Can SIRIUS Avoid OTC or Pink Sheets? (SIRI)
This is a bear market and a recession, yet it still feels like Winston Churchill calling the actions of Russia as "a riddle, wrapped in a mystery, inside an enigma." When you look at…
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Newest first · Page 351The Death Of The New York Times (NYT)
It is astonishing, but even the online revenue at the newspaper operations of The New York Times Company (NYT) has stopped growing rapidly. It is almost certain that the newspaper group excluding internet revenue…
Media Digest 10/23/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, former Citigroup (C) CEO Sandy Weill may start a fund to invest in distressed financial companies. Reuters writes that Amazon (AMZN) turned in a weak forecast hurting its stock. Reuters reports…
The Daily Stock Double: ICO Global Communications (ICOG, BA)
ICO Global Communications (NASDAQ: ICOG) is indicated to open up more than 100% this morning after announcing a major court win. The small cap mobile satellite services company was awarded "at least $371 million"…
Media Digest 10/22/2008
According to Reuters, disappointing earnings pushed Wall St. down. Reuters reports that Yahoo! (YHOO) profits dropped and the company will cut jobs. Reuters writes that Kirk Kerkorian sold part of his Ford (F) shares…
Media Digest 10/21/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Japan markets were higher on a broad government bailout plan. Reuters reports that Merrill Lynch (MER) will cut 500 trading jobs. Reuters writes that low retailer prices and competition are cutting…
Hasbro vs. Mattel: Earnings From The Toy Giants (HAS, MAT)
We have seen earnings this morning from toy giants Hasbro Inc. (NYSE: HAS) and Mattel Inc. (NYSE: MAT). One is a relative winner, while one is not.
Media Digest 10/20/2008
According to Reuters, a number of retailers are cutting back holiday hiring as they anticipate lower sales. Reuters reports that GM’s (GM) interest in Chrysler’s cash is helping move a merger forward. Reuters reports…
Media Digest 10/17/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, policy makers around the world are trying to deal with the fact that the economy is moving into a deep recession. Reuters writes that Google (GOOG) exceeded forecasts and its shares…
Media Digest 10/16/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Swiss banks are getting large amounts of capital to fight the global credit crisis. Reuters reports that AIG (AIG) is lobbying to loosen government oversight rules. Reuters reports that Bernanke said…
Is Sumner Redstone Losing Grip Over CBS & Viacom? (CBS, VIA-B)
Sumner Redstone is one of the CEO’s we voted as one of Wall Street’s most entrenched CEO’s in the past. It isn’t that he is so well respected or loved, but it is because…
Sirius (SIRI) Says It Can Refinance Debt: Wall St. Disagrees
Sirius XM (SIRI) CEO Mel Karmazin say he can get his long-term debt refinanced. According to Reuters, "Sirius XM faces some $1.1 billion in debt in 2009. Of that, about $300 million comes due…
Media Digest 10/15/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, economic attention has now turned to the recession. Reuters reports that a new survey shows that half of all workers are worried about their jobs Reuters reports that unions are worried…
Media Digest 10/14/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, the Treasury will make $250 billion directly into banks. Ciitgroup (C) and JPMorgan (JPM) would get $26 billion each. Merrill Lynch (MER) and Bank of America (BAC) would each get $12.5…
Sony (SNE) Opts To Let PS3 Prices Stay High For Holidays: Guts On Parade
Sony Corp. (SNE) has elected not to mark down the price of its PlayStation 3 system for the holidays. The most basic version of the console, which was released in November 2006, is currently…