Media Digest (11/15/2010) Reuters, WSJ, NYT, FT, Bloomberg
BHP Billiton (NYSE: BHP) abandoned its bid for Potah (NYSE: POT) and said it would begin a $4.2 billion buyback. (Reuters) SAIC has agreed to take a stake in the GM IPO. (Reuters) China…
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Newest first · Page 284Las Vegas Sands’ Improving Credit Metrics (LVS)
Things really must be getting better in Las Vegas, even if the city has one of the worst housing markets in the country. It may mostly be that Vegas casinos are winning from their…
Media Digest 11/12/2010 Reuters, WSJ, NYT, FT, Bloomberg
EU officials tried to reassure capital markets about Ireland’s viability. (Reuters) Yahoo ! (NASDAQ: YHOO) said a report it would lay of 20% of staff was “misleading.” (Reuters) Newsweek and The Daily Beast will…
The Good, The Bad, And The Irrelevant: Level 3 Finally Gets It Right
Good For the first time in a wretch history of poor management, Level 3 (NASDAQ: LVLT) finally got something right. The company has 67,000 miles of broadband backbone used to for VoIP, data, and video…
Level 3 Outlines Network Expansion On Netflix Pact (LVLT, NFLX, LLNW, AKAM)
Level 3 Communications, Inc. (NASDAQ: LVLT) is confirming what we already knew… Netflix Inc. (NASDAQ: NFLX) selected the wholesale data carrier to serve as a primary content delivery network provider for streaming functionality and…
The Ten Businesses The Smartphone Has Destroyed
Global smartphone sales rose by nearly 100% in the third quarter of 2010 compared with the same period last year. That allowed Apple (NASDAQ: AAPL) and Research In Motion (NASDAQ: RIMM) to pick up market share while…
Media Digest 11/11/2010 Reuters, WSJ, NYT, FT, Bloomberg
The US has tried to hold together discussions on currency and trade among unruly members of the G20 conference in Seoul. (Reuters) Cisco’s (NASDAQ: CSCO) grim outlook stunned investors. (Reuters) The US has begun…
Media Digest 11/10/2010 Reuters, WSJ, NYT, FT, Bloomberg
Arguments about the global economy became heated at the G20 summit. (Reuters) Research In Motion (NASDAQ: RIMM) prepared to launch its rival to the Apple (NASDAQ: AAPL) iPad and said threats to its BlackBerry…
SIRIUS XM Defies Downgrade & Mixed Calls (SIRI)
SIRIUS XM Radio Inc. (NASDAQ: SIRI) is defying gravity this morning. An analyst downgrade this morning came from Gabelli & Co., yet SIRIUS XM is seeing its shares up right after the open this…
Media Digest 11/9/2010 Reuters, WSJ, NYT, FT, Bloomberg
China warned that QE2 could destabilize the global economy. (Reuters) Aol (NYSE: AOL) has tapped Bank of America (NYSE: BAC) to aid it in its pursuit of Yahoo! (NASDAQ: YHOO). (Reuters) Some Fed officials…
Media Digest 11/8/2010 Reuters, WSJ, NYT, FT, Bloomberg
Chine criticized the US for its QE2 program because it believe the move will add to much liquidity to emerging markets. (Reuters) Regulators have begun to examine Citigoup debt funds to see if they…
Harrah’s IPO Return, As Caesars Entertainment Corporation (CZR)
This will not be a shock to many investors and it has been a highly telegraphed deal. Harrah’s is coming public, again. Harrah’s Entertainment, Inc. has announced that it has commenced an initial public…
Consumer Reports Says Microsoft Kinect Is Not “Racist”
Is the new Microsoft (NASDAQ: MSFT) Kinect game system “racist?” Consumer Reports says no. The problem began when Gamespot reported: testing suggests facial recognition features of Microsoft’s motion-sensing camera system might not work properly…
SIRIUS XM Keeps Beating & Raising Targets (SIRI)
SIRIUS XM Radio Inc. (NASDAQ: SIRI) managed to post a raw and real profit this morning. The satellite radio monopoly reported that third-quarter earnings were $67.6 million, which rounds up to $0.01 EPS. Its…
Media Digest 10/4/2010 Reuters, WSJ, NYT, FT, Bloomberg
The Federal Reserve took a risky step that will involve the purchase of $600 billion in securities. (Reuters) Nations in Asia and Latin America said they would alter policy to combat dollar inflows based on…