitoring market. (Reuters) Ally Financial falls back into financial…

Douglas A. McIntyre · 14 years ago

Dish, AMC Squabble Heats Up (DISH, AMCX, CVC)

Subscribers to satellite TV service Dish Networks Inc. (NASDAQ: DISH) may no longer be able to enjoy such hit programming as “Mad Men,” “Breaking Bad,” and “The Walking Dead” due to a renewed battle…

Paul Ausick · 14 years ago

Media Digest (5/4/2012) Reuters, WSJ, NYT, FT, Bloomberg

Facebook sets its IPO to raise more than $10 billion. (Reuters) The California State Teachers’ Retirement System (CalSTRS) files suit against Walmart (NYSE: WMT) over bribery allegations in Mexico. (Reuters) Greek elections could reverse…

Douglas A. McIntyre · 14 years ago

What The Street Tells About the Future of Online News

Jim Cramer, one of the founders of The Street (NASDAQ: TST), recently said the company is in turmoil. The firm, best known for its online financial site, has just replaced its CEO and its…

Douglas A. McIntyre · 14 years ago

Media Digest (5/3/2012) Reuters, WSJ, FT, Bloomberg

The European Central Bank will not act to help growth in the region, but it will seek solutions to Spain’s problems. (Reuters) Nokia (NYSE: NOK) promises to build new handsets to stimulate demand. (Reuters)…

Douglas A. McIntyre · 14 years ago

Comcast: The Broadband Battle is Starting to Heat Up

Comcast Corp. (NASDAQ: CMCSA) reported first quarter earnings this morning that were better than analysts expectations, but a drop in video subscribers and a smaller-than-expected gain in voice subscribers are weighing on the stock.…

Paul Ausick · 14 years ago

Media Digest (5/2/2012) Reuters, WSJ, NYT, FT

Moody’s warns that Japan’s finances will be hurt if it cannot get acceptance of a new sales tax. (Reuters) New Chinese factory data indicate that the industry’s activity may have bottomed. (Reuters) Chesapeake Energy…

Douglas A. McIntyre · 14 years ago

Can Microsoft Save Cursed Barnes & Noble? No

Microsoft’s (NASDAQ: MSFT) decision to invest in the e-commerce arm of Barnes & Noble (NYSE: BKS) will do nearly nothing for the bricks-and-mortar book company. The challenge the two companies face has little to…

Douglas A. McIntyre · 14 years ago

Media Digest (5/1/2012) Reuters, WSJ, NYT, FT

China’s PMI rises to a 13-month high. (Reuters) BP (NYSE: BP) profits fall as it sells some assets to pay for the Gulf spill. (Reuters) New York state pension funds vote against five Walmart (NYSE:…

Douglas A. McIntyre · 14 years ago

Media Digest (4/30/2012) Reuters, WSJ, NYT, FT, Bloomberg

Philp Falcone receives extensions from creditors owed money by his high-speed wireless company LightSquared. (Reuters) Social gifting is a growing part of e-commerce. (Reuters) Barron’s says Apple (NASDAQ: AAPL) and Google (NASDAQ: GOOG) could join the DJIA.…

Douglas A. McIntyre · 14 years ago

Media Digest (4/27/2012) Reuters, WSJ, NYT, FT, Bloomberg

S&P downgrades Spain and presses for EU action on debt. (Reuters) The U.S. economy slows as inventories fall. (Reuters) The Bank of Japan increases yen purchases to 10 trillion. (Reuters) U.S. companies worry more…

Douglas A. McIntyre · 14 years ago