For those who have not noticed, Sirius (SIRI) and XM Satellite (XMSR) are trading near multi-year lows. That is odd since many investors believe that the FCC will approve their merger. The agency may…
According to Reuters, Yahoo! (YHOO) rejected a tie up with Google (GOOG) before the Microsoft (MSFT) bid. Retuers writes that loses may force Lehman (LEH) to raise another $3.4 billion. Reuters reports that GM…
According to Reuters, the head of Harris Bank said the company was not for sale. Reuters writes that Toyota (TM) will cut its sales forecasts for the US. Reuters reports that Nomura will enter…
Eastman Kodak Co. (NYSE: EK) announced today that it will increase prices on certain consumable products by up to 20%. You can guess the reason: soaring materials costs and the rise of petroleum. Kodak’s…
According to Reuters, merger talks between United (UAUA) and US Air (LCC) has been halted. Reuters reports that a US oil probe is focusing on price manipulation. Reuters writes that April insured mortgage defaults…
The war for newspapers to stay profitable, and, perhaps long-term, to stay viable has become a race between the fall-off in their print advertising and the increase of their online sales. Based on a…
Premier Exhibitions Inc. (NASDAQ: PRXI) has resolved its Attorney General inquiry with the State of New York. This inquiry was a significant overhang on the company, which has been seen in its share prices.…
According to Reuters, Yahoo! (YHOO) says Microsoft (MSFT) is not longer anxious for a merger. Reuters said Exxon (XOM) investors voted to keep the chairman and CEO jobs together. Reuters reports that China will…
According to Reuters, merger talks between United (UAUA) and US Air (LCC) has slowed. Retuers writes that NetFlix (NFLX) and Blockbuster (BBI) held competing analysts meetings on the same day. Reuters reports that GE…
The cable company will not be the sole provider of TV set-top boxes any longer. According to MarketWatch, "Industry officials said that by eliminating the set-top box, cable companies can simplify installation and reduce…
Advertising-supported cable networks are having a good year, and much of that is at the expense of traditional broadcast operations. The one of those which is a standalone company is CBS (CBS). Perhaps that…
According to Reuters, Asian economy’s may be severely damaged by rising oil and commodities prices. Reuters writtes that European Central Bank head Jean-Claude Trichet say that the markets are going through an ongoing correction.…
Late word is that The Weather Channel will be sold to either GE’s (GE) NBCU unit, in partnership with Blackstone (BX), or to Time Warner (TWX). According to Reuters, "The winning bid is expected…
According to Reuters, Ford (F) has given up on its plan to make a profit in 2009. Reuters reprots that Yahoo! (YHOO) nominated its board and delayed its annual meeting. Reuters writes that Merrill…
Goldman Sachs has issued a research report noting that Sirius Satellite Radio (NASDAQ: SIRI) and XM Satellite Radio (NASDAQ: XMSR) are likely going to need to raise capital. The note projects that it believes…