Media Digest 10/12/2009
Reuters: E-mails and the credit crisis will be key to the trial of Bear Stearns workers. Reuters: The approval process for Tengzhong to buy Hummer has started in China. Reuters: Philips Electronics (NYSE:PHG) beat…
Reuters: E-mails and the credit crisis will be key to the trial of Bear Stearns workers. Reuters: The approval process for Tengzhong to buy Hummer has started in China. Reuters: Philips Electronics (NYSE:PHG) beat…
One of the leading media investing firms in the US, Gabelli & Co. wants cable outfit Comcast (NASDAQ:CMCSA) to stop its pursuit of GE’s (NYSE:GE) NBCU and turn its focus on better run media…
Rupert Murdoch wants Google (NASDAQ:GOOG) to pay for the use of content from his News Corp (NYSE:NWS) and all of his major competition. He told an audience at the World Media Summit in China…
Reuters: Chinese investors are holding a large amount of gold. Reuters: Bernanke sees tighter policies as the economy improves. Reuters: The Congressional Oversight Panel says that the US plan to help homeowners with mortgages…
Jeff Bezos, the founder of Amazon (NYSE:AMZN), is being praised as the man who has invented the next big and important electronic device. That category includes the Sony (NYSE:SNE) PS2, the Apple (NASDAQ:AAPL) iPod,…
Reuters: GM says most of its cost cutting is done and its sales chief left. Reuters: Spot gold hit a record above $1,050. Reuters: The Senate healthcare bill weighs in at $829 billion. Reuters: …
Reuters: Wealth management firms are starting to target the not-so wealthy. Reuters: Gold’s record price drew a muted response. Reuters: Google (NASDAQ:GOOG), Microsoft (NASDAQ:MSFT), and Palm (NASDAQ:PALM) are heating up the smartphone software race.
Reuters: The pay czar plans to rework employee pay at large banks. Reuters: Hewlett-Packard (NYSE:HPQ) may enter the tech M&A frenzy. Reuters: Microsoft (NASDAQ:MSFT) says some Hotmail passwords were exposed. Reuters: The US called…
Lazard Freres delivered Carl Icahn a break-up analysis of Time Warner (NYSE:TWX) in late January 2005. Icahn had bought five million shares in the media company and he wanted the board to sell the company’s…
Personal bankruptcies posted a big increase in September, not a surprise as unemployment races toward 10%. The American Bankruptcy Institute reports that the September 2009 consumer filing total reached 124,790, a 41% increase from…
Reuters: A bear market could kill the extraordinary rally in corporate bonds. Reuters: Treasury will announce three more funds are buying toxic assets. Reuters: Bank of America (BAC) will select an emergency CEO this…
Bloomberg is, according to several reports, the most likely buyer of the largest business magazine in America. BusinessWeek is being sold by McGraw-Hill (MHP) Bloomberg has the balance sheet and editorial staff to support…
Reuters: The retirement package for Ken Lewis of Bank of America (BAC) may be as high as $125 million. Reuters: US car sales plunged in September with Ford (F) up and GM down. Toyota…
GE (GE) won’t sell its NBC Universal division, at least not at the price levels that are being rumored. It is unlikely that in the current economic environment that GE could get more than…
Reuters: Ken Lewis will step down as CEO of Bank of America (BAC) Reuters: Cisco (CSCO) bought Tandbeg for $3 billion. Reuters: The IMF raised forecasts for US GDP but warned on its growing…