Media Digest 7/22/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Apple (AAPL) missed Wall St. expectations, sending the stock down by 10%. Reuters reports that American Express (AXP) profits fell on credit losses.
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Newest first · Page 359Media Digest 7/21/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Roche has offered to buy-out Genentech (DNA) for $42.7 billion. Retuers reports that one of Yahoo!’s (YHOO) activist investors has called for a compromise which would put some of Carl Icahn’s…
A Boost For Time Warner (TWX): Batman “Dark Knight” Takes In $155 Million
Executives at Time Warner (TWX) can enjoy their time this summer at their mansions and on their yachts. The company’s Warner studio’s latest film, "Dark Knight", part of the Batman series, has taken in…
Sirius/XM Nearing Final Hurdles (SIRI, XMSR)
Sirius Satellite Radio Inc. (NASDAQ: SIRI) and XM Satellite Radio Inc. (NASDAQ: XMSR) are both trading higher pre-market on reports that the last FCC commissioner will back the merger if the companies agree to…
Media Digest 7/18/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, analysts looking at results from Google (GOOG), Microsoft (MSFT), and IBM (IBM) are cautiously optimistic about upcoming tech earnings. Reuters writes that Merrill Lynch (MER) posted a loss of $4.9 billion…
ValueClick: An Omen for Online Ad Spending? (VCLK)
This morning ValueClick (NASDAQ: VCLK) came out and dropped the bomb on forward guidance. The immediate guidance isn’t such a bad issue but the forward guidance is. It lowered revenue guidance by 2% to…
Which Major Media Companies Will Buy The Big Blogs?
24/7 Wall St. recently listed The 25 Most Valuable Blogs. Two have been sold. Ars Technica was acquired by Conde Nast for about what we estimated. The 24/7 price tag was $15 million. Alley…
Media Digest 7/17/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, the FBI is probing IndyMac (IMB) for possible fraud. Reuters reports that Ebay’s (EBAY) outlook knocked its shares down. Reuteres writes that Merrill Lynch (MER) will sell its Bloomberg stake for…
3 Value Scenarios for Yahoo!: $17, $22, or $30 (YHOO, GOOG, TWX, MSFT, IACI)
The ongoing Yahoo! Inc. (NASDAQ: YHOO) merger saga with Microsoft (NASDAQ: MSFT) or its potential sidebar deal with Google Inc. (NASDAQ: GOOG) and the fight with Carl Icahn has been covered about every which…
Gannett (GCI): USA’s Largest Newspaper Company Takes A Hit
Even though the market expects poor results from newpaper companies, the actual results can come as a shock. Gannett (GCI) is off over 5% to a 52-week low of $15.93 on poor numbers. GCI…
Media Digest 7/16/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, talks between Time Warner’s (TWX) AOL and Yahoo! (YHOO) and Microsoft (MSFT) are heating up. Reuters reports that GM (GM) is confident that it can compete even after making large cuts.…
New Microsoft (MSFT) Xbox Competes With Loaf Of Bread
Microsoft (MSFT) has had its Xbox 360 in the market for over two years. The product is hardly mature. The current round of video game consoles which includes the Sony (SNE) PS3 and Nintendo…
Media Digest 7/15/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Bloomberg, GM (GM) will announce a major restructuring including moving more production to small cars. Reuters reports that regional bank stocks were hit hard by liquidity concerns. Reuters writes that Anheuser-Busch (BUD)…
Media Digest 7/14/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, the govenment will bail-out Freddie Mac (FRE) and Fannie Mae (FNM) through a combination of stock purchases and loans. Reuters reports that InBev will buy Anheuser-Busch (BUD) for $52 billion. Reuters…
Media Digest 7/11/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, the government is considering taking over Freddie Mac (FRE) and Fannie Mae (FNM). Reuters writes that Google (GOOG) thinks that an independent Yahoo! (YHOO) would be better for the search and…