Jim Cramer Stays Against Apple (AAPL)
On tonight’s MAD MONEY on CNBC, Jim Cramer briefly addressed Apple Inc. (NASDAQ: AAPL). He said he has been against the company because of Steve Jobs’ health concerns. Today’s actions apparently are not even…
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Newest first · Page 343Will Warner Music Go Hard After Death Row? (WMG)
Being a record label, or now a music label, is not what it once was. Not even close. Just ask Death Row Records and former owner Suge Knight. In an odd twist of fate,…
Media Digest 1/14/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Citigroup (C) has begun the process of breaking itself into pieces. Reuters reports that Chrysler is in deal talks about selling assets to Renault or Magna. Reuters reports the Obama is…
Media Digest 1/13/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Detroit’s efforts to build "green" cars may come too late. Reuters reports that Obama is seeking the $350 billion still left in the TARP. Reuters writes that prosecutors will appeal a…
CBS (CBS) Loses At Musical Chairs
Shares in CBS (CBS) are down almost 65% over the last year, much more than the DJIA and other major media companies. Part of the reason is that the firm is poorly diversified and…
Twelve Major Media Brands Likely To Close In 2009
No one working in the media industry will ever have seen a year as bad as 2009 will be. The sharp slide in advertising began in 2008, and, based on the worsening economy, there…
Media Digest 1/12/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Citigroup (C) is near a deal to form a venture putting its brokerage business together with the one at Morgan Stanley (MS) Citi would be paid about $2 billion. Reuters reports…
Hearst To Dump Seattle P-I
It seems that the newspaper industry changes are not going to slow down any time soon. An ominous announcement came across Business Wire today saying Hearst Corporation intends to jettison the Seattle Post-Intelligencer and…
Media Digest 1/9/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, the world is waiting on US jobs data to measure recession. Reuters reports that a Congressional panel is upping criticism of the Treasury. Reuters reports that corporate fraud scandals can happen…
Media Digest 1/8/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Microsoft (MSFT) Windows 7 is "on schedule" and will begin testing with consumers. Reuters reports that Obama will lay out his case for stimulus package in a speech. Reuters reports that…
Media Digest 1/7/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Alcoa (AA) will fire more than 13,000 people. Reuters reports that Apple (AAPL) disappointed with no Jobs or big announcements at Macworld. Reuters reports that GM (GM) says government loans cover…
Is Liberty Exiting IAC/InteractiveCorp Entirely? (IACI, LINTA, LINTB, LMDIB, LCAPA, LCAPB)
John Malone and Barry Diller had their full round of the boxing match last year. But now it seems another fight may be under way. Liberty Media Corp. has been unloading shares of IAC/InteractiveCorp…
Media Digest 1/6/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According the Reuters, December domestic cars sales were the worst month in years. Reuters writes that Toyota (TM) will cut plants. Reuters reports that Apple’s (AAPL) Jobs tried to calm investors about his health.…
Media Digest 1/5/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Obama may seek take cuts of over $300 billion. Reuters reports that the SEC examined Madoff eight times over 16 years. Reuters reports that the Fed and European Central Bank plan…
Media Digest 1/2/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, cities and states are facing shortfalls and potential defaults. Reuters reports that the US steel industry is starting a "buy America" campaign. Reuters reports that Fannie Mae (FNM) believes that IndyMac…